Accounts on The TRON Network Surpass the 70M+ Mark

The TRON network ecosystem hosts multiple kinds of products, including public chain, wallet client, and dApps, among others. TRON also boasts being the fastest growing public chain in the world with 2.7 billion transactions, millions of DAU, and continuous daily new accounts.

Recent Price Action TRON(TRX)

TRON (TRX) is a virtual currency that was established to fuel the shift away from the centralised web to a more decentralised internet by removing intermediary control over entertainment enjoyed by corporations such as iTunes and Facebook.

Unlike conventional cryptocurrencies such as Bitcoin and Ethereum, TRX was not created to be an alternative to fiat currencies but to deliver a payment system and platform for creators who publish and store their works on the TRON blockchain. There exist a finite number of TRX coins, amounting to 100 billion, which were released at the launch of TRON.

TRX hit an all-time high of $0.3004 on the 5th January 2018 at a time of a strong rally in cryptocurrency prices, although it ended the year at around $0.01 as a result of market collapse. TRX price bottomed out again in March 2020 but burst to a peak of $0.1799 on 17th April during another cryptocurrency market rally. TRX subsequently fell sharply over the next week before reaching a peak of $0.15 in May.

A series of fluctuations from June to August saw the price of TRX drop to lows of $0.04917 in July prior to a rally which saw it peak at $0.0951 on 15th August. Another longer rally saw TRX peak in September at $0.12, with November 15 recording a high of $0.1291 after a dip and slight recovery.

An announcement on 23rd November by eToro, one of the leading brokerage firms globally, that it would be de-listing TRX and ADA (Cardano) from its platform by the end of the year due to regulatory concerns led to a 5% dip in TRX prices within 24hours.

At the moment, the TRX/USD chart is bearish since the cryptocurrency is trading in the red zone. By 29th December 2020, TRX had been trading below its 50-day moving average of $0.0933 and had been below that level for three weeks. The MACD line currently sits in the red region while TRX’s RSI could dip further into the oversold territory.

Can the price of TRX return to All-Time Highs?

TRX is on the decline this week, trading at $0.07, having lost 3.7% of its value in the past 7 days. The coin also shows a decline of 16% in the last month, although there is a 150% gain over the past year. TRON’s current price is also 74% below its all-time high of $0.3 in 2018.

At the moment, TRX is on a bearish trend and risks slipping below the current price of $0.07. However, some like Wallet Investors are predicting a bullish trend, forecasting the price will rise to $0.164 at the end of 2022 and that it will more than double to $0.41 by the end of 2026.

Others like DigitalCoin are also bullish but expect the price rise to rise at a slower rate, predicting an average price of $0.123 in 2022 which rises to $0.15 in 2025.

Top Crypto Price Updates: Tron (TRX), Stellar (XLM), Fantom (FTM), Bitgert (BRISE) & Decentraland (MANA)

Otherwise, a plummeting coin means a loss of investment.

There are cryptocurrencies that have been mooning in the last few days of 2022 and could make an ideal investment choice. Here are top crypto price updates and possible reasons for their price surge.

Tron (TRX)

Tron is among the oldest blockchains developed to address the scaling problem in Bitcoin and Ethereum networks. Launched in late 2017, the team has built a blockchain with higher throughput than Ethereum. It is a smart contract-capable blockchain that allows developers to build and deploy dApps just like Ethereum.

The Tron team has built a powerful platform, and this can be seen in its ecosystem. From the wallet, super-partner feature to dApps, they have made the platform very attractive to investors.

From the launch date, Tron is one of the crypto projects that has been on the red side of the price. It has been mooning since the first day and still has a huge potential of a breakout based on the team’s development plans in the 2022 roadmap. Therefore, we are likely to see more TRX surges in 2022.

Stellar (XLM)

Stella is among the first DeFi projects developed to decentralize the financial industry by enabling peer-to-peer money transfers. Launched in 2014, the project was designed to provide a platform where people can easily move fiat to crypto. The project’s objective is to help people move money across the world easily with minimal friction.

Stellar is one of the most successful projects in the crypto market, and since its launch, it has never been on the negative side of the price chart. It has been mooning mainly because of the incredible platform the team has built over the years.

Stellar 2022 road map looks promising as the team pushes harder to keep the payment platform borderless, limitless, and powerful in DeFi space. With more products coming and improvement of the existing ones, $XLM has huge potential to continue mooning in 2022.

Fantom (FTM)

Fantom (FTM) coin’s price has surged over the last few days, and the trend is expected to continue due to the development happening at the Fantom Foundation. Fantom is a layer-1 blockchain that launched in 2018 to address the issue of scalability in blockchain technology.

As a smart contract platform, the platform has been very key in the development of dApps by providing developers with a more scalable and cheaper network. There are many products running on this smart contract platform. Over the years, the team has been improving the network to accommodate more products to run this ecosystem. This can be seen from successful projects like SpookySwap running on this platform.

The 2022 roadmap has also been key in the recent $FTM price surge. The token is projected to do better this year with the upcoming developments.

Bitgert (BRISE)

Bitgert (BRISE) has been bullish over the last few days of 2022. But a look at the charts shows that this is just a continuation of the 2022 coin performance. $BRISE has been surging from the launch day at the end of July 2021.

The increasing token value results from the project’s developments that are making it super attractive. Bitgert team is building a powerful payment project that also includes a cryptocurrency exchange and a powerful blockchain. This is why it is growing popular with the crypto community.

The team has announced the launch of its centralized cryptocurrency exchange (Brise exchange) in Q1 2022 and a zero gas fee blockchain later. The gasless blockchain is already in the development stage, and the launch date is expected to be announced soon.

Another reason for the $BRISE surge is the announcement regarding development team doxxing. The team has also announced the registering of the project as a legal entity in the Cayman Islands, as well as the launch of the iOS wallet. A lot is happening behind this project that is attracting crypto investors. Visit the Bitgert website for more about the project.

Decentraland (MANA)

Decentraland (MANA) is a unique decentralized platform in that it is a virtual world that enables users to trade in a virtual space. The price of $MANA has been surging over the last few days, but this has been the case with this token. Since it was launched in 2017, the cryptocurrency has been doing very well in the market.

Decentraland has been exploring the virtual and has been collaborating with various virtual projects, which has brought a lot of attention to the crypto market. This includes supporting various virtual fashion and many virtual events, including Music and entertainment, CryptoArt galleries, and immersive games;

The platform is increasingly becoming popular with virtual artists, and the coming of the metaverse industry has a positive effect on the platform. The project has been increasing its utility, which is why the token price is surging.

There are many reasons why these cryptocurrencies’ prices are surging, but these are just some of them. Before making an investment, conducting thorough research is highly recommended.

 

 

BitTorrent’s Price Surges Despite Poor Market Performance

The cryptocurrency market has lost nearly $100 billion over the past 24 hours, with the total market cap now above $2.2 trillion. Bitcoin has dropped below the $50k level again while Ether struggles to defend the $3,600 support level.

BTT Rallies by More Than 4%

BTT, the native token of the BitTorrent platform, is up by more than 4% over the past 24 hours. The rally comes despite the broader cryptocurrency market currently underperforming. At press time, BTT is trading at $0.0029 per token.

BitTorrent is a software that connects parties accessing its network to compute file sharing requests. Its native token, BTT, is a TRC-10 utility token based on the Tron blockchain.

Tron, the blockchain project headed by Justin Sun, acquired BitTorrent in 2018 in a deal worth approximately $126 million and hasn’t made any significant changes to how BitTorrent operates.

While BTT is currently rallying, TRX, the native coin of the Tron blockchain, is underperforming. TRX is trading at $0.0785, down by 1.26% over the past 24 hours.

BTT Could Break Past its 50-day EMA Soon

The BTT/USD daily chart is looking bullish thanks to the cryptocurrency’s recent performance. The technical indicators show that BTT’s performance is improving, and the token’s price could increase in the coming hours.

BTT could soon break past its 50-day EMA. Source: FXEMPIRE

BTT is still trading below its 50-day moving average of $0.0031 but could surpass that level soon if the market condition remains unchanged. The MACD line is below the neutral zone, while the RSI of 48 shows that BTT is just coming out of its oversold region.

TRX Could Slip Below $0.07

The TRX/USD daily chart is bearish at the moment as the cryptocurrency is trading in the red zone. TRX has lost nearly 2% of its value over the past 24 hours and risks dropping below the $0.07 mark if the bearish trend continues.

TRX’s MACD line is below the neutral zone. Source: FXEMPIRE

TRX is trading below its 50-day moving average of $0.0933 and has been below that level for the past three weeks. The MACD line is also in the negative region, while its RSI could dip further into the oversold territory.

