EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – December 3rd, 2020

EOS

EOS rose by 1.30% on Wednesday. Partially reversing an 8.18% slide from Tuesday, EOS ended the day at $3.0609.

A bearish start to the day saw EOS fall to an early morning intraday low $2.9411 before making a move.

Steering clear of the first major support level at $2.8016, EOS rose to a late morning intraday high $3.1052.

Falling short of the first major resistance level at $3.2710, EOS fell back to sub-$3.00 levels and into the red.

Finding late support from the broader market, however, EOS moved back through to $3.00 levels to end the day in the green.

At the time of writing, EOS was up by 0.23% to $3.0679. A mixed start to the day saw EOS fall to an early morning low $3.0560 before striking a high $3.1063.

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

EOSUSD 031220 Hourly Chart

For the day ahead

EOS would need to avoid a fall through the $3.0357 pivot level to support a run at the first major resistance level at $3.1304.

Support from the broader market would be needed, however, for EOS to break back through to $3.10 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 $3.2 before any pullback. The second major resistance level sits at $3.1998.

Failure to avoid a fall through the pivot level at $3.0357 would bring the first major support level at $2.9663 into play.

Barring an extended sell-off, however, EOS should steer of sub-$2.90 levels. The second major support level sits at $2.8716.

Looking at the Technical Indicators

First Major Support Level: $2.9663

First Major resistance Level: $3.1304

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 0.90% on Wednesday. Following Tuesday’s 9.45% slide, Stellar’s Lumen ended the day at $0.18545.

A bearish start to the day saw Stellar’s Lumen fall to a mid-morning intraday low $0.1772 before making a move.

Steering clear of the first major support level at $0.1697, Stellar’s Lumen rose to a late morning intraday high $0.1882.

Falling short of the 62% FIB of $0.1989 and the first major resistance level at $0.2012, Stellar’s Lumen slid back to sub-$0.18 levels.

Finding late support, however, Stellar’s Lumen briefly moved back through to $0.185 levels to reverse losses from the day.

At the time of writing, Stellar’s Lumen was down by 0.47% to $0.18459. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.18832 before falling to a low $0.18843.

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

XLMUSD 031220 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.18362 pivot level to support a run at the first major resistance level at $0.19003.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the morning high $0.18832.

Barring an extended crypto rally, the first major resistance level and resistance at $0.19 would likely cap any upside.

In the event of another breakout, Stellar’s Lumen could test resistance at $0.1950 before any pullback. The second major resistance level sits at $0.19462.

Failure to avoid a fall through the pivot level at $0.18362 would bring the first major support level at $0.17903 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.17 levels. The second major support level at $0.17262 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $0.17903

First Major Resistance Level: $0.19003

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX rose by 3.69% on Wednesday. Partially reversing a 7.04% slide from Tuesday, Tron’s TRX ended the day at $0.031134.

It was a mixed start to the day. Tron’s TRX fell to an early morning intraday low $0.02954 before making a move.

In spite of the pullback, Tron’s TRX steered clear of the 23.6% FIB of $0.0291 and the first major support level at $0.02782.

Finding support through the morning, Tron’s TRX rose to a late morning intraday high $0.03115 before hitting reverse.

Falling short of the first major resistance level at $0.03347, Tron’s TRX fell back to a low $0.03025 before finding late support. A late move back through to $0.031 levels delivered the upside on the day.

At the time of writing, Tron’s TRX was down by 0.19% to $0.031063. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.031469 before falling to a low $0.031063.

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

TRXUSD 031220 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through the $0.03068 pivot level to support a run at the first major resistance level at $0.03181.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Wednesday’s high $0.03115.

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

In the event of another breakout, resistance at $0.032 would likely come into play. The second major resistance level sits at $0.03229.

Failure to avoid a fall through the $0.03068 pivot level would bring the first major support level at $0.03020 and the 23.6% FIB of 0.0291 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of sub-$0.029 levels. The 23.6% FIB and the second major support level at $0.02907 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $0.03020

First Major Resistance Level: $0.03181

23.6% FIB Retracement Level: $0.0291

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 – December 2nd, 2020

EOS

EOS slid by 8.18% on Tuesday. Revising most of a 7.61% rally on Monday, EOS ended the day at $2.9940.

A mixed start to the day saw EOS rise to a late morning intraday high $3.3555 before hitting reverse.

Falling short of the first major resistance level at $3.3758, EOS slid to a mid-day intraday low $2.8861.

The sell-off saw EOS fall through the first major support level at $3.0721 before finding support.

Steering clear of the second major support level at $2.8819, EOS briefly revisited $3.18 levels before a 2nd sell-off.

EOS fell back through the first major support level to wrap up the day at sub-$3.0 levels.

At the time of writing, EOS was up by 1.77% to $3.0470. A mixed start to the day saw EOS fall to an early morning low $2.9411 before rising to a high $3.0509.

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

EOSUSD 021220 Hourly Chart

For the day ahead

EOS would need to move through the $3.0785 pivot level to support a run at the first major resistance level at $3.2710.

Support from the broader market would be needed, however, for EOS to break back through to $2.20 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 $3.4 before any pullback. The second major resistance level sits at $3.5479.

Failure to move through the pivot level at $3.0785 would bring the first major support level at $2.8016 into play.

Barring another extended sell-off, however, EOS should steer of the second major support level at $2.6091.

Looking at the Technical Indicators

First Major Support Level: $2.8016

First Major resistance Level: $3.2710

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 9.45% on Tuesday. Reversing a 4.46% rise from Monday, Stellar’s Lumen ended the day at $0.18380.

Tracking the broader market, Stellar’s Lumen rose to a late morning intraday high $0.20450 before hitting reverse.

Falling short of the first major resistance level at $0.21024, Stellar’s Lumen slid to a mid-day intraday low $0.17304.

The sell-off saw Stellar’s Lumen fall through the first major support level at $0.19249 and the second major support level at $0.18200. Stellar’s Lumen also fell through the 62% FIB of $0.1989.

Finding support in the early afternoon, Stellar’s Lumen briefly revisited $0.194 levels before falling back into the deep red.

Stellar’s Lumen boke back through the second major support level and first major support level before falling back to sub-$0.19 levels.

At the time of writing, Stellar’s Lumen was up by 1.43% to $0.18643. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.17914 before rising to a high $0.18698.

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

XLMUSD 021220 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.18711 pivot level to support a run at the 62% FIB of $0.1989 and the first major resistance level at $0.20119.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.20 levels.

Barring an extended crypto rally, the second major resistance level and Tuesday’s high $0.2045 would likely cap any upside.

In the event of another breakout, Stellar’s Lumen could test resistance at $0.21 before any pullback. The second major resistance level sits at $0.21857.

Failure to move through the pivot level at $0.18711 would bring the first major support level at $0.16973 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.16 levels. The second major support level sits at $0.15565.

Looking at the Technical Indicators

First Major Support Level: $0.16973

First Major Resistance Level: $0.20119

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX slid by 7.04% on Tuesday. Reversing a 5.06% gain from Monday, Tron’s TRX ended the day at $0.030222.

It was a mixed start to the day. Tron’s TRX rose to an early morning intraday high $0.03433 before hitting reverse.

Tron’s TRX broke through the first major resistance level at $0.03368 before sliding to a mid-day intraday low $0.02868.

The reversal saw Tron’s TRX fall through the first major support level to test support at the second major support level at $0.02871. Tron’s TRX also fell through the 23.6% FIB of $0.0291.

Finding support in the early afternoon Tron’s TRX briefly move back through to $0.031 levels before falling back to $0.029 levels.

While falling back through the first major support level, Tron’s TRX found support at the 23.6% FIB of $0.0291.  A late move back through to $0.030 levels limited the downside on the day.

At the time of writing, Tron’s TRX was up by 1.21% to $0.030589. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.02954 before rising to a high $0.03060.

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

TRXUSD 021220 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move through the $0.03108 pivot level to support a run at the first major resistance level at $0.03347.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.033 levels.

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

In the event of another breakout, resistance at $0.035 would likely come into play. The second major resistance level sits at $0.03673.

Failure to move through the $0.03108 pivot level would bring the 23.6% FIB and the first major support level at $0.02782 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of sub-$0.027 levels. The second major support level sits at $0.02543.

Looking at the Technical Indicators

First Major Support Level: $0.02782

First Major Resistance Level: $0.03347

23.6% FIB Retracement Level: $0.0291

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 – December 1st, 2020

EOS

EOS rallied by 7.61% on Monday. Following on from a 1.12% gain on Sunday, EOS ended the month up by 28.91% to $3.2624.

A mixed start to the day saw EOS fall to a late morning intraday low $2.9953 before making a move.

Steering clear of the first major support level at $2.9213, EOS rallied to a late afternoon intraday high $3.2875.

EOS broke through the first major resistance level at $3.1228 and the second major resistance level at $3.2131.

A late pullback saw EOS fall through the second major resistance level at $3.2131 before wrapping up the day at $3.26 levels.

At the time of writing, EOS was up by 0.03% to $3.2635. A mixed start to the day saw EOS fall to an early morning low $3.2286 before rising to a high $3.3475.

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

EOSUSD 011220 Hourly Chart

For the day ahead

EOS would need to avoid a fall through the $3.1856 pivot level to support a run at the first major resistance level at $3.3758.

Support from the broader market would be needed, however, for EOS to break through to $2.30 levels.

Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another breakout, EOS could test resistance at $3.4 before any pullback. The second major resistance level sits at $3.4893.

Failure to avoid a fall through the pivot level at $3.1856 would bring the first major support level at $3.0721 into play.

Barring another extended sell-off, however, EOS should steer of sub-$3.0 levels. The second major support level sits at $2.8819.

