EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – March 8th, 2021

EOS

EOS rose by 2.92% on Sunday. Following on from a 0.93% gain on Saturday, EOS ended the week up by 9.97% to $3.8327.

A mixed start to the day saw EOS fall to an early morning intraday low $3.7079 before making a move.

Steering well clear of the first major support level at $3.6174, EOS rallied to a final hour intraday high $3.8711.

EOS broke through the first major resistance level at $3.8105 to end the day at $3.83 levels.

At the time of writing, EOS was down by 0.16% to $3.8267. A mixed start to the day saw EOS rise to an early morning high $3.9446 before falling to a low $3.7553.

EOS broke through the first major resistance level at $3.8999 early on before falling into the red.

EOSUSD 080321 Hourly Chart

For the day ahead

EOS would need to avoid a fall back through the $3.8039 pivot level to support a run at the first major resistance level at $3.8999 back into play.

Support from the broader market would be needed, however, for EOS to break back through to $3.85 levels.

Barring an extended crypto rally, the first major resistance level and this morning’s high $3.9446 would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $4.00 before any pullback. The second major resistance level sits at $3.9671.

Failure to avoid a fall back through the $3.8039 pivot would bring the first major support level at $3.7367 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$3.70 levels. The second major support level sits at $3.6407.

Looking at the Technical Indicators

First Major Support Level: $3.7367

First Major resistance Level: $3.8999

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 rose by 2.74% on Sunday. Reversing a 0.79% loss from Saturday, Stellar’s Lumen ended the week up by 1.53% to $0.4126.

A bullish start to the day saw Stellar’s Lumen rally from an early morning intraday low $0.4017 to a late morning intraday high $0.4223.

Stellar’s Lumen broke through the first major resistance level at $0.4094 and the second major resistance level at $0.4172.

The reversal saw Stellar’s Lumen fall back through the resistance levels to $0.4030 before a late move back through to $0.41 levels.

Stellar’s Lumen broke back through the first major resistance level to wrap up the week at $0.412 levels.

At the time of writing, Stellar’s Lumen was down by 0.72% to $0.4097. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.4218 before falling to a low $0.4082.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLMUSD 080321 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move back through the pivot level at $0.4122 to bring the first major resistance level at $0.4228 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen break out from Sunday’s high $0.4223.

Barring an extended crypto rally, the first major resistance level and Sunday’s high would likely cap any upside.

In the event of an extended rally, Stellar’s Lumen could test the second major resistance level at $0.4328.

Failure to move back through the $0.4122 pivot would bring the first major support level at $0.4022 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.40 levels. The second major support level sits at $0.3916.

Looking at the Technical Indicators

 

First Major Support Level: $0.4022

First Major Resistance Level: $0.4228

23.6% FIB Retracement Level: $0.3426

38% FIB Retracement Level: $0.2823

62% FIB Retracement Level: $0.1850

Tron’s TRX

Tron’s TRX rose by 2.14% on Sunday. Following on from a 0.26% gain on Saturday, Tron’s TRX ended the week up by 12.62% to $0.05148.

A choppy start to the day saw Tron’s TRX fall to an early morning intraday low $0.04893 before making a move.

Steering clear of the first major support level at $0.04806, Tron’s TRX rallied to a final hour intraday high $0.05354.

Tron’s TRX broke through the first major resistance level at $0.05217 before falling back to end the day at sub-$0.052 levels.

At the time of writing, Tron’s TRX was down by 1.24% to $0.05084. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.05287 before falling back to a low $0.05027.

Tron’s TRX left the major support and resistance levels untested early on.

TRXUSD 080321 Hourly Chart

For the Day Ahead

Tron’s TRX need to move back through the pivot level at $0.05132 to bring the first major resistance level at $0.05370 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.053 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $0.05354 would likely cap any upside.

In the event of an extended rally Tron’s TRX could test resistance at $0.055 before any pullback. The second major resistance level sits at $0.05593.

Failure to move back through the $0.05132 pivot would bring the first major support level at $0.04909 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.048 levels. The second major support level sits at $0.04671.

Looking at the Technical Indicators

First Major Support Level: $0.04909

First Major Resistance Level: $0.05370

23.6% FIB Retracement Level: $0.03211

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – March 4th, 2021

EOS

EOS rallied by 4.42% on Wednesday. Reversing a 1.09% fall from Tuesday, EOS ended the day at $3.8289.

A mixed start to the day saw EOS fall to an early morning intraday low $3.6367 before making a move.

Steering well clear of the first major support level at $3.5335, EOS rallied to a late morning intraday high $4.0767.

EOS broke through the first major resistance level at $3.8381 and the second major resistance level at $4.0036.

Falling short of $4.10 levels, EOS fell back through the first major resistance level to sub-$3.80 levels before finding support.

EOS briefly broke back through the first major resistance level at $3.8381 before ending the day at sub-$3.83 levels.

At the time of writing, EOS was up by 0.56% to $3.8502. A mixed start to the day saw EOS fall to an early morning low $3.7525 before rising to a high $3.8631.

EOS left the major support and resistance levels untested early on.

EOSUSD 040321 Hourly Chart

For the day ahead

EOS would need to avoid a fall back through the $3.7474 pivot level to support a run at the first major resistance level at $4.0582.

Support from the broader market would be needed, however, for EOS to break back through to $4.00 levels.

Barring an extended crypto rally, the first major resistance level and Wednesday’s high $4.0767 would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $4.30 before any pullback. The second major resistance level sits at $4.2874.

Failure to avoid a fall back through the $3.8474 pivot would bring the first major support level at $3.6182 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$3.50 levels. The second major support level sits at $3.4074.

Looking at the Technical Indicators

First Major Support Level: $3.6182

First Major resistance Level: $4.0582

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 rose by 0.45% on Wednesday. Partially reversing a 2.78% loss from Tuesday, Stellar’s Lumen ended the day at $0.4210.

A bearish start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.4120 before making a move.

Steering clear of the first major support level at $0.3986, Stellar’s Lumen struck a mid-day intraday high $0.4385.

Coming up against the first major resistance level at $0.4381, Stellar’s Lumen slid back to sub-$0.42 levels before finding support.

A late move back through to $0.42 levels delivered the upside on the day.

At the time of writing, Stellar’s Lumen was up by 0.50% to $0.4231. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.4170 before rising to a high $0.4237.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLMUSD 040321 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the pivot level at $0.4238 to bring the first major resistance level at $0.4357 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen break back through to $0.43 levels.

Barring an extended crypto rally, the first major resistance level and Wednesday’s high $0.4385 would likely cap any upside.

In the event of an extended rally, Stellar’s Lumen could test the second major resistance level at $0.4503.

Failure to move through the $0.4238 pivot would bring the first major support level at $0.4092 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.40 levels. The second major support level sits at $0.3973.

Looking at the Technical Indicators

First Major Support Level: $0.4092

First Major Resistance Level: $0.4357

23.6% FIB Retracement Level: $0.3426

38% FIB Retracement Level: $0.2823

62% FIB Retracement Level: $0.1850

Tron’s TRX

Tron’s TRX rallied by 4.00% on Wednesday. Reversing a 1.26% fall from Tuesday, Tron’s TRX ended the day at $0.04887.

A choppy start to the day saw Tron’s TRX fall to an early morning intraday low $0.04624 before making a move.

Steering clear of the first major support level at $0.04501, Tron’s TRX rallied to a mid-day intraday high $0.05049.

Tron’s TRX broke through the first major resistance level at $0.04929 to revisit $0.050 levels before sliding back to sub-$0.048 levels.

Finding late support, Tron’s TRX broke back through the first major resistance level at $0.04929 to revisit $0.0499 levels before easing back.

Resistance at $0.050 pinned Tron’s TRX back late in the day.

At the time of writing, Tron’s TRX was up by 2.15% to $0.04992. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.04790 before striking a high $0.04996.

Tron’s TRX left the major support and resistance levels untested early on.

TRXUSD 040321 Hourly Chart

For the Day Ahead

Tron’s TRX need to avoid a fall through the pivot level at $0.04853 to bring the first major resistance level at $0.05083 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.050 levels.

Barring an extended crypto rally, the first major resistance level and Wednesday’s high $0.05049 would likely cap any upside.

In the event of an extended rally Tron’s TRX could test resistance at $0.053 before any pullback. The second major resistance level sits at $0.05278.

Failure to avoid a fall through the $0.04853 pivot would bring the first major support level at $0.04658 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.045 levels. The second major support level sits at $0.04428.

Looking at the Technical Indicators

First Major Support Level: $0.04658

First Major Resistance Level: $0.05083

23.6% FIB Retracement Level: $0.03211

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – March 3rd, 2021

EOS

EOS fell by 1.09% on Tuesday. Partially reversing a 6.52% gain from Monday, EOS ended the day at $3.6727.

A mixed start to the day saw EOS rally to a late morning intraday high $3.8644 before hitting reverse.

EOS broke through the first major resistance level at $3.8507 before sliding to a late intraday low $3.5598.

Steering clear of the first major support level at $3.5090, EOS found support to end the day at $3.67 levels.

At the time of writing, EOS was up by 0.62% to $3.6954. A mixed start to the day saw EOS fall to an early morning low $3.6367 before rising to a high $3.7137.

EOS left the major support and resistance levels untested early on.

EOSUSD 030321 Hourly Chart

For the day ahead

EOS would need to move back through the $3.6990 pivot level to support a run at the first major resistance level at $3.8381.

Support from the broader market would be needed, however, for EOS to break back through to $3.80 levels.

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $3.8644 would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $4.00 before any pullback. The second major resistance level sits at $4.0036.

Failure to move back through the $3.6990 pivot would bring the first major support level at $3.5335 into play.

Barring an extended sell-off, however, EOS should steer clear of the second major support level at $3.3944.

Looking at the Technical Indicators

First Major Support Level: $3.5335

First Major resistance Level: $3.8381

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 fell by 2.78% on Tuesday. Partially reversing a 6.08% rally from Monday, Stellar’s Lumen ended the day at $0.4192.

A bullish start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.4364 before hitting reverse.

Falling short of the first major resistance level ata $0.4449, Stellar’s Lumen fell to a late intraday low $0.3969.

The sell-off saw Stellar’s Lumen fall through the first major support level at $0.4093 before finding support.

A late move back through the first major support level to end the day at $0.419 levels.

At the time of writing, Stellar’s Lumen was down by 0.39% to $0.4176. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.4120 before rising to a high $0.4203.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLMUSD 030321 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall back through the pivot level at $0.4175 to bring the first major resistance level at $0.4381 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen break back through to $0.43 levels.

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $0.4364 would likely cap any upside.

In the event of an extended rally, Stellar’s Lumen could test the second major resistance level at $0.4570 and resistance at $0.46.

Failure to avoid a fall back through the $0.4175 pivot would bring the first major support level at $0.3986 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.3780.

Looking at the Technical Indicators

First Major Support Level: $0.3986

First Major Resistance Level: $0.4381

23.6% FIB Retracement Level: $0.3426

38% FIB Retracement Level: $0.2823

62% FIB Retracement Level: $0.1850

Tron’s TRX

Tron’s TRX fell by 1.26% on Tuesday. Partially reversing a 4.22% gain from Monday, Tron’s TRX ended the day at $0.04706.