LUNA Rallies After Terra Becomes Second-Biggest DeFi Platform

The decentralized finance (DeFi) space has grown to hold more than $250 billion in total value locked (TVL). Ethereum remains the leading DeFi blockchain, but several others have been performing excellently in recent months.

Terra Overtakes BSC in Terms of TVL

Terra has become the second-largest DeFi blockchain after overtaking the Binance Smart Chain (BSC) a few hours ago. According to the latest data provided by DeFi Llama, the total value locked on the Terra blockchain surpassed $16 billion a few hours ago, overtaking that of Binance Smart Chain in the process.

The DeFi space has experienced massive growth since the start of the year, with over $250 billion in total value locked. Ethereum remains the leading DeFi platform in the world, and Terra has now taken the second position.

Terra has surpassed the likes of Solana, Avalanche and Tron in recent months, making it the fastest-growing DeFi platform in the market. According to the report, Anchor, a savings protocol that allows users to receive low-volatile yields when they deposit the UST algorithmic stablecoin, is currently the most popular DeFi protocol on the Terra blockchain, with over $7 billion in TVL.

LUNA Rallies by More Than 5%

Terra’s latest milestone has benefited LUNA, the native token of the blockchain. LUNA has added more than 30% to its value over the past week and is now the ninth-largest cryptocurrency by market cap, overtaking Avalanche in the process.

At press time, LUNA’s value has been up by more than 5% over the past 24 hours and is currently trading at $77 per coin. In the past three months, LUNA’s value has soared by more than 180%, making it one of the top performers amongst the leading cryptocurrencies.

LUNA is trading above its 100-day SMA

LUNA’s technical indicators show that the coin is currently performing excellently. It is one of the best performers in the market at the moment. LUNA’s MACD line is above the neutral zone, while its RSI of 61 shows that it is heading into the oversold region. Furthermore, LUNA is trading above its 100-day moving average of $47.

If the current condition is maintained, then LUNA could rally towards the $85 support level over the coming hours. In the event of an extended rally, LUNA could reach $90 in the coming hours or days.

Tron Partners with MetaEstate to Build First-Ever Ecological Complex

The metaverse space is one of the fastest-growing in the cryptocurrency industry, with several projects now turning their attention to the emerging market. Justin Sun’s Tron is the latest crypto project to stamp a place in the metaverse space.

Tron Goes Deeper Into NFTs and Metaverse

Tron, one of the top projects in the cryptocurrency space, is the latest to expand its presence in the nonfungible token (NFT) and metaverse sector. According to its latest announcement, the Tron Foundation partnered with MetaEstate, a leading digital real estate platform, to build the first-ever ecological complex.

 

The ecological complex includes the Tron Foundation’s headquarters, digital art museum and convention club. Following this latest development, Tron is the third company after SpaceX and SuperRare to launch a complex in the metaverse.

According to the official announcement, the Tron complex comprises three adjacent buildings that are located on the east coast of Miami. The buildings are the Tron Headquarters, the BT Convention Club and APENFT Digital Art Museum.

The complex also houses the SUN temple located on the opposite side of the coastal landscape. The headquarters serves as a conceptual art museum, and it displays a soft artistic comprehensive output and hard capabilities.

Furthermore, the Tron Headquarters comprises three floors, including a public office area with meeting rooms, an atrium and independent offices with large outdoor terraces.

Tron Could Expand its Presence in the Metaverse Space

The metaverse space is expected to be a trillion-dollar sector thanks to the entry of social media giant Facebook. Other leading metaverse projects, including Decentraland and The Sandbox, have recorded massive growth over the past few months.

With the growth of the metaverse space, Tron could look to expand its presence in the market over the coming months and years. TRX, Tron’s native coin, has underperformed over the past three months. Its value is down by more than 20% over the last three months as the broader crypto market suffers huge losses.

Tron and Cardano Down by More Than 5% After eToro Delisting

US users on eToro will no longer be able to trade Cardano (ADA) and Tron (TRX) starting next month.

eToro Delists ADA and TRX

eToro, one of the leading brokerage firms in the world, announced yesterday that its users in the United States would no longer be able to buy and sell ADA and TRX on its platforms starting next month. This latest development comes due to regulatory concerns regarding the cryptocurrencies.

In its blog post yesterday, eToro said, “US users will not be able to open new ADA or TRX positions starting on December 26, 2021. Additionally, staking for those assets will end on December 31, 2021. These changes are due to business-related considerations in the evolving regulatory environment.”

The brokerage platform assured its US users that they could hold existing ADA and TRX positions and close them at any time. When the positions are closed, eToro will fund a user’s account in USD. eToro said it wouldn’t force users to sell their positions at the moment, and it doesn’t plan to implement force selling in the coming months.

ADA and TRX Dip Following eToro’s Announcement

eToro cited regulatory concerns as the reason why it is delisting ADA and TRX from its platform for US users. The broker, like several crypto exchanges and brokerage platforms in the United States, delisted XRP late last year after the Ripple vs. SEC case began.

The Cardano Foundation, on its part, is working to ensure that the ADA token complies with the necessary financial regulations. In August, the Cardano Foundation partnered integrated Coinfirm’s AML analytics for its ADA coin for compliance with Financial Action Task Force (FATF) guidelines.

ADA/USD chart. Source: FXEMPIRE

ADA and TRX are both down by more than 5% over the past 24 hours since eToro announced their delisting on the platform. At press time, ADA is trading at $1.6 per coin, down by 6.52% over the past 24 hours. ADA’s MACD is below the neutral zone, while its RSI currently stands at 30. The indicators show that ADA is currently oversold and could record further losses over the coming hours.

TRX/USD chart. Source: FXEMPIRE

TRX is also bearish at the moment after losing more than 5% of its value over the past 24 hours to currently trade at $0.0974 per coin. Its MACD line just slipped below the neutral zone while its RSI stands at 43. This, indicating that TRX is bearish at the moment, but its losses are not as much compared to ADA.

XRP has recovered from the massive dip experienced last year after multiple delistings. ADA and TRX could recover from the recent dip over the coming days and weeks.

Tron’s TRX Touched $0.12 Before Market Correction

Tron rallied by more than 10% yesterday but has now retraced as the broader market embarks on a slight correction.

TRX Rallied Following Alchemy Pay Adoption

TRX rose by more than 20% yesterday, outperforming numerous cryptocurrencies in the process. The rally came despite the broader cryptocurrency market underperforming, with TRX one of the top performers amongst the leading cryptocurrencies.

TRX’s rally came after Alchemy Pay announced that it had integrated Tron to enable TRX payment and investment. Alchemy Pay is a crypto-fiat hybrid payment solutions provider and has now made it possible for people to pay for goods and services using TRX and also invest with the cryptocurrency.

Following the announcement, TRX’s price rallied from $0.12 to reach the $0.127 level yesterday. That was the highest level TRX has reached in more than six months. However, TRX’s price has dipped as the broader cryptocurrency embarks on a massive correction. At press time, TRX is down by nearly 10% and is trading at the level prior to the pump; $0.1134.

TRX Could Slip Below $0.10

TRX has lost more than 9% of its value as the broader cryptocurrency market retraces following last week’s rally. If the current momentum continues, then TRX could dip further over the coming hours and lose its support level above $0.11.

TRX/USD chart. Source: FXEMPIRE

If the bears continue to control the market, then TRX could be forced to defend the first major support level at $0.09. However, in the event of an extended market sell-off, TRX could test the $0.081 support level over the coming hours.

The recent bearish sentiment could be a slight retrace before the bulls come back and reclaim the market. If the broader market begins to rally again, then TRX could surge towards the first major resistance level at $1.19. An extended bullish performance would allow TRX to reclaim yesterday’s high and trade at $0.127 per coin.

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

EOS

EOS fell by 0.28% on Monday. Following a 3.64% gain on Sunday, EOS ended the day at $4.6320.

A bullish start to the day saw EOS rise to an early morning intraday high $4.7226 before hitting reverse.

Falling short of the first major resistance level at $4.7946, EOS slid to an early morning intraday low $4.4642.

EOS fell through the first major support level at $4.4710 before briefly revisiting $4.70 levels.

A late pullback, however, saw EOS fall back to sub-$4.65 levels and into the red.

At the time of writing, EOS was down by 0.39% to $4.6141. A mixed start to the day saw EOS fall to an early morning low $4.5623 before rising to a high $4.6965.

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

EOSUSD 021121 Hourly Chart

For the day ahead

EOS would need to avoid a fall back through the $4.6063 pivot to bring the first major resistance level at $4.7483 into play.