Looking at the Technical Indicators

First Major Support Level: $3.0721

First Major resistance Level: $3.3758

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 4.46% on Monday. Reversing a 2.83% fall from Sunday, Stellar’s Lumen ended the month up by 161.08% to $0.20299.

A mixed start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.20700 before hitting reverse.

Stellar’s Lumen broke through the first major resistance level at $0.20248 before falling to a late morning intraday low $0.18925.

While steering clear of the first major support level at $0.18711, Stellar’s Lumen fell through the 62% FIB of $0.1989.

Finding support going into the afternoon, however, Stellar’s Lumen bounced back to an afternoon high $0.20600.

Stellar’s Lumen broke back through the first major resistance level at $0.20248 before another pullback to sub-$0.20 levels.

Finding support at the 62% FIB, however, saw Stellar’s Lumen move back through to $0.202 levels to end the day in the green. The first major resistance level at $0.20248 pinned Stellar’s Lumen back late in the day.

At the time of writing, Stellar’s Lumen was down by 2.13% to $0.19866. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.20329 before falling to a low $0.19830.

Stellar’s Lumen left the major support and resistance levels untested early on. The early pullback saw Stellar’s Lumen test support at the 62% FIB of $0.1989, however.

XLMUSD 011220 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.19975 pivot level to support a run at the first major resistance level at $0.21024.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Monday’s high $0.20700.

Barring an extended crypto rally, the second major resistance level and resistance at $0.21 would likely cap any upside.

In the event of another breakout, Stellar’s Lumen could test resistance at $0.22 before any pullback. The second major resistance level sits at $0.21750.

Failure to avoid a fall through the pivot level at $0.19975 would bring the 62% FIB of $0.1989 and the first major support level at $0.19249 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.19 levels. The second major support level sits at $0.1820.

Looking at the Technical Indicators

First Major Support Level: $0.19249

First Major Resistance Level: $0.21024

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX rallied by 5.06% on Monday. Following on from a 0.74% gain on Sunday, Tron’s TRX ended the month up by 25.18% to $0.032308.

It was a mixed start to the day. Tron’s TRX fell to a late morning intraday low $0.03008 before making a move.

Steering clear of the first major support level at $0.02967 and the 23.6% FIB of $0.0291, Tron’s TRX rallied to a late afternoon intraday high $0.03325.

Tron’s TRX broke through the first major resistance level at $0.03160 and the second major resistance level at $0.03246.

A late pullback saw Tron’s TRX fall back through the second major resistance level to wrap up the day at $0.0323 levels.

The second major resistance level at $0.02346 pinned Tron’s TRX back late in the day.

At the time of writing, Tron’s TRX was down by 0.26% to $0.03222. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.032923 before falling to a low $0.031958.

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

TRXUSD 011220 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through the $0.03188 pivot level to support a run at the first major resistance level at $0.03368.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Monday’s high $0.03325.

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

In the event of another breakout, resistance at $0.035 would likely come into play. The second major resistance level sits at $0.03505.

Failure to avoid a fall through the $0.03188 pivot level would bring the first major support level at $0.03051 and 62% FIB of $0.0291 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.029 levels. The second major support level sits at $0.02871.

Looking at the Technical Indicators

First Major Support Level: $0.03051

First Major Resistance Level: $0.03368

23.6% FIB Retracement Level: $0.0291

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 – November 30th, 2020

EOS

EOS rose by 1.12% on Sunday. Following on from a 4.37% rally on Saturday, EOS ended the week down by 1.13% to $3.0326.

A mixed start to the day saw EOS fall to an early morning intraday low $2.9528 before making a move.

Steering clear of the first major support level at $2.8402, EOS rallied to a late morning intraday high $3.1018.

Falling short of the first major resistance level at $3.1414, EOS fell back to sub-$3.00 levels before finding support.

Late in the day, EOS moved back through to $3.00 levels to deliver the upside on the day.

At the time of writing, EOS was up by 1.78% to $3.0865. A bullish start to the day saw EOS rise from an early morning low $3.0316 to a high $3.1166.

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

EOSUSD 301120 Hourly Chart

For the day ahead

EOS would need to avoid a fall through the $3.0116 pivot level to support a run at the first major resistance level at $3.1228.

Support from the broader market would be needed, however, for EOS to break out from the morning high $3.1166.

Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another breakout, EOS could test resistance at $3.3 before any pullback. The second major resistance level sits at $3.2131.

Failure to avoid a fall through the pivot level at $3.0116 would bring the first major support level at $2.9213 into play.

Barring another extended sell-off, however, EOS should steer of sub-$2.90 levels. The second major support level sits at $2.8101.

Looking at the Technical Indicators

First Major Support Level: $2.9213

First Major resistance Level: $3.1228

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 2.83% on Sunday. Following a 3.24% fall from Saturday, Stellar’s Lumen ended the week up by 85.96% to $0.19435.

It was a mixed start to the day. Stellar’s Lumen fell to an early morning intraday $0.1880.

The pullback saw Stellar’s Lumen fall through the 62% FIB of $0.1989 and the first major support level at $0.1902 before making a move.

Finding support through the morning, Stellar’s Lumen struck a late morning intraday high $0.2034 before easing back.

Falling well short of the first major resistance level at $0.2155, Stellar’s Lumen fall back to sub-$0.19 levels. The reversal saw Stellar’s Lumen fall back through the 62% FIB of $0.1989 and the first major support level.

Finding support late in the day, Stellar’s Lumen revisited $0.199 levels before easing back. The 62% FIB and resistance at $0.2 pinned Stellar’s Lumen back late on.

At the time of writing, Stellar’s Lumen was up by 5.10% to $0.20426. A mixed start to the day saw a dip to an early morning low $0.19416 before rising to a high $0.20540.

Stellar’s Lumen broke through the 62% FIB and the first major resistance level at $0.20248 early on.

XLMUSD 301120 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the first major resistance level to support a run at the second major resistance level at $0.21061.

Support from the broader market would be needed, however, for Stellar’s Lumen to break through to $0.210 levels.

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

In the event of another breakout, Stellar’s Lumen could test resistance at $0.22 before any pullback. The third major resistance level sits at $0.22598.

Failure to avoid a fall through the first major resistance level at $0.20248 would bring the 62% FIB of $0.1989 and the pivot level at $0.19524 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.18 levels. The first major support level at $0.18711 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $0.18711

First Major Resistance Level: $0.20248

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX rose by 0.74% on Sunday. Partially reversing a 4.02% rally from Saturday, Tron’s TRX ended the week up by 6.92% to $0.030745.

It was a mixed start to the day. Tron’s TRX slid to an early morning intraday low $0.02946 before making a move.

Steering clear of the 23.6% FIB of $0.0291 and the first major support level at $0.02874, Tron’s TRX rallied to a late morning intraday high $0.03139.

Falling short of the first major resistance level at $0.03208, Tron’s TRX fell back to sub-$0.030 levels before finding support.

A late move back through to $0.030 levels delivered the upside on the day.

At the time of writing, Tron’s TRX was up by 1.43% to $0.031185. A bullish start to the day saw Tron’s TRX rise from an early morning low $0.030571 to a high $0.031458.

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

TRXUSD 301120 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through the $0.03053 pivot level to support another run at the first major resistance level at $0.03160.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the morning high $0.031458.

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

In the event of another breakout, resistance at $0.033 would likely come into play. The second major resistance level sits at $0.03246.

Failure to avoid a fall through the $0.03053 pivot level would bring the first major support level at $0.02967 and 62% FIB of $0.0291 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.029 levels. The second major support level sits at $0.02860.

Looking at the Technical Indicators

First Major Support Level: $0.02967

First Major Resistance Level: $0.03160

23.6% FIB Retracement Level: $0.0291

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 – November 26th, 2020

EOS

EOS slid by 4.91% on Wednesday. Partially reversing a 6.36% rally from Tuesday, EOS ended the day at $3.4262.

A mixed start to the day saw EOS fall from an early high $3.6631 to a mid-morning low $3.3684.

Steering clear of the major support levels, EOS rallied to a late afternoon intraday high $3.8858 before hitting reverse.

Falling short of the first major resistance level at $3.8155, EOS slid to a late intraday low $3.2971.

The reversal saw EOS fall through the first major support level at $3.3556 before a partial recovery to $3.40 levels.

At the time of writing, EOS was down by 0.31% to $3.4156. A mixed start to the day saw EOS fall to an early morning low $3.3585 before rising to a high $3.5326.

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

EOSUSD 261120 Hourly Chart

For the day ahead

EOS would need to move through the $3.5364 pivot level to support a run at the first major resistance level at $3.7756.

Support from the broader market would be needed, however, for EOS to break out from $3.50 levels.

Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another breakout, EOS could test resistance at $4.0 before any pullback. The second major resistance level sits at $4.1251.

Failure to move through the pivot level at $3.5364 would bring the first major support level at $3.1869 into play.

Barring another extended sell-off, however, EOS should steer of sub-$3.00 levels. The second major support level sits at $2.9477.

Looking at the Technical Indicators

First Major Support Level: $3.1869

First Major resistance Level: $3.7756

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 1.63% on Wednesday. Following Tuesday’s 48.33% surge, Stellar’s Lumen ended the day at $0.19307.

It was a mixed start to the day. Stellar’s Lumen rose to an early morning high $0.2240 before hitting reverse.

Coming up against the first major resistance level at $0.22012, Stellar’s Lumen slid to a mid-morning intraday low $0.1810. The pullback saw Stellar’s Lumen fall through the 62% FIB of $0.1989.

Steering clear of the first major support level at $0.15185, Stellar’s Lumen rallied to a mid-afternoon intraday high $0.23372.

Stellar’s Lumen broke back through 62% FIB and the first major resistance level before sliding back to sub-$0.19 levels.

Finding support late in the day, however, Stellar’s Lumen returned to $0.19 levels to limit the downside on the day. The 62% FIB pinned Stellar’s Lumen back late in the day.

