EOS
EOS fell by 1.10% on Tuesday. Following a 0.79% decline on Monday, EOS ended the day at $4.4973.
A mixed start to the day saw EOS rise to an early morning intraday high $4.5514 before hitting reverse.
Falling short of the first major resistance level at $4.7284, EOS slid to a late morning intraday low $4.2658.
EOS fell through the first major support level at $4.3990 before ending the day at $4.49 levels.
At the time of writing, EOS was up by 0.35% to $4.5129. A mixed start to the day saw EOS fall to an early morning low $4.4574 before rising to a high $4.5193
EOS left the major support and resistance levels untested early on.
For the day ahead
EOS would need to avoid the $4.4382 pivot to bring the first major resistance level at $4.6105 into play.
Support from the broader market would be needed to break out from Tuesday’s high $4.5514.
Barring a broad-based crypto rally, the first major resistance would likely cap any upside.
In the event of an extended rally, EOS could test resistance at $4.80 levels before any pullback. The second major resistance level sits at $4.7238.
A fall through the $4.4382 pivot would bring the first major support level at $4.3249 into play.
Barring an extended sell-off, however, EOS should steer clear of sub-$4.00 levels. The second major support level at $4.1526 should limit the downside.
Looking at the Technical Indicators
First Major Support Level: $4.3249
First Major resistance Level: $4.6105
23.6% FIB Retracement Level: $6.52
38% FIB Retracement Level: $9.68
62% FIB Retracement Level: $14.77
Stellar’s Lumen
Stellar’s Lumen slid by 3.43% on Tuesday. Partially reversing a 3.95% rally from Monday, Stellar’s Lumen ended the day at $0.3326.
A bearish start to the day saw Stellar’s Lumen slide from an early morning intraday high $0.3448 to a midday intraday low $0.3200.
Stellar’s Lumen fell through the 23.6% FIB of $0.3402 and the first major support level at $0.3275.
Steering clear of sub-$0.32 support levels, Stellar’s Lumen broke back through the first major support level to end the day at $0.33 levels.
At the time of writing, Stellar’s Lumen was up by 0.74% to $0.3350. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.3302 before rising to a high $0.3350.
Stellar’s Lumen left the major support and resistance levels untested early on.
For the day ahead
Stellar’s Lumen would need to avoid a fall back through the $0.3325 pivot to bring the first major resistance level at $0.3449 into play.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the 23.6% FIB of $0.3402.
Barring an extended rally, the first major resistance level and Tuesday’s high $0.3448 would likely cap the upside.
In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.36 levels before any pullback. The second major resistance level sits at $0.3573.
A fall back through the $0.3325 pivot would bring the first major support level at $0.3201 into play.
Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of sub-$0.30 levels. The second major support level at $0.3077 should limit the downside.
Looking at the Technical Indicators
First Major Support Level: $0.3201
First Major Resistance Level: $0.3449
23.6% FIB Retracement Level: $0.3402
38% FIB Retracement Level: $0.4277
62% FIB Retracement Level: $0.5690
Tron’s TRX
Tron’s TRX fell by 1.42% on Tuesday. Following a 0.77% loss on Monday, Tron’s TRX ended the day at $0.09577.
A mixed start to the day saw Tron’s TRX rise to an early morning intraday high $0.09716 before hitting reverse.
Falling short of the 38.2% FIB of $0.09890 and the first major resistance level at $0.1007, Tron’s TRX slid to a late morning intraday low $0.09129.
Tron’s TRX fell through the first major support level at $0.09415 before a partial recovery to end the day at $0.095 levels.
At the time of writing, Tron’s TRX was up by 0.34% to $0.09610. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.09488 before rising to a high $0.09610.
Tron’s TRX left the major support and resistance levels untested early on.
For the Day Ahead
Tron’s TRX would need avoid the $0.09474 pivot to bring the first major resistance level at $0.09819 and the 38.2% FIB of $0.09890 into play.
Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.098 levels.
Barring an extended crypto rally, the first major resistance level and the 38.2% FIB would likely cap the upside.
In the event of a broad-based crypto rally, Tron’s TRX could test resistance at $0.10 levels before any pullback. The second major resistance level sits at $0.1006.
A fall through the $0.09474 pivot would bring the first major support level at $0.09232 into play.
Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.090 levels. The second major support level sits at $0.08887.
Looking at the Technical Indicators
First Major Support Level: $0.09232
First Major Resistance Level: $0.09819
23.6% FIB Retracement Level: $0.0787
38.2% FIB Retracement Level: $0.0989
62% FIB Retracement Level: $0.1316
Please let us know what you think in the comments below
Thanks, Bob