Support from the broader market would be needed to break out from Monday’s high $4.7226.

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

In the event of an extended rally, EOS could test resistance at $5.00 levels before any pullback. The second major resistance level sits at $4.8647.

A fall back through the $4.6063 pivot would bring the first major support level at $4.4899 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$4.40 levels. The second major support level sits at $4.3479.

Looking at the Technical Indicators

First Major Support Level: $4.4899

First Major resistance Level: $4.7483

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 1.82% on Monday. Partially reversing a 4.04% rally from Sunday, Stellar’s Lumen ended the day at $0.3663.

A mixed start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.3759 before hitting reverse.

Falling short of the first major resistance level at $0.3759, Stellar’s Lumen slid to an early morning intraday low $0.3577.

Steering clear of the first major support level at $0.3569, however, Stellar’s Lumen revisited $0.37 levels before falling back into the red.

At the time of writing, Stellar’s Lumen was up by 0.08% to 0.3675. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.3684 before falling to a low $0.3631.

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

XLMUSD 021121 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall back through the $0.3666 pivot to bring the first major resistance level at $0.3756 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.37 levels.

Barring an extended rally, the first major resistance level and Monday’s high $0.3759 would likely cap the upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.40 levels before any pullback. The second major resistance level sits at $0.3848.

A fall back through the $0.3666 pivot would bring the first major support level at $0.3574 into play.

Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of the second major support level at $0.3484 and the 23.6% FIB of $0.3402.

Looking at the Technical Indicators

First Major Support Level: $0.3574

First Major Resistance Level: $0.3756

23.6% FIB Retracement Level: $0.3402

38% FIB Retracement Level: $0.4277

62% FIB Retracement Level: $0.5690

Tron’s TRX

Tron’s TRX fell by 1.24% on Monday. Following a 0.30% loss on Sunday, Tron’s TRX ended the day at $0.09995.

A mixed start to the day saw Tron’s TRX fall to an early morning intraday low $0.09762 before making a move.

Tron’s TRX fell through the 38.2% FIB of $0.09890 and the first major support level at $0.09802.

Steering clear of sub-$0.097 levels, however, Tron’s TRX rose to a late morning intraday high $0.1020.

Falling short of the first major resistance level at $0.1036, however, Tron’s TRX fell back to end the day at sub-$0.10 levels.

At the time of writing, Tron’s TRX was up by 0.70% to $0.1007. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.1023 before falling to a low $0.09889.

While leaving the major support and resistance levels untested, Tron’s TRX tested support at the 38.2% FIB of $0.09890 early on.

TRXUSD 021121 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through the $0.09986 pivot to bring the first major resistance level at $0.1021 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Monday’s high $0.1020.

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

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at $0.1050 levels before any pullback. The second major resistance level sits at $0.1042.

A fall back through the $0.09986 pivot would bring the 38.2% FIB of $0.09890 and the first major support level at $0.09771 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.09548.

Looking at the Technical Indicators

First Major Support Level: $0.09771

First Major Resistance Level: $0.1021

23.6% FIB Retracement Level: $0.0787

38.2% FIB Retracement Level: $0.0989

62% FIB Retracement Level: $0.1316

Please let us know what you think in the comments below

Thanks, Bob

The Crypto Market is Alive and Well. 10,000% Returns Remain a Reality for Want to be Billionaires

NFTs have certainly grabbed plenty of headlines. Cryptos remain an investor favorite, however, with volatility continuing to lure investors away from more mature asset classes.

Monetary policy uncertainty and choppier FX markets have given investors all the more reason to jump across.

So, with even Bitcoin making an impressive 1,430% return since it’s 2020 low $4,000, a number of other majors have also made a move.

Recently, news hit the wires of a Shiba Inu Coin wallet holder’s asset value surging from an initial investment of $8,000 to more than $5bn in less than 1-year.

When considering crypto adoption and more widespread accessibility, returns of 10,000% and more remain a reality.

This is even more likely when considering how toppy the global equity markets are at present. With central banks making a shift on monetary policy, more seasoned investors will also look beyond the Dow.

The Contenders

With the crypto markets, there are likely to continue to be two camps.

On the one side, we have those looking for adoption. As we have seen with the likes of Bitcoin, Ethereum, Litecoin, and even Ripple’s XRP, it’s a long and slow process, however.

Movements across the majors have been more sentiment driven. Cryptos are not yet close to competing with the likes of Visa and fiat. The reality is, however, that even Visa has embraced blockchain. This all means that there is a future. Those that compared cryptos to tulips would have certainly rued passing up an investment opportunity that has delivered unprecedented wealth.

When looking at the cryptos that may draw investors in, price is a major factor.

Buying 100 Bitcoin to make a sizeable return is out of reach for many investors, with Bitcoin sitting at $60k plus. 100 Bitcoins would set you back more then $6 million.

Buying even a million coins of some of the low-value cryptos, however, is within the reach of many.

For instance, 2m Shiba Inu Coins would set an investor back $150. Now sitting as a top 10 crypto by market cap, it is a small price to pay for a coin that could reach half a cent or even a Dollar.

Other coins worth considering include Ripple’s XRP. Ranked 7th by market cap, the current concern is how the SEC can impact the platform and XRP in terms of value.

Should the case against Ripple go in favor of the remittance platform, a breakout is likely. Alongside that, a surge in adoption would also follow, supporting further upside.

When considering the ground made by some of the majors over 2020 and 2021, Ripple’s XRP is lagging behind.

Since 2020’s low $0.1165, Ripple’s XRP is up by 856%. To put it into perspective, Shiba Inu Coin surged by 831% in October alone.

Crypto.com Coin, Stellar’s Lumen, Tron’s TRX, VeChain, and Waves could also be big movers. They would need support of the larger cryptos by market cap, however.

If we look at the returns since the great rebound that kicked in back in early 2020:

VeChain has certainly impressed, surging by a whopping 7,400% since it’s March 2020 low.

Stellar’s Lumen (1,328%) and Tron’s TRX (1,424%) have also delivered.

Crypto.com Coin (+779%) and Waves (+390%) have trailed, however, as have many other crypto majors.

Arbitrage coupled with favorable market conditions would suggest than any one of the above could make up ground on VeChain.

A 10,000% return on a $1,000 investment is far too enticing to ignore. The only question would be when investors would cash out…

Investing what one is willing to lose on the hope of a windfall is a reasonable strategy. Those betting their shirts, however, may join those who got burnt in the meltdown of 2018.

To put it into perspective, Bitcoin had peaked at a high of just $19,891 before regulators hit the crypto world in 2018.

To become a crypto whale, folding is just not an option and cutting out the noise is a must.

In Conclusion

A Bitcoin move through to $70,000 and talk of $100,000 would fuel another breakout. Herd-like investing would yield the golden egg for those that choose wisely or diversified widely.

Regulatory news will need to remain market friendly, however, to support another breakout.

With governments, central banks, and banks looking to keep control, it will continue to be a bumpy ride.

If there is anything that the crypto market has shown since the 2017 meltdown, however, it is resilience…

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

EOS

EOS rose by 3.64% on Sunday. Reversing a 0.47% decline from Saturday, EOS ended the week down by 2.30% to $4.6448.

A bullish start to the day saw EOS rise to an early morning intraday high $4.7706 before hitting reverse.

EOS broke through the first major resistance level at $4.5528 and the second major resistance level at $4.6241.

The reversal, however, saw EOS slide to an early afternoon intraday low $4.4470.

Steering clear of the first major support level at $4.3809, EOS broke back through the first major resistance level to end the day at $4.6 levels.

At the time of writing, EOS was up by 1.01% to $4.6916. A mixed start to the day saw EOS fall to an early morning low $4.5951 before rising to a high $4.7226.

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

EOSUSD 011121 Hourly Chart

For the day ahead

EOS would need to avoid a fall back through the $4.6208 pivot to bring the first major resistance level at $4.7946 into play.

Support from the broader market would be needed to break out from Sunday’s high $4.7706.

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

In the event of an extended rally, EOS could test resistance at $5.00 levels before any pullback. The second major resistance level sits at $4.9444.

A fall back through the $4.6208 pivot would bring the first major support level at $4.4710 into play.

Barring another extended sell-off, however, EOS should steer clear of sub-$4.40 levels. The second major support level sits at $4.2972.

Looking at the Technical Indicators

First Major Support Level: $4.4710

First Major resistance Level: $4.7946

23.6% FIB Retracement Level: $6.52

38% FIB Retracement Level: $9.68

62% FIB Retracement Level: $14.77

Stellar’s Lumen

Stellar’s Lumen rose by 4.04% on Sunday. Reversing a 1.02% decline from Saturday, Stellar’s Lumen ended the week up by 0.28% to $0.3732.

