EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – December 17th, 2020

EOS

EOS rallied by 8.52% on Wednesday. Following on from a 0.56% gain on Tuesday, EOS ended the day at $3.1066.

A bearish start to the day saw EOS fall to an early morning intraday low $2.8179 before making a move

Steering clear of the first major support level at $2.8085, EOS surged to a late intraday high $3.1188.

EOS broke through major resistance levels to test resistance at $3.12 before easing back

In spite of easing back, EOS avoided a fall back through the third major resistance level at $3.0616.

At the time of writing, EOS was up by 0.27% to $3.1150. A mixed start to the day saw EOS fall to an early morning low $3.0895 before rising to a high $3.1429.

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

EOSUSD 171220 Daily Chart

For the day ahead

EOS would need to avoid a fall through the $3.0144 pivot level to support a run at the first major resistance level at $3.2110.

Support from the broader market would be needed, however, for EOS to break out from $3.15 levels.

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

In the event of another extended rally, the second major resistance level at $3.3153 could come into play.

Failure to avoid a fall through the pivot level at $3.0144 would bring the first major support level at $2.9101 into play.

Barring an extended sell-off, however, EOS should steer of sub-$2.90 levels. The second major support level sits at $2.7135.

Looking at the Technical Indicators

First Major Support Level: $2.9101

First Major resistance Level: $3.2110

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 16.42% on Wednesday. Reversing a 2.37% slide from Tuesday, Stellar’s Lumen ended the day at $0.19350.

A bearish start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.15900 before making a move.

Stellar’s Lumen fell through the first major support level at $0.16138 before surging to a late intraday high $0.19480.

The rally saw Stellar’s Lumen break through the major resistance levels to wrap up the day at $0.19 levels.

At the time of writing, Stellar’s Lumen was down by 1.22% to $0.19115. A mixed start to the day saw Stellar’s Lumen jump to an early morning high $0.2010 before falling to a low $0.18801.

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

XLMUSD 171220 Daily Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.18243 pivot level to support another run at the first major resistance level at $0.20587.

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

Barring an 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 $0.21 before any pullback. The second major resistance level sits at $0.21823.

Failure to avoid a fall through the pivot level at $0.18243 would bring the first major support level at $0.17007 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 sits at $0.14663.

Looking at the Technical Indicators

First Major Support Level: $0.17007

First Major Resistance Level: $0.20587

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 7.03% on Wednesday. Following on from a 0.17% gain on Tuesday, Tron’s TRX ended the day at $0.031408.

It was a mixed start to the day. Tron’s TRX fell to an early morning intraday low $0.028651 before making a move.

The pullback saw Tron’s TRX fall through the 23.6% FIB of $0.0291 and the first major support level at $0.02871.

Finding support in the late morning, however, Tron’s TRX surged to a late intraday high $0.03702.

Tron’s TRX broke through the first major resistance level at $0.02985 and the second major resistance level at $0.03035.

More significantly, Tron’s TRX also broke back through the 23.6% FIB of $0.0291 to wrap up the day at $0.031 levels.

At the time of writing, Tron’s TRX was down by 0.66% to $0.03120. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.032130 before falling to a low $0.031016.

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

TRXUSD 171220 Daily Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through the $0.03059 pivot to support a run at the first major resistance level at $0.03252.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the morning high $0.032130.

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

In the event of another breakout, Tron’s TRX could test resistance at $0.033 before any pullback. The second major resistance level sits at $0.03364.

Failure to avoid a fall through the $0.03059 pivot would bring the first major support level at $0.02947 into play.

Barring another extended sell-off on the day, Tron’s TRX should steer clear of the second major support level at $0.02754. The 23.6% FIB of $0.0291 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $0.02947

First Major Resistance Level: $0.03252

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 16th, 2020

EOS

EOS rose by 0.56% on Tuesday. Reversing a 0.11% decline from Monday, EOS ended the day at $2.8628.

A relatively choppy morning saw EOS fall to a mid-morning intraday low $2.8023 before making a move

Finding support at the first major support level at $2.8044, EOS rose to a late afternoon intraday high $2.9048.

EOS broke through the first major resistance level at $2.8757 before falling back to end the day at $2.86 levels.

At the time of writing, EOS was down by 0.53% to $2.8476. A mixed start to the day saw EOS rise to an early morning high $2.8684 before falling to a low $2.8261.