At the time of writing, Stellar’s Lumen was down by 0.17% to $0.19274. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.1872 before striking a high $0.2050.

Stellar’s Lumen left the major support and resistance levels untested early on. The early move saw Stellar’s Lumen briefly break back through the 62% FIB of $0.1989, however.

XLMUSD 261120 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.2026 pivot to support another run at the first major resistance level at $0.2242.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back out from the 62% FIB of $0.1989.

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

In the event of another breakout, Stellar’s Lumen could test resistance at $0.25 before any pullback. The second major resistance level sits at $0.2553.

Failure to move through the pivot level at $0.2026 would bring the first major support level at $0.1715 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer well clear of sub-$0.15 levels. The second major support level sits at $0.1499.

Looking at the Technical Indicators

First Major Support Level: $0.1715

First Major Resistance Level: $0.2242

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX slid by 6.56% on Wednesday. Partially reversing a 10.84% jump Tuesday, Tron’s TRX ended the day at $0.032969.

It was a mixed start to the day. Tron’s TRX rose to an early morning high $0.03628 before hitting reverse.

Falling short of the major resistance levels, Tron’s TRX fell to a mid-morning low $0.03335 before finding support.

Steering clear of the major support levels, Tron’s TRX rose to an early afternoon intraday high $0.037714 before taking another hit.

Falling short of the first major resistance level at $0.03931, Tron’s TRX slid to a late intraday low $0.031401.

Steering clear of the first major support level at $0.03128, Tron’s TRX moved back through to $0.032 levels to cut the deficit on the day.

At the time of writing, Tron’s TRX was down by 0.12% to $0.03293. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.03217 before rising to a high $0.03404.

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

TRXUSD 261120 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move through the $0.03403 pivot level to support another run at the first major resistance level at $0.03666.

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

Barring an extended crypto rally, the first major resistance level and Wednesday’s high $0.037714 would likely cap any upside.

In the event of another breakout, the second major resistance level at $0.04034 would likely come into play.

Failure to move through the $0.03403 pivot level would bring the first major support level at $0.03034 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.030 levels. The second major support level sits at $0.02772.

Looking at the Technical Indicators

First Major Support Level: $0.03034

First Major Resistance Level: $0.03666

23.6% FIB Retracement Level: $0.0291

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 – November 25th, 2020

EOS

EOS rallied by 6.36% on Tuesday. Following a 10.22% surge on Monday, EOS ended the day at $3.5984.

A bullish start to the day saw EOS rally to a mid-morning intraday high $3.7897 before hitting reverse.

EOS broke through the first major resistance level at $3.5295 and the second major resistance level at $3.6783.

The reversal saw EOS slide to a late morning intraday low $3.3298 ahead of a bullish 2nd half of the day.

Steering clear of the first major support level at $3.1092, EOS revisited $3.67 levels before easing back to sub-$3.60 levels.

Breaking back through the first major resistance level, the second major resistance level pinned EOS back.

At the time of writing, EOS was down by 3.60% to $3.4688. A mixed start to the day saw EOS rise to an early morning high $3.6659 before falling to a low $3.4475.

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

EOSUSD 251120 Hourly Chart

For the day ahead

EOS would need to move back through the $3.5726 pivot level to support a run at the first major resistance level at $3.8155.

Support from the broader market would be needed, however, for EOS to break out from Tuesday’s high $3.7897.

Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another breakout, EOS could test resistance at $4.0 before any pullback. The second major resistance level sits at $4.0325.

Failure to move back through the pivot level at $3.5726 would bring the first major support level at $3.3556 into play.

Barring another extended sell-off, however, EOS should steer of the second major support level at $3.1127.

Looking at the Technical Indicators

First Major Support Level: $3.3556

First Major resistance Level: $3.8155

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 surged by 48.33% on Tuesday. Following a 26.61% breakout on Monday, Stellar’s Lumen ended the day at $0.19655.

It was a bullish day. Stellar’s Lumen rallied from an early morning intraday low $0.13073 to a late afternoon intraday high $0.1990.

Stellar’s Lumen broke through the day’s major resistance levels to test resistance at the 62% FIB of $0.1989 before a pullback to $0.17 levels.

The pullback saw Stellar’s Lumen briefly fall back through the third major resistance level at $0.18994. Finding late support, however, Stellar’s Lumen closed out the day at $0.196 levels.

At the time of writing, Stellar’s Lumen was up by 0.06% to $0.19667. A choppy start to the day saw Stellar’s Lumen rally to an early morning high $0.2240 before falling to a low $0.1863.

Stellar’s Lumen broke through the 62% FIB of $0.1989 and the first major resistance level at $0.2201 early on.

XLMUSD 251120 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.17543 pivot to support another run at the first major resistance level at $0.22012.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the 62% FIB of $0.1989.

Barring another extended crypto rally, the first major resistance level and morning high $0.2240 would likely cap any upside.

In the event of another breakout, Stellar’s Lumen could test resistance at $0.24 before any pullback. The second major resistance level sits at $0.2437.

Failure to avoid a fall through the pivot level at $0.17543 would bring the first major support level at $0.15185 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer well clear of sub-$0.18 levels. The second major support level sits at $0.10716.

Looking at the Technical Indicators

First Major Support Level: $0.15185

First Major Resistance Level: $0.22012

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX jumped by 10.84% on Tuesday. Following on from a 10.58% rally on Monday, Tron’s TRX ended the day at $0.035256.

It was a bullish start to the day. Tron’s TRX rallied from an intraday low $0.031353 to an early morning intraday high $0.039388.

Tron’s TRX broke through the day’s major resistance levels before falling back to $0.316 levels.

Steering clear of the first major support level at $0.02936, Tron’s TRX bounced back to end the day at $0.035 levels.

The rebound saw Tron’s TRX break back through the first major resistance level at $0.03313 and the second major resistance level at $0.03446.

At the time of writing, Tron’s TRX was down by 0.56% to $0.035058. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.03733 before falling to a low $0.03423.

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

TRXUSD 251120 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move back through the $0.0353 pivot level to support another run at the first major resistance level at $0.03931.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.039 levels.

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $0.039388 would likely cap any upside.

In the event of another breakout, the second major resistance level at $0.04337 would likely come into play.

Failure to move back through the $0.03533 pivot level would bring the first major support level at $0.03128 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.030 levels. The second major support level sits at $0.02730.

Looking at the Technical Indicators

First Major Support Level: $0.03128

First Major Resistance Level: $0.03931

23.6% FIB Retracement Level: $0.0291

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 – November 24th, 2020

EOS

EOS surged by 10.22% on Monday. Reversing a 5.20% slide from Sunday, EOS ended the day at $3.3807.

A mixed start to the day saw EOS fall to an early morning intraday low $2.9865 before making a move.

Steering clear of the first major support level at $2.8649 EOS rallied to a late intraday high $3.4068.

EOS broke through the first major resistance level at $3.2883 to test resistance at $3.40 before easing back.

At the time of writing, EOS was up by 1.54% to $3.4326. A mixed start to the day saw EOS rise to an early morning high $3.4705 before falling to a low $3.3322.

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

EOSUSD 241120 Hourly Chart

For the day ahead

EOS would need to avoid a fall through the $3.2580 pivot level to support a run at the first major resistance level at $3.5295.

Support from the broader market would be needed, however, for EOS to break out from the morning high $3.4708.

Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another breakout, EOS could test resistance at $3.7 before any pullback. The second major resistance level sits at $3.6783.

Failure to avoid a fall through the pivot level at $3.2580 would bring the first major support level at $3.1092 into play.

Barring another extended sell-off, however, EOS should steer of sub-$3.00 levels. The second major support level sits at $2.8377.

Looking at the Technical Indicators

First Major Support Level: $3.1092

First Major resistance Level: $3.5295

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 surged by 26.61% on Monday. Reversing a 4.36% slide from Sunday, Stellar’s Lumen ended the day at $0.13232.

It was a mixed start to the day. Stellar’s Lumen fell to an early morning intraday low $0.10150 before making a move.

Steering clear of the first major support level at $0.09532, Stellar’s Lumen rallied to a late intraday high $0.1350.

Stellar’s Lumen broke through the first major resistance level at $0.1143 and the second major resistance level at $0.12414. The 38.2% FIB of $0.1333 capped the upside on the day.

At the time of writing, Stellar’s Lumen was up by 13.36% to $0.1500. A Mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.13073 before striking a high $0.15662.

Stellar’s Lumen broke through the 38.2% FIB of $0.1333 and the first major resistance level at $0.14438 early on. The second major resistance level at $0.15644 pinned Stellar’s Lumen back.

XLMUSD 241120 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the first major resistance level at $0.14438 to support another run at the second major resistance level.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the morning high $0.15662.

Barring another extended crypto rally, the second major resistance level and resistance at $0.16 would likely cap any upside.

In the event of another extended breakout, Stellar’s Lumen could test resistance at $0.18 before any pullback. The second major resistance level sits at $0.18994.

Failure to avoid a fall through the first major resistance level at $0.14438 would bring the 38.2% FIB and the pivot level at $0.12294 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer well clear of sub-$0.12 levels. The first major support level sits at $0.11088.

Looking at the Technical Indicators

First Major Support Level: $0.11088

First Major Resistance Level: $0.14438

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX jumped by 10.58% on Monday. Reversing a 5.78% slide from Sunday, Tron’s TRX ended the day at $0.031803.

Tracking the broader market, Tron’s TRX fell to an early morning intraday high low $0.02824 before making a move.

Steering clear of the first major support level at $0.02692, Tron’s TRX rallied to a late afternoon intraday high $0.032015.

Tron’s TRX broke through the 23.6% FIB of $0.0291 and the first major resistance level at $0.03079. Coming up against resistance at $0.032, however, Tron’s TRX eased back to $0.030 levels.

