EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – October 20th, 2020

EOS

EOS rose by 1.35% on Monday. Following on from a 1.06% gain on Sunday, EOS ended the day at $2.5834.

A mixed start to the day saw EOS fall an early morning intraday low $2.5239 before making a move.

EOS fell through the first major support level at $2.5246 before rallying to a late afternoon intraday high $2.6151.

The rally saw EOS break through the first major resistance level at $2.5676 and the second major resistance level at $2.5859.

A late pullback, however, saw EOS fall back through the second major resistance level to end the day at sub-$2.5850 levels.

At the time of writing, EOS was down by 0.32% to $2.5751. A mixed start to the day saw EOS rise to an early morning high $2.5871 before falling to a low $2.5684.

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

EOS/USD 20/10/20 Hourly Chart

For the day ahead

EOS would need to avoid a fall back through the $2.5741 pivot level to support a run at the first major resistance level at $2.6244.

Support from the broader market would be needed, however, for EOS to break out from Monday’s high $2.6151.

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

Failure to avoid a fall back through the pivot level at $2.5741 would bring the first major support level at $2.5332 into play.

Barring another extended sell-off, however, EOS should steer of sub-$2.50 and the second major support level at $2.4829.

Looking at the Technical Indicators

First Major Support Level: $2.5332

First Major resistance Level: $2.6244

23.6% FIB Retracement Level: $6.52

38% FIB Retracement Level: $9.68

62% FIB Retracement Level: $14.77

Stellar’s Lumen

Stellar’s Lumen rallied by 7.19% on Monday. Reversing a 2.53% slide from Sunday, Stellar’s Lumen ended the day at $0.08518.

It was a bullish start to the day. Stellar’s Lumen rallied from an early morning intraday low $0.07939 to an early afternoon intraday high $0.08747.

The rally saw Stellar’s Lumen break through the day’s major resistance levels before an afternoon pullback.

Stellar’s Lumen fell back through the third major resistance level at $0.08629 to wrap up the day at $0.085 levels.

At the time of writing, Stellar’s Lumen was down by 0.34% to $0.084888. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.085321 before falling to a low $0.084087.

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

XLM/USD 20/10/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.08401 pivot to support a run at the first major resistance level at $0.08864.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Monday’s high $0.08747.

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

Failure to avoid a fall through the $0.08401 pivot level would bring the first major support level at $0.08056 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should continue to steer clear of sub-$0.080 levels. The second major support level sits at $0.07593.

Looking at the Technical Indicators

First Major Support Level: $0.08056

First Major Resistance Level: $0.08864

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX slipped by 0.12% on Monday. Partially reversing a 0.47% gain from Sunday, Tron’s TRX ended the day at $0.025999.

A mixed start to the day saw Tron’s TRX fall to an early morning intraday low $0.025509 before making a move.

Tron’s TRX fell the first major support level at $0.02550 before striking an early afternoon intraday high $0.026296.

Tron’s TRX broke through the first major resistance level at $0.02621 before sliding back to sub-$0.02580 levels,

Finding late support, Tron’s TRX moved back through to $0.0259 levels to limit the loss on the day.

At the time of writing, Tron’s TRX was down by 0.86% to $0.025775. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.02599 before falling to a low $0.02558.

Tron’s TRX left the first major support level at $0.02557 early on.

TRX/USD 20/10/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move through the $0.02593 pivot level to support a run at the first major resistance level at $0.02636.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Monday’s high $0.026296.

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

Failure to move through the $0.02593 pivot level would bring the first major support level at $0.02557 back into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of sub-$0.025 levels. The second major support level at $0.02515 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.02557

First Major Resistance Level: $0.02636

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 – October 19th, 2020

EOS

EOS rose by 1.06% on Sunday. Reversing a 0.69% loss from Saturday, EOS ended the week down by 4.12% to $2.5494.

It was a bullish start to the day. EOS rose from an early morning intraday low $2.5181 to an early afternoon intraday high $2.5611.

EOS broke through the first major resistance level at $2.5571 before falling back to sub-$2.54 levels.

Avoiding sub-$2.52 levels and the red, EOS move back through to $2.55 levels before wrapping up the week at $2.54 levels.

At the time of writing, EOS was down by 0.51% to $2.5363. A mixed start to the day saw EOS rise to an early morning high $2.5588 before falling to a low $2.5296.

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

EOS/USD 19/10/20 Hourly Chart

For the day ahead

EOS would need to move back through the $2.5429 pivot level to support a run at the first major resistance level at $2.5676.

Support from the broader market would be needed, however, for EOS to break out from Sunday’s high $2.5611.

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

Failure to move back through the pivot level at $2.5429 would bring the first major support level at $2.5246 into play.

Barring another extended sell-off, however, EOS should steer of sub-$2.50 and the second major support level at $2.4999.

Looking at the Technical Indicators

First Major Support Level: $2.5246

First Major resistance Level: $2.5676

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 2.53% on Sunday. Partially reversing a 2.92% gain from Saturday, Stellar’s Lumen ended the week up by 2.93% to $0.07947.

A mixed start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.08219 before hitting reverse.

Falling short of the first major resistance level at $0.08474, Stellar’s Lumen slid to a late intraday low $0.079185.

Steering clear of the first major support level at $0.07805, Stellar’s Lumen moved back through to $0.07940 levels to limit the loss.

At the time of writing, Stellar’s Lumen was up by 0.83% to $0.080127. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.079387 before rising to a high $0.080127.

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

XLM/USD 19/10/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.08028 pivot to support a run at the first major resistance level at $0.08138.

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

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

Failure to avoid a fall through the $0.08028 pivot level would bring the first major support level at $0.07837 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.078 levels. The second major support level sits at $0.07728.

Looking at the Technical Indicators

First Major Support Level: $0.07837

First Major Resistance Level: $0.08138

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 0.47% on Sunday. Following on from a 0.31% gain on Saturday, Tron’s TRX ended the week down by 2.19% to $0.02592.

A mixed start to the day saw Tron’s TRX fall to an early morning intraday low $0.02555 before making a move.

Steering clear of the first major support level at $0.02534, Tron’s TRX struck a mid-morning intraday high $0.02617.

Falling short of the first major resistance level at $0.02626, Tron’s TRX fell back to sub-$0.026 levels.

A choppy 2nd half of the day saw resistance at $0.026 pin Tron’s TRX back on the day.

At the time of writing, Tron’s TRX was down by 0.76% to $0.02572. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.02611 before falling to a low $0.02572.

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

TRX/USD 19/10/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move through the $0.02588 pivot level to support a run at the first major resistance level at $0.02621.

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

Barring an extended crypto rally, the first major resistance level and Sunday’s high $0.02617 would likely cap any upside.

Failure to move through the $0.02588 pivot level would bring the first major support level at $0.02559 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of sub-$0.025 levels. The second major support level at $0.02526 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.02559

First Major Resistance Level: $0.02621

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 – October 15th, 2020

EOS

EOS fell by 1.27% on Wednesday. Following on from a 0.23% loss on Tuesday, EOS ended the day at $2.6092.

It was a choppy start to the day. EOS fell to a late morning low $2.6190 before rising to an early afternoon intraday high $2.6599.

Falling short of the first major resistance level at $2.6673, EOS fell to a mid-afternoon intraday low $2.5781.

EOS fell through the first major support level at $2.6120 and the second major support level at $2.5840.

Finding late support, however, EOS moved back through the second major support level to end the day at $2.60 levels.

At the time of writing, EOS was down by 0.25% to $2.6026. A mixed start to the day saw EOS rise to an early morning high $2.6136 before falling to a low $2.6026.

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

EOS/USD 15/10/20 Hourly Chart

For the day ahead

EOS would need to move through the $2.6157 pivot level to support a run at the first major resistance level at $2.6534.

Support from the broader market would be needed, however, for EOS to break back through to $2.65 levels.

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

Failure to move through the pivot level at $2.6157 would bring the first major support level at $2.5716 into play.

Barring another extended sell-off, however, EOS should steer of sub-$2.55 and the second major support level at $2.5339.

Looking at the Technical Indicators

First Major Support Level: $2.5716

First Major resistance Level: $2.6534

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 3.09% on Wednesday. Following on from a 1.36% decline on Tuesday, Stellar’s Lumen ended the day at $0.074098.

A mixed start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.076839 before hitting reverse.

Falling short of the first major resistance level at $0.07757, Stellar’s Lumen slid to a final hour intraday low $0.073500.

Stellar’s Lumen fell through the first major support level at $0.07540 and the second major support level at $0.07434.

A late move back through to $0.074 levels reduced the deficit on the day, however.

At the time of writing, Stellar’s Lumen was down by 0.68% to $0.07360. A bearish start to the day saw Stellar’s Lumen fall from an early morning high $0.074098 to a low $0.073511.

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

XLM/USD 15/10/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.07481 pivot to support a run at the first major resistance level at $0.07613.