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

EOSUSD 161220 Daily Chart

For the day ahead

EOS would need to move back through the $2.8566 pivot level to support a run at the first major resistance level at $2.9110.

Support from the broader market would be needed, however, for EOS to break back through to $2.90 levels.

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $2.9048 would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $2.95 before any pullback. The second major resistance level sits at $2.9591.

Failure to move back through the pivot level at $2.8566 would bring the first major support level at $2.8085 into play.

Barring an extended sell-off, however, EOS should steer of the second major support level at $2.7541.

Looking at the Technical Indicators

First Major Support Level: $2.8085

First Major resistance Level: $2.9110

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 2.37% on Tuesday. Following a 3.27% slide from Monday, Stellar’s Lumen ended the day at $0.16608.

A bullish start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.17697 before hitting reverse.

Coming up against the first major resistance level at $0.17701, Stellar’s Lumen slid to a late intraday low $0.16447.

Stellar’s Lumen fell through the first major support level at $0.16505 before a partial recovery to $0.166 levels.

At the time of writing, Stellar’s Lumen was down by 2.04% to $0.16269. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.16631 before sliding to a low $0.16000.

Stellar’s Lumen fell through the first major support level at $0.16138 early on.

XLMUSD 161220 Daily Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.16917 pivot level to support a run at the first major resistance level at $0.17387.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.17 levels.

Barring an 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 $0.18 before any pullback. The second major resistance level sits at $0.18167.

Failure to move through the pivot level at $0.16917 would bring the first major support level at $0.16138 back into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.15667.

Looking at the Technical Indicators

First Major Support Level: $0.16138

First Major Resistance Level: $0.17387

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 0.17% on Tuesday. Following a 0.64% gain from Monday, Tron’s TRX ended the day at $0.029347.

It was a mixed start to the day. Tron’s TRX rose to an early morning high $0.029547 before hitting reverse.

While falling short of the first major resistance level at $0.02965, Tron’s TRX broke through the 23.6% FIB of $0.0291.

The reversal, however, saw Tron’s TRX fall to a mid-morning intraday low $0.028575 before making a move.

Tron’s TRX fell through the first major support level at $0.02869 before rallying to a late intraday high $0.029716.

The rally saw Tron’s TRX break back through the 23.6% FIB before falling back into the red. Late in the day, Tron’s TRX moved back through the 23.6% FIB to end the day at $0.0293 levels. The first major resistance level at $0.02965 had pinned Tron’s TRX back late on.

At the time of writing, Tron’s TRX was down by 1.88% to $0.028794. A bearish start to the day saw Tron’s TRX slide from an early morning high $0.029385 to a low $0.028724.

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

TRXUSD 161220 Daily Chart

For the Day Ahead

Tron’s TRX would need to move back through the 23.6% FIB and the $0.02921 pivot to support another run at the first major resistance level at $0.02985.

Support from the broader market would be needed, however, for Tron’s TRX to break out from $0.02950 levels.

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $0.029716 would likely cap any upside.

In the event of a breakout, Tron’s TRX could test resistance at $0.030 before any pullback. The second major resistance level sits at $0.03035.

Failure to move back through the 23.6% FIB and the $0.02921 pivot would bring the first major support level at $0.02871 back into play.

Barring another extended sell-off on the day, Tron’s TRX should steer clear of sub-$0.028 levels. The second major support level at $0.02807 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.02871

First Major Resistance Level: $0.02985

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 15th, 2020

EOS

EOS fell by 0.11% on Monday. Following a 2.93% rally on Sunday, EOS ended the day at $2.8449.

A relatively choppy morning saw EOS fall to a mid-day intraday low $2.7948 before finding support.

Steering clear of the first major support level at $2.7523, EOS rose to a mid-afternoon intraday high $2.8661 before easing back.

Falling short of the first major resistance level at $2.9232, EOS fell back to $2.80 levels before a late partial recovery.

At the time of writing, EOS was up by 0.20% to $2.8507. A mixed start to the day saw EOS rise to an early morning high $2.8740 before falling to a low $2.8255.

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

EOSUSD 151220 Daily Chart

For the day ahead

EOS would need to avoid a fall back through the $2.8353 pivot level to support another run at the first major resistance level at $2.8757.

Support from the broader market would be needed, however, for EOS to break out from the morning high $2.8740.