A mixed start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.3571 before making a move.

Steering clear of the first major support level at $0.3516, Stellar’s Lumen rallied to a mid-morning intraday high $0.3900.

Stellar’s Lumen broke through the day’s major resistance levels before a slide back to sub-$0.365 levels.

Finding support at the first major resistance level at $0.3656, Stellar’s Lumen broke back through the second major resistance level to end the day at $0.373 levels.

At the time of writing, Stellar’s Lumen was up by 0.25% to $0.3741. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.3694 before rising to a high $0.3749.

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

XLMUSD 011121 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall back through the $0.3734 pivot to bring the first major resistance level at $0.3898 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.38 levels.

Barring an extended rally, the first major resistance level and Sunday’s high $0.3900 would likely cap the upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.40 levels before any pullback. The second major resistance level sits at $0.4063.

A fall back through the $0.3734 pivot would bring the first major support level at $0.3569 into play.

Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of the second major support level sits at $0.3405 and the 23.6% FIB of $0.3402.

Looking at the Technical Indicators

First Major Support Level: $0.3569

First Major Resistance Level: $0.3898

23.6% FIB Retracement Level: $0.3402

38% FIB Retracement Level: $0.4277

62% FIB Retracement Level: $0.5690

Tron’s TRX

Tron’s TRX fell by 0.30% on Sunday. Partially reversing a 1.86% gain from Saturday, Tron’s TRX ended the week up by 2.03% to $0.1012.

A mixed start to the day saw Tron’s TRX rise to an early morning intraday high $0.1029 before hitting reverse.

Falling short of the first major resistance level at $0.1053, Tron’s TRX fell to an early afternoon intraday low $0.09728.

Tron’s TRX fell through the 38.2% FIB of $0.09890 and the first major support level at $0.09754.

Finding mid-afternoon support, Tron’s TRX revisited $0.1021 levels before easing back.

At the time of writing, Tron’s TRX was up by 0.41% to $0.1017. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.1006 before rising to a high $0.1023.

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

TRXUSD 011121 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid the $0.1005 pivot to bring the first major resistance level at $0.1036 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Sunday’s high $0.1029.

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

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at $0.11 levels before any pullback. The second major resistance level sits at $0.1061.

A fall through the $0.1005 pivot would bring the 38.2% FIB of $0.09890 and the first major support level at $0.09802 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.09484.

Looking at the Technical Indicators

First Major Support Level: $0.09802

First Major Resistance Level: $0.1036

23.6% FIB Retracement Level: $0.0787

38.2% FIB Retracement Level: $0.0989

62% FIB Retracement Level: $0.1316

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – October 28th, 2021

EOS

EOS tumbled by 12.00% on Wednesday. Following a 2.01% loss on Tuesday, EOS ended the day at $4.1516.

A bullish start to the day saw EOS rise to an early morning intraday high $4.7788 before hitting reverse.

Falling short of the first major resistance level at $4.8810, EOS tumbled to a late morning intraday low $3.8730.

The extended sell-off saw EOS fall through the day’s major support levels before finding late morning support.

EOS briefly broke back through the third major support level at $4.2160 before ending the day at sub-$4.20 levels.

At the time of writing, EOS was up by 1.17% to $4.2001. A mixed start to the day saw EOS fall to an early morning low $4.1518 before rising to a high $4.2399.

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

EOSUSD 281021 Hourly Chart

For the day ahead

EOS would need to move through the $4.2678 pivot to bring the first major resistance level at $4.6626 into play.

Support from the broader market would be needed to break out from $4.50 levels.

Barring a broad-based crypto rally, the first major resistance and Wednesday’s high $4.7788 would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $5.00 levels before any pullback. The second major resistance level sits at $5.1736.

Failure to move through the $4.2678 pivot would bring the first major support level at $3.7568 into play.

Barring another extended sell-off, however, EOS should steer clear of sub-$3.70 levels. The second major support level sits at $3.3620.

Looking at the Technical Indicators

First Major Support Level: $3.7568

First Major resistance Level: $4.6626

23.6% FIB Retracement Level: $6.52

38% FIB Retracement Level: $9.68

62% FIB Retracement Level: $14.77

Stellar’s Lumen

Stellar’s Lumen slid by 11.52% on Wednesday. Following a 3.81% fall on Tuesday, Stellar’s Lumen ended the day at $0.3304.

A mixed start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.3755 before hitting reverse.

Falling short of the first major resistance level at $0.3850, Stellar’s Lumen slumped to a late morning intraday low $0.3125.

The sell-off saw Stellar’s Lumen fall through the day’s major support levels and the 23.6% FIB of $0.3402.

Steering clear of sub-$0.30 levels, Stellar’s Lumen briefly broke back through the third major support level at $0.3372 before ending the day at sub-$0.3310 levels.

At the time of writing, Stellar’s Lumen was down by 0.03% to $0.3303. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.3297 before rising to a high $0.3323.

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

XLMUSD 281021 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.3395 pivot and the 23.6% FIB of $0.3402 to bring the first major resistance level at $0.3664 into play.

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

Barring an extended rally, the first major resistance level and Wednesday’s high $0.3755 would likely cap the upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.40 levels before any pullback. The second major resistance level sits at $0.4025.

Failure to move through the $0.3395 pivot would bring the first major support level at $0.3034 into play.

Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of sub-$0.30 levels. The second major support level sits at $0.2765.

Looking at the Technical Indicators

First Major Support Level: $0.3034

First Major Resistance Level: $0.3664

23.6% FIB Retracement Level: $0.3402

38% FIB Retracement Level: $0.4277

62% FIB Retracement Level: $0.5690

Tron’s TRX

Tron’s TRX slid by 10.62% on Wednesday. Reversing a 1.00% gain from Tuesday, Tron’s TRX ended the day at $0.09063.

A mixed start to the day saw Tron’s TRX rise to an early morning intraday high $0.1032 before hitting reverse.

Falling short of the first major resistance level at $0.1050, Tron’s TRX slumped to a late morning intraday low $0.08835.

Tron’s TRX fell through the 38.2% FIB of $0.09890 and the day’s major support levels.

Finding late morning support, Tron’s TRX broke back through the third major support level at $0.09008 to end the day at $0.0906 levels.

At the time of writing, Tron’s TRX was up by 1.06% to $0.09160. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.09064 before rising to a high $0.09245.

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

TRXUSD 281021 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move through the $0.09406 pivot and the 38.2% FIB of $0.09890 to bring the first major resistance level at $0.09977 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.099 levels.

Barring an extended crypto rally, the first major resistance level and Wednesday’s high $0.1032 would likely cap the upside.

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at $0.11 levels before any pullback. The second major resistance level sits at $0.1089.

Failure to move through the $0.09406 pivot would bring the first major support level at $0.08492 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.07921.

Looking at the Technical Indicators

First Major Support Level: $0.08492

First Major Resistance Level: $0.09977

23.6% FIB Retracement Level: $0.0787

38.2% FIB Retracement Level: $0.0989

62% FIB Retracement Level: $0.1316

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – October 27th, 2021

EOS

EOS fell by 2.01% on Tuesday. Reversing a 1.24% gain from Monday, EOS ended the day at $4.7170.

A bullish start to the day saw EOS rise to a mid-morning intraday high $4.9326 before hitting reverse.

EOS broke through the first major resistance level at $4.8721 and the second major resistance level at $4.9307.

Falling short of $5.00 levels, however, EOS slid to a late intraday low $4.6563.

The reversal saw EOS fall through the first major support level at $4.7343 to end the day at $4.71 levels.

At the time of writing, EOS was up by 0.08% to $4.7207. A mixed start to the day saw EOS fall to an early morning low $4.6865 before rising to a high $4.7390.

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

EOSUSD 271021 Hourly Chart

For the day ahead

EOS would need to move through the $4.7686 pivot to bring the first major resistance level at $4.8810 into play.

Support from the broader market would be needed to break back through to $4.80 levels.

Barring a broad-based crypto rally, the first major resistance and Tuesday’s high $4.9326 would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $5.10 levels before any pullback. The second major resistance level sits at $5.0449.

Failure to move through the $4.7686 pivot would bring the first major support level at $4.6047 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$4.50 levels. The second major support level at $4.4923 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $4.6047

First Major resistance Level: $4.8810

23.6% FIB Retracement Level: $6.52

38% FIB Retracement Level: $9.68

62% FIB Retracement Level: $14.77

Stellar’s Lumen

Stellar’s Lumen fell by 3.81% on Tuesday. Partially reversing a 4.30% rally from Monday, Stellar’s Lumen ended the day at $0.3733.