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

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

Failure to move through the $0.07481 pivot level would bring the first major support level at $0.07279 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should continue to steer clear of sub-$0.070 levels. The second major support level at $0.07147 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $0.07279

First Major Resistance Level: $0.07612

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX fell by 0.09% on Wednesday. Following on from a 0.54% loss on Tuesday, Tron’s TRX ended the day at $0.02686.

A mixed start to the day saw Tron’s TRX rise to a late morning intraday high $0.02726 before hitting reverse.

Falling short of the first major resistance level at $0.02737, Tron’s TRX slid to a late afternoon intraday low $0.02623.

Tron’s TRX fell through the first major support level at $0.02641 before revisiting $0.02689 levels.

A pullback to sub-$0.02688 levels left Tron’s TRX in the red for the day, however.

At the time of writing, Tron’s TRX was down by 1.11% to $0.02656. A bearish start to the day saw Tron’s TRX fall from an early morning high $0.02686 to a low $0.02656.

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

TRX/USD 15/10/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move through the $0.02678 pivot level to support a run at the first major resistance level at $0.02734.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.027 levels.

Barring an extended crypto rally, the first major resistance level and Wednesday’s high $0.02726 would likely cap any upside.

Failure to move through the $0.02678 pivot level would bring the first major support level at $0.02631 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of sub-$0.025 levels. The second major support level at $0.02575 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.02631

First Major Resistance Level: $0.02734

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 – October 14th, 2020

EOS

EOS fell by 0.23% on Tuesday. Following on from a 0.56% decline on Monday, EOS ended the day at $2.6399.

It was a choppy start to the day. EOS fell to a late morning low $2.6142 before rising to a late morning intraday high $2.6667.

Falling short of the first major resistance level at $2.6969, EOS fell to an early afternoon intraday low $2.6114.

Steering clear of the first major support level at $2.5965, EOS recovered to $2.65 levels before falling back into the red.

At the time of writing, EOS was up by 0.23% to $2.6459. A mixed start to the day saw EOS fall to an early morning low $2.6291 before rising to a high $2.6541.

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

EOS/USD 14/10/20 Hourly Chart

For the day ahead

EOS would need to avoid a fall through the $2.6393 pivot level to support a run at the first major resistance level at $2.6673.

Support from the broader market would be needed, however, for EOS to break back through to $2.66 levels.

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $2.6667 would likely cap any upside.

Failure to avoid a fall through the pivot level at $2.6393 would bring the first major support level at $2.6120 into play.

Barring an extended sell-off, however, EOS should steer of sub-$2.60 and the second major support level at $2.5840.

Looking at the Technical Indicators

First Major Support Level: $2.6120

First Major resistance Level: $2.6673

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 1.36% on Tuesday. Reversing a 0.40% gain from Monday, Stellar’s Lumen ended the day at $0.07646.

A mixed start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.07762 before hitting reverse.

Falling short of the first major resistance level at $0.07920, Stellar’s Lumen slid to an early afternoon intraday low $0.075447.

Stellar’s Lumen fell through the first major support level at $0.07591 before briefly revisiting $0.0767 levels.

Coming up short of $0.077 levels, however, Stellar’s Lumen fell back through the first major support level. Finding late support, however, Stellar’s Lumen wrapped up the day at $0.0764 levels.

At the time of writing, Stellar’s Lumen was up by 0.33% to $0.076717. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.076156 before rising to a high $0.076839.

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

XLM/USD 14/10/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall back through the $0.07651 pivot to support a run at the first major resistance level at $0.07757.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.0775 levels.

Barring another broad-based crypto rally, the first major resistance level and Tuesday’s high $0.07762 would likely cap any upside.

Failure to avoid a fall back through the $0.07651 pivot level would bring the first major support level at $0.07540 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should continue to steer clear of sub-$0.075 levels. The second major support level sits at $0.07434.

Looking at the Technical Indicators

First Major Support Level: $0.07540

First Major Resistance Level: $0.07757

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX fell by 0.54% on Tuesday. Partially reversing a 2.30% rally from Monday, Tron’s TRX ended the day at $0.026856.

A bullish start to the day saw Tron’s TRX rise to a mid-morning intraday high $0.027434 before hitting reverse.

Falling well short of the first major resistance level at $0.02811, Tron’s TRX slid to a late afternoon intraday low $0.026470.

Steering clear of the first major support level at $0.02591, Tron’s TRX revisited $0.0269 levels before easing back. Resistance at $0.027 pinned Tron’s TRX back late in the day.

At the time of writing, Tron’s TRX was up by 0.37% to $0.026956. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.026702 before rising to a high $0.027081.

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

TRX/USD 14/10/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through the $0.02692 pivot level to support a run at the first major resistance level at $0.02737.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the morning high $0.027081.

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $0.027434 would likely cap any upside.

Failure to avoid a fall back through the $0.02692 pivot level would bring the first major support level at $0.02641 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of sub-$0.026 levels. The second major support level sits at $0.02596.

Looking at the Technical Indicators

First Major Support Level: $0.02641

First Major Resistance Level: $0.02737

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 – October 13th, 2020

EOS

EOS fell by 0.56% on Monday. Reversing a 0.55% decline from Sunday, EOS ended the day at $2.6441.

It was a mixed start to the day. EOS fell to a late morning intraday low $2.6018 before making a move.

The reversal saw EOS fall through the first major support level at $2.6090 before rallying to an intraday high $2.7022.

EOS broke through the first major resistance level at $2.6996 before sliding back to sub-$2.65 levels and into the red.

At the time of writing, EOS was flat at $2.6442. A choppy start to the day saw EOS rise to an early morning high $2.6497 before falling to a low $2.6247.

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

EOS/USD 13/10/20 Hourly Chart

For the day ahead

EOS would need to move through the $2.6494 pivot level to support a run at the first major resistance level at $2.6969.

Support from the broader market would be needed, however, for EOS to break back through to $2.69 levels.

Barring an extended crypto rally, the first major resistance level and Monday’s high $2.7022 would likely cap any upside.

Failure to move through the pivot level at $2.6494 would bring the first major support level at $2.5965 into play.

Barring an extended sell-off, however, EOS should steer of the second major support level at $2.5490.

Looking at the Technical Indicators

First Major Support Level: $2.5965

First Major resistance Level: $2.6969

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 0.40% on Monday. Reversing a 0.18% fall from Sunday, Stellar’s Lumen ended the day at $0.07751.

A bearish start to the day saw Stellar’s Lumen fall to a late morning intraday low $0.076003 before making a move.

Stellar’s Lumen fell through the first major support level at $0.07629 before rallying to a late intraday high $0.079291.

Stellar’s Lumen broke through the first major resistance level at $0.07842 before sliding back to sub-$0.078 levels.

At the time of writing, Stellar’s Lumen was down by 0.49% to $0.077134. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.077620 before falling to a low $0.076840.

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

XLM/USD 13/10/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.07760 pivot to support a run at the first major resistance level at $0.07920.

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

Barring another broad-based crypto rally, the first major resistance level and Monday’s high $0.079291 would likely cap any upside.

Failure to move through the $0.07760 pivot level would bring the first major support level at $0.07591 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should continue to steer clear of sub-$0.075 levels. The second major support level sits at $0.07431.

Looking at the Technical Indicators

First Major Support Level: $0.07591

First Major Resistance Level: $0.07920

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 2.30% on Monday. Following on from a 0.21% gain on Sunday, Tron’s TRX ended the day at $0.02711.

A bearish start to the day saw Tron’s TRX fall to a late morning intraday low $0.025705 before making a move.

Tron’s TRX fell through the first major support level at $0.02608 before rallying to a late intraday high $0.027903.

Tron’s TRX broke through the first major resistance level at $0.02689 and the second major resistance level at $0.02728.

A late pullback, however, saw Tron’s TRX slide back to sub-$0.027 levels before wrapping up the day at $0.027 levels.

The first major resistance level at $0.02689 provided support in the final hour.

At the time of writing, Tron’s TRX was up by 0.01% to $0.027113. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.026841 before rising to a high $0.027244.

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

TRX/USD 13/10/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through the $0.02691 pivot level to support a run at the first major resistance level at $0.02811.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Monday’s high $0.027903.

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

Failure to avoid a fall through the $0.02691 pivot level would bring the first major support level at $0.02591 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of sub-$0.025 levels. The second major support level sits at $0.02471.

Looking at the Technical Indicators

First Major Support Level: $0.02591

First Major Resistance Level: $0.02811

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 – October 12th, 2020

EOS

EOS rose by 0.55% on Sunday. Following on from a 0.04% gain on Saturday, EOS ended the week up by 5.63% to $2.6590.

It was a mixed start to the day. EOS fell to an early morning low $2.6335 before making a move.

Steering clear of the first major support level at $2.5618, EOS rallied to a late morning intraday high $2.6901.