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 $2.90 before any pullback. The second major resistance level sits at $2.9066.

Failure to avoid a fall back through the pivot level at $2.8353 would bring the first major support level at $2.8044 into play.

Barring an extended sell-off, however, EOS should steer of the second major support level sat $2.7640.

Looking at the Technical Indicators

First Major Support Level: $2.8044

First Major resistance Level: $2.8757

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 3.27% on Monday. Partially reversing a 10.71% rally from Sunday, Stellar’s Lumen ended the day at $0.17023.

A bullish start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.17861 before hitting reverse.

Falling short of the first major resistance level at $0.18529, Stellar’s Lumen slid to a late intraday low $0.16665.

Steering clear of the first major support level at $0.16114, however, Stellar’s Lumen moved back through to $0.17 levels to limit the loss.

At the time of writing, Stellar’s Lumen was up by 0.79% to $0.17157. A bullish start to the day saw Stellar’s Lumen rise from an early morning low $0.17011 to a high $0.17260.

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

XLMUSD 151220 Daily Chart

For the day ahead

Stellar’s Lumen would need to move back through the $0.17183 pivot level to support a run at the first major resistance level at $0.17701.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from $0.1750 levels.

Barring an 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 $0.18 before any pullback. The second major resistance level sits at $0.18379.

Failure to move back through the pivot level at $0.17183 would bring the first major support level at $0.16505 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 $0.15987.

Looking at the Technical Indicators

First Major Support Level: $0.16505

First Major Resistance Level: $0.17701

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 0.64% on Monday. Following on from a 2.57% gain on Sunday, Tron’s TRX ended the day at $0.029297.

It was a mixed start to the day. Tron’s TRX rose to an early morning intraday high $0.02939 before hitting reverse.

While falling short of the first major resistance level at $0.02993, Tron’s TRX broke through the 23.6% FIB of $0.0291.

The reversal, however, saw Tron’s TRX fall to an early afternoon intraday low $0.028433.

Steering clear of the first major support level at $0.02823, Tron’s TRX moved back through the 23.6% FIB to end the day in the green.

At the time of writing, Tron’s TRX was down by 0.31% to $0.029205. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.02950 before falling to a low $0.028871.

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

TRXUSD 151220 Daily Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through the 23.6% FIB and the $0.02904 pivot to support another run at the first major resistance level at $0.02965.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the morning high $0.02950.

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

In the event of another breakout, Tron’s TRX could test resistance at $0.030 before any pullback. The second major resistance level sits at $0.0300.

Failure to avoid a fall back through the 23.6% FIB and the $0.02904 pivot would bring the first major support level at $0.02869 back into play.

Barring another extended sell-off on the day, Tron’s TRX should steer clear of sub-$0.028 levels. The second major support level at $0.02808 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $

First Major Resistance Level: $

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 14th, 2020

EOS

EOS rose by rose by 2.93% on Sunday. Following on from a 2.88% gain on Saturday, EOS ended the week down by 5.11% to $2.8475.

A bearish start to the day saw EOS fall to an early morning intraday low $2.7327 before making a move.

Steering clear of the first major support level at $2.6955, EOS rallied to a late afternoon intraday high $2.9036.

EOS broke through the first major resistance level at $2.8247 and the second major resistance level at $2.8798.

A bearish end to the day, however, saw EOS fall back through the second major resistance level to end the day at $2.84 levels.

At the time of writing, EOS was down by 1.02% to $2.8185. A mixed start to the day saw EOS rise to an early morning high $2.8536 before falling to a low $2.8166.

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

EOSUSD 141220 Hourly Chart

For the day ahead

EOS would need to move back through the $2.8279 pivot level to support a run at the first major resistance level at $2.9232.

Support from the broader market would be needed, however, for EOS to break out from Sunday’s high $2.9036.

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 $3.00 before any pullback. The second major resistance level sits at $2.9988.

Failure to move back through the pivot level at $2.8279 would bring the first major support level at $2.7523 into play.

Barring another extended sell-off, however, EOS should steer of sub-$2.70 levels. The second major support level sits at $2.6570.

Looking at the Technical Indicators

First Major Support Level: $2.7523

First Major resistance Level: $2.9232

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 10.71% on Sunday. Following on from a 5.24% gain on Saturday, Stellar’s Lumen ended the week flat at $0.1760.

A mixed start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.15555 before making a move.

