EOS
EOS fell by 0.60% on Tuesday. Following on from a 2.57% slide on Monday, EOS ended the day at $2.6329.
A bullish start to the day saw EOS strike an early morning intraday high $2.6993 before hitting reverse.
Falling short of the first major resistance level at $2.7560, EOS slid to an early afternoon intraday low $2.5048.
The sell-off saw EOS fall through the first major support level at $2.5750.
Coming within range of the second major support level at $2.5014, EOS revisited $2.66 levels before falling back into the red.
At the time of writing, EOS was down by 0.61% to $2.6167. A mixed start to the day saw EOS rise to an early morning high $2.6567 before falling to a low $2.5826.
EOS left the major support and resistance levels untested early on.
For the day ahead
EOS would need to avoid a fall back through the $2.6123 pivot level to support a run at the first major resistance level at $2.7199.
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 would likely cap any upside.
In the event of an extended rally, EOS could test resistance at $2.80 before any pullback. The second major resistance level sits at $2.8068.
Failure to avoid a fall back through the pivot level at $2.6123 would bring the first major support level at $2.5254 into play.
Barring another extended sell-off, however, EOS should steer clear of the second major support level at $2.4178.
Looking at the Technical Indicators
First Major Support Level: $2.5254
First Major resistance Level: $2.7199
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 0.27% on Tuesday. Partially reversing a 3.87% slide from Monday, Stellar’s Lumen day at $0.2618.
A mixed start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.2653 before hitting reverse.
Falling short of the first major resistance level at $0.2725, Stellar’s Lumen fell to an early afternoon intraday low $0.2488.
The sell-off saw Stellar’s Lumen slide through the first major support level at $0.2548.
Finding support at the second major support level at $0.2485, Stellar’s Lumen moved back through to $0.26 levels to reverse the losses from the day.
At the time of writing, Stellar’s Lumen was down by 1.18% to $0.2587. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.2624 before sliding to a low $0.2575.
Stellar’s Lumen left the major support and resistance levels untested early on.
For the day ahead
Stellar’s Lumen would need to avoid a fall back through the $0.2586 pivot to bring the first major resistance level at $0.2685 into play.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Tuesday’s high $0.2653.
Barring an extended crypto rally, the first major resistance level and resistance at $0.27 would likely cap any upside.
In the event of an extended rally, Stellar’s Lumen could test resistance at $0.28 before any pullback. The second major resistance level sits at $0.2751.
Failure to avoid a fall back through the $0.2586 pivot would bring the first major support level at $0.2520 into play.
Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear sub-$0.24 levels. The second major support level at $0.2421 should limit the downside.
Looking at the Technical Indicators
First Major Support Level: $0.2520
First Major Resistance Level: $0.2685
23.6% FIB Retracement Level: $0.3187
38% FIB Retracement Level: $0.2823
62% FIB Retracement Level: $0.1850
Tron’s TRX
Tron’s TRX slipped by 0.34% on Tuesday. Following on from a 1.17% loss on Monday, Tron’s TRX ended the day at $0.02958.
Tracking the broader market, Tron’s TRX rose to an early morning intraday high $0.03028 before hitting reverse.
Falling short of the first major resistance level at $0.03214, Tron’s TRX slid to an early afternoon intraday low $0.02807.
The sell-off saw Tron’s TRX fall through the 23.6% FIB of $0.0291.
Finding support at the first major support level at $0.02809, Tron’s TRX broke back through the 23.6% FIB to end the day at $0.0295 levels.
At the time of writing, Tron’s TRX was down by 0.96% to $0.02930. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.02965 before falling to a low $0.02870.
While steering clear of the major support and resistance levels, Tron’s TRX briefly fell back through the 23.6% FIB of $0.0291.
For the Day Ahead
Tron’s TRX need to move back through the $0.02931 pivot to bring the first major resistance level at $0.03055 into play.
Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.030 levels.
Barring an extended crypto rally, the first major resistance level and Tuesday’s high $0.03028 would likely cap any upside.
In the event of an extended rally Tron’s TRX could resistance at $0.032 before any pullback. The second major resistance level sits at $0.03152.
Failure to move back through the $0.02931 pivot would bring the 23.6% FIB of $0.0291 and the first major support level at $0.02834 into play.
Barring an extended sell-off on the day, Tron’s TRX should steer clear of sub-$0.027 levels. The second major support level at off $0.02710 should limit the downside.
Looking at the Technical Indicators
First Major Support Level: $0.02834
First Major Resistance Level: $0.03055
23.6% FIB Retracement Level: $0.03211
38.2% FIB Retracement Level: $0.0428
62% FIB Retracement Level: $0.0648
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Thanks, Bob