Falling well short of the first major resistance level at $2.7490, EOS slid to a late intraday low $2.5994.

Steering clear of the first major support level at $2.5618, EOS bounced back to end the day at $2.65 levels.

At the time of writing, EOS was down by 0.41% to $2.6481. A bearish start to the day saw EOS fall from an early morning high $2.6603 to a low $2.6473.

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

EOS/USD 12/10/20 Hourly Chart

For the day ahead

EOS would need to move back through the $2.6495 pivot level to support a run at the first major resistance level at $2.6996.

Support from the broader market would be needed, however, for EOS to break out from Sunday’s high $2.6901.

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

Failure to move back through the pivot level at $2.6495 would bring the first major support level at $2.6089 into play.

Barring an extended sell-off, however, EOS should steer of the second major support level at $2.5588.

Looking at the Technical Indicators

First Major Support Level: $2.6089

First Major resistance Level: $2.6996

23.6% FIB Retracement Level: $6.52

38% FIB Retracement Level: $9.68

62% FIB Retracement Level: $14.77

Stellar’s Lumen

Stellar’s Lumen fell by 0.18% on Sunday. Following a 3.03% rally on Saturday, Stellar’s Lumen ended the week up by 5.74% to $0.077132.

A bearish start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.076736 before making a move.

Steering clear of the first major support level at $0.07535, Stellar’s Lumen rose to a late afternoon intraday high $0.07886.

Coming up against the first major resistance level at $0.07885, Stellar’s Lumen fell back to sub-$0.077 before finding support.

A late move back through to $0.077 levels reduced the losses on the day.

At the time of writing, Stellar’s Lumen was flat at $0.077129. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.07693 before rising to a high $0.077347.

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

XLM/USD 12/10/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.07758 pivot to support a run at the first major resistance level at $0.07842.

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

Barring another broad-based crypto rally, the first major resistance level and Sunday’s high $0.07886 would likely cap any upside.

Failure to move through the $0.07758 pivot level would bring the first major support level at $0.07629 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should continue to steer clear of sub-$0.076 levels. The second major support level sits at $0.07545.

Looking at the Technical Indicators

First Major Support Level: $0.07629

First Major Resistance Level: $0.07842

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 0.21% on Sunday. Following on from a 0.89% gain on Saturday, Tron’s TRX ended the week down by 0.18% to $0.02650.

A bearish start to the day saw Tron’s TRX fall to an early morning intraday low $0.02605 before making a move.

Steering clear of the first major support level at $0.02557, Tron’s TRX rose to a late afternoon intraday high $0.026858.

Falling well short of the first major resistance level at $0.02751, however, fell back to sub-$0.0262 levels and into the red.

A late move back through to $0.0265 levels, however, delivered the upside on the day.

At the time of writing, Tron’s TRX was up by 0.04% to $0.02651. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.02664 before falling to a low $0.02636.

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

TRX/USD 12/10/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through the $0.02647 pivot level to support a run at the first major resistance level at $0.02689.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Sunday’s high $0.026858.

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

Failure to avoid a fall back through the $0.02647 pivot level would bring the first major support level at $0.02608 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.02566.

Looking at the Technical Indicators

First Major Support Level: $0.02608

First Major Resistance Level: $0.02689

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 – October 8th, 2020

EOS

EOS fell by 1.98% on Wednesday. Partially reversing a 6.66% rally from Tuesday, EOS ended the day at $2.6438.

It was a mixed start to the day. EOS fell to an early morning intraday low $2.5926 before making a move.

Steering clear of the first major support level at $2.4571, EOS rallied to a mid-afternoon intraday high $2.7187.

Falling well short of the first major resistance level at $2.9625, EOS fell back to sub-$2.65 levels and into the deep red.

At the time of writing, EOS was down by 0.45% to $2.6319. A mixed start to the day saw EOS rise to an early morning high $2.6498 before falling to a low $2.6297.

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

EOS/USD 08/10/20 Hourly Chart

For the day ahead

EOS would need to move through the $2.6517 pivot level to support a run at the first major resistance level at $2.7108.

Support from the broader market would be needed, however, for EOS to break back through to $2.70 levels.

Barring an extended crypto rally, the first major resistance level and Wednesday’s high $2.7187 would likely cap any upside.

Failure to move through the pivot level at $2.6517 would bring the first major support level at $2.5847 into play.

Barring an extended sell-off, however, EOS should steer of the second major support level at $2.5256.

Looking at the Technical Indicators

First Major Support Level: $2.5847

First Major resistance Level: $2.7108

23.6% FIB Retracement Level: $6.52

38% FIB Retracement Level: $9.68

62% FIB Retracement Level: $14.77

Stellar’s Lumen

Stellar’s Lumen fell by 0.25% on Wednesday. Following on from a 1.19% decline on Tuesday, Stellar’s Lumen ended the day at $0.072253.

A bearish start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.070575 before making a move.

Stellar’s Lumen fell through the first major support level at $0.07092 before rising to a mid-afternoon intraday high $0.073282.

Falling well short of the first major resistance level at $0.07464, however, Stellar’s Lumen fell back to sub-$0.072.

Finding late support, Stellar’s Lumen moved back through to $0.072 levels to limit the downside on the day.

At the time of writing, Stellar’s Lumen was down by 0.72% to $0.071731. A bearish start to the day saw Stellar’s Lumen fall from an early morning high $0.072364 to a low $0.071616.

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

XLM/USD 08/10/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.07204 pivot to support a run at the first major resistance level at $0.07350.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.073 levels.

Barring another broad-based crypto rally, the first major resistance level and Wednesday’s high $0.073282 would likely cap any upside.

Failure to move through the $0.07204 pivot level would bring the first major support level at $0.07079 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should continue to steer clear of sub-$0.070 levels. The second major support level sits at $0.06933.

Looking at the Technical Indicators

First Major Support Level: $0.07079

First Major Resistance Level: $0.07350

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 0.21% on Wednesday. Following on from a 3.38% slide on Tuesday, Tron’s TRX ended the day at $0.02544.

A bearish start to the day saw Tron’s TRX fall to an early morning intraday low $0.024998 before making a move.

Finding support at the first major support level at $0.025, Tron’s TRX rose to a late intraday high $0.02571.

Falling well short of the first major resistance level at $0.02638, however, fell back to sub-$0.0255 levels and into the red.

A final hour move back through to $0.0256 levels, however, reversed the losses on the day.

At the time of writing, Tron’s TRX was down by 0.62% to $0.025448. A bearish start to the day saw Tron’s TRX fall from an early morning high $0.025623 to a low $0.025222.

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

TRX/USD 08/10/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through the $0.02544 pivot level to support a run at the first major resistance level at $0.02588.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Wednesday’s high $0.02571.

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

Failure to avoid a fall back through the $0.02544 pivot level would bring the first major support level at $0.02517 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.0473.

Looking at the Technical Indicators

First Major Support Level: $0.02517

First Major Resistance Level: $0.02588

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 – October 7th, 2020

EOS

EOS rallied by 6.66% on Tuesday. Following on from a 0.39% gain on Monday, EOS ended the day at $2.6972.

It was a mixed start to the day. EOS fell to a late morning intraday low $2.4823 before making a move.

The pullback saw EOS fall through the first major support level at $2.4981.

An early afternoon surge, however, saw EOS strike a late afternoon intraday high $2.9877 before easing back.

EOS broke through the day’s major resistance levels before falling back to sub-$2.70 levels.

The third major resistance level at $2.6179 provided support late in the day.

At the time of writing, EOS was down by 2.83% to $2.6210. A bearish start to the day saw EOS fall from an early morning high $2.6985 to a low $2.5944.

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

EOS/USD 07/10/20 Hourly Chart

For the day ahead

EOS would need to move through the $2.7224 pivot level to support a run at the first major resistance level at $2.9625.

Support from the broader market would be needed, however, for EOS to break out from $2.70 levels, however.

Barring an extended crypto rally, resistance at $2.80 would likely leave EOS short of the first major resistance level.

Failure to move through the pivot level at $2.7224 would bring the first major support level at $2.4571 into play.

Barring an extended sell-off, however, EOS should steer of sub-$2.45 levels. The second major support level sits at $2.2170.

Looking at the Technical Indicators

First Major Support Level: $2.4571

First Major resistance Level: $2.9625

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 1.19% on Tuesday. Reversing a 0.53% gain from Monday, Stellar’s Lumen ended the day at $0.072433.

It was a bullish start to the day. Stellar’s Lumen rose to an early morning high $0.074945 before hitting reverse.

The early rally saw Stellar’s Lumen break through the first major resistance level at $0.07422 before sliding to a mid-afternoon intraday low $0.071622.

Stellar’s Lumen fell through the first major support level at $0.07238 before striking a late afternoon intraday high $0.075343.

Stellar’s Lumen broke through the first major resistance level and the second major resistance level at $0.07511 before another sell-off.