A choppy start to the day saw Tron’s TRX rise to an early afternoon intraday high $0.04947 before hitting reverse.

Tron’s TRX broke through the first major resistance level at $0.04921 before sliding to a late intraday low $0.04519.

The sell-off saw Tron’s TRX fall through the first major support level at $0.04542 before finding support.

Late in the day, Tron’s TRX move back through to $0.047 levels to reduce the deficit on the day.

At the time of writing, Tron’s TRX was up by 1.14% to $0.04760. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.04624 before rising to a high $0.04779.

Tron’s TRX left the major support and resistance levels untested early on.

TRXUSD 030321 Hourly Chart

For the Day Ahead

Tron’s TRX need to avoid a fall back through the pivot level at $0.04724 to bring the first major resistance level at $0.04929 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.049 levels.

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $0.04947 would likely cap any upside.

In the event of an extended rally Tron’s TRX could test resistance at $0.051 before any pullback. The second major resistance level sits at $0.05152.

Failure to avoid a fall back through the $0.04724 pivot would bring the first major support level at $0.04501 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.04296 and the 38.2% FIB of $0.04280.

Looking at the Technical Indicators

First Major Support Level: $0.04501

First Major Resistance Level: $0.04929

23.6% FIB Retracement Level: $0.03211

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – March 2nd, 2021

EOS

EOS rallied by 6.52% on Monday. Reversing a 5.27% slide from the previous day, EOS ended the day at $3.7123.

A mixed start to the day saw EOS fall to an early morning intraday low $3.4441 before making a move.

Steering well clear of the first major support level at $3.2364, EOS rallied to a late afternoon intraday high $3.7858.

EOS broke through the first major resistance level at $3.7253 before a pullback to sub-$3.60 levels.

Finding late support, EOS revisited $3.72 levels before easing back.

At the time of writing, EOS was down by 0.27% to $3.7022. A mixed start to the day saw EOS rise to an early morning high $3.7738 before falling to a low $3.6884.

EOS left the major support and resistance levels untested early on.

EOSUSD 020321 Hourly Chart

For the day ahead

EOS would need to avoid a fall through the $3.6474 pivot level to support a run at the first major resistance level at $3.8507.

Support from the broader market would be needed, however, for EOS to break out from Monday’s high $3.7858.

Barring an extended crypto rally, the first major resistance level would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $4.00 before any pullback. The second major resistance level sits at $3.9891.

Failure to avoid a fall through the $3.6474 pivot would bring the first major support level at $3.5090 into play.

Barring another extended sell-off, however, EOS should steer clear of sub-$3.40 levels. The second major support level sits at $3.3057.

Looking at the Technical Indicators

First Major Support Level: $3.5090

First Major resistance Level: $3.8507

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 rallied by 6.08% on Monday. Partially reversing a 7.38% slide from Sunday, Stellar’s Lumen ended the day at $0.4312.

A mixed start to the day saw Stellar’s Lumen fall to a mid-morning intraday low $0.4010 before finding support.

Steering clear of the first major support level at $0.3744, Stellar’s Lumen rallied to a final hour intraday high $0.4366.

Falling short of the first major resistance level at $0.4446, Stellar’s Lumen eased back to end the day at sub-$0.431 levels.

At the time of writing, Stellar’s Lumen was down by 2.13% to $0.4220. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.4364 before falling to a low $0.4200.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLMUSD 020321 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move back through the pivot level at $0.4229 to bring the first major resistance level at $0.4449 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen break back through to $0.44 levels.

Barring an extended crypto rally, the first major resistance level and resistance at $0.45 would likely cap any upside.

In the event of an extended rally, Stellar’s Lumen could test the second major resistance level at $0.4585 and resistance at $0.46.

Failure to move back through the $0.4229 pivot would bring the first major support level at $0.4093 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.3873.

Looking at the Technical Indicators

First Major Support Level: $0.4093

First Major Resistance Level: $0.4449

23.6% FIB Retracement Level: $0.3426

38% FIB Retracement Level: $0.2823

62% FIB Retracement Level: $0.1850

Tron’s TRX

Tron’s TRX rose by 4.22% on Monday. Reversing a 1.95% fall from Sunday, Tron’s TRX ended the day at $0.04764.

A mixed start to the day saw Tron’s TRX fall to a mid-morning intraday low $0.04477 before making a move.

Steering clear of the first major support level at $0.43, Tron’s TRX rallied to a late afternoon intraday high $0.4856.

Tron’s TRX broke through the first major resistance level at $0.04785 before sliding back to sub-$0.046 levels.

Finding late support, however, Tron’s TRX moved back through to $0.047 levels to deliver the upside on the day.

The first major resistance level at $0.04785 pinned Tron’s TRX back late in the day.

At the time of writing, Tron’s TRX was down by 0.08% to $0.04760. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.04874 before falling to a low $0.04756.

Tron’s TRX left the major support and resistance levels untested early on.

TRXUSD 020321 Hourly Chart

For the Day Ahead

Tron’s TRX need to avoid a fall through the pivot level at $0.04699 to bring the first major resistance level at $0.04921 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from this morning’s high $0.04874.

Barring an extended crypto rally, the first major resistance level would likely cap any upside.

In the event of an extended rally Tron’s TRX could test the second major resistance level at $0.05078 before any pullback.

Failure to avoid a fall through the $0.4699 pivot would bring the first major support level at $0.04542 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.04320 and the 38.2% FIB of $0.04280.

Looking at the Technical Indicators

First Major Support Level: $0.04542

First Major Resistance Level: $0.04921

23.6% FIB Retracement Level: $0.03211

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – March 1st, 2021

EOS

EOS slid by 5.27% on Sunday. Reversing a 3.12% fall from Saturday, EOS ended the week down by 31.76% to $3.4836.

A mixed start to the day saw EOS rise to an early morning intraday high $3.7198 before hitting reverse.

Falling short of the first major resistance level at $3.8372, EOS slid to a late afternoon intraday low $3.2309.

EOS fell through the first major support level at $3.5212 and the second major support level at $3.3721.

Finding late support, EOS revisited $3.54 levels before falling back through the first major support level to end the day at sub-$3.49 levels.

At the time of writing, EOS was up by 1.32% to $3.5297. A mixed start to the day saw EOS fall to an early morning low $3.4441 before rising to a high $3.5616.

EOS left the major support and resistance levels untested early on.

EOSUSD 010321 Hourly Chart

For the day ahead

EOS would need to avoid a fall back through the $3.4781 pivot level to support a run at the first major resistance level at $3.7253.

Support from the broader market would be needed, however, for EOS to break out from Sunday’s high $3.7198.

Barring an extended crypto rally, the first major resistance level would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $3.90 before any pullback. The second major resistance level sits at $3.9670.

Failure to avoid a fall back through the $3.4781 pivot would bring the first major support level at $3.2364 into play.

Barring another extended sell-off, however, EOS should steer clear of sub-$3.00 levels. The second major support level sits at $2.9892.

Looking at the Technical Indicators

First Major Support Level: $3.2364

First Major resistance Level: $3.7253

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 7.38% on Sunday. Reversing a 9.64% gain from Saturday, Stellar’s Lumen ended the week down by 18.16% to $0.4065.

A bullish start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.4506 before hitting reverse.

Falling short of the 23.6% FIB and the first major resistance level at $0.4733, Stellar’s Lumen slid to a late afternoon intraday low $0.3804.

Stellar’s Lumen fell through the first major support level at $0.4018 before briefly revisiting $0.41 levels.

At the time of writing, Stellar’s Lumen was up by 1.52% to $0.4126. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.4030 before rising to a high $0.4154.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLMUSD 010321 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall back through the pivot level at $0.4125 to bring the first major resistance level at $0.4446 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen break back through to $0.44 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $0.4506 would likely cap any upside.

In the event of an extended rally, Stellar’s Lumen could test resistance at the 23.6% FIB of $0.4713 and the second major resistance level at $0.4827.

Failure to avoid a fall back through the $0.4125 pivot would bring the 38.2% FIB of $0.3864 and the first major support level at $0.3744 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.3423.

Looking at the Technical Indicators

First Major Support Level: $0.3744

First Major Resistance Level: $0.4446

23.6% FIB Retracement Level: $0.3426

38% FIB Retracement Level: $0.2823

62% FIB Retracement Level: $0.1850

Tron’s TRX

Tron’s TRX fell by 1.95% on Sunday. Reversing a 2.58% gain from Saturday, Tron’s TRX ended the week down by 23.58% to $0.04569.

A bullish start to the day saw Tron’s TRX rise to an early morning intraday high $0.04732 before hitting reverse.

Falling short of the first major resistance level at $0.04863, Tron’s TRX slid to a mid-morning intraday low $0.04247.

The pullback saw Tron’s TRX fall through the first major support level at $0.04466 and the second major support level at $0.04275.

Tron’s TRX also fell through the 38.2% FIB of $0.04280 before a brief revisit to $0.0464 levels.

A 2nd pullback, however, saw Tron’s TRX fall through the first major support level to test support at the 38.2% FIB of $0.04280.

Finding late support, Tron’s TRX revisited $0.0464 levels for a 2nd time before ending the day at $0.045 levels.

At the time of writing, Tron’s TRX was up by 0.29% to $0.04583. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.04502 before rising to a high $0.04715.

Tron’s TRX left the major support and resistance levels untested early on.

TRXUSD 010321 Hourly Chart

For the Day Ahead

Tron’s TRX need to avoid a fall back through the pivot level at $0.04516 to bring the first major resistance level at $0.04785 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Sunday’s high $0.04732.

Barring an extended crypto rally, the first major resistance level and resistance at $0.048 would likely cap any upside.

In the event of an extended rally Tron’s TRX could test resistance at $0.050 before any pullback. The second major resistance level sits at $0.05001.

Failure to avoid a fall back through the $0.04516 pivot would bring the first major support level at $0.04300 and the 38.2% FIB of $0.04280 into play.

Barring an extended sell-off on the day, Tron’s TRX should steer clear of the second major support level at $0.04031.

Looking at the Technical Indicators

First Major Support Level: $0.04300

First Major Resistance Level: $0.04785

23.6% FIB Retracement Level: $0.03211

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – February 25th, 2021

EOS

EOS rose by 1.17% on Wednesday. Partially reversing an 18.08% tumble Tuesday, EOS ended the day at $3.9007.

A mixed start to the day saw EOS fall to an early morning intraday low $3.6613 before making a move.

Steering clear of the first major support level at $3.0957, EOS rose to a late morning intraday high $4.1618.

Falling short of the first major resistance level at $4.6626, EOS fell back to sub-$3.80 levels and into the red.

A late move back through to $3.90 levels delivered the upside on the day, however.

At the time of writing, EOS was up by 1.97% to $3.9776. A mixed start to the day saw EOS fall to an early morning low $3.8543 before rising to a high $4.0451.

EOS left the major support and resistance levels untested early on.

EOSUSD 250221 Hourly Chart
EOSUSD 250221 Hourly Chart

For the day ahead

EOS would need to avoid a fall back through the $3.9079 pivot level to support a run at the first major resistance level at $4.1546.