Finding support late in the day, Tron’s TRX broke back through the first major resistance level to wrap up the day at $0.031 levels.

At the time of writing, Tron’s TRX was up by 3.26% to $0.03284. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.03135 before striking a high $0.03304.

Tron’s TRX came within range of the first major resistance level at $0.03313 early on.

TRXUSD 241120 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through the $0.03069 pivot level to support another run at the first major resistance level at $0.03313.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the morning high $0.03304.

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

In the event of another breakout, the second major resistance level at $0.03446 would likely come into play.

Failure to avoid a fall through the $0.03069 pivot level would bring the first major support level at $0.02936 and 23.6% FIB into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.029 levels. The second major support level sits at $0.02691.

Looking at the Technical Indicators

First Major Support Level: $0.02936

First Major Resistance Level: $0.03313

23.6% FIB Retracement Level: $0.0291

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 – November 23rd, 2020

EOS

EOS slid by 5.20% on Sunday. Partially reversing a 16.31% jump on Saturday, EOS ended the week up by 22.62% to $3.0658.

A mixed start to the day saw EOS rise to an early morning intraday high $3.3098 before hitting reverse.

Falling short of the first major resistance level at $3.4353, EOS slid to a late morning intraday low $2.8864.

Steering clear of the first major support level at $2.8594, EOS briefly revisited $3.17 before falling back into the deep red.

At the time of writing, EOS was down by 0.05% to $3.0068. A mixed start to the day saw EOS rise to an early morning high $3.1081 before falling to a low $2.9870

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

EOSUSD 231120 Hourly Chart

For the day ahead

EOS would need to move back through the $3.0873 pivot level to support a run at the first major resistance level at $3.2883.

Support from the broader market would be needed, however, for EOS to break back through to $3.20 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $3.3098 would likely cap any upside. In the event of another breakout, EOS could test resistance at $3.5 before any pullback. The second major resistance level sits at $3.5107.

Failure to move back through the pivot level at $3.0873 would bring the first major support level at $2.8649 into play.

Barring another extended sell-off, however, EOS should steer of sub-$2.80 levels. The second major support level sits at $2.6639.

Looking at the Technical Indicators

First Major Support Level: $2.8649

First Major resistance Level: $3.2883

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 4.36% on Sunday. Following Saturday’s 23.45% surge, Stellar’s Lumen ended the week up by 30.3% to $0.10446.

It was a mixed start to the day. Stellar’s Lumen rose to an early morning intraday high $0.1150 before hitting reverse.

Falling short of the first major resistance level at $0.1167, Stellar’s Lumen slid to a late morning intraday low $0.09602.

Steering clear of the first major support level at $0.09523, Stellar’s Lumen briefly revisited $0.11 levels before easing back.

At the time of writing, Stellar’s Lumen was down by 0.03% to $0.10242. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.10584 before falling to a low $0.10150.

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

XLMUSD 231120 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move back through the $0.10516 pivot to support a run at the first major resistance level at $0.11430.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.11 levels.

Barring another broad-based crypto rally, the first major resistance level and Sunday’s high $0.1150 would likely cap any upside.

In the event of another breakout, Stellar’s Lumen could test resistance at $0.12 before any pullback. The second major resistance level sits at $0.12414.

Failure to move back through the $0.10516 pivot level would bring the first major support level at $0.09532 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer well clear of sub-$0.090 levels. The second major support level sits at $0.08618.

Looking at the Technical Indicators

First Major Support Level: $0.09532

First Major Resistance Level: $0.11430

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX slid by 5.78% on Sunday. Partially reversing a 15.85% rally from Saturday, Tron’s TRX ended the week up by 13.95% to $0.02876.

Tracking the broader market, Tron’s TRX rose to an early morning intraday high $0.03097 before hitting reverse.

Falling short of the first major resistance level at $0.03219, Tron’s TRX slid to a late morning intraday low $0.02710.

The reversal saw Tron’s TRX fall through the 23.6% FIB of $0.0291 and the first major support level at $0.02745.

Finding support through the second half of the day, however, Tron’s TRX revisited $0.030 levels before falling back into the deep red.

While leaving the major resistance levels untested, Tron’s TRX broke back through the 23.6% FIB of $0.0291 before ending the day a sub-$0.029.

At the time of writing, Tron’s TRX was down by 0.53% to $0.028334. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.02928 before falling to a low $0.02824

While leaving the major support and resistance levels untested early on, Tron’s TRX tested the 23.6% FIB of $0.0291.

TRXUSD 231120 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move back through the $0.02895 pivot level to support a run at the first major resistance level at $0.03079.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.030 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $0.03097 would likely cap any upside.

In the event of another breakout, the second major resistance level at $0.03281 would likely come into play.

Failure to move back through the $0.02895 pivot level would bring the first major support level at 0.02692 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.026 levels. The second major support level sits at $0.02508.

Looking at the Technical Indicators

First Major Support Level: $0.02692

First Major Resistance Level: $0.03079

23.6% FIB Retracement Level: $0.0291

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 – November 19th, 2020

EOS

EOS fell by 2.95% on Wednesday. Partially reversing a 5.15% rally from Tuesday, EOS ended the day at $2.6394.

A mixed start to the day saw EOS rise to an early morning intraday high $2.7722 before hitting reverse.

Falling short of the first major resistance level at $2.8107, EOS slid to an early morning intraday low $2.4390.

EOS fell through the first major support level at $2.6030 and the second major support level at $2.4868.

Finding support through the rest of the day, EOS moved back through the support levels to end the day at $2.63 levels.

At the time of writing, EOS was down by 0.70% to $2.6209 A mixed start to the day saw EOS rise to an early morning high $2.6498 before falling to a low $2.6030.

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

EOSUSD 191120 Hourly Chart

For the day ahead

EOS would need to avoid a fall back through the $2.6169 pivot level to support a run at the first major resistance level at $2.7947.

Support from the broader market would be needed, however, for EOS to break out from Wednesday’s high $2.7722.

Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another breakout, EOS could test resistance at $2.85 before any pullback. The second major resistance level sits at $2.9501.

Failure to avoid a fall back through the pivot level at $2.6169 would bring the first major support level at $2.4615 into play.

Barring another extended sell-off, however, EOS should steer of sub-$2.40 levels. The second major support level sits at $2.2837.

Looking at the Technical Indicators

First Major Support Level: $2.4615

First Major resistance Level: $2.7947

23.6% FIB Retracement Level: $6.52

38% FIB Retracement Level: $9.68

62% FIB Retracement Level: $14.77

Stellar’s Lumen

Stellar’s Lumen slid by 3.34% on Wednesday. Partially reversing a 4.80% rally from Tuesday, Stellar’s Lumen ended the day at $0.083670.

It was a mixed start to the day. Stellar’s Lumen rose to an early morning intraday high $0.08700 before hitting reverse.

Falling short of the first major resistance level at $0.08933, Stellar’s Lumen slid to a mid-afternoon intraday low $0.081789.

Stellar’s Lumen fell through the first major support level at $0.08303 before wrapping up the day at $0.0836 levels.

At the time of writing, Stellar’s Lumen was down by 0.28% to $0.083439. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.082913 before rising to a high $0.083839.

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

XLMUSD 191120 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.08415 pivot to support a run at the first major resistance level at $0.08652.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.086 levels.

Barring another broad-based crypto rally, the first major resistance level and Wednesday’s high $0.08700 would likely cap any upside.

In the event of another breakout, the second major resistance level at $0.08936 would likely come into play.

Failure to move through the $0.08415 pivot level would bring the first major support level at $0.08131 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer well clear of sub-$0.080 levels. The second major support level sits at $0.07894.

Looking at the Technical Indicators

First Major Support Level: $0.08131

First Major Resistance Level: $0.08652

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX rose by 1.26% on Wednesday. Following on from a 3.62% rally on Tuesday, Tron’s TRX ended the day at $0.026857.

Tracking the broader market, Tron’s TRX rose to an early morning intraday high $0.027429 before hitting reverse.

Tron’s TRX broke through the first major resistance level at $0.02720 before sliding to an early morning intraday low $0.024649.

The reversal saw Tron’s TRX fall through the first major support level at $0.02562 and the second major support level at $0.02472.

Finding support through the second half of the day, however, Tron’s TRX broke back through to $0.027 levels to deliver the upside on the day.

At the time of writing, Tron’s TRX was down by 1.69% to $0.02640. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.02733 before falling to a low $0.02568.

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

TRXUSD 191120 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through the $0.02631 pivot level to support a run at the first major resistance level at $0.02797.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Wednesday’s high $0.027429.

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

In the event of another breakout, the second major resistance level at $0.02909 and the 23.6% FIB of $0.0291 would likely come into play.

Failure to avoid a fall back through the $0.02631 pivot level would bring the first major support level at $0.02519 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.025 levels. The second major support level sits at $0.02353.

Looking at the Technical Indicators

First Major Support Level: $0.02519

First Major Resistance Level: $0.02797

23.6% FIB Retracement Level: $0.0291

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 – November 18th, 2020

EOS

EOS rallied by 5.15% on Tuesday. Following on from a 3.35% gain on Monday, EOS ended the day at $2.7193.

A mixed start to the day saw EOS fall to an early morning intraday low $2.5782 before making a move.

Steering clear of the first major support level at $2.5067, EOS rallied to a late afternoon intraday high $2.7859.

EOS broke through the first major resistance level at $2.6376 and the second major resistance level at $2.6911.

A late pullback saw EOS briefly fall back through the second major resistance level before wrapping up the day at $2.71 levels.

At the time of writing, EOS was down by 0.13% to $2.7157 A mixed start to the day saw EOS rise to an early morning high $2.7418 before falling to a low $2.6896.