The second sell-off saw Stellar’s Lumen fall back through the first major support level at $0.07238 to sub-$0.072 levels.

Finding late support, Stellar’s Lumen broke back through the first major support level to end the day at $0.07243 levels.

At the time of writing, Stellar’s Lumen was down by 1.10% to $0.071538. A bearish start to the day saw Stellar’s Lumen fall from an early morning high $0.072433 to a low $0.071300.

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

XLM/USD 07/10/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.07313 pivot to support a run at the first major resistance level at $0.07464.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.074 levels.

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

Failure to move back through the $0.07313 pivot level would bring the first major support level at $0.07092 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.070 levels. The second major support level sits at $0.06941.

Looking at the Technical Indicators

First Major Support Level: $0.07092

First Major Resistance Level: $0.07464

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 3.38% on Tuesday. Following on from a 0.42% decline on Monday, Tron’s TRX ended the day at $0.02556.

A bullish start to the day saw Tron’s TRX rise to an early morning intraday high $0.026646 before hitting reverse.

Coming up short of the first major resistance level at $0.02683, Tron’s TRX slid to a late intraday low $0.025260.

Tron’s TRX fell through the first major support level at $0.02588 and the second major support level at $0.02543.

Finding late support, Tron’s TRX broke back through the second major support level to end the day at $0.0255 levels.

At the time of writing, Tron’s TRX was down by 1.06% to $0.025291. A bearish start to the day saw Tron’s TRX fall from an early morning high $0.025669 to a low $0.025141.

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

TRX/USD 07/10/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move through the $0.02582 pivot level to support a run at the first major resistance level at $0.02638.

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

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $0.02665 would likely cap any upside.

Failure to move through the $0.02582 pivot level would bring the first major support level at $0.02500 back 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 $0.02444.

Looking at the Technical Indicators

First Major Support Level: $0.02500

First Major Resistance Level: $0.02638

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 – October 6th, 2020

EOS

EOS rose by 0.39% on Monday. Following on from a 1.55% gain on Sunday, EOS ended the day at $2.5271.

It was a mixed start to the day. EOS rose to an early morning high $2.5390 before hitting reverse.

Falling short of the first major resistance level at $2.5475, EOS fell to a mid-morning low $2.4959 before making a move.

Steering clear of the major support levels, EOS struck an early afternoon intraday high $2.5393 before a 2nd dip.

Falling short of the first major resistance level once more, EOS slid to a late afternoon intraday low $2.4897.

Steering clear of the first major support level at $2.4758, EOS recovered to $2.52 levels to end the day in the green.

At the time of writing, EOS was down by 0.05% to $2.5258. A mixed start to the day saw EOS rise to an early morning high $2.5390 before falling to a low $2.5211.

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

EOS/USD 06/10/20 Hourly Chart

For the day ahead

EOS would need to avoid a fall through the $2.5187 pivot level to support a run at the first major resistance level at $2.5477.

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

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

Failure to avoid a fall through the pivot level at $2.5187 would bring the first major support level at $2.4981 into play.

Barring an extended sell-off, however, EOS should steer of sub-$2.46 levels. The second major support level at $2.4691 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $2.4981

First Major resistance Level: $2.5477

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 0.53% on Monday. Following on from a 2.61% rally on Sunday, Stellar’s Lumen ended the day at $0.07334.

It was a bullish start to the day. Stellar’s Lumen rose to an early morning intraday high $0.074160 before hitting reverse.

The early rally saw Stellar’s Lumen break through the first major resistance level at $0.07407 before sliding to a late morning intraday low $0.072317.

Steering clear of the first major support level at $0.07099, Stellar’s Lumen struck an afternoon high $0.073918 before easing back.

The pullback saw Stellar’s Lumen fall back into the red before wrapping up the day at $0.073 levels.

At the time of writing, Stellar’s Lumen was down by 0.15% to $0.073224. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.07350 before falling to a low $0.072918.

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

XLM/USD 06/10/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move back through the $0.07327 pivot to support another run at the first major resistance level at $0.07422.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.074 levels.

Barring a broad-based crypto rally, the first major resistance level and Monday’s high $0.07416 would likely cap any upside.

Failure to move back through the $0.07327 pivot level would bring the first major support level at $0.07238 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.070 levels. The second major support level at $0.07143 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $0.07238

First Major Resistance Level: $0.07422

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX fell by 0.42% on Monday. Following on from a 2.34% slide on Sunday, Tron’s TRX ended the day at $0.02634.

A bullish start to the day saw Tron’s TRX rise to an early morning intraday high $0.02686 before hitting reverse.

Coming up short of the first major resistance level at $0.02735, Tron’s TRX slid to a mid-morning intraday low $0.025915.

Steering clear of the first major support level at $0.02570, Tron’s TRX recovered to $0.0266 levels before easing back into the red. The late partial recovery limited the losses from the day.

At the time of writing, Tron’s TRX was up by 0.49% to $0.02647. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.02657 before falling to a low $0.02625.

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

TRX/USD 06/10/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through the $0.02637 pivot level to support a run at the first major resistance level at $0.02683.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.02680 levels.

Barring an extended crypto rally, the first major resistance level and Monday’s high $0.02686 would likely cap any upside.

Failure to avoid a fall back through the $0.02637 pivot level would bring the first major support level at $0.02588 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.025 levels. The second major support level at $0.02543 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $0.02588

First Major Resistance Level: $0.02683

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 – October 5th, 2020

EOS

EOS rose by 1.55% on Sunday. After ending the day flat on Saturday, EOS ended the week down by 2.83% to $2.517.

It was a mixed start to the day. EOS fell to an early morning intraday low $2.4651 before making a move.

Steering clear of the first major support level at $2.4571, EOS rallied to a late intraday high $2.5368.

EOS broke through the first major resistance level at $2.5084 and the second major resistance level at $2.5356.

A late pullback, however, saw EOS fall back through the second major resistance level to end the day at $2.51 levels.

At the time of writing, EOS was. A bullish start to the day saw EOS rise from an early morning low $2.5138 to a high $2.5390.

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

EOS/USD 05/10/20 Hourly Chart

For the day ahead

EOS would need to avoid a fall through the $2.5063 pivot level to support a run at the first major resistance level at $2.5475.

Support from the broader market would be needed, however, for EOS to break out from the morning high $2.5390.

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 $2.5063 would bring the first major support level at $2.4758 into play.

Barring an extended sell-off, however, EOS should steer of sub-$2.46 levels. The second major support level sits at $2.4346.

Looking at the Technical Indicators

First Major Support Level: $2.4758

First Major resistance Level: $2.5475

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 2.61% on Sunday. Following on from a 0.09% gain on Saturday, Stellar’s Lumen ended the week down by 0.68% to $0.072866.

It was a bearish start to the day. Stellar’s Lumen fell to an early morning intraday low $0.07032 making a move.

Finding support at the first major support level at $0.07234, Stellar’s Lumen rallied to a late intraday high $0.07340.

Stellar’s Lumen broke through the first major resistance level at $0.07191 and the second major resistance level at $0.07281.

A late pullback, saw Stellar’s Lumen ease back to wrap up the day at sub-$0.073 levels.

The second major resistance level provided support late in the day.

At the time of writing, Stellar’s Lumen was up by 1.44% to $0.073912. A bullish start to the day saw Stellar’s Lumen rally from an early morning low $0.072807 to a high $0.074069.

Stellar’s Lumen tested the first major resistance level at $0.07407 early on.

XLM/USD 05/10/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.07220 pivot to support another run at the first major resistance level at $0.07407.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.074 levels.

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

Failure to avoid a fall through the $0.07220 pivot level would bring the first major support level at $0.07099 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.070 levels. The second major support level sits at $0.06912.

Looking at the Technical Indicators

First Major Support Level: $0.07099

First Major Resistance Level: $0.07407

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 2.34% on Sunday. Partially reversing a 5.13% rally from Saturday, Tron’s TRX ended the week down by 0.63% to $0.026461.

A bullish start to the day saw Tron’s TRX rise to an early morning intraday high $0.027474 before hitting reverse.

Coming up short of the first major resistance level at $0.02870, Tron’s TRX slid to a late intraday low $0.025830.

Steering clear of the first major support level at $0.02569, Tron’s TRX recovered to $0.026 levels to limit the downside.

At the time of writing, Tron’s TRX was up by 0.34% to $0.02655. A bullish start to the day saw Tron’s TRX rise from an early morning low $0.02633 to a high $0.02686.

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

TRX/USD 05/10/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move back through the $0.02659 pivot level to support a run at the first major resistance level at $0.02735.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.027 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $0.027474 would likely cap any upside.

Failure to move back through the $0.02659 pivot level would bring the first major support level at $0.02570 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of sub-$0.025 levels. The second major support level sits at $0.02494.