A mixed start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.3885 before hitting reverse.

Falling short of the first major resistance level at $0.3939, Stellar’s Lumen slid to a late intraday low $0.3687.

The sell-off saw Stellar’s Lumen fall through the first major support level at $0.3764 to end the day at $0.373 levels.

At the time of writing, Stellar’s Lumen was down by 0.03% to $0.3732. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.3709 before rising to a high $0.3738.

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

XLMUSD 271021 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.3768 pivot to bring the first major resistance level at $0.3850 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.38 levels.

Barring an extended rally, the first major resistance level and Tuesday’s high $0.3885 would likely cap the upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.40 levels before any pullback. The second major resistance level sits at $0.3966.

Failure to move through the $0.3768 pivot would bring the first major support level at $0.3652 into play.

Barring an extended sell-off on the day, Stellar’s Lumen should steer clear of the 23.6% FIB of $0.3402. The second major support level at $0.3570 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.3652

First Major Resistance Level: $0.3850

23.6% FIB Retracement Level: $0.3402

38% FIB Retracement Level: $0.4277

62% FIB Retracement Level: $0.5690

Tron’s TRX

Tron’s TRX rose by 1.00% on Tuesday. Following a 1.08% gain on Monday, Tron’s TRX ended the day at $0.1013.

A mixed start to the day saw Tron’s TRX fall to an early morning low $0.09995 before making a move.

Steering clear of the 38.2% FIB of $0.09890 and the first major support level at $0.09845, Tron’s TRX rallied to a late morning intraday high $0.1061.

Tron’s TRX broke through the first major resistance level at $0.1020 before sliding to a late intraday low $0.09992.

Continuing to steer clear of the major support levels, Tron’s TRX broke back through to $0.1013 levels to end the day in the green.

At the time of writing, Tron’s TRX was up by 0.59% to $0.1019. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.1003 before rising to a high $0.1021.

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

TRXUSD 271021 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move through the $0.1024 pivot to bring the first major resistance level at $0.1050 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from $0.1030 levels.

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $0.1061 would likely cap the upside.

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at $0.11 levels before any pullback. The second major resistance level sits at $0.1086.

Failure to move through the $0.1024 pivot would bring the 38.2% FIB of $0.09890 and the first major support level at $0.09878 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.095 levels. The second major support level at $0.09626 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.09878

First Major Resistance Level: $0.1050

23.6% FIB Retracement Level: $0.0787

38.2% FIB Retracement Level: $0.0989

62% FIB Retracement Level: $0.1316

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – October 26th, 2021

EOS

EOS rose by 1.24% on Monday. Following a 0.19% gain on Sunday, EOS ended the day at $4.8136.

A mixed start to the day saw EOS fall to an early morning intraday low $4.7136 before making a move.

Steering clear of the first major support level at $4.5806, EOS rose to a late morning intraday high $4.8514.

Falling short of the first major resistance level at $5.0057, however, EOS fell back to sub-$4.80 levels before finding late support.

At the time of writing, EOS was up by 0.81% to $4.8527. A mixed start to the day saw EOS fall to an early morning low $4.7903 before rising to a high $4.8527.

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

EOSUSD 261021 Hourly Chart

For the day ahead

EOS would need to avoid the $4.7929 pivot to bring the first major resistance level at $4.8721 into play.

Support from the broader market would be needed to break out from $4.85 levels.

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

In the event of an extended rally, EOS could test resistance at $5.00 levels before any pullback. The second major resistance level sits at $4.9307.

A fall through the $4.7929 pivot would bring the first major support level at $4.7343 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$4.50 levels. The second major support level at $4.6551 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $4.7343

First Major resistance Level: $4.8721

23.6% FIB Retracement Level: $6.52

38% FIB Retracement Level: $9.68

62% FIB Retracement Level: $14.77

Stellar’s Lumen

Stellar’s Lumen rallied by 4.30% on Monday. Reversing a 1.53% loss from Sunday, Stellar’s Lumen ended the day at $0.3880.

A mixed start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.3707 before making a move.

Steering clear of the first major support level at $0.3635, Stellar’s Lumen rallied to a late intraday high $0.3882.

Stellar’s Lumen broke through the first major resistance level at $0.3837 to end the day at $0.388 levels.

At the time of writing, Stellar’s Lumen was down by 0.49% to $0.3861. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.3885 before falling to a low $0.3840.

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

XLMUSD 261021 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid the $0.3823 pivot to bring the first major resistance level at $0.3939 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the morning high $0.3885.

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

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.40 levels before any pullback. The second major resistance level sits at $0.3998.

A fall through the $0.3823 pivot would bring the first major support level at $0.3764 into play.

Barring an extended sell-off on the day, Stellar’s Lumen should steer clear of the 23.6% FIB of $0.3402. The second major support level at $0.3648 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.3764

First Major Resistance Level: $0.3939

23.6% FIB Retracement Level: $0.3402

38% FIB Retracement Level: $0.4277

62% FIB Retracement Level: $0.5690

Tron’s TRX

Tron’s TRX rose by 1.08% on Monday. Partially reversing a 1.36% decline from Sunday, Tron’s TRX ended the day at $0.1003.

A mixed start to the day saw Tron’s TRX fall to an early morning intraday low $0.09828 before making a move.

While steering clear of the first major support level at $0.09677, Tron’s TRX fell through the 38.2% FIB of $0.09890.

Finding early morning support, however, Tron’s TRX rallied to a late morning intraday high $0.1018.

Coming up against the first major resistance level at $0.1018, Tron’s TRX slid back to sub-$0.10 levels before finding support.

Through the afternoon, Tron’s TRX revisited $0.1018 levels before easing back. The first major resistance level pegged Tron’s TRX back once more.

At the time of writing, Tron’s TRX was up by 0.91% to $0.1012. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.1014 before falling to a low $0.09995.

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

TRXUSD 261021 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through the $0.1001 pivot to bring the first major resistance level at $0.1020 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Monday’s high $0.1018.

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

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at $0.1050 levels before any pullback. The second major resistance level sits at $0.1037.

A fall back through the $0.1001 pivot would bring the 38.2% FIB of $0.09890 and the first major support level at $0.09845 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.095 levels. The second major support level at $0.09661 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.09845

First Major Resistance Level: $0.1020

23.6% FIB Retracement Level: $0.0787

38.2% FIB Retracement Level: $0.0989

62% FIB Retracement Level: $0.1316

Please let us know what you think in the comments below

Thanks, Bob

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

EOS

EOS rose by 0.19% on Sunday. Following a 2.75% gain on Saturday, EOS ended the week up by 7.61% to $4.7544.

A bullish start to the day saw EOS rally to a late morning intraday high $5.0832 before hitting reverse.

EOS broke through the first major resistance level at $4.8254 and the second major resistance level at $4.9048.

The reversal, however, saw EOS slide to a late afternoon intraday low $4.6581.

Steering clear of the first major support level at $4.6206, EOS revisited $4.77 levels before easing back.

At the time of writing, EOS was down by 0.19% to $4.7454. A mixed start to the day saw EOS fall to an early morning low $4.7136 before rising to a high $4.7670.

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

EOSUSD 251021 Hourly Chart

For the day ahead

EOS would need to move through the $4.8319 pivot to bring the first major resistance level at $5.0057 into play.

Support from the broader market would be needed to break out from $4.85 levels.

Barring a broad-based crypto rally, the first major resistance and Sunday’s high $5.0832 would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $5.30 levels before any pullback. The third major resistance level sits at $5.2570.

Failure to move through the $4.8319 pivot would bring the first major support level at $4.5806 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$4.50 levels. The second major support level sits at $4.4068.

Looking at the Technical Indicators

First Major Support Level: $4.5806

First Major resistance Level: $5.0057

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 1.53% on Sunday. Reversing a 1.53% gain from Sunday, Stellar’s Lumen ended the week down by 2.96% to $0.3722.

A bullish start to the day saw Stellar’s Lumen rally to a late morning intraday high $0.3866 before hitting reverse.

Stellar’s Lumen broke through the first major resistance level at $0.3813 and the second major resistance level at $0.3845.

The reversal, however, saw Stellar’s Lumen fall to a late afternoon intraday low $0.3664.

Stellar’s Lumen fell through the first major support level at $0.3714 before a partial recovery to end the day at $0.372 levels.

At the time of writing, Stellar’s Lumen was up by 0.83% to $0.3749. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.3707 before rising to a high $0.3749.

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

XLMUSD 251021 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.3751 pivot to bring the first major resistance level at $0.3837 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.38 levels.