Support from the broader market would be needed, however, for EOS to break back through to $4.10 levels.

Barring an extended crypto rally, the first major resistance level and Wednesday’s high $4.1618 would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $4.50 before any pullback. The second major resistance level sits at $4.4084.

Failure to avoid a fall back through the $3.9079 pivot would bring the first major support level at $3.6541 into play.

Barring another extended sell-off, however, EOS should steer clear of sub-$3.50 levels. The second major support level sits at $3.4074.

Looking at the Technical Indicators

First Major Support Level: $3.6541

First Major resistance Level: $4.1546

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 rallied by 7.14% on Wednesday. Partially reversing a 16.57% slide from Tuesday, Stellar’s Lumen ended the day at $0.4144.

A choppy start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.3680 before making a move.

While falling through the 38.2% FIB of $0.3864, Stellar’s Lumen steered clear of the first major support level at $0.3121.

Finding support through the morning, Stellar’s Lumen broke back through the 38.2% FIB to strike a late morning intraday high $0.4344.

Falling short of the first major resistance level at $0.4631, Stellar’s Lumen fell back to $0.38 levels.

The fall back through the 38.2% FIB was brief, however, with Stellar’s Lumen wrapping up the day at $0.41 levels.

At the time of writing, Stellar’s Lumen was up by 2.58% to $0.4159. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.4037 before rising to a high $0.4190.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLMUSD 250221 Hourly Chart
XLMUSD 250221 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall back through the pivot level at $0.4056 to bring the first major resistance level at $0.4432 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen break out from Wednesday’s high $0.4344.

Barring an extended crypto rally, the first major resistance level and resistance at $0.45 would likely cap any upside.

In the event of an extended rally, Stellar’s Lumen could test resistance at the 23.6% FIB of $0.4713 and the second major resistance level at $0.4720.

Failure to avoid a fall back through the $0.4056 pivot would bring the 38.2% FIB of $0.3864 and the first major support level at $0.3768 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.3392.

Looking at the Technical Indicators

First Major Support Level: $0.3768

First Major Resistance Level: $0.4432

23.6% FIB Retracement Level: $0.3426

38% FIB Retracement Level: $0.2823

62% FIB Retracement Level: $0.1850

Tron’s TRX

Tron’s TRX rallied by 7.22% on Wednesday. Partially reversing a 16.97% slide from Tuesday, Tron’s TRX ended the day at $0.04826.

A mixed start to the day saw Tron’s TRX fall to an early morning intraday low $0.04277 before making a move.

While steering clear of the first major support level at $0.03664, Tron’s TRX found support at the 38.2% FIB of $0.04280.

Through the morning, Tron’s TRX rallied to a late morning intraday high $0.05051 before a second sell-off.

Falling short of the first major resistance level at $0.05403, Tron’s TRX fell back to $0.046 levels before ending the day at $0.048 levels.

At the time of writing, Tron’s TRX was up by 1.40% to 0.04894. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.04760 before rising to a high $0.04986.

TRXUSD 250221 Hourly Chart
TRXUSD 250221 Hourly Chart

For the Day Ahead

Tron’s TRX need to avoid a fall through pivot level at $0.04718 to bring the first major resistance level at $0.05159 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.050 levels.

Barring an extended crypto rally, the first major resistance level would likely cap any upside.

In the event of an extended rally Tron’s TRX could test resistance at $0.055 before any pullback. The second major resistance level sits at $0.05492.

Failure to avoid a fall through the $0.04718 pivot would bring the first major support level at $0.04385 and the 38.2% FIB of $0.04280 into play.

Barring an extended sell-off on the day, Tron’s TRX should steer clear of the second major support level at $0.03944.

Looking at the Technical Indicators

First Major Support Level: $0.04385

First Major Resistance Level: $0.05159

23.6% FIB Retracement Level: $0.03211

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – February 24th, 2021

EOS

EOS tumbled by 18.08% on Tuesday. Following on from a 7.99% slide on Monday, EOS ended the day at $3.8475.

A mixed start to the day saw EOS rise to an early morning intraday high $4.7259 before hitting reverse.

Falling short of the first major resistance level at $5.3447, EOS slid to a late morning intraday low $3.1590.

EOS fell through the first major support level at $4.0083 and the second major support level at $3.3196.

Steering clear of sub-$3.00 levels, EOS broke back through the second major support level to end the day at $3.80 levels.

At the time of writing, EOS was down by 1.77% to $3.7795. A mixed start to the day saw EOS rise to an early morning high $3.8837 before falling to a low $3.6613.

EOS left the major support and resistance levels untested early on.

EOSUSD 240221 Hourly Chart

For the day ahead

EOS would need to move through the $3.9108 pivot level to support a run at the first major resistance level at $4.6626.

Support from the broader market would be needed, however, for EOS to break back through to $4.5 levels.

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $4.7259 would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $5.00 before any pullback. The second major resistance level sits at $5.4777.

Failure to move through the $3.9108 pivot would bring the first major support level at $3.0957 into play.

Barring another extended sell-off, however, EOS should steer clear of sub-$3.00 levels. The second major support level sits at $2.3439.

Looking at the Technical Indicators

First Major Support Level: $3.0957

First Major resistance Level: $4.6626

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 16.57% on Tuesday. Following on from a 6.68% fall on Monday, Stellar’s Lumen ended the day at $0.3867.

A choppy start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.4650 before hitting reverse.

Falling short of the first major resistance level at $0.5323, Stellar’s Lumen tumbled to a late morning intraday low $0.3140.

The sell-off saw Stellar’s Lumen fall through the first major support level at $0.3873 and the 38.2% FIB of $0.3864.

Finding support going into the afternoon, Stellar’s Lumen broke back through the first major support level and the 38.2% FIB to revisit $0.40 levels.

Through the 2nd half of the day, however, Stellar’s Lumen slid back to sub-$0.35 levels before ending the day at $0.386 levels.

The 2nd sell-off saw Stellar’s Lumen fall back through the first major support level and the 38.2% FIB of $0.3864. At the day end, the 38.2% FIB of $0.3864 pegged Stellar’s Lumen back.

At the time of writing, Stellar’s Lumen was down by 1.08% to $0.3825. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.3908 before falling to a low $0.3680.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLMUSD 240221 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move back through 38.2% FIB of $0.3864 and the pivot level at $0.3886 to bring the first major resistance level at $0.46313 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen break out from $0.45 levels.

Barring an extended crypto rally, the first major resistance level and 23.6% FIB of $0.4713 would likely cap any upside.

In the event of an extended rally, Stellar’s Lumen could test resistance at $0.50. The second major resistance level sits at $0.5396.

Failure to move back through the 38.2% FIB and the $0.3886 pivot would bring the first major support level at $0.3121 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of the 62% FIB of $0.2493 and the second major support level at $0.2376.

Looking at the Technical Indicators

First Major Support Level: $0.3121

First Major Resistance Level: $0.4631

23.6% FIB Retracement Level: $0.3426

38% FIB Retracement Level: $0.2823

62% FIB Retracement Level: $0.1850

Tron’s TRX

Tron’s TRX tumbled by 16.97% on Tuesday. Following on from a 9.40% slide on Monday, Tron’s TRX ended the day at $0.04498.

A mixed start to the day saw Tron’s TRX rise to an early morning intraday high $0.05474 before hitting reverse.

Falling short of the first major resistance level at $0.06086, Tron’s TRX slid to a late morning intraday low $0.03735.

The sell-off saw Tron’s TRX slide through the first major support level at $0.04649 and the second major support level at $0.03881.

Tron’s TRX also fell through the 38.2% FIB of $0.04280.

Finding late morning support, Tron’s TRX briefly revisited $0.046 levels before ending the day at $0.044 levels.

While breaking back through the 38.2% FIB, the first major support level at $0.04649 pinned Tron’s TRX back late in the day.

At the time of writing, Tron’s TRX was down by 0.39% to $0.04480. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.04566 before falling to a low $0.04277.

While leaving the major support and resistance levels untested early on, Tron’s TRX tested support at the 38.2% FIB of $0.04280.

TRXUSD 240221 Hourly Chart

For the Day Ahead

Tron’s TRX need to move through pivot level at $0.04569 to bring the first major resistance level at $0.05403 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.050 levels.

Barring an extended crypto rally, the first major resistance level would likely cap any upside.

In the event of an extended rally Tron’s TRX could test resistance at $0.060 before any pullback. The second major resistance level sits at $0.06308.

Failure to move through the $0.04569 pivot would bring the 38.2% FIB of $0.04280 and the first major support level at $0.03664 into play.

Barring another extended sell-off on the day, Tron’s TRX should steer clear of the second major support level at $0.02830. The 23.6% FIB of $0.0291 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.03664

First Major Resistance Level: $0.05403

23.6% FIB Retracement Level: $0.03211

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – February 23rd, 2021

EOS

EOS slid by 7.99% on Monday. Reversing a 5.42% rally from Sunday, EOS ended the day at $4.6969.

A mixed start to the day saw EOS rise to a late morning intraday high $5.3038 before hitting reverse.

Falling short of the first major resistance level at $5.5113, EOS slid to an early afternoon intraday low $3.9674.

EOS fell through the first major support level at $4.7214 and the second major support level at $4.3316.

Steering clear of the third major support level at $3.5417, EOS revisited $4.78 levels before easing back.

EOS broke back through the second major support level and the first major support level before ending the day at sub-$4.70 levels.

At the time of writing, EOS was down by 1.48% to $4.6273. A mixed start to the day saw EOS rise to an early morning high $4.7368 before falling to a low $4.5825.

EOS left the major support and resistance levels untested early on.

EOSUSD 230221 Hourly Chart

For the day ahead

EOS would need to move back through the $4.6560 pivot level to support a run at the first major resistance level at $5.3447.

Support from the broader market would be needed, however, for EOS to break back through to $5.0 levels.

Barring an extended crypto rally, the first major resistance level and Monday’s high $5.3038 would likely cap any upside.

In the event of an extended rally, EOS could test the second major resistance level at $5.9924.

Failure to move back through the $4.6560 pivot would bring the first major support level at $4.0083 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$3.50 levels. The second major support level sits at $3.3196.

Looking at the Technical Indicators

First Major Support Level: $4.0083

First Major resistance Level: $5.3447

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 fell by 6.68% on Monday. Reversing a 2.08% gain from Sunday, Stellar’s Lumen ended the day at $0.4635.

A choppy start to the day saw Stellar’s Lumen rally to a mid-morning intraday high $0.5250 before hitting reverse.

Stellar’s Lumen broke through the first major resistance level at $0.5116 before sliding to an early afternoon intraday low $0.3800.

The sell-off saw Stellar’s Lumen fall through the day’s major support levels and the 23.6% FIB of $0.4713.

Finding support at the 38.2% FIB of $0.3864, Stellar’s Lumen revisited $0.4719 levels before easing back.

Stellar’s Lumen broke back through the third major support level at $0.4269 and the second major support level at $0.4601.

The 23.6% FIB of $0.4713 pinned Stellar’s Lumen back late in the day, however.

At the time of writing, Stellar’s Lumen was down by 2.44% to $0.4522. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.4650 before falling to a low $0.4508.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLMUSD 230221 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move back through pivot level at $0.4562 to bring the first major resistance level at $0.5323 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen break out the 23.6% FIB of $0.4713.