Looking at the Technical Indicators

First Major Support Level: $0.02570

First Major Resistance Level: $0.2735

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 – October 1st, 2020

EOS

EOS fell by 0.74% on Wednesday. Partially reversing a 1.54% gain from Tuesday, EOS ended the month down by 19.7% to $2.5792.

It was a mixed start to the day. EOS rose to an early morning intraday high $2.6012 before hitting reverse.

Falling short of the first major resistance level at $2.6242, EOS slid to a midday intraday low $2.5509.

Steering clear of the first major support level at $2.5604, EOS rallied to a final hour high $2.5884 before easing back.

At the time of writing, EOS was up by 0.30% to $2.5870. A mixed start to the day saw EOS fall to an early morning low $2.5702 before rising to a high $2.5927.

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

EOS/USD 01/10/20 Hourly Chart

For the day ahead

EOS would need to avoid a fall through the $2.5771 pivot level to support a run at the first major resistance level at $2.6033.

Support from the broader market would be needed, however, for EOS to break out from Wednesday’s high $2.6012.

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 $2.5771 would bring the first major support level at $2.5530 into play.

Barring an extended sell-off, however, EOS should steer of sub-$2.50 levels. The second major support level at $2.5268 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $2.5530

First Major resistance Level: $2.6033

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 1.07% on Wednesday. Following on from a 1.30% gain on Tuesday, Stellar’s Lumen ended the month down by 22.6% to $0.07490.

It was a bearish start to the day. Stellar’s Lumen fell to a midday intraday low $0.072060 making a move.

Stellar’s Lumen fell through the first major support level at $0.07243 before striking a final hour intraday high $0.075051.

Falling short of the first major resistance level at $0.07539, Stellar’s Lumen slipped back to end the day at sub-$0.075 levels.

At the time of writing, Stellar’s Lumen was up by 0.29% to $0.075118. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.074704 before rising to a high $0.075125.

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

XLM/USD 01/10/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.074 pivot to support a run at the first major resistance level at $0.07595.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the morning high $0.075125.

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

Failure to avoid a fall through the $0.074 pivot level would bring the first major support level at $0.07296 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.072 levels. The second major support level sits at $0.07101.

Looking at the Technical Indicators

First Major Support Level: $0.07296

First Major Resistance Level: $0.07595

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX fell by 0.54% on Wednesday. Reversing a 0.22% gain from Tuesday, Tron’s TRX ended the month down by 10.1% to $0.026191.

A bearish start to the day saw Tron’s TRX fall to a mid-morning intraday low $0.025666 before making a move.

Finding support at the first major support level at $0.02566, Tron’s TRX rallied to an early afternoon intraday high $0.026681.

Coming up against the first major resistance level at $0.02677, Tron’s TRX fell back to sub-$0.026 levels and into the red.

Finding late support, however, Tron’s TRX moved back through to $0.0261 levels to limit the loss on the day.

At the time of writing, Tron’s TRX was up by 1.30% to $0.026531. A bullish start to the day saw Tron’s TRX rise from an early morning low $0.02609 to a high $0.02655.

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

TRX/USD 01/10/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through the $0.02618 pivot level to support a run at the first major resistance level at $0.02669.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Wednesday’s high $0.026681.

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

Failure to avoid a fall through the $0.02618 pivot level would bring the first major support level at $0.02568 into play.

Barring another extended crypto sell-off, however, Tron’s TRX should steer clear of sub-$0.025 levels. The second major support level at $0.02516 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $0.02568

First Major Resistance Level: $0.02669

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 – September 30th, 2020

EOS

EOS rose by 1.54% on Tuesday. Reversing a 1.13% loss from Monday, EOS ended the day at $2.5986.

It was a mixed start to the day. EOS fell to an early morning intraday low $2.5478 before making a move.

Steering clear of the first major support level at $2.5199, EOS rallied to a final hour intraday high $2.6116.

Falling short of the first major resistance level at $2.6208, EOS slipped back to end the day at sub-$2.60 levels.

At the time of writing, EOS was down by 0.56% to $2.5839. A mixed start to the day saw EOS rise to an early morning high $2.6012 before falling to a low $2.5805.

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

EOS/USD 30/09/20 Hourly Chart

For the day ahead

EOS would need to move back through the $2.5860 pivot level to support a run at the first major resistance level at $2.6242.

Support from the broader market would be needed, however, for EOS to break out from Tuesday’s high $2.6116.

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

Failure to move back through the pivot level at $2.5860 would bring the first major support level at $2.5604 into play.

Barring an extended sell-off, however, EOS should steer of sub-$2.50 levels. The second major support level at $2.5222 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $2.5604

First Major resistance Level: $2.6242

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 1.30% on Tuesday. Reversing a 0.22% decline from Monday, Stellar’s Lumen ended the day at $0.074111.

It was a mixed start to the day. Stellar’s Lumen fell to an early morning low $0.072743 before rising to a late morning intraday high $0.074987.

Falling short of the first major resistance level at $0.07530, Stellar’s Lumen slid to a late afternoon intraday low $0.072027.

Steering clear of the first major support level at $0.07180, Stellar’s Lumen bounced back to $0.074 levels and into the green.

At the time of writing, Stellar’s Lumen was down by 1.16% to $0.073250. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.074152 before falling to a low $0.072858.

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

XLM/USD 30/09/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move back through the $0.07371 pivot to support a run at the first major resistance level at $0.07539.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.075 levels.

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

Failure to move back through the $0.07371 pivot level would bring the first major support level at $0.07243 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.070 levels. The second major support level at $0.07075 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $0.07243

First Major Resistance Level: $0.07539

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 0.22% on Tuesday. Partially reversing a 1.24% fall from Monday, Tron’s TRX ended the day at $0.026333.

A relatively bullish start to the day saw Tron’s TRX rise to a mid-morning intraday high $0.026537 before hitting reverse.

Falling short of the first major resistance level at $0.02706, Tron’s TRX slid to a late afternoon intraday low $0.025422.

Tron’s TRX fell through the first major support level at $0.02573 before finding late support.

A late move back through to $0.02630 levels reversed the losses from the day.

At the time of writing, Tron’s TRX was down by 0.65% to $0.02616. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.026359 before falling to a low $0.025956.

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

TRX/USD 30/09/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through the $0.02610 pivot level to support a run at the first major resistance level at $0.02677.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Tuesday’s high $0.026537.

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

Failure to avoid a fall back through the $0.02610 pivot level would bring the first major support level at $0.02566 into play.

Barring another extended crypto sell-off, however, Tron’s TRX should steer clear of sub-$0.025 levels. The second major support level sits at $0.02498.

Looking at the Technical Indicators

First Major Support Level: $0.2566

First Major Resistance Level: $0.2677

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 – September 29th, 2020

EOS

EOS fell by 1.13% on Monday. Reversing a 0.88% gain from Sunday, EOS ended the day at $2.5612.

It was a mixed start to the day. EOS rose to a midday intraday high $2.6390 before hitting reverse.

The early rally saw EOS break through the first major resistance level at $2.6184. Coming up short of the second major resistance level at $2.6472, EOS slid to a late intraday low $2.5381.

EOS fell through the first major support level at $2.5426 before a partial recovery to $2.56 levels.

At the time of writing, EOS was up by 0.34% to $2.5700. A mixed start to the day saw EOS fall to an early morning low $2.5478 before rising to a high $2.5765.

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

EOS/USD 29/09/20 Hourly Chart

For the day ahead

EOS would need to move through the $2.5794 pivot level to support a run at the first major resistance level at $2.6208.

Support from the broader market would be needed, however, for EOS to break back through to $2.60 levels.

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

Failure to move through the pivot level at $2.5794 would bring the first major support level at $2.5199 into play.

Barring an extended sell-off, however, EOS should steer of sub-$2.50 levels. The second major support level sits at $2.4785.

Looking at the Technical Indicators

First Major Support Level: $2.5199

First Major resistance Level: $2.6208

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 slipped by 0.22% on Monday. Following on from a 0.49% decline on Sunday, Stellar’s Lumen ended the day at $0.073206.

A bullish start to the day saw Stellar’s Lumen rise to a midday intraday high $0.075999 before hitting reverse.

Stellar’s Lumen broke the first major resistance level at $0.07487 before sliding to a final hour intraday low $0.07250.

In spite of the reversal, Stellar’s Lumen steered clear of the first major support level at $0.07162. A move back through to $0.073 levels limited the downside on the day.

At the time of writing, Stellar’s Lumen was up by 0.64% to $0.073672. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.072743 before rising to a high $0.074063.

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

XLM/USD 29/09/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move back through the $0.07380 pivot to support a run at the first major resistance level at $0.07530.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.075 levels.

Barring a broad-based crypto rally, the first major resistance level and Monday’s high $0.075999 would likely cap any upside.