Barring an extended rally, the first major resistance level and Sunday’s high $0.3866 would likely cap the upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.40 levels before any pullback. The second major resistance level sits at $0.3953.

Failure to move through the $0.3751 pivot would bring the first major support level at $0.3635 into play.

Barring an extended sell-off on the day, Stellar’s Lumen should steer clear of the 23.6% FIB of $0.3402. The second major support level at $0.3549 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.3635

First Major Resistance Level: $0.3837

23.6% FIB Retracement Level: $0.3402

38% FIB Retracement Level: $0.4277

62% FIB Retracement Level: $0.5690

Tron’s TRX

Tron’s TRX fell by 1.36% on Sunday. Reversing a 0.50% gain from Saturday, Tron’s TRX ended the week up by 0.16% to $0.09923.

A mixed start to the day saw Tron’s TRX rise to a late morning intraday high $0.1019 before hitting reverse.

Falling short of the first major resistance level at $0.1022, Tron’s TRX slid to a late afternoon intraday low $0.09687.

Tron’s TRX fell through the 38.2% FIB of $0.09890 and the first major support level at $0.09848.

Finding late support, however, Tron’s TRX broke back through the first major resistance level and the 38.2% FIB to end the day at $0.099 levels.

At the time of writing, Tron’s TRX was down by 0.39% to $0.09884. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.09828 before rising to a high $0.09963.

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

TRXUSD 251021 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move back through the $0.09933 pivot to bring the first major resistance level at $0.1018 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.10 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $0.1019 would likely cap the upside.

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at $0.1050 levels before any pullback. The second major resistance level sits at $0.1044.

Failure to move back through the $0.09933 pivot would bring the 38.2% FIB of $0.09890 and the first major support level at $0.09677 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.095 levels. The second major support level sits at $0.09430.

Looking at the Technical Indicators

First Major Support Level: $0.09677

First Major Resistance Level: $0.1018

23.6% FIB Retracement Level: $0.0787

38.2% FIB Retracement Level: $0.0989

62% FIB Retracement Level: $0.1316

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – October 21st, 2021

EOS

EOS rallied by 8.19% on Wednesday. Following a 0.98% gain on Tuesday, EOS ended the day at $4.8263.

A mixed start to the day saw EOS fall to an early morning intraday low $4.4386 before making a move.

Steering clear of the first major support level at $4.3776, EOS rallied to a late intraday high $4.8915.

EOS broke through the day’s major resistance levels to wrap up the day at $4.8 levels.

At the time of writing, EOS was up by 1.70% to $4.9084. A mixed start to the day saw EOS fall to an early morning low $4.8024 before rising to a high $4.9084.

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

EOSUSD 211021 Hourly Chart

For the day ahead

EOS would need to avoid the $4.7188 pivot to bring the first major resistance level at $4.9990 into play.

Support from the broader market would be needed to break back through to $4.95 levels.

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

In the event of an extended rally, EOS could test resistance at $5.20 levels before any pullback. The third major resistance level sits at $5.1717.

A fall through the $4.7188 pivot would bring the first major support level at $4.5461 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$4.50 levels. The second major support level sits at $4.2659.

Looking at the Technical Indicators

First Major Support Level: $4.5461

First Major resistance Level: $4.9990

23.6% FIB Retracement Level: $6.52

38% FIB Retracement Level: $9.68

62% FIB Retracement Level: $14.77

Stellar’s Lumen

Stellar’s Lumen rose by 4.79% on Wednesday. Reversing a 1.50% loss from Tuesday, Stellar’s Lumen ended the day at $0.3917.

A mixed start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.3678 before making a move.

Steering clear of the first major support level at $0.3657, Stellar’s Lumen rallied to a late intraday high $0.3924.

Stellar’s Lumen broke through the first major resistance level at $0.3828 and the second major resistance level at $0.3919.

A late pullback, however, saw Stellar’s Lumen fall back through the second major resistance level to end the day at sub-$0.3917.

At the time of writing, Stellar’s Lumen was up by 0.64% to $0.3941. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.3906 before rising to a high $0.3942.

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

XLMUSD 211021 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid the $0.3840 pivot to bring the first major resistance level at $0.4001 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.40 levels.

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

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at the 38.2% FIB of $0.4277 before any pullback. The second major resistance level sits at $0.4086.

A fall through the $0.3840 pivot would bring the first major support level at $0.3755 into play.

Barring an extended sell-off on the day, Stellar’s Lumen should steer clear of sub-$0.35 support levels. The second major support level at $0.3594 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.3755

First Major Resistance Level: $0.4001

23.6% FIB Retracement Level: $0.3402

38% FIB Retracement Level: $0.4277

62% FIB Retracement Level: $0.5690

Tron’s TRX

Tron’s TRX rose by 3.39% on Wednesday. Following a 2.31% gain on Tuesday, Tron’s TRX ended the day at $0.1037.

A mixed start to the day saw Tron’s TRX fall to an early morning intraday low $0.09955 before making a move.

Steering clear of the 38.2% FIB of $0.09890 and the first major support level at $0.09803, Tron’s TRX rallied to a mid-morning intraday high $0.1064.

Tron’s TRX broke through the first major resistance level at $0.1020 and the second major resistance level at $0.1038.

A pullback, however, saw Tron’s TRX fall back through the major resistance levels to sub-$0.1020 before finding support.

Late in the day, Tron’s TRX broke back through the first major resistance level to end the day at $0.1030 levels.

At the time of writing, Tron’s TRX was down by 0.37% to $0.1033. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.1025 before rising to a high $0.1040.

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

TRXUSD 211021 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through the $0.1032 pivot to bring the first major resistance level at $0.1069 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Wednesday’s high $0.1064.

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

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at $0.115 levels before any pullback. The second major resistance level sits at $0.1101.

A fall back through the $0.1032 pivot would bring the first major support level at $0.1000 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.09637. The 38.2% FIB of $0.09890 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.1000

First Major Resistance Level: $0.1069

23.6% FIB Retracement Level: $0.0787

38.2% FIB Retracement Level: $0.0989

62% FIB Retracement Level: $0.1316

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – October 20th, 2021

EOS

EOS rose by 0.98% on Tuesday. After having ended the day flat on Monday, EOS ended the day at $4.4611.

After a mixed morning, EOS rose to an early afternoon intraday high $4.5178 before hitting reverse.

Falling short of the first major resistance level at $4.5387, EOS fell to an early afternoon intraday low $4.3642.

Steering clear of the first major support level at $4.3257, EOS recovered to end the day at $4.46 levels.

At the time of writing, EOS was down by 0.05% to $4.4589. A mixed start to the day saw EOS fall to an early morning low $4.4507 before rising to a high $4.4727.

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

EOSUSD 201021 Hourly Chart

For the day ahead

EOS would need to avoid the $4.4477 pivot to bring the first major resistance level at $4.5312 into play.

Support from the broader market would be needed to break back through to $4.50 levels.

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

In the event of an extended rally, EOS could test resistance at $4.70 levels before any pullback. The third major resistance level sits at $4.6013.

A fall through the $4.4477 pivot would bring the first major support level at $4.3776 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$4.30 levels. The second major support level sits at $4.2941.

Looking at the Technical Indicators

First Major Support Level: $4.3776

First Major resistance Level: $4.5312

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 1.50% on Tuesday. Following a 0.99% decline on Monday, Stellar’s Lumen ended the day at $0.3738.

A mixed start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.3838 before hitting reverse.

Falling short of the first major resistance level at $0.3911, Stellar’s Lumen fell to an early afternoon intraday low $0.3667.

Stellar’s Lumen fell through the first major support level at $0.3721 before briefly revisiting $0.373 levels.

Bearish late in the day, however, Stellar’s Lumen briefly fell back through the first major support level before ending the day at $0.373 levels.

At the time of writing, Stellar’s Lumen was down by 0.82% to $0.3708. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.3744 before falling to a low $0.3706.

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

XLMUSD 201021 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.3748 pivot to bring the first major resistance level at $0.3828 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.38 levels.

Barring an extended rally, the first major resistance level and Tuesday’s high $0.3838 would likely cap the upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.40 levels before any pullback. The second major resistance level sits at $0.3919.

Failure to move through the $0.3748 pivot would bring the first major support level at $0.3657 into play.

Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of sub-$0.35 support levels. The second major support level at $0.3577 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.3657

First Major Resistance Level: $0.3828

23.6% FIB Retracement Level: $0.3402

38% FIB Retracement Level: $0.4277

62% FIB Retracement Level: $0.5690

Tron’s TRX

Tron’s TRX rose by 2.31% on Tuesday. Reversing a 1.04% loss from Monday, Tron’s TRX ended the day at $0.1003.