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

EOSUSD 181120 Hourly Chart

For the day ahead

EOS would need to avoid a fall back through the $2.6945 pivot level to support a run at the first major resistance level at $2.8107.

Support from the broader market would be needed, however, for EOS to break out from Tuesday’s high $2.7859.

Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another breakout, EOS could test resistance at $2.85 before any pullback. The second major resistance level sits at $2.9022.

Failure to avoid a fall back through the pivot level at $2.6945 would bring the first major support level at $2.6030 into play.

Barring an extended sell-off, however, EOS should steer of sub-$2.55 levels. The second major support level sits at $2.4868.

Looking at the Technical Indicators

First Major Support Level: $2.6030

First Major resistance Level: $2.8107

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 4.80% on Tuesday. Following on from a 2.99% gain on Monday, Stellar’s Lumen ended the day at $0.086517.

It was a mixed start to the day. Stellar’s Lumen fell to an early morning intraday low $0.082359 before making a move.

Steering clear of the first major support level at $0.08027, Stellar’s Lumen rallied to a late afternoon intraday high $0.088659.

Stellar’s Lumen broke through the first major resistance level at $0.08391 and the second major resistance level at $0.08527.

Coming within range of the third major resistance level at $0.08892, Stellar’s Lumen eased back to end the day at $0.086 levels.

At the time of writing, Stellar’s Lumen was up by 0.45% to $0.086910. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.086082 before rising to a high $0.08700.

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

XLMUSD 181120 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.08585 pivot to support a run at the first major resistance level at $0.08933.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Tuesday’s high $0.088659.

Barring another broad-based crypto rally, the first major resistance level and resistance at $0.090 would likely cap any upside.

In the event of another breakout, the second major resistance level at $0.09215 and 23.6% FIB of $0.0928 would likely come into play.

Failure to avoid a fall through the $0.08585 pivot level would bring the first major support level at $0.08303 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer well clear of sub-$0.080 levels. The second major support level sits at $0.07955.

Looking at the Technical Indicators

First Major Support Level: $0.08303

First Major Resistance Level: $0.08933

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX rose by 3.62% on Tuesday. Following on from a 1.38% gain on Monday, Tron’s TRX ended the day at $0.026521.

Tracking the broader market, Tron’s TRX fell to an early morning low $0.025398 before making a move.

Steering clear of the first major support level at $0.02502, Tron’s TRX rose to a late afternoon intraday high $0.026972.

Tron’s TRX broke through the first major resistance level at $0.02608 and the second major resistance level at $0.02656.

A late pullback, however, saw Tron’s TRX fall back through the second major resistance level to end the day at $0.02652 levels.

At the time of writing, Tron’s TRX was up by 0.30% to $0.02660. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.026261 before rising to a high $0.026954.

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

TRXUSD 181120 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through the $0.02630 pivot level to support a run at the first major resistance level at $0.02720.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Tuesday’s high $0.026972.

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

In the event of another breakout, the second major resistance level at $0.02787 and resistance at $0.028 would likely come into play.

Failure to avoid a fall back through the $0.02630 pivot level would bring the first major support level at $0.02562 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.025 levels. The second major support level sits at $0.02472.

Looking at the Technical Indicators

First Major Support Level: $0.02562

First Major Resistance Level: $0.02720

23.6% FIB Retracement Level: $0.0291

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 – November 17th, 2020

EOS

EOS rallied by 3.35% on Monday. Reversing a 1.54% loss from Sunday, EOS ended the day at $2.5840.

A mixed start to the day saw EOS fall to an early morning intraday low $2.4829 before making a move.

Steering clear of the first major support level at $2.4551, EOS rose to an early afternoon intraday high $2.6138.

EOS broke through the first major resistance level at $2.5530 and the second major resistance level at $2.6059.

A late pullback to $2.55 levels saw EOS fall through the second major resistance level to wrap up the day at $2.58 levels.

The first major resistance level at $2.5530 limited the downside late in the day.

At the time of writing, EOS was up by 1.09% to $2.6121. A mixed start to the day saw EOS fall to an early morning low $2.5782 before rising to a high $2.6325.

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

EOSUSD 171120 Hourly Chart

For the day ahead

EOS would need to avoid a fall through the $2.5602 pivot level to support a run at the first major resistance level at $2.6376.

Support from the broader market would be needed, however, for EOS to break out from the morning high $2.6325.

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

Failure to avoid a fall through the pivot level at $2.5602 would bring the first major support level at $2.5067 into play.

Barring an extended sell-off, however, EOS should steer of sub-$2.50 levels. The second major support level sits at $2.4293.

Looking at the Technical Indicators

First Major Support Level: $2.5067

First Major resistance Level: $2.6376

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 2.99% on Monday. Reversing a 1.33% fall from Sunday, Stellar’s Lumen ended the day at $0.082556.

It was a mixed start to the day. Stellar’s Lumen fell to an early morning intraday low $0.079331 before making a move.

Steering clear of the first major support level at $0.07860, Stellar’s Lumen rallied to a mid-afternoon intraday high $0.082979.

Stellar’s Lumen broke through the first major resistance level at $0.08189 before a fall back to sub-$0.08150 levels.

Finding late support, however, Stellar’s Lumen broke back through the first major resistance level to close out at $0.0825 levels.

At the time of writing, Stellar’s Lumen was up by 1.57% to $0.083812. A bullish start to the day saw Stellar’s Lumen rise from an early morning low $0.082359 to a high $0.084299.

Stellar’s Lumen broke through the first major resistance level at $0.08391 early on before easing back.

XLMUSD 171120 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.08162 pivot to support another run at the second major resistance level at $0.08527.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through the first major resistance level.

Barring another broad-based crypto rally, resistance at $0.08450 would likely cap any upside. The second major resistance level sits at $0.08527.

Failure to avoid a fall through the $0.08162 pivot level would bring the first major support level at $0.08027 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.080 levels. The second major support level sits at $0.07797.

Looking at the Technical Indicators

First Major Support Level: $0.08027

First Major Resistance Level: $0.08391

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX rose by 1.38% on Monday. Following on from a 1.18% gain on Sunday, Tron’s TRX ended the day at $0.025589.

It was another relatively choppy day. Tron’s TRX fell to an early morning low $0.024945 before making a move.

Steering clear of the first major support level at $0.02487, Tron’s TRX rose to a late afternoon intraday high $0.025998.

Coming up against the first major resistance level at $0.02592, Tron’s TRX fell back to $0.0250 levels.

Finding late support, however, Tron’s TRX moved back through to $0.0255 levels to end the day in the green.

At the time of writing, Tron’s TRX was up by 0.84% to $0.025803. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.02540 before rising to a high $0.025937

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

TRXUSD 171120 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through the $0.02551 pivot level to support another run at the first major resistance level at $0.02608.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the morning high $0.025937.

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

Failure to avoid a fall through the $0.02551 pivot level would bring the first major support level at $0.02502 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.025 levels. The second major support level sits at $0.02446.

Looking at the Technical Indicators

First Major Support Level: $0.02502

First Major Resistance Level: $0.02608

23.6% FIB Retracement Level: $0.0291

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 – November 16th, 2020

EOS

EOS fell by 1.54% on Sunday. Partially reversing 2.35% loss on Saturday, EOS ended the week down by 1.52% to $2.5002.

A mixed start to the day saw EOS rose to an early morning intraday high $2.5608 before hitting reverse.

Falling short of the first major resistance level at $2.6040, EOS fell to a late afternoon intraday low $2.4629.

The sell-off saw EOS fall the first major support level at $2.4834 before a late move back through to $2.50 levels.

At the time of writing, EOS was up by 0.01% to $2.5005. A mixed start to the day saw EOS fall to an early morning low $2.4829 before rising to a high $2.5043.

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

EOS/USD 16/11/20 Hourly Chart

For the day ahead

EOS would need to move through the $2.5080 pivot level to support a run at the first major resistance level at $2.5530.

Support from the broader market would be needed, however, for EOS to break back through to $2.55 levels.

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

Failure to move through the pivot level at $2.5080 would bring the first major support level at $2.4551 back into play.

Barring an extended sell-off, however, EOS should steer of the second major support level at $2.4101.

Looking at the Technical Indicators

First Major Support Level: $2.4551

First Major resistance Level: $2.5530

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 1.33% on Sunday. Following on from a 1.69% decline on Saturday, Stellar’s Lumen ended the week down by 1.69% to $0.080092.

It was a bullish start to the day. Stellar’s Lumen rose to a mid-morning intraday high $0.082193 before hitting reverse.

Falling short of the first major resistance level at $0.08349, Stellar’s Lumen fell to a late intraday low $0.078909.

Stellar’s Lumen fell through the first major support level at $0.07968 before a late partial recovery to 0.080 levels.

At the time of writing, Stellar’s Lumen was down by 0.03% to $0.080068. A bearish start to the day saw Stellar’s Lumen fall from an early morning high $0.080160 to a low $0.079500.

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

XLM/USD 16/11/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.08040 pivot to support a run at the first major resistance level at $0.08189.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.081 levels.

Barring another broad-based crypto rally, the first major resistance level and resistance at $0.082 would likely cap any upside.

Failure to move through the $0.08040 pivot level would bring the first major support level at $0.07860 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.07711.

Looking at the Technical Indicators

First Major Support Level: $0.07860

First Major Resistance Level: $0.08189

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX rose by 1.18% on Sunday. Partially reversing a 1.55% loss from Saturday, Tron’s TRX ended the week flat at $0.025401.

It was another relatively choppy day. Tron’s TRX fell to an early morning low $0.02487 before making a move.

Steering clear of the first major support level at $0.02425, Tron’s TRX rose to an early afternoon intraday high $0.025919.

Falling short of the first major resistance level at $0.02699, Tron’s TRX slid to a late intraday low $0.024798.