Steering clear of the first major support level at $0.15088, Stellar’s Lumen surged to a late intraday high $0.17970.

The extended rally saw Stellar’s Lumen break through the first major resistance level at $0.16597 and the second major resistance level at $0.17307.

A choppy end to the day saw Stellar’s Lumen briefly fall back through the second major resistance level before wrapping up the day at $0.176 levels.

At the time of writing, Stellar’s Lumen was down by 1.66% to $0.17308. A bearish start to the day saw Stellar’s Lumen fall from an early morning high $0.17598 to a low $0.17308.

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

XLMUSD 141220 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.17042 pivot level to support a run at the first major resistance level at $0.18529.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.18 levels.

Barring an 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 $0.19 before any pullback. The second major resistance level sits at $0.19457.

A fall through the pivot level at $0.17042 would bring the first major support level at $0.16114 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.15 levels. The second major support level sits at $0.14627.

Looking at the Technical Indicators

First Major Support Level: $0.16114

First Major Resistance Level: $0.18529

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 2.57% on Sunday. Following on from a 2.32% gain on Saturday, Tron’s TRX ended the week down by 5.50% to $0.029127.

It was a mixed start to the day. Tron’s TRX fell to an early morning intraday low $0.028128 before making a move.

Steering clear of the first major support level at $0.02716, Tron’s TRX rallied to a late afternoon intraday high $0.029830.

Tron’s TRX broke through the 23.6% FIB of $0.0291 and the first major resistance level at $0.02971 before falling back to sub-$0.029 levels.

Finding late support, however, Tron’s TRX broke back through the 23.6% FIB to end the day at $0.02912 levels.

At the time of writing, Tron’s TRX was down by 0.76% to $0.028905. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.02930 before falling to a low $0.02871.

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

TRXUSD 141220 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move back through the $0.02903 pivot and 23.6% FIB to support a run at the first major resistance level at $0.02993.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Sunday’s high $0.02983.

Barring an extended crypto rally, the first major resistance level and resistance at $0.030 would likely cap any upside.

In the event of another breakout, the second major resistance level at $0.03073 would likely come into play.

Failure to move back through the $0.02903 pivot and 23.6% FIB would bring the first major support level at $0.02823 into play.

Barring another extended sell-off on the day, Tron’s TRX should steer clear of sub-$0.028 levels. The second major support level sits at $0.02733.

Looking at the Technical Indicators

First Major Support Level: $0.02823

First Major Resistance Level: $0.02993

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 10th, 2020

EOS

EOS rose by 0.42% on Wednesday. Partially reversing a 5.14% slide from Tuesday, EOS ended the day at $2.8113.

A bearish start to the day saw EOS fall to a late morning intraday low $2.6602 before making a move.

EOS fell through the first major support level at $2.7012 before striking a late intraday high $2.8383.

Falling short of the first major resistance level at $2.9342, EOS eased back to end the day at $2.81 levels.

At the time of writing, EOS was down by 0.55% to $2.7960. A mixed start to the day saw EOS rise to an early morning high $2.8177 before falling to a low $2.7803.

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

EOSUSD 101220 Daily Chart

For the day ahead

EOS would need to avoid a fall through the $2.7669 pivot level to support a run at the first major resistance level at $2.8797.

Support from the broader market would be needed, however, for EOS to break out from Wednesday’s high $2.8383.

Barring an extended crypto rally, the first major resistance level and resistance at $2.90 would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $3.00 before any pullback. The second major resistance level sits at $2.9480.

A fall through the pivot level at $2.7699 would bring the first major support level at $2.7016 into play.

Barring another extended sell-off, however, EOS should steer of sub-$2.70 levels. The second major support level sits at $2.5918.

Looking at the Technical Indicators

First Major Support Level: $2.7016

First Major resistance Level: $2.8797

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 jumped by 12.84% on Wednesday. Reversing a 9.32% tumble from Tuesday, Stellar’s Lumen ended the day at $0.17214.

A mixed start to the day saw Stellar’s Lumen slide to a late morning intraday low $0.13950 before making a move.

Stellar’s Lumen fell through the first major support level at $0.14494 before surging to a late intraday high $0.17500.

The extended rally saw Stellar’s Lumen break through the first major resistance level at $0.16526 to end the day at $0.172 levels.

At the time of writing, Stellar’s Lumen was up by 0.69% $0.17332. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.17768 before falling to a low $0.17140.