Barring an extended crypto rally, the first major resistance level and would likely cap any upside.

In the event of an extended rally, Stellar’s Lumen could test resistance at $0.55. The second major resistance level sits at $0.6012.

Failure to move back through the $0.4562 pivot would bring the first major support level at $0.3873 and the 38.2% FIB of $0.3864 back into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.3112.

Looking at the Technical Indicators

First Major Support Level: $0.3873

First Major Resistance Level: $0.5323

23.6% FIB Retracement Level: $0.3426

38% FIB Retracement Level: $0.2823

62% FIB Retracement Level: $0.1850

Tron’s TRX

Tron’s TRX slid by 9.40% on Monday. Reversing a 3.80% gain from Sunday, Tron’s TRX ended the day at $0.05417.

A mixed start to the day saw Tron’s TRX rise to an early morning intraday high $0.05987 before hitting reverse.

Falling short of the first major resistance level at $0.06225, Tron’s TRX slid to an early afternoon intraday low $0.04550.

The sell-off saw Tron’s TRX slide through the day’s major support levels.

Steering clear of the 38.2% FIB of $0.0428, Tron’s TRX revisited $0.055 levels before easing back.

The partial recovery saw Tron’s TRX break back through the third major support level at $0.04809 and the second major support level at $0.05363.

At the time of writing, Tron’s TRX was down by 2.73 % to $0.05270. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.05474 before falling to a low $0.05204.

Tron’s TRX left the major support and resistance levels untested early on.

TRXUSD 230221 Hourly Chart

For the Day Ahead

Tron’s TRX need to move back through pivot level at $0.05318 to bring the first major resistance level at $0.06086 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Monday’s high $0.05987.

Barring an extended crypto rally, the first major resistance level would likely cap any upside.

In the event of an extended rally Tron’s TRX could test resistance at $0.065 before any pullback. The second major resistance level sits at $0.06755.

Failure to move back through the $0.05318 pivot would bring the first major support level at $0.04649 into play.

Barring an extended sell-off on the day, Tron’s TRX should steer clear of the second major support level at $0.03881. The 38.2% FIB of $0.0428 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.04649

First Major Resistance Level: $0.06086

23.6% FIB Retracement Level: $0.03211

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – February 22nd, 2021

EOS

EOS rallied by 5.42% on Sunday. Partially reversing a 7.38% slide from Saturday, EOS ended the week up by 0.79% to $5.1111.

A mixed start to the day saw EOS fall to an early morning intraday low $4.7318 before making a move.

Steering clear of the first major support level at $4.3511, EOS rallied to a mid-afternoon intraday high $5.5217.

EOS broke through the first major resistance level at $5.4521 before a pullback to sub-$5.10 levels.

Steering clear of sub-$5.00 levels, however, EOS wrapped up the day at $5.11 levels.

At the time of writing, EOS was down by 2.77% to $4.9693. A mixed start to the day saw EOS rise to an early morning high $5.1347 before falling to a low $4.8698.

EOS left the major support and resistance levels untested early on.

EOSUSD 220221 Hourly Chart

For the day ahead

EOS would need to move back through the $5.1215 pivot level to support a run at the first major resistance level at $5.5113.

Support from the broader market would be needed, however, for EOS to break back through to $5.5 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $5.5217 would likely cap any upside.

In the event of an extended rally, EOS could test the second major resistance level at $5.9114.

Failure to move back through the $5.1215 pivot would bring the first major support level at $4.7214 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$4.50 levels. The second major support level sits at $4.3316.

Looking at the Technical Indicators

First Major Support Level: $4.7214

First Major resistance Level: $5.5113

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 rose by 2.08% on Sunday. Partially reversing a 5.28% slide from Saturday, Stellar’s Lumen ended the week down by 3.87% to 0.4967.

A bearish start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.4750 before making a move.

Steering clear of the 23.6% FIB of $0.4713 and the first major support level at $0.4563, Stellar’s Lumen rallied to a late morning intraday high $0.5082.

Falling short of the first major resistance level at $0.5251, Stellar’s Lumen fell back to $0.48 levels before finding support.

Late in the day, Stellar’s Lumen moved back through to $0.49 levels to deliver the upside for the day.

At the time of writing, Stellar’s Lumen was down by 3.00% to $0.4818. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.4990 before falling to a low $0.4762.

Stellar’s Lumen fell through the first major support level at $0.4784 and the 23.6% FIB of $0.4713 early on.

XLMUSD 220221 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move back through pivot level at $0.4933 to bring the first major resistance level at $0.5116 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen break out from Sunday’s high $0.5082.

Barring an extended crypto rally, the first major resistance level and would likely cap any upside.

In the event of an extended rally, Stellar’s Lumen could test resistance at $0.53. The second major resistance level sits at $0.5265.

Failure to move back through the $0.4933 pivot would bring the first major support level at $0.4784 and 23.6% FIB of $0.4713 back into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.4601.

Looking at the Technical Indicators

First Major Support Level: $0.4784

First Major Resistance Level: $0.5116

23.6% FIB Retracement Level: $0.3426

38% FIB Retracement Level: $0.2823

62% FIB Retracement Level: $0.1850

Tron’s TRX

Tron’s TRX rose by 3.80% on Sunday. Partially reversing a 5.62% slide from Saturday, Tron’s TRX ended the week up by 8.83% to $0.05979.

A bearish start to the day saw Tron’s TRX fall to an early morning intraday low $0.05609 before making a move.

Steering clear of the first major support level at $0.05296, Tron’s TRX rose to a late afternoon intraday high $0.06163.

Falling short of the first major resistance level at $0.06331, Tron’s TRX fell back to end the day at sub-$0.060 levels.

At the time of writing, Tron’s TRX was down by 1.54% to $0.05888. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.06044 before falling to a low $0.05723.

Tron’s TRX left the major support and resistance levels untested early on.

TRXUSD 220221 Hourly Chart

For the Day Ahead

Tron’s TRX need to move back through pivot level at $0.05917 to bring the first major resistance level at $0.06225 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Sunday’s high $0.06163.

Barring an extended crypto rally, the first major resistance level would likely cap any upside.

In the event of an extended rally Tron’s TRX could test resistance at $0.065 before any pullback. The second major resistance level sits at $0.06471.

Failure to move back through the $0.05917 pivot would bring the first major support level at $0.05671 into play.

Barring an extended sell-off on the day, Tron’s TRX should steer clear of the second major support level at $0.05363.

Looking at the Technical Indicators

First Major Support Level: $0.05671

First Major Resistance Level: $0.06225

23.6% FIB Retracement Level: $0.03211

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – February 18th, 2021

EOS

EOS rallied by 4.38% on Wednesday. Reversing a 1.33% decline from Tuesday, EOS ended the day at $4.8470.

A mixed start to the day saw EOS fall to an early morning intraday low $4.4217 before making a move.

Steering clear of the first major support level at $4.3611, EOS rose to a mid-day intraday high $4.8957.

Falling short of the first major resistance level at $4.9730, EOS fell back to sub-$4.80 levels before ending the day at $4.8470.

At the time of writing, EOS was up by 1.81% to $4.9347. A mixed start to the day saw EOS fall to an early morning low $4.8173 before rising to a high $5.0202.

EOS left the major support and resistance levels untested early on.

EOSUSD 180221 Hourly Chart

For the day ahead

EOS would need to avoid a fall through the $4.7215 pivot level to support another run at the first major resistance level at $5.0212.

Support from the broader market would be needed, however, for EOS to break out from this morning’s high $5.0202

Barring an extended crypto rally, the first major resistance level would likely cap any upside.

In the event of an extended rally, EOS could test the second major resistance level at $5.1955.

Failure to avoid a fall through the pivot level at $4.7215 would bring the first major support level at $4.5472 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$4.50 levels. The second major support level sits at $4.2475.

Looking at the Technical Indicators

First Major Support Level: $4.5472

First Major resistance Level: $5.0212

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 rose by 2.53% on Wednesday. Partially reversing a 3.23% fall from Tuesday, Stellar’s Lumen ended the day at $0.4977.

A bearish start to the day saw Stellar’s Lumen fall to an early morning low $0.4561.

Stellar’s Lumen fell through the 23.6% FIB of $0.4713 and the first major support level at $0.4587 before making a move.

Steering clear of sub-$0.45 levels, Stellar’s Lumen rallied to a late intraday high $0.5100.

Coming up against the first major resistance level at $0.5084, Stellar’s Lumen fell back to end the day at sub-$0.50 levels.

At the time of writing, Stellar’s Lumen was up by 1.64% to $0.5059. A bullish start to the day saw Stellar’s Lumen rise from an early morning low $0.4980 to a high $0.5133

Stellar’s Lumen left the major support and resistance levels untested early on.

XLMUSD 180221 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through pivot level at $0.4879 to bring the first major resistance level at $0.5198 back into play.

Support from the broader market would be needed, however, for Stellar’s Lumen break out from this morning’s high $0.5133.

Barring an extended crypto rally, the first major resistance level and would likely cap any upside.

In the event of an extended rally, Stellar’s Lumen could test resistance at $0.55. The second major resistance level sits at $0.5418.

Failure to avoid a fall through the $0.4879 pivot would bring the 23.6% FIB of $0.4713 and the first major support level at $0.4659 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.45 levels. The second major support level sits at $0.4340.

Looking at the Technical Indicators

First Major Support Level: $0.4659

First Major Resistance Level: $0.5198

23.6% FIB Retracement Level: $0.3426

38% FIB Retracement Level: $0.2823

62% FIB Retracement Level: $0.1850

Tron’s TRX

Tron’s TRX rose by 1.12% on Wednesday. Following on from a 2.54% gain on Tuesday, Tron’s TRX ended the day at $0.05217.

A bearish start to the day saw Tron’s TRX fall to an early morning intraday low $0.04864 before making a move.

Tron’s TRX fell through the first major support level at $0.04889 before rising to an early afternoon intraday high $0.05434.

Falling short of the first major resistance level at $0.05539, Tron’s TRX fell back to end the day at $0.052 levels.

At the time of writing, Tron’s TRX was up by 3.98% to $0.05425. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.05197 before rising to a high $0.05467.

Tron’s TRX broke through the first major resistance level at $0.05479 early on.

TRXUSD 180221 Hourly Chart

For the Day Ahead

Tron’s TRX need to avoid a fall through pivot level at $0.05172 to bring the first major resistance level at $0.05479 back into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.05450 levels.

Barring an extended crypto rally, the first major resistance level and morning high $0.05497 would likely cap any upside.

In the event of an extended rally Tron’s TRX could test resistance at $0.060 before any pullback. The second major resistance level sits at $0.05742.

Failure to avoid a fall through the $0.05172 pivot would bring the first major support level at $0.04909 into play.

Barring an extended sell-off on the day, Tron’s TRX should steer clear of the second major support level at $0.04602.

Looking at the Technical Indicators

First Major Support Level: $0.04909

First Major Resistance Level: $0.05479

23.6% FIB Retracement Level: $0.03211

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – February 17th, 2021

EOS

EOS fell by 1.33% on Tuesday. Following on from a 7.07% slide on Monday, EOS ended the day at $4.6512.