A mixed start to the day saw Tron’s TRX fall to an early morning intraday low $0.09750 before making a move.

Steering clear of the first major support level at $0.09637, Tron’s TRX rallied to a late morning intraday high $0.1015.

Tron’s TRX broke through the 38.2% FIB of $0.09890 and the first major resistance level at $0.09981.

An early afternoon pullback, however, saw Tron’s TRX fall back to sub-$0.099 levels before a finding support.

Late in the day, Tron’s TRX broke back through the 38.2% FIB and the first major resistance level to end the day at $0.10 levels.

At the time of writing, Tron’s TRX was up by 0.40% to $0.1007. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.1011 before falling to a low $0.1000.

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

TRXUSD 201021 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid the $0.09977 pivot to bring the first major resistance level at $0.1020 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Tuesday’s high $0.1015.

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

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at $0.1050 levels before any pullback. The second major resistance level sits at $0.1038.

A fall through the $0.09977 pivot would bring the 38.2% FIB of $0.09890 and the first major support level at $0.09803 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.096 levels. The second major support level sits at $0.09577.

Looking at the Technical Indicators

First Major Support Level: $0.09803

First Major Resistance Level: $0.1020

23.6% FIB Retracement Level: $0.0787

38.2% FIB Retracement Level: $0.0989

62% FIB Retracement Level: $0.1316

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – October 19th, 2021

EOS

EOS ended the day flat on Monday. Following a 3.22% slide on Sunday, EOS ended the day at $4.4179.

A bullish start to the day saw EOS rise to a late morning intraday high $4.5674 before hitting reverse.

Falling short of the first major resistance level at $4.6068, EOS fell to a late intraday low $4.3544.

Steering clear of the first major support level at $4.2241, EOS moved back through to $4.4 levels to end the day flat.

At the time of writing, EOS was up by 0.13% to $4.4238. A mixed start to the day saw EOS fall to an early morning low $4.3988 before rising to a high $4.4483.

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

EOSUSD 191021 Hourly Chart

For the day ahead

EOS would need to move back through the $4.4466 pivot to bring the first major resistance level at $4.5387 into play.

Support from the broader market would be needed to break back through to $4.50 levels.

Barring a broad-based crypto rally, the first major resistance and Monday’s high $4.5674 would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $4.70 levels before any pullback. The third major resistance level sits at $4.6596.

Failure to move back through the $4.4466 pivot would bring the first major support level at $4.3257 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$4.20 levels. The second major support level at $4.2336 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $4.3257

First Major resistance Level: $4.5387

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 0.99% on Monday. Following a 3.30% loss on Sunday, Stellar’s Lumen ended the day at $0.3796.

After a mixed start to the day, Stellar’s Lumen rose to a mid-day intraday high $0.3952 before hitting reverse.

Falling short of the first major resistance level at $0.4018, Stellar’s Lumen fell to a late intraday low $0.3762.

Steering clear of the first major support level at $0.3666, however, Stellar’s Lumen revisited $0.38 levels before easing back.

At the time of writing, Stellar’s Lumen was down by 0.09% to $0.3792. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.3773 before rising to a high $0.3810.

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

XLMUSD 191021 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.3837 pivot to bring the first major resistance level at $0.3911 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.39 levels.

Barring an extended rally, the first major resistance level and Monday’s high $0.3952 would likely cap the upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at the 38.2% FIB of $0.4277 before any pullback. The second major resistance level sits at $0.4027.

Failure to move through the $0.3837 pivot would bring the first major support level at $0.3721 into play.

Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of the 23.6% FIB of $0.3402. The second major support level at $0.3647 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.3721

First Major Resistance Level: $0.3911

23.6% FIB Retracement Level: $0.3402

38% FIB Retracement Level: $0.4277

62% FIB Retracement Level: $0.5690

Tron’s TRX

Tron’s TRX fell by 1.04% on Monday. Reversing a 0.08% gain from Sunday, Tron’s TRX ended the day at $0.09804.

A mixed start to the day saw Tron’s TRX rise to an early morning intraday high $0.09991 before hitting reverse.

Falling short of the first major resistance level at $0.1021, Tron’s TRX slid to a late intraday low $0.09647.

While steering clear of the first major support level at $0.09568, Tron’s TRX fell through the 38.2% FIB of $0.09890 to end the day at $0.098 levels.

At the time of writing, Tron’s TRX was up by 0.13% to $0.09816. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.09760 before rising to a high $0.09898.

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

TRXUSD 191021 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through the $0.09814 pivot to bring the 38.2% FIB of $0.09890 and the first major resistance level at $0.09981 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.099 levels.

Barring an extended crypto rally, the first major resistance level and Monday’s high $0.09991 would likely cap the upside.

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at $0.1050 levels before any pullback. The second major resistance level sits at $0.1016.

A fall back through the $0.09814 pivot would bring the first major support level at $0.09637 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.09470.

Looking at the Technical Indicators

First Major Support Level: $0.09637

First Major Resistance Level: $0.09981

23.6% FIB Retracement Level: $0.0787

38.2% FIB Retracement Level: $0.0989

62% FIB Retracement Level: $0.1316

Please let us know what you think in the comments below

Thanks, Bob

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

EOS

EOS slid by 3.22% on Sunday. Following a 1.57% decline on Saturday, EOS ended the week down by 3.61% to $4.4180.

A mixed start to the day saw EOS rise to an early morning intraday high $4.6018 before hitting reverse.

Falling short of the first major resistance level at $4.6806, EOS tumbled to a late intraday low $4.2191.

EOS fell through the day’s major support levels before a partial recovery.

Late in the day, EOS moved back through the third major support level at $4.2252 to end the day at $4.36 levels.

At the time of writing, EOS was up by 0.89% to $4.6245. A mixed start to the day saw EOS fall to an early morning low $4.5598 before rising to a high $4.6245.

EOS broke through the first major resistance level at $4.6068 early on.

EOSUSD 181021 Hourly Chart

For the day ahead

EOS would need to avoid a fall back to sub-$4.60 levels to bring the second major resistance level at $4.7957 into play.

Support from the broader market would be needed to break back through to $4.70 levels.

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

In the event of an extended rally, EOS could test resistance at $5.00 levels before any pullback. The third major resistance level sits at $5.1784.

A fall back to sub-$4.60 and through the $4.4130 pivot would bring the first major support level at $4.2241 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$4.00 levels. The second major support level at $4.0303 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $4.2241

First Major resistance Level: $4.6068

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 3.30% on Sunday. Partially reversing a 9.76% rally from Saturday, Stellar’s Lumen ended the week up by 15.81% to $0.3835.

A mixed start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.4032 before hitting reverse.

Falling short of the first major resistance level at $0.4241, Stellar’s Lumen slid to a late intraday low $0.3680.

Steering clear of the first major support level at $0.3655, however, Stellar’s Lumen found late support to end the day at $0.38 levels.

At the time of writing, Stellar’s Lumen was up by 2.10% to $0.3916. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.3802 before rising to a high $0.3917.

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

XLMUSD 181021 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall back through the $0.3849 pivot to bring the first major resistance level at $0.4018 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.40 levels.

Barring an extended rally, the first major resistance level and Sunday’s high $0.4032 would likely cap the upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at the 38.2% FIB of $0.4277 before any pullback. The second major resistance level sits at $0.4201.

A fall back through the $0.3849 pivot would bring the first major support level at $0.3666 into play.

Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of the 23.6% FIB of $0.3402. The second major support level at $0.3497 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.3666

First Major Resistance Level: $0.4018

23.6% FIB Retracement Level: $0.3402

38% FIB Retracement Level: $0.4277

62% FIB Retracement Level: $0.5690

Tron’s TRX

Tron’s TRX rose by 0.08% on Sunday. Following a 0.56% gain from Saturday, Tron’s TRX ended the week up by 1.18% to $0.09869.

After mixed start to the day, Tron’s TRX rose to an early afternoon intraday high $0.1025 before hitting reverse.

Tron’s TRX broke through the 38.2% FIB of $0.09890 and the first major resistance level at $0.1009.

The reversal, however, saw Tron’s TRX slide to a late intraday low $0.09608.

Falling back through the 38.2% FIB, Tron’s TRX also briefly fell through the first major support level at $0.09703.

Finding late support, however, Tron’s TRX broke back through the first major support level to end the day at $0.098 levels.

At the time of writing, Tron’s TRX was up by 0.70% to $0.09976. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.09828 before rising to a high $0.09991

While leaving the major support and resistance levels untested, Tron’s TRX broke through the 38.2% FIB of $0.09890.

TRXUSD 181021 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through the $0.09909 pivot to bring the first major resistance level at $0.1021 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.10 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $0.1025 would likely cap the upside.