Failure to move back through the $0.07390 pivot level would bring the first major support level at $0.07180 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.070 levels. The second major support level at $0.07040 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $0.07180

First Major Resistance Level: $0.07530

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 1.24% on Monday. Following on from a 2.32% loss on Sunday, Tron’s TRX ended the day at $0.026296.

A relatively bullish start to the day saw Tron’s TRX rise to a midday intraday high $0.027266 before hitting reverse.

Falling short of the first major resistance level at $0.02748, Tron’s TRX slid to a final hour intraday low $0.025934.

Steering clear of the first major support level at $0.02570, Tron’s TRX moved back through to $0.026 levels to limit the downside.

At the time of writing, Tron’s TRX was down by 0.48% to $0.02617. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.02600 before rising to a high $0.02644.

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

TRX/USD 29/09/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move through the $0.02650 pivot level to support a run at the first major resistance level at $0.02706.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.027 levels.

Barring an extended crypto rally, the first major resistance level and Monday’s high $0.027266 would likely cap any upside.

Failure to move through the $0.02650 pivot level would bring the first major support level at $0.02573 into play.

Barring another extended crypto sell-off, however, Tron’s TRX should steer clear of sub-$0.025 levels. The second major support level at $0.02517 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $0.2573

First Major Resistance Level: $0.2706

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 – September 28th, 2020

EOS

EOS rose by 0.88% on Sunday. Following on from a 0.79% gain from Saturday, EOS ended the week down by 3.11% to $2.5895.

It was a mixed start to the day. EOS rose to an early morning high $2.5991 before hitting reverse.

Falling short of the first major resistance level at $2.6307, EOS fell to a midday intraday low $2.5245.

Steering clear of the first major support level at $2.5030, EOS struck a late afternoon intraday high $2.6003.

Continuing to fall short of the major resistance levels, however, EOS fell back to sub-$2.57 levels and into the red.

A late move back through to $2.58 levels, however, delivered the upside on the day.

At the time of writing, EOS was up by 0.65% to $2.6064. A bullish start to the day saw EOS rise from an early morning low $2.5709 to a high $2.6195.

EOS test the first major resistance level at $2.6184 early on.

EOS/USD 28/09/20 Hourly Chart

For the day ahead

EOS would need to avoid a fall through the $2.5714 pivot level to support another run at the first major resistance level at $2.6184.

Support from the broader market would be needed, however, for EOS to break back through to $2.61 levels.

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

Failure to avoid a fall through the pivot level at $2.5714 would bring the first major support level at $2.5426 into play.

Barring an extended sell-off, however, EOS should steer of the second major support level at $2.4956.

Looking at the Technical Indicators

First Major Support Level: $2.5426

First Major resistance Level: $2.6184

23.6% FIB Retracement Level: $6.52

38% FIB Retracement Level: $9.68

62% FIB Retracement Level: $14.77

Stellar’s Lumen

Stellar’s Lumen fell by 0.49% on Sunday. Following on from a 1.02% loss on Saturday, Stellar’s Lumen ended the week down by 4.43% to $0.073443.

A bullish start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.07448.

Falling short of the first major resistance level at $0.07601, Stellar’s Lumen slid to a midday intraday low $0.071230.

Stellar’s Lumen fell through the first major support level at $0.07217 before briefly revisiting $0.07379 levels.

Stellar’s Lumen eased back to $0.0726 levels before finding late support to limit the loss on the day.

At the time of writing, Stellar’s Lumen was up by 0.67% to $0.073935. A bullish start to the day saw Stellar’s Lumen rise from an early morning low $0.073367 to a high $0.074307.

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

XLM/USD 28/09/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.07305 pivot to support a run at the first major resistance level at $0.07487.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Sunday’s high $0.07448.

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

Failure to avoid a fall through the $0.07305 pivot level would bring the first major support level at $0.07162 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.070 levels. The second major support level sits at $0.06980.

Looking at the Technical Indicators

First Major Support Level: $0.07162

First Major Resistance Level: $0.07487

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 2.32% on Sunday. Reversing a 0.33% gain from Saturday, Tron’s TRX ended the week down by 1.70% to $0.02652.

A bullish start to the day saw Tron’s TRX rise to an early morning intraday high $0.027622 before hitting reverse.

Falling short of the first major resistance level at $0.02882, Tron’s TRX slid to a midday intraday low $0.025848.

Tron’s TRX fell through the first major support level at $0.02622 before steadying.

A move back through the first major support level to $0.0265 levels limited the downside on the day.

At the time of writing, Tron’s TRX was up by 1.41% to $0.02689. A bullish start to the day saw Tron’s TRX rise from an early morning low $0.026303 to a high $0.027099.

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

TRX/USD 28/09/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through the $0.02666 pivot level to support a run at the first major resistance level at $0.02748.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.027 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $0.02762 would likely cap any upside.

Failure to avoid a fall back through the $0.2666 pivot level would bring the first major support level at $0.02570 into play.

Barring another extended crypto sell-off, however, Tron’s TRX should steer clear of sub-$0.025 levels. The second major support level sits at $0.2489.

Looking at the Technical Indicators

First Major Support Level: $0.2570

First Major Resistance Level: $0.2748

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 – September 24th, 2020

EOS

EOS slid by 4.94% on Wednesday. Reversing a 2.79% gain from Tuesday, EOS ended the day at $2.4397.

It was a mixed start to the day. EOS rose to an early morning intraday high $2.5817 before hitting reverse.

Falling short of the first major resistance level at $2.6154, EOS fell to a mid-morning low $2.5223.

Steering clear of the first major support level at $2.5098, EOS briefly revisited $2.57 levels.

Continuing to fall short of the major resistance levels, however, EOS slid to a late intraday low $2.3876.

EOS fell through the first major support level at $2.5098 and the second major support level at $2.4451.

Late in the day, EOS briefly broke back through the second major support level before falling back to sub-$2.44 levels.

At the time of writing, EOS was up by 0.77% to $2.4585. A mixed start to the day saw EOS fall to an early morning low $2.4209 before rising to a high $2.4684.

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

EOS/USD 24/09/20 Hourly Chart

For the day ahead

EOS would need to move through the $2.4697 pivot level to support a run at the first major resistance level at $2.5517.

Support from the broader market would be needed, however, for EOS to break back through to $2.50 levels.

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

Failure to move through the pivot level at $2.4697 would bring the first major support level at $2.3576 into play.

Barring another extended sell-off, however, EOS should steer of sub-$2.30 levels. The second major support level sits at $2.2756.

Looking at the Technical Indicators

First Major Support Level: $2.3576

First Major resistance Level: $2.5517

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 -6.20% on Wednesday. Partially reversing a 2.47% gain from Tuesday, Stellar’s Lumen ended the day at $0.067295.

A bearish start to the day saw Stellar’s Lumen fall to a mid-morning low $0.069874. Stellar’s Lumen fell through the first major support level at $0.07008 before striking an early afternoon intraday high $0.07225.

Falling short of the first major resistance level at $0.07283, Stellar’s Lumen slid to a late intraday low $0.067002.

Stellar’s Lumen fell through the first major support level at $0.07008 and the second major support level at $0.06841.

At the time of writing, Stellar’s Lumen was up by 1.82% to $0.068521. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.066738 before rising to a high $0.068777.

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

XLM/USD 24/09/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.06885 pivot to support a run at the first major resistance level at $0.07070.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.069 levels

Barring a broad-based crypto rally, resistance at $0.070 would likely leave Stellar’s Lumen short of the first major resistance level.

Failure to move through the $0.06885 pivot level would bring the first major support level at $0.06545 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer well clear of the second major support level at $0.06360.

Looking at the Technical Indicators

First Major Support Level: $0.06545

First Major Resistance Level: $0.07070

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 1.14% on Wednesday. Reversing a 0.27% gain from Tuesday, Tron’s TRX ended the day at $0.024765.

A bearish start to the day saw Tron’s TRX fall to a late morning low $0.024601.

Steering clear of the first major support level at $0.02452, Tron’s TRX rose to a late afternoon intraday high $0.026173.

Tron’s TRX broke through the first major resistance level at $0.02561 and the second major resistance level at $0.02614.

Pressured by the broader market, however, Tron’s TRX slid to a late intraday low $0.024598.

Coming within range of the first major support level at $0.02452, Tron’s TRX moved back through to $0.0247 levels to limit the loss.

At the time of writing, Tron’s TRX was up by 1.06% to $0.025028. A choppy start to the day saw Tron’s TRX fall to an early morning low $0.024362 before striking a high $0.025232.

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

TRX/USD 24/09/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move back through the $0.02518 pivot level to support a run at the first major resistance level at $0.02576.

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

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

Failure to move back through the $0.02518 pivot level would bring the first major support level at $0.02418 into play.

Barring another extended crypto sell-off, however, Tron’s TRX should steer clear of sub-$0.024 levels. The second major support level sits at $0.02360.