A mixed start to the day saw EOS fall to an early morning low $4.5108 before making a move.

Steering clear of the major support levels, EOS rose to a mid-day intraday high $5.0046.

Falling short of the first major resistance level at $5.2680, EOS slid to a late afternoon intraday low $4.3927.

Steering clear of the first major support level at $4.1522, EOS moved back through to $4.65 levels to reduce the deficit on the day.

At the time of writing, EOS was down by 1.50% to $4.5815. A mixed start to the day saw EOS rise to an early morning high $4.7056 before falling to a low $4.5610.

EOS left the major support and resistance levels untested early on.

EOSUSD 170221 Hourly Chart

For the day ahead

EOS would need to move back through the $4.6828 pivot level to support a run at the first major resistance level at $4.9730.

Support from the broader market would be needed, however, for EOS to break back through to $4.90 levels.

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $5.0046 would likely cap any upside.

In the event of an extended rally, EOS could test the second major resistance level at $5.2947.

Failure to move back through the pivot level at $4.6828 would bring the first major support level at $4.3611 into play.

Barring an extended sell-off, however, EOS should continue to steer clear of sub-$4.00 levels. The second major support level at $4.0709 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $4.3611

First Major resistance Level: $4.9730

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 fell by 3.23% on Tuesday. Following on from a 4.20% decline on Monday, Stellar’s Lumen ended the day at $0.4789.

A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.4805 before making a move.

Steering clear of the major support levels, Stellar’s Lumen struck an early morning intraday high $0.5177 before hitting reverse.

Falling short of the first major resistance level at $0.5466, Stellar’s Lumen slid to a late afternoon intraday low $0.4680.

While steering clear of the first major support level at $0.4368, Stellar’s Lumen fell through the 23.6% FIB of $0.4713.

Finding late support, however, Stellar’s Lumen broke back through the 23.6% FIB to end the day at $0.478 levels.

At the time of writing, Stellar’s Lumen was down by 1.40% to $0.4786. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.4899 before falling to a low $0.4780.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLMUSD 170221 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move back through pivot level at $0.4882 to bring the first major resistance level at $0.5084 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen break back through to $0.50 levels.

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $0.5177 would likely cap any upside.

In the event of an extended rally, Stellar’s Lumen could test resistance at $0.55. The second major resistance level sits at $0.5379.

Failure to move back through the $0.4882 pivot would bring the 23.6% FIB of $0.4713 and the first major support level at $0.4587 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.45 levels. The second major support level sits at $0.4385.

Looking at the Technical Indicators

First Major Support Level: $0.4587

First Major Resistance Level: $0.5084

23.6% FIB Retracement Level: $0.3426

38% FIB Retracement Level: $0.2823

62% FIB Retracement Level: $0.1850

Tron’s TRX

Tron’s TRX rose by 2.54% on Tuesday. Partially reversing a 7.50% slide from Monday, Tron’s TRX ended the day at $0.05212.

A mixed start to the day saw Tron’s TRX fall to an early morning intraday low $0.04892 before making a move.

Steering clear of the first major support level at $0.04561, Tron’s TRX struck a mid-morning intraday high $0.05542.

Falling short of the first major resistance level at $0.05633, Tron’s TRX slid back to sub-$0.050 levels and into the red.

Finding late support, however, Tron’s TRX moved back through to $0.052 levels to deliver the upside on the day.

At the time of writing, Tron’s TRX was down by 0.68% to $0.05176. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.05245 before falling to a low $0.05068.

Tron’s TRX left the major support and resistance levels untested early on.

TRXUSD 170221 Hourly Chart

For the Day Ahead

Tron’s TRX need to move back through pivot level at $0.05215 to bring the first major resistance level at $0.05539 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.055 levels.

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $0.05542 would likely cap any upside.

In the event of an extended rally Tron’s TRX could test resistance at $0.060 before any pullback. The second major resistance level sits at $0.05865.

Failure to move back through the $0.05215 pivot would bring the first major support level at $0.04889 into play.

Barring an extended sell-off on the day, Tron’s TRX should steer clear of the second major support level at $0.04565.

Looking at the Technical Indicators

First Major Support Level: $0.04889

First Major Resistance Level: $0.05539

23.6% FIB Retracement Level: $0.03211

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – February 16th, 2021

EOS

EOS fell by 7.07% on Monday. Following on from an 8.83% slide on Sunday, EOS ended the day at $4.7128.

A mixed start to the day saw EOS rise to an early morning intraday high $5.2625 before hitting reverse.

Falling short of the first major resistance level at $5.5354, EOS slid to an early morning intraday low $4.1467.

EOS fell through the first major support level at $4.7369 and the second major support level at $4.3984

Steering clear of sub-$4.00 levels, EOS briefly revisited $5.08 levels before falling back into the deep red.

The late pullback saw EOS fall back through the first major support level at $4.7369.

At the time of writing, EOS was down by 1.03% to $4.6641. A mixed start to the day saw EOS rise to an early morning high $4.7295 before falling to a low $4.5108.

EOS left the major support and resistance levels untested early on.

EOSUSD 160221 Hourly Chart

For the day ahead

EOS would need to move back through the $4.7073 pivot level to support a run at the first major resistance level at $5.2680.

Support from the broader market would be needed, however, for EOS to break out from Monday’s high $5.2625.

Barring an extended crypto rally, the first major resistance level would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $5.50 before any pullback. The second major resistance level sits at $5.8231.

Failure to move back through the pivot level at $4.7073 would bring the first major support level at $4.1522 into play.

Barring an extended sell-off, however, EOS should continue to steer clear of sub-$4.00 levels. The second major support level sits at $3.5915.

Looking at the Technical Indicators

First Major Support Level: $4.1522

First Major resistance Level: $5.2680

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 fell by 4.20% on Monday. Following on from an 8.66% slide on Sunday, Stellar’s Lumen ended the day at $0.4950.

A bearish start to the day saw Stellar’s Lumen slide to an early morning intraday low $0.4302 before making a move.

Stellar’s Lumen fell through the first major support level at $0.4829 and the second major support level at $0.4492.

Steering clear of sub-$0.40 levels, Stellar’s Lumen rallied to a late intraday high $0.5400 before hitting reverse.

Falling short of the first major resistance level at $0.5643, Stellar’s Lumen fell back through the first major support level.

Finding late support, however, a move back through the first major support level to $0.49 levels reduced the deficit on the day.

At the time of writing, Stellar’s Lumen was up by 0.13% to $0.4965. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.4805 before rising to a high $0.5000.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLMUSD 160221 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall back through pivot level at $0.4884 to bring the first major resistance level at $0.5466 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen break out from Monday’s high $0.5400.

Barring an extended crypto rally, the first major resistance level and Monday’s high $0.5400 would likely cap any upside.

In the event of an extended rally, Stellar’s Lumen could test resistance at $0.60. The second major resistance level sits at $0.5982.

Failure to avoid a fall back through the $0.4884 pivot would bring the first major support level at $0.4368 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.40 levels. The second major support level sits at $0.3786.

Looking at the Technical Indicators

First Major Support Level: $0.4368

First Major Resistance Level: $0.5466

23.6% FIB Retracement Level: $0.3426

38% FIB Retracement Level: $0.2823

62% FIB Retracement Level: $0.1850

Tron’s TRX

Tron’s TRX fell by 7.50% on Monday. Following on from an 8.28% slide on Sunday, Tron’s TRX ended the day at $0.05082.

A mixed start to the day saw Tron’s TRX rise to an early morning intraday high $0.05664 before hitting reverse.

Falling short of the first major resistance level at $0.06032, Tron’s TRX slid to an early morning intraday low $0.04592.

The reversal saw Tron’s TRX fall through the first major support level at $0.05132 and the second major support level at $0.04716.

Finding support through the day, Tron’s TRX revisited $0.055 levels before sliding back into the deep red.

The late pullback saw Tron’s TRX fall back through the first major support level at $0.05132.

At the time of writing, Tron’s TRX was up by 0.30% to $0.05097. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.04892 before rising to a high $0.05160.

Tron’s TRX left the major support and resistance levels untested early on.

TRXUSD 160221 Hourly Chart

For the Day Ahead

Tron’s TRX need to move back through pivot level at $0.05113 to bring the first major resistance level at $0.05633 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from $0.055 levels.

Barring an extended crypto rally, the first major resistance level and Monday’s high $0.05664 would likely cap any upside.

In the event of an extended rally Tron’s TRX could test resistance at $0.060 before any pullback. The second major resistance level sits at $0.06185.

Failure to move back through the $0.05113 pivot would bring the first major support level at $0.04561 into play.

Barring an extended sell-off on the day, Tron’s TRX should steer clear of the second major support level at $0.04041.

Looking at the Technical Indicators

First Major Support Level: $0.04561

First Major Resistance Level: $0.05633

23.6% FIB Retracement Level: $0.03211

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – February 15th, 2021

EOS

EOS slid by 8.83% on Sunday. Partially reversing a 16.63% breakout from Saturday, EOS ended the week up by 47.38% to $5.0755.

A mixed start to the day saw EOS rise to an early morning intraday high $5.6568 before hitting reverse.

Falling short of the first major resistance level at $5.9223, EOS slid to a mid-afternoon intraday low $4.8583.

Steering clear of the first major support level at $4.8379, EOS briefly revisited $5.30 levels before falling back into the deep red.

At the time of writing, EOS was down by 4.88% to $4.8277. A mixed start to the day saw EOS rise to an early morning high $5.2728 before falling to a low $4.6499.

EOS fell through the first major support level at $4.7369 early on before finding support.

EOSUSD 150221 Hourly Chart

For the day ahead

EOS would need to move back through the $5.1969 pivot level to support a run at the first major resistance level at $5.5354.

Support from the broader market would be needed, however, for EOS to break back through to $5.50 levels.

Barring an extended crypto rally, the first major resistance level would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $6.00 before any pullback. The second major resistance level sits at $5.9954.

Failure to move back through the pivot level at $5.1969 would bring the first major support level at $4.7369 into play.

Barring an extended sell-off, however, EOS should continue to steer clear of sub-$4.50 levels. The second major support level sits at $4.3984.

Looking at the Technical Indicators

First Major Support Level: $4.7369

First Major resistance Level: $5.5354

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 8.66% on Sunday. Reversing a 6.60% gain from Saturday, Stellar’s Lumen ended the week up by 33.77% to $0.5165.

A mixed start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.5784 before hitting reverse.

Falling short of the first major resistance level at $0.6131, Stellar’s Lumen slid to an early afternoon intraday low $0.4970.

Stellar’s Lumen fell through the first major support level at $0.51293 before briefly revisiting $0.53 levels.

In spite of a bearish end to the day, however, Stellar’s Lumen avoided a fall back through the first major support level.

At the time of writing, Stellar’s Lumen was down by 4.68% to $0.4923. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.5279 before sliding to a low $0.4830.

Stellar’s Lumen came within range of the first major support level at $0.4829 early on.

XLMUSD 150221 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through pivot level at $0.5306 to bring the first major resistance level at $0.5643 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen break out from $0.55 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $0.5784 would likely cap any upside.

In the event of an extended rally, Stellar’s Lumen could test resistance at $0.60. The second major resistance level sits at $0.6120.