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

XLMUSD 101220 Daily Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.16221 pivot level to support a run at the first major resistance level at $0.18493.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.18 levels.

Barring an 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 $0.19 before any pullback. The second major resistance level sits at $0.19771.

A fall through the pivot level at $0.16221 would bring the first major support level at $0.14943 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.14 levels. The 38.2% FIB sits at $0.1333, with the second major support level at $0.12671.

Looking at the Technical Indicators

First Major Support Level: $0.14943

First Major Resistance Level: $0.18493

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 3.34% on Wednesday. Partially reversing a 7.55% slide from Tuesday, Tron’s TRX ended the day at $0.02876.

It was a mixed start to the day. Tron’s TRX slid to a late morning intraday low $0.02681 before making a move.

Steering clear of the first major support level at $0.02667, Tron’s TRX rallied to a late intraday high $0.02905.

Falling short of the first major resistance level at $0.02996, Tron’s TRX eased back to end the day at sub-$0.019 levels.

The 23.6% FIB of $0.0291 pinned Tron’s TRX back late in the day.

At the time of writing, Tron’s TRX was up by 0.04% to $0.02878. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.02896 before falling to a low $0.02832.

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

TRXUSD 101220 Daily Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through the $0.02821 pivot level to support a run at the first major resistance level at $0.02960.

Support from the broader market would be needed, however, for Tron’s TRX to break back through the 23.6% FIB of $0.0291.

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

In the event of another breakout, the second major resistance level at $0.03045 would likely come into play.

A fall through the $0.028210 pivot level would bring the first major support level at $0.02736 into play.

Barring another extended sell-off on the day, Tron’s TRX should steer clear of sub-$0.026 levels. The second major support level sits at $0.02597.

Looking at the Technical Indicators

First Major Support Level: $0.02736

First Major Resistance Level: $0.02960

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 9th, 2020

EOS

EOS slid by 5.14% on Tuesday. Following on from a 1.67% fall on Monday, EOS ended the day at $2.8006.

A relatively bullish start to the day saw EOS rise to a mid-morning intraday high $2.9684 before hitting reverse.

Falling short of the first major resistance level at $3.0079, EOS slid to a late intraday low $2.7354.

EOS fell through the first major support level at $2.8959 and the second major support level at $2.8409.

Finding late support, EOS moved back through to $2.80 levels to reduce the deficit on the day.

At the time of writing, EOS was down by 0.37% to $2.7902. A mixed start to the day saw EOS rise to an early morning high $2.8163 before falling to a low $2.7669.

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

EOSUSD 091220 Hourly Chart

For the day ahead

EOS would need to move through the $2.8348 pivot level to support a run at the first major resistance level at $2.9342.

Support from the broader market would be needed, however, for EOS to break back through to $2.90 levels.

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $2.9684 would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $3.00 before any pullback. The second major resistance level sits at $3.0678.

Failure to move through the pivot level at $2.8348 would bring the first major support level at $2.7012 into play.

Barring another extended sell-off, however, EOS should steer of sub-$2.70 levels. The second major support level sits at $2.6018.

Looking at the Technical Indicators

First Major Support Level: $2.7012

First Major resistance Level: $2.9342

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 tumbled by 9.32% on Tuesday. Following on from a 4.50% slide on Monday, Stellar’s Lumen ended the day at $0.15243.

A mixed start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.16859 before hitting reverse.

Falling short of the first major resistance level at $0.17497, Stellar’s Lumen slid to a late intraday low $0.14927.

The reversal saw Stellar’s Lumen fall through the first major support level at $0.16267 and the second major support level at $0.15724.

Finding support late in the day, Stellar’s Lumen moved back through to $0.1520 levels to limit the loss on the day.

At the time of writing, Stellar’s Lumen was down by 1.05% to $0.15083. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.15376 before falling to a low $0.15015.

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

XLMUSD 091220 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.15676 pivot level to support a run at the first major resistance level at $0.16426.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.16 levels.

Barring an 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 $0.17 before any pullback. The second major resistance level sits at $0.17608.

Failure to move through the pivot level at $0.15676 would bring the first major support level at $0.14494 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.14 levels. The second major support level sits at $0.13744, with the 38.2% FIB sitting at $0.1333.