Looking at the Technical Indicators

First Major Support Level: $0.02418

First Major Resistance Level: $0.02576

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

Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – September 23rd, 2020

Litecoin

Litecoin rallied by 3.15% on Tuesday. Partially reversing an 8.43% slump from Monday, Litecoin ended the day at $44.51.

It was a mixed start to the day. Litecoin fell to an early morning intraday low $42.77 before making a move.

Steering well clear of the first major support level at $40.62, Litecoin rallied to a late intraday high $44.82.

Falling short of the first major resistance level at $46.66, Litecoin eased back to wrap up the day at sub-$45 levels.

At the time of writing, Litecoin was up by 0.04% to $44.53 A mixed start to the day saw Litecoin fall to an early morning low $44.42 before rising to a high $44.71.

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

LTC/USD 23/09/20 Hourly Chart

For the day ahead

Litecoin would need to avoid a fall through the $44.03 pivot to support a run at the first major resistance level at $45.30.

Support from the broader market would be needed, however, for Litecoin to break out from Tuesday’s high $44.82.

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

Failure to avoid a fall through the $44.03 pivot level would bring the first major support level at $43.25 into play.

Barring an extended sell-off on the day, however, Litecoin should steer clear of sub-$42 levels. The second major support level sits at $41.98.

Looking at the Technical Indicators

First Major Support Level: $43.25

First Major Resistance Level: $44.03

23.6% FIB Retracement Level: $45.30

38.2% FIB Retracement Level: $71

62% FIB Retracement Level: $100

Stellar’s Lumen

Stellar’s Lumen rose by 2.47% on Tuesday. Partially reversing Monday’s 8.98% tumble, Stellar’s Lumen ended the day at $0.071742.

It was also a mixed start to the day. Stellar’s Lumen fell to an early morning intraday low $0.069497 before making a move.

Steering clear of the first major support level at $0.06681, Stellar’s Lumen rose to a late morning intraday high $0.072250

Falling short of the first major resistance level at $0.07524, Stellar’s Lumen fell back to sub-$0.070 levels.

Finding late support, however, Stellar’s Lumen moved back through to $0.072 levels before easing back.

At the time of writing, Stellar’s Lumen was down by 0.58% to $0.071328. A bearish start to the day saw Stellar’s Lumen fall from an early morning high $0.071748 to a low $0.071321.

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

XLM/USD 23/09/20 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.07116 pivot to support a run at the first major resistance level at $0.07283.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Tuesday’s high $0.07225.

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

Failure to avoid a fall through the $0.07116 pivot level would bring the first major support level at $0.07008 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.06841.

Looking at the Technical Indicators

First Major Support Level: $0.07008

First Major Resistance Level: $0.07283

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 0.27% on Tuesday. Following Monday’s 7.76% slide, Tron’s TRX ended the day at $0.025072.

In the early hours, Tron’s TRX rose to an early morning intraday high $0.025584 before hitting reverse.

Falling short of the first major resistance level at $0.02682, Tron’s TRX slipped to a midday intraday low $0.024494.

Steering clear of the first major support level at $0.02373, Tron’s TRX revisited $0.0253 levels before easing back.

At the time of writing, Tron’s TRX was up by 0.20% to $0.025121. A bullish start to the day saw Tron’s TRX rise from an early morning low $0.02495 to a high $0.02529.

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

TRX/USD 23/09/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through the $0.02505 pivot level to support a run at the first major resistance level at $0.02561.

Support from the broader market would be needed, however, for Tron’s TRX to break out from $0.02530 levels.

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

Failure to avoid a fall through the $0.02505 pivot level would bring the first major support level at $0.02452 into play.

Barring another extended crypto sell-off, however, Tron’s TRX should steer clear of sub-$0.024 levels. The second major support level sits at $0.02396.

Looking at the Technical Indicators

First Major Support Level: $0.02452

First Major Resistance Level: $0.02561

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

Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – September 22nd, 2020

Litecoin

Litecoin tumbled by 8.43% on Monday. Following on from a 2.89% fall on Sunday, Litecoin ended the day at $43.13.

It was a mixed start to the day. Litecoin rose to an early morning intraday high $47.68 before hitting reverse.

Falling short of the first major resistance level at $48.34, Litecoin slid to an early afternoon intraday low $41.64.

Litecoin fell through the day’s major support levels before finding support to revisit $44.00 levels before easing back.

The partial recovery saw Litecoin break back through the third major support level at $42.63 to end the day at $43 levels.

At the time of writing, Litecoin was up by 0.58% to $43.38. A mixed start to the day saw Litecoin fall to an early morning low $42.77 before rising to a high $43.71.

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

LTC/USD 22/09/20 Hourly Chart

For the day ahead

Litecoin would need to move through the $44.15 pivot to support a run at the first major resistance level at $46.66.

Support from the broader market would be needed, however, for Litecoin to break back through to $45 levels.

Barring an extended crypto rally, resistance at $45 would likely leave Litecoin short of the first major resistance level.

Failure to move through the $44.15 pivot level would bring the first major support level at $40.62 into play.

Barring another extended sell-off on the day, however, Litecoin should steer clear of sub-$40 levels. The second major support level sits at $38.11.

Looking at the Technical Indicators

First Major Support Level: $40.62

First Major Resistance Level: $46.66

23.6% FIB Retracement Level: $

38.2% FIB Retracement Level: $71

62% FIB Retracement Level: $100

Stellar’s Lumen

Stellar’s Lumen tumbled by 8.98% on Monday. Following on from a 2.16% decline on Sunday, Stellar’s Lumen ended the day at $0.069945.

It was also a mixed start to the week. Stellar’s Lumen rose to an early morning intraday high $0.077397 before hitting reverse.

Falling short of the first major resistance level at $0.07859, Stellar’s Lumen slid to an early afternoon intraday low $0.06897.

Stellar’s Lumen slid through the day’s major support levels before a brief recovery to $0.071 levels.

Stellar’s Lumen broke back through the third major support level at $0.07014 before falling back to sub-$0.070 levels.

At the time of writing, Stellar’s Lumen was up by 1.21% to $0.07079. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.069497 before rising to a high $0.071702.

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

XLM/USD 22/09/20 Hourly Chart

For the day ahead

Stellar’s Lumen would move through the $0.07210 pivot to support a run at the first major resistance level at $0.07524.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back out from $0.072 levels.

Barring a broad-based crypto rally, resistance at $0.072 would likely leave Stellar’s Lumen short of the first major resistance level.

Failure to move through the $0.07210 pivot level would bring the first major support level at $0.06681 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer well clear of the second major support level at $0.06368.

Looking at the Technical Indicators

First Major Support Level: $0.06681

First Major Resistance Level: $0.07524

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 7.76% on Monday. Following on from a 2.12% decline on Sunday, Tron’s TRX ended the day at $0.024883.

Tracking the broader market, Tron’s TRX rose to an early morning intraday high $0.027594 before hitting reverse.

Falling short of the first major resistance level at $0.02777, Tron’s TRX slid to a late afternoon intraday low $0.024508.

Tron’s TRX fell through the first major support level at $0.02623 and the second major support level at $0.02548.

Finding late support, Tron’s TRX briefly revisited $0.0253 levels before easing back into the deep red.

At the time of writing, Tron’s TRX was up by 1.01% to $0.02514. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.02464 before rising to a high $0.02539.

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

TRX/USD 22/09/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move through the $0.02577 pivot level to support a run at the first major resistance level at $0.02682.

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

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

Failure to move through the $0.02566 pivot level would bring the first major support level at $0.02373 into play.

Barring another extended crypto sell-off, however, Tron’s TRX should steer clear of sub-$0.023 levels. The second major support level sits at $0.02258.

Looking at the Technical Indicators

First Major Support Level: $0.02373

First Major Resistance Level: $0.02682

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

Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – September 21st, 2020

Litecoin

Litecoin slid by 2.89% on Sunday. Following on from a 0.14% decline on Saturday, Litecoin ended the week down by 2.28% to $47.09.

It was a bearish end to the week. Litecoin fell from an early morning intraday high $48.52 to a late afternoon intraday low $46.20.

Litecoin fell through the first major support level at $47.64 and the second major support level at $46.81.

Finding late support, Litecoin broke back through the second major support level to wrap up the day at $47 levels.

At the time of writing, Litecoin was up by 0.23% to $47.20. A mixed start to the day saw Litecoin fall to an early morning low $46.80 before rising to a high $47.40.

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

LTC/USD 21/09/20 Hourly Chart

For the day ahead

Litecoin would need to move through the $47.27 pivot to support a run at the first major resistance level at $48.34.

Support from the broader market would be needed, however, for Litecoin to break back through to $48 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $48.52 would likely cap any upside.

Failure to move through the $47.27 pivot level would bring the first major support level at $46.02 into play.

Barring an extended sell-off on the day, however, Litecoin should steer clear of the second major support level at $44.95.