Continuing to steer clear of the major support levels, Tron’s TRX bounced back to $0.0254 levels to end the day in the green.

At the time of writing, Tron’s TRX was up by 0.07% to $0.025418. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.024945 before rising to a high $0.025429

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

TRX/USD 16/11/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through the $0.02540 pivot level to support another run at the first major resistance level at $0.02592.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.0255 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $0.025919 would likely cap any upside.

Failure to avoid a fall back through the $0.02540 pivot level would bring the first major support level at $0.02487 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.024 levels. The second major support level at $0.02435 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $0.02487

First Major Resistance Level: $0.02592

23.6% FIB Retracement Level: $0.0291

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 – November 12th, 2020

EOS

EOS fell by 0.07% on Wednesday. Reversing a 0.02% gain from Tuesday, EOS ended the day at $2.5007.

It was a mixed start to the day. EOS rose to an early morning high $2.5415 before hitting reverse.

Coming up against the first major resistance level at $2.5403, EOS fell to a late morning low $2.4927.

Steering clear of the first major support level at $2.4672, EOS rallied to a late afternoon intraday high $2.5627.

EOS broke through the first major resistance level at $2.5403, before falling to a late intraday low $2.4825.

Continuing to steer clear of the first major support level, EOS briefly revisited $2.52 levels before falling back into the red.

At the time of writing, EOS was down by 0.44% to $2.4898. A mixed start to the day saw EOS rise to an early morning high $2.5123 before falling to a low $2.4414.

EOS fell through the first major support level at $2.4679 early on.

EOS/USD 12/11/20 Hourly Chart

For the day ahead

EOS would need to move through the $2.5153 pivot level to support a run at the first major resistance level at $2.5481.

Support from the broader market would be needed, however, for EOS to break back through to $2.54 levels.

Barring an extended crypto rally, the first major resistance level and Wednesday’s high $2.5627 would likely cap any upside.

Failure to move through the pivot level at $5481 would bring the first major support level at $2.4679 back into play.

Barring an extended sell-off, however, EOS should continue to steer of the second major support level at $2.4351.

Looking at the Technical Indicators

First Major Support Level: $2.4679

First Major resistance Level: $2.5481

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 0.94% on Wednesday. Reversing a 0.29% fall from Tuesday, Stellar’s Lumen ended the day at $0.080465.

It was a bullish start to the day. Stellar’s Lumen rallied from an early morning intraday low $0.079601 to an early morning high $0.081596.

Falling short of the first major resistance level at $0.08172, Stellar’s Lumen fell back to $0.080 levels before finding support.

A late afternoon rally saw Stellar’s Lumen break through the first major resistance level to strike an intraday high $0.082335.

The visit to $0.082 levels was brief, however. Stellar’s Lumen fell back through the first major resistance level to wrap up the day at $0.080 levels.

At the time of writing, Stellar’s Lumen was down by 0.49% to $0.08007. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.080534 before falling to a low $0.079491.

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

XLM/USD 12/11/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.08080 pivot to support a run at the first major resistance level at $0.08200.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from $0.081 levels.

Barring another broad-based crypto rally, the first major resistance level and Wednesday’s high $0.082335 would likely cap any upside.

Failure to move through the $0.08080 pivot level would bring the first major support level at $0.07927 back into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer well clear of the second major support level at $0.07807.

Looking at the Technical Indicators

First Major Support Level: $0.07927

First Major Resistance Level: $0.08200

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX rose by 0.05% on Wednesday. Following on from a 0.39% gain on Tuesday, Tron’s TRX ended the day at $0.024976.

In spite of a relatively choppy day, Tron’s TRX rose to a late afternoon intraday high $0.025596 before hitting reverse.

Tron’s TRX broke through the first major resistance level at $0.02542 before sliding to a late intraday low $0.024727.

Steering clear of the first major support level at $0.02432, Tron’s TRX revisited $0.025 levels before easing back.

At the time of writing, Tron’s TRX was up by 0.20% to $0.025027. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.025327 before falling to a low $0.024615.

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

TRX/USD 12/11/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move back through the $0.02510 pivot level to support another run at the first major resistance level at $0.02547.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.0254 levels.

Barring an extended crypto rally, the first major resistance level and Wednesday’s high $0.025596 would likely cap any upside.

Failure to move back through the $0.02510 pivot level would bring the first major support level at $0.02460 back into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.024 levels. The second major support level at $0.02423 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $0.02460

First Major Resistance Level: $0.02547

23.6% FIB Retracement Level: $0.0291

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 – November 11th, 2020

EOS

EOS rose by 0.02% on Tuesday. Following a 1.47% fall from Monday, EOS ended the day at $2.5023.

It was a mixed start to the day. EOS fell to an early morning low $2.4751 before making a move.

Steering clear of the first major support level at $2.4253, EOS rallied to a mid-day intraday high $2.5431.

Falling short of the first major resistance level at $2.5794, EOS slid to a mid-afternoon intraday low $2.4700.

Continuing to steer clear of the first major support level, EOS recovered to $2.50 levels to end the day in the green.

At the time of writing, EOS was up by 1.17% to $2.5315. A mixed start to the day saw EOS fall to an early morning low $2.4939 before striking a high $2.5367.

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

EOS/USD 11/11/20 Hourly Chart

For the day ahead

EOS would need to avoid a fall back through the $2.5051 pivot level to support a run at the first major resistance level at $2.5403.

Support from the broader market would be needed, however, for EOS to break back through to $2.54 levels.

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $2.5431 would likely cap any upside.

Failure to avoid a fall back through the pivot level at $2.5051 would bring the first major support level at $2.4672 into play.

Barring an extended sell-off, however, EOS should continue to steer of sub-$2.40 levels. The second major support level at $2.4320 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $2.4672

First Major resistance Level: $2.5403

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 0.29% on Tuesday. Following on from a 2.11% slide on Monday, Stellar’s Lumen ended the day at $0.079662.

A mixed start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.079172 before making a move.

Steering clear of the first major support level at $0.07780, Stellar’s Lumen rallied to a late morning intraday high $0.082500.

Stellar’s Lumen broke through the first major resistance level at $0.08199 before sliding back to sub-$0.080 levels.

Finding late support, however, Stellar’s Lumen broke briefly revisited $0.080 levels before falling back into the red.

At the time of writing, Stellar’s Lumen was up by 2.18% to $0.081401. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.079601 before rising to a high $0.081596.

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

XLM/USD 11/11/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.08044 pivot to support a run at the first major resistance level at $0.08172.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the morning high $0.081596.

Barring another broad-based crypto rally, the first major resistance level would likely cap any upside.

Failure to avoid a fall through the $0.08044 pivot level would bring the first major support level at $0.07839 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer well clear of the second major support level at $0.07712.

Looking at the Technical Indicators

First Major Support Level: $0.07839

First Major Resistance Level: $0.08172

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX rose by 0.39% on Tuesday. Partially reversing a 2.19% loss from Monday, Tron’s TRX ended the day at $0.024808.

Tracking the broader market, Tron’s TRX fell to an early morning intraday low $0.02445 before making a move.

Steering clear of the first major support level at $0.02420, Tron’s TRX struck a late morning intraday high $0.02555.

Falling short of the first major resistance level at $0.02574, however, Tron’s TRX slid to a late afternoon low $0.02449.

Continuing to steer clear of the first major support level at $0.02420, Tron’s TRX revisited $0.025 levels before easing back.

At the time of writing, Tron’s TRX was up by 1.75% to $0.025243. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.024771 before rising to a high $0.025291.

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

TRX/USD 11/11/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through the $0.02494 pivot level to support a run at the first major resistance level at $0.02542.

Support from the broader market would be needed, however, for Tron’s TRX to break back out from the morning high $0.025291.

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

Failure to move through the $0.02494 pivot level would bring the first major support level at $0.02432 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.024 levels. The second major support level sits at $0.02384.

Looking at the Technical Indicators

First Major Support Level: $0.02432

First Major Resistance Level: $0.02542

23.6% FIB Retracement Level: $0.0291

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 – November 10th, 2020

EOS

EOS fell by 1.47% on Monday. Partially reversing a 1.66% gain from Sunday, EOS ended the day at $2.4991.

It was a mixed start to the day. EOS fell to a late morning low $2.4872 before making a move.

Finding support at the first major support level at $2.4878, EOS rallied to a late morning intraday high $2.5859.

EOS broke through the first major resistance level at $2.5829 before sliding to a late afternoon intraday low $2.4318.

The sell-off saw EOS fall through the first major support level at $2.4878 and the second major support level at $2.4368.

Finding late support, EOS broke back through the major support levels to revisit $2.52 levels before easing back.

At the time of writing, EOS was up by 0.11% to $2.5018. A mixed start to the day saw EOS fall to an early morning low $2.4751 before rising to a high $2.5156.

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

EOS/USD 10/11/20 Hourly Chart

For the day ahead

EOS would need to move back through the $2.5056 pivot level to support a run at the first major resistance level at $2.5794.

Support from the broader market would be needed, however, for EOS to break back through to $2.57 levels.

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

Failure to move through the pivot level at $2.5056 would bring the first major support level at $2.4253 into play.

Barring an extended sell-off, however, EOS should steer of sub-$2.40 levels. The second major support level sits at $2.3515.

Looking at the Technical Indicators

First Major Support Level: $2.4253

First Major resistance Level: $2.5794

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 2.11% on Monday. Reversing a 2.32% gain from Sunday, Stellar’s Lumen ended the day at $0.079779.

A mixed start to the day saw Stellar’s Lumen fall to a late morning low $0.079387 before making a move.

Steering clear of the first major support level at $0.07920, Stellar’s Lumen rallied to a late morning intraday high $0.082223.