Failure to move through the $0.5306 pivot would bring the first major support level at $0.4829 back into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.4492.

Looking at the Technical Indicators

First Major Support Level: $0.4829

First Major Resistance Level: $0.5643

23.6% FIB Retracement Level: $0.3426

38% FIB Retracement Level: $0.2823

62% FIB Retracement Level: $0.1850

Tron’s TRX

Tron’s TRX slid by 8.28% on Sunday. Reversing an 8.94% rally from Saturday, Tron’s TRX ended the week up by 53.47% to $0.05548.

A mixed start to the day saw Tron’s TRX rise to an early morning intraday high $0.06100 before hitting reverse.

Falling short of the first major resistance level at $0.06428, Tron’s TRX slid to a mid-afternoon intraday low $0.05200.

The reversal saw Tron’s TRX fall through the first major support level at $0.05395 before briefly revisiting $0.057 levels.

A bearish end to the day, however, saw Tron’s TRX fall back to $0.055 levels to end the day in the deep red.

At the time of writing, Tron’s TRX was down by 8.10% to $0.05098. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.05690 before falling to a low $0.04955.

Tron’s TRX fell through the first major support level at $0.050132 early on.

TRXUSD 150221 Hourly Chart

For the Day Ahead

Tron’s TRX need to move back through the first major support level and the $0.5616 pivot to bring the first major resistance level at $0.06032 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.060 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $0.06100 would likely cap any upside.

In the event of an extended rally Tron’s TRX could test resistance at $0.065 before any pullback. The second major resistance level sits at $0.06516.

Failure to move back through the first major support level at $0.5132 would bring sub-$0.050 levels back into play.

Barring an extended sell-off on the day, Tron’s TRX should steer clear of the second major support level sits at $0.04716.

Looking at the Technical Indicators

First Major Support Level: $0.05132

First Major Resistance Level: $0.06032

23.6% FIB Retracement Level: $0.03211

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – February 11th, 2021

EOS

EOS fell by 0.94% on Wednesday. Following a 16.02% surge on Tuesday, EOS ended the day at $4.1311.

A bullish start to the day saw EOS rally to an early morning intraday high $4.5523 before hitting reverse.

EOS broke through the first major resistance level at $4.5180 before sliding to a mid-day intraday low $3.6423.

The sell-off saw EOS fall through the first major support level at $3.6524.

Finding late support, EOS revisited $4.21 levels before falling back to end the day in the red.

At the time of writing, EOS was down by 1.56% to $4.0665. A mixed start to the day saw EOS rise to an early morning high $4.1902 before falling to a low $4.0077.

EOS left the major support and resistance levels untested early on.

EOSUSD 110221 Hourly Chart

For the day ahead

EOS would need to move back through the $4.1086 pivot level to support a run at the first major resistance level at $4.5748.

Support from the broader market would be needed, however, for EOS to break out from Wednesday’s high $4.5523.

Barring an extended crypto rally, the first major resistance level would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $5.00 before any pullback. The second major resistance level sits at $5.0186.

Failure to move back through the pivot level at $4.1086 would bring the first major support level at $3.6648 into play.

Barring an extended sell-off, however, EOS should continue to steer clear of sub-$3.50 levels. The second major support level sits at $3.1986.

Looking at the Technical Indicators

First Major Support Level: $3.6648

First Major resistance Level: $4.5748

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 rallied by 3.67% on Wednesday. Following on from a 0.83% gain on Tuesday, Stellar’s Lumen ended the day at $0.4153.

A mixed start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.3820 before making a move.

Stellar’s Lumen fell through the first major support level at $0.3873 before rallying to a late intraday high $0.4474.

The day long rally saw Stellar’s Lumen break through the day’s major resistance levels before falling back to sub-$0.42 levels.

Stellar’s Lumen fell back through the third major resistance level at $0.4426 and the second major resistance level at $0.4197.

At the time of writing, Stellar’s Lumen was up by 1.93% to $0.4233. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.4114 before striking a high $0.4361.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLMUSD 110221 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall back through pivot level at $0.4149 to bring the first major resistance level at $0.4478 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen break back through to $0.44 levels.

Barring an extended crypto rally, the first major resistance level and Wednesday’s high $0.4474 would likely cap any upside.

In the event of an extended rally, Stellar’s Lumen could test the second major resistance level at $0.4803.

Failure to avoid a fall back through the $0.4190 pivot would bring the first major support level at $0.3824 pivot into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.38 levels. The second major support level sits at $0.3495.

Looking at the Technical Indicators

First Major Support Level: $0.3824

First Major Resistance Level: $0.4478

23.6% FIB Retracement Level: $0.3426

38% FIB Retracement Level: $0.2823

62% FIB Retracement Level: $0.1850

Tron’s TRX

Tron’s TRX slipped by 0.62% on Wednesday. Following a 12.65% surge on Tuesday, Tron’s TRX ended the day at $0.04620.

A mixed start to the day saw Tron’s TRX rise to a late morning intraday high $0.05029 before hitting reverse.

Falling short of the first major resistance level at $0.05156, Tron’s TRX slid to a mid-afternoon intraday low $0.04112.

While steering clear of the first major support level at $0.04016, Tron’s TRX fell through the 38.2% FIB of $0.0428.

Finding late support, however, Tron’s TRX revisited $0.047 levels before falling back into the red.

At the time of writing, Tron’s TRX was down by 2.08% to $0.04524. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.04689 before falling to a low $0.04492.

Tron’s TRX left the major support and resistance levels untested early on.

TRXUSD 110221 Hourly Chart

For the Day Ahead

Tron’s TRX need to move back through the $0.4587 pivot to bring the first major resistance level at $0.05062 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.050 levels.

Barring an extended crypto rally, the first major resistance level and Wednesday’s high $0.05029 would likely cap any upside.

In the event of an extended rally Tron’s TRX could test resistance at $0.055 before any pullback. The second major resistance level sits at $0.05504.

Failure to move back through the $0.04587 pivot would bring the 38.2% FIB of $0.04280 and the first major support level at $0.04145 into play.

Barring an extended sell-off on the day, Tron’s TRX should steer clear of sub-$0.040 levels. The second major support level sits at $0.03670.

Looking at the Technical Indicators

First Major Support Level: $0.04145

First Major Resistance Level: $0.05062

23.6% FIB Retracement Level: $0.03211

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – February 10th, 2021

EOS

EOS surged by 16.02% on Tuesday. Following on from a 4.45% gain on Monday, EOS ended the day at $4.1762.

A mixed start to the day saw EOS fall to an early morning intraday low $3.4705 before making a move.

Steering clear of the first major support level at $3.2897, EOS rallied to a late intraday high $4.3361.

EOS broke through the first major resistance level at $3.8302 and the second major resistance level at $4.0632.

In spite of a late pullback to sub-$4.10 levels, EOS avoided a fall back through the second major resistance level.

At the time of writing, EOS was down by 0.48% to $4.1561. A mixed start to the day saw EOS fall to an early morning low $4.1027 before rising to a high $4.2481.

EOS left the major support and resistance levels untested early on.

EOSUSD 100221 Hourly Chart

For the day ahead

EOS would need to avoid a fall through the $3.9943 pivot level to support a run at the first major resistance level at $4.5180.

Support from the broader market would be needed, however, for EOS to break out from Tuesday’s high $4.3361.

Barring an extended crypto rally, the first major resistance level would likely cap any upside.

In the event of an extended rally, EOS could test the second major resistance level at $4.8599.

Failure to avoid a fall through the pivot level at $3.9943 would bring the first major support level at $3.6524 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$3.50 levels. The second major support level sits at $3.1287.

Looking at the Technical Indicators

First Major Support Level: $3.6524

First Major resistance Level: $4.5180

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 rose by 0.83% on Tuesday. Following on from a 2.85% gain on Monday, Stellar’s Lumen ended the day at $0.4006.

A mixed start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.4064 before hitting reverse.

Falling short of the first major resistance level at $0.4095, Stellar’s Lumen fell to a late morning intraday low $0.3835.

Steering clear of the first major support level at $0.3792, Stellar’s Lumen revisited $0.4040 before easing back.

At the time of writing, Stellar’s Lumen was up by 2.97% to $0.4125. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.3986 before striking a high $0.4224.

Stellar’s Lumen broke through the first major resistance level at $0.4102 and the second major resistance level at $0.4197 early on.

XLMUSD 100221 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall back through the first major resistance level at $0.4102 to bring the second major resistance level at $0.4197 back into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to hold onto $0.41 levels.

Barring an extended crypto rally, the second major resistance level and morning high $0.4224 would likely cap any upside.

In the event of an extended rally, Stellar’s Lumen could test resistance at $0.45 before any pullback. The third major resistance level sits at $0.4426.

Failure to move avoid a fall back through the first major resistance level at $0.4102 would bring the $0.3968 pivot into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.39 levels and the first major support level at $0.3873.

Looking at the Technical Indicators

First Major Support Level: $0.3873

First Major Resistance Level: $0.4102

23.6% FIB Retracement Level: $0.3426

38% FIB Retracement Level: $0.2823

62% FIB Retracement Level: $0.1850

Tron’s TRX

Tron’s TRX surged by 12.65% on Tuesday. Following on from an 11.70% jump on Monday, Tron’s TRX ended the day at $0.04604.

A mixed start to the day saw Tron’s TRX fall to an early morning intraday low $0.03979 before making a move.

Steering clear of the first major support level at $0.03562, Tron’s TRX rallied to a late afternoon intraday high $0.05119.

Tron’s TRX broke through the first major resistance level at $0.04383 and the second major resistance level at $0.04727.

More significantly, Tron’s TRX also broke through the 38.2% FIB of $0.04280 to visit $0.050 levels before easing back.

A late pullback saw Tron’s TRX fall through the second major resistance level to end the day at $0.046 levels.

At the time of writing, Tron’s TRX was up by 1.03% to $0.04651. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.04477 before rising to a high $0.04691.

Tron’s TRX left the major support and resistance levels untested early on.

TRXUSD 100221 Hourly Chart

For the Day Ahead

Tron’s TRX need to move back through the $0.04567 pivot to bring the first major resistance level at $0.05156 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.051 levels.

Barring an extended crypto rally, the first major resistance level would likely cap any upside.

In the event of an extended rally Tron’s TRX could test resistance at $0.055 before any pullback. The second major resistance level sits at $0.05707.

Failure to move back through the $0.04567 pivot would bring the 38.2% FIB of $0.04280 and the first major support level at $0.04016 into play.

Barring an extended sell-off on the day, Tron’s TRX should steer clear of sub-$0.040 levels. The second major support level sits at $0.03427.

Looking at the Technical Indicators

First Major Support Level: $0.04016

First Major Resistance Level: $0.05156

23.6% FIB Retracement Level: $0.03211

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – February 9th, 2021

EOS

EOS rose by 4.45% on Monday. Following on from a 7.04% rally on Sunday, EOS ended the day at $3.5973.

A bullish start to the day saw EOS rally to a mid-day intraday high $3.7556 before hitting reverse.

EOS broke through the first major resistance level at $3.6863 before sliding to an early afternoon intraday low $3.2151.