Looking at the Technical Indicators

First Major Support Level: $0.14494

First Major Resistance Level: $0.16426

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 7.55% on Tuesday. Following on from a 1.71% decline on Monday, Tron’s TRX ended the day at $0.02802.

It was a mixed start to the day. Tron’s TRX rose to an early morning high $0.03054 before hitting reverse.

Falling short of the first major resistance level at $0.03102, Tron’s TRX slid to a late intraday low $0.02725.

Tron’s TRX fell through the day’s major support levels and the 23.6% FIB of $0.0291 before a partial recovery to $0.028 levels.

The partial recovery saw Tron’s TRX move back through the third major support level at $0.02764.

At the time of writing, Tron’s TRX was down by 0.29% to $0.027944. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.028103 before falling to a low $0.027415.

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

TRXUSD 091220 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move through the $0.02860 pivot level to support a run at the first major resistance level at $0.02996.

Support from the broader market would be needed, however, for Tron’s TRX to break back through the 23.6% FIB of $0.0291.

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $0.03054 would likely cap any upside.

In the event of another breakout, resistance at $0.031 would likely come into play. The second major resistance level sits at $0.03189.

Failure to move through the $0.02860 pivot level would bring the first major support level at $0.02667 into play.

Barring another extended sell-off on the day, Tron’s TRX should steer clear of sub-$0.025 levels. The second major support level at $0.02531 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $0.02667

First Major Resistance Level: $0.02996

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 8th, 2020

EOS

EOS fell by 1.67% on Monday. Following on from a 0.28% decline on Sunday, EOS ended the day at $2.9508.

A bullish start to the day saw EOS rise to a late afternoon intraday high $3.0100 before hitting reverse.

Falling short of the first major resistance level at $3.0587, however, EOS slid to a late intraday low $2.8980.

EOS fell through the first major support level at $2.9228 before a partial recovery to $2.95 levels.

At the time of writing, EOS was up by 0.19% to $2.9564. A mixed start to the day saw EOS fall to an early morning low $2.9368 before rising to a high $2.9650.

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

EOSUSD 081220 Hourly Chart

For the day ahead

EOS would need to avoid a fall back through the $2.9529 pivot level to support a run at the first major resistance level at $3.0079

Support from the broader market would be needed, however, for EOS to break back through to $3.00 levels.

Barring an extended crypto rally, the first major resistance level and Monday’s high $3.0100 would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $3.10 before any pullback. The second major resistance level sits at $3.0649.

A fall back through the pivot level at $2.9529 would bring the first major support level at $2.8959 into play.

Barring an extended sell-off, however, EOS should steer of sub-$2.80 levels. The second major support level at $2.8409 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $2.8959

First Major resistance Level: $3.0079

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 4.50% on Monday. Reversing a 2.28% gain from Sunday, Stellar’s Lumen ended the day at $0.16810.

A mixed start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.17642 before hitting reverse.

Falling short of the first major resistance level at $0.18182, Stellar’s Lumen slid to a late intraday low $0.16411.

The reversal saw Stellar’s Lumen fall through the first major support level at $0.16860.

Finding support late in the day, Stellar’s Lumen briefly revisited $0.16880 levels before easing back.

At the time of writing, Stellar’s Lumen was down by 0.36% to $0.16750. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.16839 before falling to a low $0.16690.

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

XLMUSD 081220 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.16954 pivot level to support a run at the first major resistance level at $0.17497.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.17 levels.

Barring an 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 $0.18 before any pullback. The second major resistance level sits at $0.18185.

Failure to move through the pivot level at $0.16954 would bring the first major support level at $0.16267 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.16 levels. The second major support level sits at $0.15724.

Looking at the Technical Indicators

First Major Support Level: $0.16267

First Major Resistance Level: $0.17497

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 1.71% Monday. Reversing a 1.13% gain from Sunday, Tron’s TRX ended the day at $0.03029.

It was a mixed start to the day. Tron’s TRX rose to an early morning high $0.03111 before hitting reverse.

Falling short of the first major resistance level at $0.03138, Tron’s TRX slid to a late intraday low $0.02974.

Tron’s TRX fell through the first major support level at $0.03011 before finding support.

Finding support at the 23.6% FIB of $0.029, Tron’s TRX recovered to $0.03 levels to reduce the deficit for the day.

At the time of writing, Tron’s TRX was up by 0.26% to $0.03037. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.03054 before falling to a low $0.02987.