Falling well short of the first major resistance level at $0.08333, Stellar’s Lumen slid to a late afternoon intraday low $0.078030.

Stellar’s Lumen fell through the first major support level at $0.07920 before revisiting $0.080 levels.

A bearish end to the day, however, left Stellar’s Lumen at sub-$0.080 levels at the day end.

At the time of writing, Stellar’s Lumen was up by 0.84% to $0.080452. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.079172 before rising to a high $0.081042.

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

XLM/USD 10/11/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall back through the $0.08001 pivot to support a run at the first major resistance level at $0.08199.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.081 levels.

Barring another broad-based crypto rally, the first major resistance level would likely cap any upside.

Failure to avoid a fall back through the $0.08001 pivot level would bring the first major support level at $0.07780 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer well clear of the second major support level at $0.07582.

Looking at the Technical Indicators

First Major Support Level: $0.07780

First Major Resistance Level: $0.08199

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX fell by 2.19% on Monday. Partially reversing a 2.56% gain from Sunday, Tron’s TRX ended the day at $0.024838.

Tracking the broader market, Tron’s TRX fell to a late morning low $0.024751 before making a move.

Steering clear of the first major support level at $0.02470, Tron’s TRX struck a late morning intraday high $0.026001.

Coming up against the first major resistance level at $0.02599, however, Tron’s TRX slid to a late afternoon intraday low $0.024466.

Tron’s TRX fell through the first major support level at $0.02470 before briefly revisiting $0.0253 levels.

A bearish end to the day, however, saw Tron’s TRX fall back to end the day at sub-$0.025 levels.

At the time of writing, Tron’s TRX was up by 0.42% to $0.024942. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.024447 before rising to a high $0.025163.

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

TRX/USD 10/11/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move back through the $0.02510 pivot level to support a run at the first major resistance level at $0.02574.

Support from the broader market would be needed, however, for Tron’s TRX to break back out from the morning high $0.025163.

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

Failure to move back through the $0.02510 pivot level would bring the first major support level at $0.02420 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.024 levels. The second major support level sits at $0.02357.

Looking at the Technical Indicators

First Major Support Level: $0.02420

First Major Resistance Level: $0.02574

23.6% FIB Retracement Level: $0.0291

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 – November 9th, 2020

EOS

EOS rose by 1.66% on Sunday. Reversing a 1.57% fall from Saturday, EOS ended the week up by 0.80% to $2.5387.

It was a mixed start to the day. EOS fell to an early morning high $2.4810 before making a move.

Steering clear of the first major support level at $2.4041, EOS rallied to a mid-afternoon intraday high $2.5761.

Falling well short of the first major resistance level at $2.6137, EOS fell back to $2.50 levels before finding late support.

A bullish end to the day supported a move back through to $2.53 levels to deliver the upside for the day.

At the time of writing, EOS was up by 0.37% to $2.5481. A mixed start to the day saw EOS fall to an early morning low $2.5275 before rising to a high $2.5626.

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

EOS/USD 09/11/20 Hourly Chart

For the day ahead

EOS would need to avoid a fall through the $2.5319 pivot level to support a run at the first major resistance level at $2.5829.

Support from the broader market would be needed, however, for EOS to break out from Sunday’s high $2.5761.

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

Failure to avoid a fall through the pivot level at $2.5319 would bring the first major support level at $2.4878 into play.

Barring an extended sell-off, however, EOS should steer of sub-$2.45 levels. The second major support level sits at $2.4368.

Looking at the Technical Indicators

First Major Support Level: $2.4878

First Major resistance Level: $2.5829

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 2.32% on Sunday. Partially reversing a 5.35% slide from Saturday, Stellar’s Lumen ended the week up by 3.55% to $0.08147.

A mixed start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.07879 before making a move.

Steering clear of the first major support level at $0.07615, Stellar’s Lumen rallied to a mid-afternoon intraday high $0.08292.

Falling well short of the first major resistance level at $0.08476, Stellar’s Lumen eased back to sub-$0.081 levels.

A bullish end to the day saw Stellar’s Lumen revisit $0.082 levels before ending the day at sub-$0.082.

At the time of writing, Stellar’s Lumen was up by 0.25% to $0.081673. A mixed start to the day saw Stellar’s Lumen

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

XLM/USD 09/11/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.08106 pivot to support a run at the first major resistance level at $0.08333.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Sunday’s high $0.08292.

Barring a broad-based crypto rally, the first major resistance level would likely cap any upside.

Failure to avoid a fall through the $0.08106 pivot level would bring the first major support level at $0.07920 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer well clear of the second major support level at $0.07693.

Looking at the Technical Indicators

First Major Support Level: $0.07920

First Major Resistance Level: $0.08333

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX rose by 2.56% on Sunday. Partially reversing a 4.90% slide from Saturday, Tron’s TRX ended the week down by 1.29% to $0.02540.

It was a bearish start to the day. Tron’s TRX fell to an early morning intraday low $0.02459 before making a move.

Steering clear of the first major support level at $0.02372, Tron’s TRX struck a late afternoon intraday high $0.02588.

Falling short of the first major resistance level at $0.02652, however, Tron’s TRX fell back to wrap up the day at $0.0254 levels.

At the time of writing, Tron’s TRX was down by 0.21% to $0.02535. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.025151 before rising to a high $0.025610.

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

TRX/USD 09/11/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through the $0.02529 pivot level to support a run at the first major resistance level at $0.02599.

Support from the broader market would be needed, however, for Tron’s TRX to break back out from Sunday’s high $0.02588.

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

Failure to avoid a fall through the $0.02529 pivot level would bring the first major support level at $0.02470 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.024 levels. The second major support level at $0.02401 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $0.02470

First Major Resistance Level: $0.02599

23.6% FIB Retracement Level: $0.0291

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 – November 5th, 2020

EOS

EOS fell by 0.65% on Wednesday. Following on from a 2.7% slide on Tuesday, EOS ended the day at $2.3535.

It was a bearish start to the day. EOS fell from an early morning high $2.3784 to a late morning intraday low $2.2891.

Steering clear of the first major support level at $2.2495, EOS struck a late afternoon intraday high $2.3945.

Falling well short of the first major resistance level at $2.4707, EOS fell back to sub-$2.36 levels and into the red.

At the time of writing, EOS was up by 0.29% to $2.3603. A mixed start to the day saw EOS rise to an early morning high $2.3705 before falling to a low $2.3497.

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

EOS/USD 05/11/20 Hourly Chart

For the day ahead

EOS would need to avoid a fall through the $2.3457 pivot level to support a run at the first major resistance level at $2.4023.

Support from the broader market would be needed, however, for EOS to break out from Wednesday’s high $2.3945.

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

Failure to avoid a fall through the pivot level at $2.2357 would bring the first major support level at $2.2969 into play.

Barring another extended sell-off, however, EOS should steer of sub-$2.20 levels. The second major support level at $2.2403 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $2.2969

First Major resistance Level: $2.4023

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 1.13% on Wednesday. Following on from a 0.16% decline on Tuesday, Stellar’s Lumen ended the day at $0.074609.

A bullish start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.075744 before hitting reverse.

Falling well short of the first major resistance level at $0.07680, Stellar’s Lumen slid to an early afternoon intraday low $0.072643.

The sell-off saw Stellar’s Lumen fall through the first major support level at $0.07365 before finding support.

Late in the day, Stellar’s Lumen briefly revisited $0.075 levels before falling back to end the day at sub-$0.075 levels.

At the time of writing, Stellar’s Lumen was up by 0.35% to $0.074872. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.074615 before rising to a high $0.075047.

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

XLM/USD 05/11/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.07433 pivot to support a run at the first major resistance level at $0.07602.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.076 levels.

Barring another broad-based crypto rally, the first major resistance level would likely cap any upside.

Failure to avoid a fall through the $0.07433 pivot level would bring the first major support level at $0.07292 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.07123.

Looking at the Technical Indicators

First Major Support Level: $0.07292

First Major Resistance Level: $0.07602

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX fell by 0.88% on Wednesday. Following on from a 0.05% decline on Tuesday, Tron’s TRX ended the day at $0.024215.

It was a bearish start to the day. Tron’s TRX fell to a mid-morning intraday low $0.023526 before making a move.

Steering clear of the first major support level at $0.02334, Tron’s TRX struck a late afternoon intraday high $0.024628.

Falling short of the first major resistance level at $0.02508, however, Tron’s TRX fell back to end the day at $0.0242 levels.

At the time of writing, Tron’s TRX was down by 0.24% to $0.024156. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.024458 before falling to a low $0.024063.

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

TRX/USD 05/11/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through the $0.02412 pivot level to support a run at the first major resistance level at $0.02472.

Support from the broader market would be needed, however, for Tron’s TRX to break back out from Wednesday’s high $0.024628.

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

Failure to avoid a fall back through the $0.02412 pivot level would bring the first major support level at $0.02362 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.023 levels. The second major support level at $0.02302 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $0.02362

First Major Resistance Level: $0.02472

23.6% FIB Retracement Level: $0.0291

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 – November 4th, 2020

EOS

EOS slid by 2.7% on Tuesday. Following on from a 3.33% decline on Monday, EOS ended the day at $2.3702.

It was a mixed start to the day. EOS rose to an early morning intraday high $2.4505 before hitting reverse.

Falling sort of the first major resistance level at $2.5226, EOS slid to an early morning intraday low $2.2293.

EOS fell the first major support level at $2.3776 and the second major support level at $2.3204.

Finding support through the late morning, however, EOS recovered to $2.37 levels to limit the downside.

The first major support level at $2.3776 pinned EOS back in the 2nd half of the day.

At the time of writing, EOS was down by 1.29% to $2.3395. A mixed start to the day saw EOS rise to an early morning high $2.3784 before falling to a low $2.3251.