Steering clear of the first major support level at $3.1143, EOS revisited $3.68 levels before easing back.

The rebound saw EOS come up against the first major resistance level before ending the day at sub-$3.60 levels.

At the time of writing, EOS was down by 0.19% to $3.5904. A mixed start to the day saw EOS rise to an early morning high $3.5915 before falling to a low $3.5556.

EOS left the major support and resistance levels untested early on.

EOSUSD 090221 Hourly Chart

For the day ahead

EOS would need to avoid a fall through the $3.5227 pivot level to support a run at the first major resistance level at $3.8302.

Support from the broader market would be needed, however, for EOS to break out from Monday’s high $3.7556.

Barring an extended crypto rally, the first major resistance level and resistance at $3.85 would likely cap any upside.

In the event of an extended rally, EOS could test the second major resistance level at $4.00. The second major resistance level sits at $4.0632.

Failure to avoid a fall through the pivot level at $3.5227 would bring the first major support level at $3.2897 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$3.00 levels. The second major support level sits at $2.9822.

Looking at the Technical Indicators

First Major Support Level: $3.2897

First Major resistance Level: $3.8302

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 rose by 2.85% on Monday. Following on from a 1.92% gain on Sunday, Stellar’s Lumen ended the day at $0.3971.

A mixed start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.3737 before making a move.

Steering clear of the first major support level at $0.3585, Stellar’s Lumen rallied to an early afternoon intraday high $0.4040.

Falling short of the first major resistance level at $0.4184, Stellar’s Lumen fell back to end the day at sub-$0.40 levels.

At the time of writing, Stellar’s Lumen was down by 0.52% to $0.3950. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.39999 before falling to a low $0.3945.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLMUSD 090221 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.3916 pivot to bring the first major resistance level at $0.4095 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Monday’s high $0.4040.

Barring an extended crypto rally, the first major resistance level would likely cap any upside.

In the event of an extended rally, Stellar’s Lumen could test resistance at $0.45 before any pullback. The second major resistance level sits at $0.4219.

Failure to move avoid a fall through the $0.3916 pivot would bring the first major support level at $0.3792 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.3613.

Looking at the Technical Indicators

First Major Support Level: $0.3792

First Major Resistance Level: $0.4095

23.6% FIB Retracement Level: $0.3426

38% FIB Retracement Level: $0.2823

62% FIB Retracement Level: $0.1850

Tron’s TRX

Tron’s TRX jumped by 11.70% on Monday. Following on from a 1.13% gain on Sunday, Tron’s TRX ended the day at $0.04038.

A mixed start to the day saw Tron’s TRX rise to a mid-day high $0.04081 before hitting reverse.

Tron’s TRX broke through the first major resistance level at $0.03790 and the second major resistance level at $0.04004.

The reversal saw Tron’s TRX slide to an early afternoon intraday low $0.03430 before finding support.

Steering clear of the first major support level at $0.03370, Tron’s TRX surged to a final hour intraday high $0.04251.

Tron’s TRX broke back through the first major resistance level and second major resistance level.

A late pullback saw Tron’s TRX test support at the second major resistance level at $0.04004 before ending the day at $0.0403 levels.

At the time of writing, Tron’s TRX was up by 1.71% to $0.04107. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.03979 before rising to a high $0.04233.

Tron’s TRX left the major support and resistance levels untested early on.

TRXUSD 090221 Hourly Chart

For the Day Ahead

Tron’s TRX need to avoid a fall through the $0.03906 pivot to bring the first major resistance level at $0.04383 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the 38.2% FIB of $0.04280.

Barring an extended crypto rally, the first major resistance level and resistance at $0.045 would likely cap any upside.

In the event of an extended rally Tron’s TRX could test the second major resistance level at $0.04727.

Failure to avoid a fall through the $0.03906 pivot would bring the first major support level at $0.03562 into play.

Barring an extended sell-off on the day, Tron’s TRX should steer clear of sub-$0.035 levels. The second major support level sits at $0.03085.

Looking at the Technical Indicators

First Major Support Level: $0.03562

First Major Resistance Level: $0.04383

23.6% FIB Retracement Level: $0.03211

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – February 8th, 2021

EOS

EOS rallied by 7.04% on Sunday. Reversing a 2.94% loss from Saturday, EOS ended the week up by 17.49% to $3.4429.

A mixed start to the day saw EOS fall to an early morning intraday low $3.0290 before making a move.

EOS fell through the first major support level at $3.1009 before striking to an early afternoon intraday high $3.6010.

The rally saw EOS broke through the first major resistance level at $3.3424 and the second major resistance level at $3.4675.

Hitting reverse mid-afternoon, however, EOS fell back through the resistance levels to sub-$3.30 levels.

Finding late support, however, EOS broke back through the first major resistance level to end the day at $3.44 levels.

At the time of writing, EOS was down by 0.95% to $3.4100. A mixed start to the day saw EOS rise to an early morning high $3.4902 before falling to a low $3.3878.

EOS left the major support and resistance levels untested early on.

EOSUSD 080221 Daily Chart

For the day ahead

EOS would need to avoid a fall through the $3.3576 pivot level to support a run at the first major resistance level at $3.6863.

Support from the broader market would be needed, however, for EOS to break back through to $3.60 levels.

Barring an extended crypto rally, the first major resistance level and resistance at $3.70 would likely cap any upside.

In the event of an extended rally, EOS could test the second major resistance level at $4.00. The second major resistance level sits at $3.9296.

Failure to avoid a fall through the pivot level at $3.3576 would bring the first major support level at $3.1143 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$3.00 levels. The second major support level sits at $2.7856.

Looking at the Technical Indicators

First Major Support Level: $3.1143

First Major resistance Level: 3.6863

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 rose 1.92% on Sunday. Following on from 7.29% rally on Saturday, Stellar’s Lumen ended the week up by 25.5% to $0.3859.

A mixed start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.3635 before making a move.

Steering clear of the first major support level at $0.3442, Stellar’s Lumen rallied to an early afternoon intraday high $0.4234.

Stellar’s Lumen broke through the first major resistance level at $0.4053 before sliding back to $0.36 levels.

Finding late afternoon support, however, Stellar’s Lumen recovered to $0.38 levels to deliver the upside on the day.

At the time of writing, Stellar’s Lumen was up by 0.13% to $0.3864. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.3812 before striking a high $0.3980.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLMUSD 080221 Daily Chart

For the day ahead

Stellar’s Lumen would need to move back through the $0.3909 pivot to bring the first major resistance level at $0.4184 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.41 levels.

Barring an extended crypto rally, the first major resistance level and resistance at $0.42 would likely cap any upside.

In the event of an extended rally, Stellar’s Lumen could test the second major resistance level at $0.4508.

Failure to move back through the $0.3909 pivot would bring the first major support level at $0.3585 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.35 levels. The second major support level sits at $0.3310.

Looking at the Technical Indicators

First Major Support Level: $0.3585

First Major Resistance Level: $0.4184

23.6% FIB Retracement Level: $0.3426

38% FIB Retracement Level: $0.2823

62% FIB Retracement Level: $0.1850

Tron’s TRX

Tron’s TRX rose by 1.13% on Sunday. Partially reversing a 2.86% loss from Saturday, Tron’s TRX ended the week up by 13.64% to $0.03575.

A mixed start to the day saw Tron’s TRX fall to an early morning intraday low $0.03799 before making a move.

Steering clear of the first major support level at $0.0332, Tron’s TRX rose to an early afternoon intraday high $0.03799.

Tron’s TRX broke through the first major resistance level at $0.03502 before a slide back to $0.034 levels.

Finding late support, however, Tron’s TRX broke back through the first major resistance level to end the day at $0.0357 levels.

At the time of writing, Tron’s TRX was down by 0.82% to $0.03604. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.03681 before falling to a low $0.03562.

Tron’s TRX left the major support and resistance levels untested early on.

TRXUSD 080221 Daily Chart

For the Day Ahead

Tron’s TRX need to avoid a fall back through the $0.03584 pivot to bring the first major resistance level at $0.03790 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.037 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $0.03799 would likely cap any upside.

In the event of an extended rally Tron’s TRX could resistance at $0.040 before any pullback. The second major resistance level sits at $0.04004.

Failure to avoid a fall back through the $0.03584 pivot would bring the first major support level at $0.03370 into play.

Barring an extended sell-off on the day, Tron’s TRX should steer clear of sub-$0.033 levels. The second major support level sits at $0.03164.

Looking at the Technical Indicators

First Major Support Level: $0.03370

First Major Resistance Level: $0.03790

23.6% FIB Retracement Level: $0.03211

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – February 4th, 2021

EOS

EOS rose by 2.29% on Wednesday. Reversing a 1.64% decline from Tuesday, EOS ended the day at $3.0719.

A mixed start to the day saw EOS fall to a late morning intraday low $2.9744 before making a move.

Steering clear of the first major support level at $2.9340, EOS rose to a late afternoon intraday high $3.1651.

EOS broke through the first major resistance level at $3.0840 before falling back to end the day at sub-$3.08 levels.

The second major resistance level at $3.1664 pinned EOS back on the day.

At the time of writing, EOS was up by 0.06% to $3.0738. A mixed start to the day saw EOS rise to an early morning high $3.1423 before falling to a low $3.0230.

EOS left the major support and resistance levels untested early on.

EOSUSD 040221 Daily Chart

For the day ahead

EOS would need to avoid a fall back through the $3.0705 pivot level to support a run at the first major resistance level at $3.1665.

Support from the broader market would be needed, however, for EOS to break back through to $3.16 levels.

Barring an extended crypto rally, the first major resistance level and Wednesday’s high $3.1651 would likely cap any upside.

In the event of an extended rally, EOS could test the second major resistance level at $3.25. The second major resistance level sits at $3.2612.

Failure to avoid a fall back through the pivot level at $3.0705 would bring the first major support level at $2.9758 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$2.90 levels. The second major support level sits at $2.8798.

Looking at the Technical Indicators

First Major Support Level: $2.9758

First Major resistance Level: $3.1665

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 rose by 2.06% on Wednesday. Following on from a 5.13% rally on Tuesday, Stellar’s Lumen ended the day at $0.3469.

A mixed start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.3491 before hitting reverse.

While falling short of the first major resistance level at $0.3541, Stellar’s Lumen broke through the 23.6% FIB of $0.3426.

The reversal saw Stellar’s Lumen fall back through the 23.6% FIB to a mid-day intraday low $0.3300 before finding support.

Steering clear of the first major support level at $0.3214, Stellar’s Lumen broke back through the 23.6% FIB to end the day at $0.346 levels.

At the time of writing, Stellar’s Lumen was down by 1.66% to $0.3412. A mixed start to the day saw Stellar’s Lumen rise to an early morning low high $0.3500 before falling to a low $0.3400.

While Stellar’s Lumen left the major support and resistance levels untested early on, Stellar’s Lumen fell back through the 23.6% FIB.

XLMUSD 040221 Daily Chart

For the day ahead

Stellar’s Lumen would need to move back through the $0.3420 pivot and the 23.6% FIB of $0.3426 to bring the first major resistance level at $0.3540 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the morning high $0.3500.

Barring an extended crypto rally, the first major resistance level would likely cap any upside.