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

TRXUSD 081220 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move back through the $0.03038 pivot level to support a run at the first major resistance level at $0.03102.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.031 levels.

Barring an extended crypto rally, the first major resistance level and Monday’s high $0.03111 would likely cap any upside.

In the event of another breakout, resistance at $0.03150 would likely come into play. The second major resistance level sits at $0.03175.

Failure to move back through the $0.03038 pivot level would bring the first major support level at $0.02965 into play.

Barring an extended sell-off on the day, Tron’s TRX should steer clear of sub-$0.029 levels. The 23.6% FIB of 0.0291 and the second major support level at $0.02901 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $0.02965

First Major Resistance Level: $0.03102

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 7th, 2020

EOS

EOS fell by 0.28% on Sunday. Partially reversing a 5.84% rally from Saturday, EOS ended the week down by 1.04% to $3.0001.

A bullish start to the day saw EOS rise to an early morning intraday high $3.0401 before hitting reverse.

Falling short of the first major resistance level at $3.0809, EOS slid to an early afternoon intraday low $2.9042.

Steering clear of the first major support level at $2.8806, EOS moved back through to $3.00 levels to reduce the deficit on the day.

At the time of writing, EOS was down by 0.78% to $2.9768. A mixed start to the day saw EOS rise to an early morning high $3.0079 before falling to a low $2.9669.

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

EOSUSD 071220 Hourly Chart

For the day ahead

EOS would need to move back through the $2.9815 pivot level to support a run at the first major resistance level at $3.0587.

Support from the broader market would be needed, however, for EOS to break out from Sunday’s high $3.0401.

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 $3.15 before any pullback. The second major resistance level sits at $3.1174.

Failure to move back through the pivot level at $2.9815 would bring the first major support level at $2.9228 into play.

Barring an extended sell-off, however, EOS should steer of sub-$2.90 levels. The second major support level sits at $2.8456.

Looking at the Technical Indicators

First Major Support Level: $2.9228

First Major resistance Level: $3.0587

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 2.28% on Sunday. Following on from a 6.54% rally on Saturday, Stellar’s Lumen ended the week down by 9.48% to $0.17602.

A bullish start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.18041 before hitting reverse.

Stellar’s Lumen broke through the first major resistance level at $0.1793 before sliding to an early afternoon intraday low $0.1672.

Steering clear of the first major support level at $0.1619, Stellar’s Lumen bounced back to $0.176 levels before easing back. A late rally reversed losses from the early afternoon.

At the time of writing, Stellar’s Lumen was down by 1.63% to $0.17304. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.17642 before falling to a low $0.17203.

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

XLMUSD 071220 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move back through the $0.17451 pivot level to support a run at the first major resistance level at $0.18182.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Sunday’s high $0.18041.

Barring an 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 $0.19 before any pullback. The second major resistance level sits at $0.18772.

Failure to move back through the pivot level at $0.17451 would bring the first major support level at $0.16860 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.16 levels. The second major support level at $0.16129 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $0.16860

First Major Resistance Level: $0.18182

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 1.13% on Sunday. Following on from a 3.39% gain on Saturday, Tron’s TRX ended the week up by 0.20% to $0.030815.

It was a mixed start to the day. Tron’s TRX rose to an early morning high $0.03115 before hitting reverse.

Falling short of the first major resistance level at $0.03122, Tron’s TRX slid to a mid-day intraday low $0.02996.

Steering clear of the first major support level at $0.02938, Tron’s TRX found support from the 23.6% FIB of $0.0291 going into the afternoon.

Tron’s TRX rallied to a final hour intraday high $0.03123 before easing back. Breaking back through to $0.030 levels, the first major resistance level at $0.03122 pinned Tron’s TRX back late in the day.

At the time of writing, Tron’s TRX was down by 0.71% to $0.03060. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.03109 before falling to a low $0.03053.

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

TRXUSD 071220 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move back through the $0.03067 pivot level to support a run at the first major resistance level at $0.03138.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Sunday’s high $0.03123.

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 $0.03194.

Failure to move back through the $0.03067 pivot level would bring the first major support level at $0.03011 into play.

Barring an extended sell-off on the day, Tron’s TRX should steer clear of the second major support level at $0.02940 and the 23.6% FIB of 0.0291.

Looking at the Technical Indicators

First Major Support Level: $0.03011

First Major Resistance Level: $0.03138

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 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