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at $0.11 levels before any pullback. The second major resistance level sits at $0.1055.

A fall back through the $0.09909 pivot would bring the 38.2% FIB of $0.09890 and the first major support level at $0.09568 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.09267.

Looking at the Technical Indicators

First Major Support Level: $0.09568

First Major Resistance Level: $0.1021

23.6% FIB Retracement Level: $0.0787

38.2% FIB Retracement Level: $0.0989

62% FIB Retracement Level: $0.1316

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – October 14th, 2021

EOS

EOS rose by 2.32% on Wednesday. Reversing a 1.10% decline from Tuesday, EOS ended the day at $4.6016.

A mixed start to the day saw EOS fall to a late morning intraday low $4.3758 before making a move.

Steering clear of the first major support level at $4.3249, EOS rallied to a late intraday high $4.6105.

Coming up against the first major resistance level at $4.6105, EOS briefly eased back to sub-$4.60 levels.

At the time of writing, EOS was down by 0.35% to $4.5856. A mixed start to the day saw EOS rise to an early morning high $4.6133 before falling to a low $4.5733.

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

EOSUSD 141021 Hourly Chart

For the day ahead

EOS would need to avoid the $4.5293 pivot to bring the first major resistance level at $4.6828 into play.

Support from the broader market would be needed to break out from $4.6150 levels.

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

In the event of an extended rally, EOS could test resistance at $4.80 levels before any pullback. The second major resistance level sits at $4.7640.

A fall through the $4.5293 pivot would bring the first major support level at $4.4481 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$4.30 levels. The second major support level sits at $4.2946.

Looking at the Technical Indicators

First Major Support Level: $4.4481

First Major resistance Level: $4.6828

23.6% FIB Retracement Level: $6.52

38% FIB Retracement Level: $9.68

62% FIB Retracement Level: $14.77

Stellar’s Lumen

Stellar’s Lumen surged by 10.71% on Wednesday. Reversing a 3.43% slide from Tuesday, Stellar’s Lumen ended the day at $0.3681.

A bearish start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.3302 before making a move.

Steering clear of the first major support level at $0.3201, Stellar’s Lumen rallied to an early afternoon intraday high $0.3763.

Stellar’s Lumen broke through the first major support level at $0.3449 and the second major resistance level at $0.3573.

The breakout also saw Stellar’s Lumen break through the 23.6% FIB of $0.3402 to end the day at $0.368 levels.

At the time of writing, Stellar’s Lumen was up by 0.03% to $0.3682. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.3715 before falling to a low $0.3680.

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

XLMUSD 141021 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.3582 pivot to bring the first major resistance level at $0.3862 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Wednesday’s high $0.3763.

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

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.40 levels before any pullback. The second major resistance level sits at $0.4043.

A fall through the $0.3582 pivot would bring the 23.6% FIB of $0.3402 and the first major support level at $0.3401 into play.

Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of sub-$0.32 levels. The second major support level sits at $0.3121.

Looking at the Technical Indicators

First Major Support Level: $0.3401

First Major Resistance Level: $0.3862

23.6% FIB Retracement Level: $0.3402

38% FIB Retracement Level: $0.4277

62% FIB Retracement Level: $0.5690

Tron’s TRX

Tron’s TRX rose by 2.44% on Wednesday. Reversing a 1.42% fall from Tuesday, Tron’s TRX ended the day at $0.09811.

A mixed start to the day saw Tron’s TRX fall to a late morning intraday low $0.09292 before making a move.

Steering clear of the first major support level at $0.09232, Tron’s TRX rallied to a late intraday high $0.09825.

Coming up against the first major resistance level at $0.09819, Tron’s TRX eased back to end the day at $0.0981 levels.

At the time of writing, Tron’s TRX was down by 0.56% to $0.09757. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.09836 before falling to a low $0.09701

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

TRXUSD 141021 Hourly Chart

For the Day Ahead

Tron’s TRX would need avoid the $0.09643 pivot to bring the 38.2% FIB of $0.09890 and the first major resistance level at $0.09993 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.099 levels.

Barring an extended crypto rally, the first major resistance level and resistance at $0.10 would likely cap the upside.

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at $0.1050 levels before any pullback. The second major resistance level sits at $0.1018.

A fall through the $0.09643 pivot would bring the first major support level at $0.09460 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.090 levels. The second major support level at $0.09110 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.09460

First Major Resistance Level: $0.09993

23.6% FIB Retracement Level: $0.0787

38.2% FIB Retracement Level: $0.0989

62% FIB Retracement Level: $0.1316

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – October 13th, 2021

EOS

EOS fell by 1.10% on Tuesday. Following a 0.79% decline on Monday, EOS ended the day at $4.4973.

A mixed start to the day saw EOS rise to an early morning intraday high $4.5514 before hitting reverse.

Falling short of the first major resistance level at $4.7284, EOS slid to a late morning intraday low $4.2658.

EOS fell through the first major support level at $4.3990 before ending the day at $4.49 levels.

At the time of writing, EOS was up by 0.35% to $4.5129. A mixed start to the day saw EOS fall to an early morning low $4.4574 before rising to a high $4.5193

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

EOSUSD 131021 Hourly Chart

For the day ahead

EOS would need to avoid the $4.4382 pivot to bring the first major resistance level at $4.6105 into play.

Support from the broader market would be needed to break out from Tuesday’s high $4.5514.

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

In the event of an extended rally, EOS could test resistance at $4.80 levels before any pullback. The second major resistance level sits at $4.7238.

A fall through the $4.4382 pivot would bring the first major support level at $4.3249 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$4.00 levels. The second major support level at $4.1526 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $4.3249

First Major resistance Level: $4.6105

23.6% FIB Retracement Level: $6.52

38% FIB Retracement Level: $9.68

62% FIB Retracement Level: $14.77

Stellar’s Lumen

Stellar’s Lumen slid by 3.43% on Tuesday. Partially reversing a 3.95% rally from Monday, Stellar’s Lumen ended the day at $0.3326.

A bearish start to the day saw Stellar’s Lumen slide from an early morning intraday high $0.3448 to a midday intraday low $0.3200.

Stellar’s Lumen fell through the 23.6% FIB of $0.3402 and the first major support level at $0.3275.

Steering clear of sub-$0.32 support levels, Stellar’s Lumen broke back through the first major support level to end the day at $0.33 levels.

At the time of writing, Stellar’s Lumen was up by 0.74% to $0.3350. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.3302 before rising to a high $0.3350.

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

XLMUSD 131021 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall back through the $0.3325 pivot to bring the first major resistance level at $0.3449 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the 23.6% FIB of $0.3402.

Barring an extended rally, the first major resistance level and Tuesday’s high $0.3448 would likely cap the upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.36 levels before any pullback. The second major resistance level sits at $0.3573.

A fall back through the $0.3325 pivot would bring the first major support level at $0.3201 into play.

Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of sub-$0.30 levels. The second major support level at $0.3077 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.3201

First Major Resistance Level: $0.3449

23.6% FIB Retracement Level: $0.3402

38% FIB Retracement Level: $0.4277

62% FIB Retracement Level: $0.5690

Tron’s TRX

Tron’s TRX fell by 1.42% on Tuesday. Following a 0.77% loss on Monday, Tron’s TRX ended the day at $0.09577.

A mixed start to the day saw Tron’s TRX rise to an early morning intraday high $0.09716 before hitting reverse.

Falling short of the 38.2% FIB of $0.09890 and the first major resistance level at $0.1007, Tron’s TRX slid to a late morning intraday low $0.09129.

Tron’s TRX fell through the first major support level at $0.09415 before a partial recovery to end the day at $0.095 levels.

At the time of writing, Tron’s TRX was up by 0.34% to $0.09610. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.09488 before rising to a high $0.09610.

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

TRXUSD 131021 Hourly Chart

For the Day Ahead

Tron’s TRX would need avoid the $0.09474 pivot to bring the first major resistance level at $0.09819 and the 38.2% FIB of $0.09890 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.098 levels.

Barring an extended crypto rally, the first major resistance level and the 38.2% FIB would likely cap the upside.

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at $0.10 levels before any pullback. The second major resistance level sits at $0.1006.

A fall through the $0.09474 pivot would bring the first major support level at $0.09232 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.090 levels. The second major support level sits at $0.08887.

Looking at the Technical Indicators

First Major Support Level: $0.09232

First Major Resistance Level: $0.09819

23.6% FIB Retracement Level: $0.0787

38.2% FIB Retracement Level: $0.0989

62% FIB Retracement Level: $0.1316

Please let us know what you think in the comments below

Thanks, Bob