In the event of an extended rally, Stellar’s Lumen could test the second major resistance level at $0.3611.

Failure to move back through the $0.3420 pivot and the 23.6% FIB would bring the first major support level at $0.3349 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.33 levels. The second major support level sits at $0.3229.

Looking at the Technical Indicators

First Major Support Level: $0.3349

First Major Resistance Level: $0.3540

23.6% FIB Retracement Level: $0.3426

38% FIB Retracement Level: $0.2823

62% FIB Retracement Level: $0.1850

Tron’s TRX

Tron’s TRX rose by 2.79% on Wednesday. Following on from a 0.69% gain on Tuesday, Tron’s TRX ended the day at $0.03430.

A mixed start to the day saw Tron’s TRX fall to an early morning intraday low $0.03274 before making a move.

Steering clear of the first major support level at $0.03237, Tron’s TRX rose to a late intraday high $0.03561.

Tron’s TRX broke through the first major resistance level at $0.3422 and the second major resistance level at $0.3505.

A bearish end to the day, however, saw Tron’s TRX fall back through the second major resistance level to end the day at $0.0343 levels.

At the time of writing, Tron’s TRX was up by 0.67% to $0.03453. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.03485 before falling to a low $0.03411.

Tron’s TRX left the major support and resistance levels untested early on.

TRXUSD 040221 Daily Chart

For the Day Ahead

Tron’s TRX need to avoid a fall back through the $0.03422 pivot to bring the first major resistance level at $0.03569 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.035 levels.

Barring an extended crypto rally, the first major resistance level and Wednesday’s high $0.03561 would likely cap any upside.

In the event of an extended rally Tron’s TRX could resistance at $0.036 before any pullback. The second major resistance level sits at $0.03709.

Failure to avoid a fall back through the $0.03422 pivot would bring the first major support level at $0.03282 into play.

Barring an extended sell-off on the day, Tron’s TRX should steer clear of sub-$0.032 levels. The second major support level sits at $0.03135.

Looking at the Technical Indicators

First Major Support Level: $0.03282

First Major Resistance Level: $0.03569

23.6% FIB Retracement Level: $0.03211

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – February 3rd, 2021

EOS

EOS fell by 1.64% on Tuesday. Partially reversing a 4.36% rally from Monday, EOS ended the day at $3.0016.

A mixed start to the day saw EOS rise to an early morning intraday high $3.0988 before hitting reverse.

Falling short of the first major resistance level at $3.2993, EOS fell to a late afternoon intraday low $2.9488.

Steering clear of the first major support level at $2.8470, EOS broke back through to $3.00 levels to reduce the deficit.

At the time of writing, EOS was up by 0.89% to $3.0283. A mixed start to the day saw EOS fall to an early morning low $2.9474 before rising to a high $3.0877.

EOS tested the first major resistance level at $3.0840 early on.

EOSUSD 030221 Daily Chart

For the day ahead

EOS would need to avoid a fall back through the $3.0164 pivot level to support another run at the first major resistance level at $3.0840.

Support from the broader market would be needed, however, for EOS to break back through to $3.08 levels.

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $3.0988 would likely cap any upside.

In the event of an extended rally, EOS could test the second major resistance level at $3.20. The second major resistance level sits at $3.1664.

Failure to avoid a fall back through the pivot level at $3.0164 would bring the first major support level at $2.9340 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$2.90 levels. The second major support level sits at $2.8664.

Looking at the Technical Indicators

First Major Support Level: $2.9340

First Major resistance Level: $3.0840

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 rose by 5.13% on Tuesday. Following on from a 5.20% gain on Monday, Stellar’s Lumen ended the day at $0.3399.

A mixed start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.3170 before making a move.

Steering clear of the first major support level at $0.2891, Stellar’s Lumen rallied to an early afternoon intraday high $0.3497.

While falling short of the first major resistance level at $0.3614, Stellar’s Lumen broke through the 23.6% FIB of $0.3426.

A bearish end to the day, however, saw Stellar’s Lumen fall back through the 23.6% FIB to end the day at sub-$0.34 levels.

At the time of writing, Stellar’s Lumen was up by 0.03% to $0.3400. A mixed start to the day saw Stellar’s Lumen rise to an early morning low high $0.3439 before falling to a low $0.3365.

While Stellar’s Lumen left the major support and resistance levels untested early on, Stellar’s Lumen tested resistance at the 23.6% FIB.

XLMUSD 030221 Daily Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.3355 pivot to bring the 23.6% FIB of $0.3426 and the first major resistance level at $0.3541 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Tuesday’s high $0.3497.

Barring an extended crypto rally, the first major resistance level and resistance at $0.36 would likely cap any upside.

In the event of an extended rally, Stellar’s Lumen could test the second major resistance level at $0.3682.

Failure to avoid a fall through the $0.3355 pivot would bring the first major support level at $0.3214 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.30 levels. The second major support level at $0.3028 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.3214

First Major Resistance Level: $0.3541

23.6% FIB Retracement Level: $0.3426

38% FIB Retracement Level: $0.2823

62% FIB Retracement Level: $0.1850

Tron’s TRX

Tron’s TRX rose by 0.69% on Tuesday. Following on from Monday’s 5.53% rally, Tron’s TRX ended the day at $0.03339.

A mixed start to the day saw Tron’s TRX fall to an early morning intraday low $0.03218 before making a move.

Steering clear of the first major support level at $0.03076, Tron’s TRX rose to a late morning intraday high $0.03403.

Falling short of the first major resistance level at $0.3576, Tron’s TRX fell back to $0.0324 levels and into the red before finding support.

Finding late support, however, Tron’s TRX revisited $0.337 levels before easing back.

At the time of writing, Tron’s TRX was down by 0.48% to $0.03323. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.03255 before rising to a high $0.03419.

Tron’s TRX left the major support and resistance levels untested early on.

TRXUSD 030221 Daily Chart

For the Day Ahead

Tron’s TRX need to avoid a fall back through the $0.03320 pivot to bring the first major resistance level at $0.03422 back into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.034 levels.

Barring an extended crypto rally, the first major resistance level and resistance at $0.03450 would likely cap any upside.

In the event of an extended rally Tron’s TRX could resistance at $0.035 before any pullback. The second major resistance level sits at $0.03505.

Failure to avoid a fall back through the $0.03320 pivot would bring the first major support level at $0.03237 into play.

Barring an extended sell-off on the day, Tron’s TRX should steer clear of the second major support level at $0.03135.

Looking at the Technical Indicators

First Major Support Level: $0.03237

First Major Resistance Level: $0.03422

23.6% FIB Retracement Level: $0.03211

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – February 2nd, 2021

EOS

EOS rallied by 4.36% on Monday. Following a 0.01% gain on Sunday, EOS ended the day at $3.0582.

A mixed start to the day saw EOS fall to an early morning intraday low $2.8769 before making a move.

Steering well clear of the first major support level at $2.7930, EOS rallied to a late morning intraday high $3.3292 before hitting reverse.

EOS broke through the first major resistance level at $3.0791 and the second major resistance level at $3.2251.

The reversal saw EOS fall back to $2.89 levels before briefly breaking back through the first major resistance level to revisit $3.09 levels.

At the time of writing, EOS was down by 1.06% to $3.0258. A mixed start to the day saw EOS rise to an early morning high $3.0988 before falling to a low $2.9921.

EOS left the major support and resistance levels untested early on.

EOSUSD 020221 Daily Chart

For the day ahead

EOS would need to move back through the $3.0881 pivot level to support a run at the first major resistance level at $3.2993.

Support from the broader market would be needed, however, for EOS to break out from Monday’s high $3.3292.

Barring an extended crypto rally, the first major resistance level and Monday’s high would likely cap any upside.

In the event of an extended rally, EOS could test the second major resistance level at $3.5404.

Failure to move back through the pivot level at $3.0881 would bring the first major support level at $2.8470 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$2.80 levels. The second major support level sits at $2.6358.

Looking at the Technical Indicators

First Major Support Level: $2.8470

First Major resistance Level: $3.2993

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 rallied by 5.20% on Monday. Partially reversing a 6.57% slide from Sunday, Stellar’s Lumen ended the day at $0.3235.

A mixed start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.2974 before making a move.

Steering clear of the first major support level at $0.2879, Stellar’s Lumen rallied to a late morning intraday high $0.3650.

Stellar’s Lumen broke through the day’s major resistance levels and the 23.6% FIB of $0.3426 before hitting reverse.

The reversal saw Stellar’s Lumen fall back the major resistance levels to $0.3050 levels before finding support.

In spite of late move back through to $0.32 levels, Stellar’s Lumen came up short of the first major resistance level at $0.3329.

At the time of writing, Stellar’s Lumen was up by 1.27% to $0.3277. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.3222 before striking a high $0.3350.

Stellar’s Lumen left the major support and resistance levels untested early on.

XLMUSD 020221 Daily Chart

For the day ahead

Stellar’s Lumen would need to move back through the $0.3271 pivot to bring the 23.6% FIB of $0.3426 and the first major resistance level at $0.3614 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.36 levels.

Barring an extended crypto rally, the first major resistance level and Monday’s high $0.3650 would likely cap any upside.

In the event of an extended rally, Stellar’s Lumen could test resistance at $0.40 before any pullback. The second major resistance level sits at $0.3994.

Failure to move back through the $0.3271 pivot would bring the first major support level at $0.2891 and 38.2% FIB of 0.2823 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.28 levels. The second major support level sits at $0.2548.

Looking at the Technical Indicators

First Major Support Level: $0.2891

First Major Resistance Level: $0.3614

23.6% FIB Retracement Level: $0.3187

38% FIB Retracement Level: $0.2823

62% FIB Retracement Level: $0.1850

Tron’s TRX

Tron’s TRX rallied by 5.53% on Monday. Reversing a 1.32% fall from Sunday, Tron’s TRX ended the day at $0.03320.

A mixed start to the day saw Tron’s TRX fall to an early morning intraday low $0.03088 before making a move.

Steering clear of the first major support level at $0.02977, Tron’s TRX rose to a late morning intraday high $0.03588.

Tron’s TRX broke through the first major resistance level at $0.3408 before falling back to $0.0313 levels.

Finding late support, however, Tron’s TRX revisited $0.334 levels before easing back.

At the time of writing, Tron’s TRX was down by 0.12% to $0.03316. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.03276 before rising to a high $0.03390

Tron’s TRX left the major support and resistance levels untested early on.

TRXUSD 020221 Daily Chart

For the Day Ahead

Tron’s TRX need to move back through the $0.03332 pivot to bring the first major resistance level at $0.03576 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.035 levels.

Barring an extended crypto rally, the first major resistance level and Monday’s high $0.03588 would likely cap any upside.

In the event of an extended rally Tron’s TRX could resistance at $0.038 before any pullback. The second major resistance level sits at $0.03832.

Failure to move back through the $0.03332 pivot would bring the first major support level at $0.03076 into play.

Barring an extended sell-off on the day, Tron’s TRX should steer clear of the second major support level at $0.02832. The 23.6% FIB of $0.0291 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.03076

First Major Resistance Level: $0.03576

23.6% FIB Retracement Level: $0.03211

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648

Please let us know what you think in the comments below

Thanks, Bob