Looking at the Technical Indicators

First Major Support Level: $46.02

First Major Resistance Level: $48.34

23.6% FIB Retracement Level: $

38.2% FIB Retracement Level: $71

62% FIB Retracement Level: $100

Stellar’s Lumen

Stellar’s Lumen slid by 2.16% on Sunday. Reversing a 0.24% gain from Saturday, Stellar’s Lumen ended the week down by 3.85% to $0.07689.

It was also a bearish end to the week. Stellar’s Lumen fell from an early morning intraday high $0.078615 to a late afternoon intraday low $0.075229.

The reversal saw Stellar’s Lumen slide through the first major support level at $0.07722 and the second major support level at $0.07595.

Finding late support, Stellar’s Lumen broke back through the second major support level to wrap up the day at $0.076 levels.

At the time of writing, Stellar’s Lumen was up by 0.14% to $0.076994. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.076377 before rising to a high $0.077383.

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

XLM/USD 21/09/20 Hourly Chart

For the day ahead

Stellar’s Lumen would avoid a fall back through the $0.07691 pivot to support a run at the first major resistance level at $0.07859.

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

Barring a broad-based crypto rally, the first major resistance level and Sunday’s high $0.078615 would like cap any upside.

Failure to avoid a fall back through the $0.07691 pivot level would bring the first major support level at $0.07521 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer of the second major support level at $0.07353.

Looking at the Technical Indicators

First Major Support Level: $0.07521

First Major Resistance Level: $0.07859

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX fell by 2.12% on Sunday. Following on from a 4.8% tumble on Saturday, Tron’s TRX ended the week down by 11.84% to $0.026981.

It was a mixed start to the day. Tron’s TRX fell to an early morning low $0.02685 before making a move.

Steering clear of the first major support level at $0.02655, Tron’s TRX struck a late morning intraday high $0.02781.

Tron’s TRX fell well short of the 23.6% FIB of $0.0291 and the first major resistance level at $0.02940, however.

A reversal through the afternoon saw Tron’s TRX slide to a late afternoon intraday low $0.026268.

Tron’s TRX fell through the first major support level at $0.02655 before recovering to wrap up the day at $0.0269 levels.

At the time of writing, Tron’s TRX was up by 1.13% to $0.027286. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.026793 before rising to a high $0.02754.

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

TRX/USD 21/09/20 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through the $0.02702 pivot level to support another run at the first major resistance level at $0.02777.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the morning high $0.027754.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $0.02781 would likely cap any upside.

Failure to avoid a fall back through the $0.02702 pivot level would bring the first major support level at $0.02623 into play.

Barring an extended crypto sell-off, however, Tron’s TRX would likely steer clear of sub-$0.025 levels. The second major support level at $0.02548 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.02623

First Major Resistance Level: $0.02777

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

The Crypto Daily – Movers and Shakers – September 21st, 2020

Bitcoin, BTC to USD, fell by 1.47% on Sunday. Reversing a 1.29% gain from Saturday, Bitcoin ended week up by 5.84% to $10,934.5.

It was a bearish start to the day. Bitcoin slid from an early morning intraday high $11,098.0 to a late afternoon intraday low $10,779.0.

Bitcoin fell through the first major support level at $10,950 and the second major support level at $10,803.

Finding late support, however, Bitcoin broke back through the second major support level to wrap up the day at $10,930 levels.

The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.

The Rest of the Pack

Across the rest of the majors, it was a bearish end to the week.

Bitcoin Cash SV and Tezos led the way down, with losses of 4.78% and 4.11% respectively.

Binance Coin (-3.05%), Bitcoin Cash ABC (-3.60%), and Ethereum (-3.78%) weren’t far behind.

Cardano’s ADA (-2.17%), EOS (-1.05%), Litecoin (-2.89%), Monero’s XMR (-1.72%), Ripple’s XRP (-1.79%), Stellar’s Lumen (-2.16%), and Tron’s TRX (-2.14%) saw relatively modest losses.

It was a mixed week for the crypto majors, however.

Bitcoin Cash ABC (+1.58%), Ethereum (+1.12%), Monero’s XMR (+8.00%), and Ripple’s XRP (+1.83%) bucked the trend in the week.

It was a bearish week for the rest of the pack.

Binance Coin (-15.52%), Tezos (-15.40%), and Tron’s TRX (-11.84%) led the way down.

Bitcoin Cash SV (-6.01%), Cardano’s ADA (-6.07%), EOS (-2.07%), Litecoin (-2.28%), and Stellar’s Lumen (-3.85%) also saw red.

In the week, the crypto total market fell to a Monday low $314.21bn before rising to a Saturday high $341.59bn. At the time of writing, the total market cap stood at $330.57bn.

Bitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 61.25%.

This Morning

At the time of writing, Bitcoin was up by 0.30% to $10,967.0. A mixed start to the day saw Bitcoin fall to an early morning low $10,917.0 before rising to a high $10,967.0.

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

Elsewhere, it was a mixed start to the day.

Binance Coin (-0.25%), Bitcoin Cash SV (-0.59%), EOS (-0.19%), Litecoin (-0.23%), Monero’s XMR (-0.36%), Ripple’s XRP (-0.22%), and Tezos (-0.19%) saw early losses.

It was a relatively bullish day for the rest of the pack, however.

At the time of writing, Tron’s TRX was up by 0.62% to lead the way.

BTC/USD 21/09/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall back through the $10,937 pivot level to support a run at the first major resistance level at $11,095.

Support from the broader market would be needed, however, for Bitcoin to break back through to $11,000 levels.

Barring an extended crypto rally, the first major resistance level and Sunday high $11,098 would likely cap any upside.

In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,256 before any pullback.

Failure to avoid a fall back through the $10,937 pivot would bring the first major support level at $10,776 into play.

Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,500 levels. The second major support level at $10,618 should limit any downside.

The Crypto Daily – Movers and Shakers – September 20th, 2020

Bitcoin, BTC to USD, rose by 1.29% on Saturday. Following a 0.02% slip on Friday, Bitcoin ended the day at $11,098.

It was a range-bound start to the day. Bitcoin dipped to a late morning intraday low $10,920.0 before making a move.

Steering clear of the first major support level at $10,834, Bitcoin struck a mid-day intraday high $11,185.0.

Bitcoin broke through the first major resistance level at $11,073 before easing back.

Coming up against the second major resistance level at $11,188, Bitcoin fell back through the first major resistance level to sub-$11,040 levels.

Finding late support, however, Bitcoin broke back through the first major resistance level to wrap up the day at $11,090 levels.

The near-term bullish trend remained intact, supported by the latest visit to $11,000 levels. For the bears, Bitcoin would need to slide through the 62% FIB of $6,400 to form a near-term bearish trend.

The Rest of the Pack

Across the rest of the majors, it was another mixed day on Saturday.

Binance Coin (-1.74%), Bitcoin Cash SV (-0.70%), Litecoin (-0.14%), Tezos (-2.79%), and Tron’s TRX (-4.81%) saw red on the day.

It was a bullish day for the rest of the majors, however.

Bitcoin Cash ABC (0.10%), Cardano’s ADA (+0.56%), EOS (+0.47%), Ethereum (+0.16%), Monero’s XMR (+2.11%), Ripple’s XRP (+0.17%), and Stellar’s Lumen (+0.28%) joined Bitcoin in the green.

In the current week, the crypto total market fell to a Monday low $314.21bn before rising to a Saturday high $341.59bn. At the time of writing, the total market cap stood at $336.10bn.

Bitcoin’s dominance rose from a Monday low 59.64% to a Wednesday high 61.56%. At the time of writing, Bitcoin’s dominance stood at 60.89%.

This Morning

At the time of writing, Bitcoin was down by 0.13% to $11,084.0. A bearish start to the day saw Bitcoin fall from an early morning high $11,098.0 to a low $11,081.0

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

Elsewhere, it was another mixed start to the day

Bitcoin Cash SV (+0.31%) and Tezos (+0.28%) bucked the trend with modest gains early on.

It was a bearish start to the day for the rest of the majors, however.

At the time of writing, Tron’s TRX was down by 0.92% to lead the way down.

BTC/USD 20/09/20 Hourly Chart

For the Bitcoin Day Ahead

Bitcoin would need to avoid a fall through the $11,068 pivot level to support a run at the first major resistance level at $11,215.

Support from the broader market would be needed, however, for Bitcoin to breakout from Saturday’s high $11,185.0.

Barring an extended crypto rally, the first major resistance level and current week high $11,185.0 would likely cap any upside.

In the event of a crypto breakout, Bitcoin could test the second major resistance level at $11,333 and resistance at $11,500 before any pullback.

Failure to avoid a fall through the $11,068 pivot would bring the first major support level at $11,950 into play.

Barring an extended crypto sell-off, however, Bitcoin should steer clear of sub-$10,700 levels. The second major support level at $11,803 should limit any downside.