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

EOS/USD 04/11/20 Hourly Chart

For the day ahead

EOS would need to move through the $2.3500 pivot level to support a run at the first major resistance level at $2.4707.

Support from the broader market would be needed, however, for EOS to break out from Tuesday’s high $2.4505.

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

Failure to move through the pivot level at $2.3500 would bring the first major support level at $2.2495 into play.

Barring another extended sell-off, however, EOS should steer of sub-$2.20 levels and the second major support level at $2.1288.

Looking at the Technical Indicators

First Major Support Level: $2.2495

First Major resistance Level: $2.4707

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 0.16% on Tuesday. Following on from a 3.82% slide on Monday, Stellar’s Lumen ended the day at $0.075476.

A bullish start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.076298 before hitting reverse.

Falling well short of the first major resistance level at $0.07832, Stellar’s Lumen slid to an early morning intraday low $0.073144.

The sell-off saw Stellar’s Lumen fall through the first major support level at $0.07422 before finding support.

Stellar’s Lumen briefly revisited $0.076 levels in the late morning before a 2nd sell-off. The reversal saw Stellar’s Lumen fall back through the first major support level before wrapping up the day at $0.0754 levels.

At the time of writing, Stellar’s Lumen was down by 0.74% to $0.074915. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.075664 before falling to a low $0.074494.

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

XLM/USD 04/11/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.07497 pivot to support a run at the first major resistance level at $0.07680.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.076 levels.

Barring another broad-based crypto rally, the first major resistance level would likely cap any upside.

Failure to move through the $0.07497 pivot level would bring the first major support level at $0.07365 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.07182.

Looking at the Technical Indicators

First Major Support Level: $0.07365

First Major Resistance Level: $0.07680

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX slipped by 0.05% on Tuesday. Following a 5.13% slide on Monday, Tron’s TRX ended the day at $0.02443.

It was a bearish start to the day. Tron’s TRX fell to an early morning intraday low $0.02290 before making a move.

The sell-off saw Tron’s TRX fall through the first major support level at $0.02372 and the second major support level at $0.02303.

Finding support through the late morning, Tron’s TRX rallied to an early afternoon intraday high $0.02464 before sliding back.

Falling well short of the first major resistance level at $0.02558, Tron’s TRX fell back to sub-$0.024 levels before finding late support.

Steering clear of the first major support level at $0.02372, Tron’s TRX moved back through to $0.0244 levels to limit the downside.

At the time of writing, Tron’s TRX was down by 1.37% to $0.024098. A bearish start to the day saw Tron’s TRX fall from an early morning high $0.02461 to a low $0.02382.

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

TRX/USD 04/11/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through the $0.02399 pivot level to support a run at the first major resistance level at $0.02508.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.025 levels.

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

Failure to avoid a fall through the $0.02399 pivot level would bring the first major support level at $0.02334 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.022 levels. The second major support level at $0.02225 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $0.02334

First Major Resistance Level: $0.02508

23.6% FIB Retracement Level: $0.0291

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 – November 3rd, 2020

EOS

EOS fell by 3.33% on Monday. Following on from a 0.49% decline on Sunday, EOS ended the day at $2.4347.

It was a mixed start to the day. EOS rose to an early morning intraday high $2.5533 before hitting reverse.

Falling sort of the first major resistance level at $2.5691, EOS slid to an early afternoon intraday low $2.4083.

EOS fell the first major support level at $2.4579 before steadying. Steering clear of sub-$2.40 support levels, EOS briefly revisited $2.46 levels.

A bearish end to the day, however, saw EOS fall back through the first major support level to end the day at $2.43 levels.

At the time of writing, EOS was up by 0.12% to $2.4376. A mixed start to the day saw EOS fall to an early morning low $2.4210 before rising to a high $2.4443.

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

EOS/USD 03/11/20 Hourly Chart

For the day ahead

EOS would need to move through the $2.4654 pivot level to support a run at the first major resistance level at $2.5226.

Support from the broader market would be needed, however, for EOS to break back through to $2.52 levels.

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

Failure to move through the pivot level at $2.4654 would bring the first major support level at $2.3776 into play.

Barring another extended sell-off, however, EOS should steer of sub-$2.35 levels and the second major support level at $2.3204.

Looking at the Technical Indicators

First Major Support Level: $2.3776

First Major resistance Level: $2.5226

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 3.82% on Monday. Reversing a 1.19% gain from Sunday, Stellar’s Lumen ended the day at $0.075672.

A bullish start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.079519 before hitting reverse.

Stellar’s Lumen broke through the first major resistance level at $0.07942 before sliding to a final hour intraday low $0.075417.

The sell-off saw Stellar’s Lumen fall through the first major support level at $0.07721 and the second major support level at $0.07574.

At the time of writing, Stellar’s Lumen was down by 0.04% to $0.075639. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.075233 before rising to a high $0.075743

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

XLM/USD 03/11/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.07687 pivot to support another run at the first major resistance level at $0.07832.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.078 levels.

Barring another broad-based crypto rally, the first major resistance level would likely cap any upside.

Failure to move through the $0.07687 pivot level would bring the first major support level at $0.07422 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.07277.

Looking at the Technical Indicators

First Major Support Level: $0.07422

First Major Resistance Level: $0.07832

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX slid by 5.13% on Monday. Reversing a 0.26% gain from Sunday, Tron’s TRX ended the day at $0.024415.

It was a mixed start to the day. Tron’s TRX rose to an early morning intraday high $0.026044 before hitting reverse.

Falling short of the first major resistance level at $0.02623, Tron’s TRX slid to a mid-day intraday low $0.024193.

Tron’s TRX fell through the first major support level at $0.02543 and the second major support level at $0.02500.

Finding support at the third major support level at $0.02420 briefly revisited $0.02495 levels before easing back.

The second major support level at $0.025 pinned Tron’s TRX back in the 2nd half of the day.

At the time of writing, Tron’s TRX was down by 0.58% to $0.024272. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.024596 before falling to a low $0.023968.

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

TRX/USD 03/11/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move through the $0.02488 pivot level to support a run at the first major resistance level at $0.02558.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.025 levels.

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

Failure to move through the $0.02488 pivot level would bring the first major support level at $0.02372 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.023 levels. The second major support level at $0.02303 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $0.02372

First Major Resistance Level: $0.02558

23.6% FIB Retracement Level: $0.0291

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 – November 2nd, 2020

EOS

EOS slipped by 0.49% on Sunday. Partially reversing a 0.94% gain from Saturday, EOS ended the week down by 7.11% to $2.5185.

It was a mixed start to the day. EOS rose to an early morning intraday high $2.5590 before hitting reverse.

Falling sort of the first major resistance level at $2.6358, EOS fell to a late morning intraday low $2.4478.

Steering clear of the first major support level at $2.4258, EOS revisited $2.53 levels before easing back.

At the time of writing, EOS was down by 0.22% to $2.5130. A mixed start to the day saw EOS rise to an early morning high $2.5533 before falling to a low $2.5026.

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

EOS/USD 02/11/20 Hourly Chart

For the day ahead

EOS would need to avoid a fall through the $2.5084 pivot level to support a run at the first major resistance level at $2.5691.

Support from the broader market would be needed, however, for EOS to break back through to $2.56 levels.

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

Failure to avoid a fall through the pivot level at $2.5084 would bring the first major support level at $2.4579 into play.

Barring another extended sell-off, however, EOS should steer of sub-$2.45 levels and the second major support level at $2.3972.

Looking at the Technical Indicators

First Major Support Level: $2.4579

First Major resistance Level: $2.5691

23.6% FIB Retracement Level: $

38% FIB Retracement Level: $9.68

62% FIB Retracement Level: $14.77

Stellar’s Lumen

Stellar’s Lumen rose by 1.19% on Sunday. Following on from a 1.35% gain on Saturday, Stellar’s Lumen ended the week down by 5.39% to $0.078676.

A bearish start to the day saw Stellar’s Lumen fall to a mid-day intraday low $0.076485 before making a move.

Steering clear of the first major support level at $0.07634, Stellar’s Lumen rose to a late intraday high $0.078692.

In spite of the late rally, Stellar’s Lumen came up short of the first major resistance level at $0.07957.

At the time of writing, Stellar’s Lumen was down by 0.65% to $0.078166. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.079519 before falling to a low $0.077985.

Stellar’s Lumen broke through the first major resistance level at $0.07942 early on.

XLM/USD 02/11/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.07795 pivot to support another run at the first major resistance level at $0.07942.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.079 levels.

Barring another broad-based crypto rally, the first major resistance level would likely cap any upside.

Failure to avoid a fall through the $0.07795 pivot level would bring the first major support level at $0.07721 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.07574.

Looking at the Technical Indicators

First Major Support Level: $0.07721

First Major Resistance Level: $0.07942

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX rose by 0.26% on Sunday. Following on from a 0.74% gain from Saturday, Tron’s TRX ended the week down by 4.16% to $0.025873.

It was a mixed start to the day. Tron’s TRX rose to an early morning intraday high $0.026146 before hitting reverse.

Falling short of the first major resistance level at $0.02718, Tron’s TRX slid to an early morning intraday low $0.025351.

Steering clear of the first major support level at $0.02466, Tron’s TRX revisited $0.0259 levels before easing back.

Resistance at $0.026 pinned Tron’s TRX back late in the day.

At the time of writing, Tron’s TRX was down by 0.67% to $0.025698. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.026044 before falling to a low $0.025543.

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

TRX/USD 02/11/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move back through the $0.02579 pivot level to support another run at the first major resistance level at $0.02623.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.026 levels.

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

Failure to move through the $0.02579 pivot level would bring the first major support level at $0.02543 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.025 levels. The second major support level at $0.02500 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $0.02543

First Major Resistance Level: $0.02623

23.6% FIB Retracement Level: $0.0291

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