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

EOS

EOS rose by 5.61% on Sunday. Following a 1.01% gain from Saturday, EOS ended the week down by 16.24% to $3.7737.

A mixed start to the day saw EOS fall from an early morning high $3.6530 to a late intraday low $3.4871.

Steering clear of the first major support level at $3.3980, EOS rallied to a final hour intraday high $3.7782.

EOS broke through the first major resistance level at $3.7031 to end the day at $3.77 levels.

At the time of writing, EOS was up by 0.09% to $3.7721. A mixed start to the day saw EOS fall to an early morning low $3.7437 before rising to a high $3.8053.

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

EOSUSD 280621 Hourly Chart

For the day ahead

EOS would need to avoid the $3.6797 pivot to bring the first major resistance level at $3.8722 into play.

Support from the broader market would be needed for EOS to break out from the morning high $3.8053.

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

In the event of an extended rally, EOS could test resistance at $4.00. The second major resistance level sits at $3.9708.

A fall through the $3.6797 pivot and would bring the first major support level at $3.5811 into play.

Barring another extended sell-off, however, EOS should steer clear of sub-$3.50 levels. The second major support level sits at $3.3886.

Looking at the Technical Indicators

First Major Support Level: $3.5811

First Major resistance Level: $3.8722

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 4.13% on Sunday. Following a 3.57% gain from Saturday, Stellar’s Lumen ended week down by 12.68% to $0.2598.

A bullish start to the day saw Stellar’s Lumen rise to an early morning high $0.2585 before hitting reverse.

Stellar’s Lumen broke through the first major resistance level at $0.2564 before sliding to a late intraday low $0.2393.

Steering clear of the first major support level at $0.2353, Stellar’s Lumen rallied to a final hour intraday high $0.2598.

Stellar’s Lumen broke back through the first major resistance level at $0.2564 to end the day at $0.259 levels.

At the time of writing, Stellar’s Lumen was down by 0.87% to $0.2576. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.2619 before falling to a low $0.2564.

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

XLMUSD 280621 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid the $0.2530 pivot to bring the first major resistance level at $0.2666 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.26 levels.

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

In the event of a broad-based crypto rally, Stellar’s Lumen could test the second major resistance level at $0.2735.

A fall through the $0.2530 pivot would bring the first major support level at $0.2461 into play.

Barring an extended sell-off on the day, Stellar’s Lumen should steer clear the second major support level at $0.2325.

Looking at the Technical Indicators

First Major Support Level: $0.2461

First Major Resistance Level: $0.2666

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 3.58% on Sunday. Following a 2.17% gain on Saturday, Tron’s TRX ended the week down by 4.07% to $0.06486.

After a mixed start to the day, Tron’s TRX fell to a late intraday low $0.06070 before making a move.

Steering clear of the first major support level at $0.05974, Tron’s TRX rallied to a final hour intraday high $0.06526 before easing back.

Tron’s TRX broke through the first major resistance level at $0.06435 to end the day at $0.0648 levels.

At the time of writing, Tron’s TRX was up by 0.21% to $0.06500. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.06528 before falling to a low $0.06406.

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

TRXUSD 280621 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through the $0.06361 pivot to bring the first major resistance level at $0.06651 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.066 levels.

Barring an extended crypto rally, the first major resistance level and resistance at $0.067 would likely cap any upside.

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at $0.070 before any pullback. The second major resistance level sits at $0.06817.

A fall through the $0.06361 pivot would bring the first major support level at $0.06195 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.060 levels. The second major support level sits at $0.05905.

Looking at the Technical Indicators

First Major Support Level: $0.06195

First Major Resistance Level: $0.6651

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 – June 24th, 2021

EOS

EOS rallied by 8.26% on Wednesday. Reversing a 3.61% fall from Tuesday, EOS ended the day at $3.6700.

A mixed start to the day saw EOS fall to an early morning intraday low $3.2743 before making a move.

Steering clear of the first major support level at $3.0307, EOS rose to an early afternoon intraday high $3.8103.

EOS broke through the first major resistance level at $3.7569 before easing back to end the day at sub-$3.70 levels.

At the time of writing, EOS was up by 0.10% to $3.6738. A mixed start to the day saw EOS fall to an early morning low $3.6455 before rising to a high $3.7280.

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

EOSUSD 240621 Hourly Chart

For the day ahead

EOS would need to avoid the $3.5849 pivot to bring the first major resistance level at $3.8954 into play.

Support from the broader market would be needed for EOS to break out from Wednesday’s high $3.8103.

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

In the event of an extended rally, EOS could test resistance at $4.20. The second major resistance level sits at $4.1209.

A fall through the $3.5849 pivot and would bring the first major support level at $3.3594 into play.

Barring another extended sell-off, however, EOS should steer clear of sub-$3.00 levels. The second major support level at $3.0489 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $3.3594

First Major resistance Level: $3.8954

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 8.53% on Wednesday. Reversing a 0.21% fall from Tuesday, Stellar’s Lumen ended the day at $0.2557.

A mixed start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.2248 before making a move.

Steering clear of the first major support level at $0.2032, Stellar’s Lumen rose to a mid-morning intraday high $0.2701.

Stellar’s Lumen broke through the first major resistance level at $0.2636 before a brief pullback to sub-$0.25 levels.

At the time of writing, Stellar’s Lumen was up by 0.26% to $0.2564. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.2598 before falling to a low $0.2548.

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

XLMUSD 240621 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid the $0.2502 pivot to bring the first major resistance level at $0.2756 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.27 levels.

Barring an extended rally, the first major resistance level and resistance at $0.28 would likely cap any upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.30 before any pullback. The second major resistance level sits at $0.2955.

Failure to avoid a fall through the $0.2502 pivot would bring the first major support level at $0.2303 into play.

Barring another extended sell-off on the day, Stellar’s Lumen should steer clear the second major support level at $0.2049.

A sustained fall through the 62% FIB of $0.3216 led to the formation a near-term bearish trend from 16th May’s swing hi $0.7978.

Looking at the Technical Indicators

First Major Support Level: $0.2303

First Major Resistance Level: $0.2756

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 surged by 13.39% on Wednesday. Reversing a 4.45% decline from Tuesday, Tron’s TRX ended the day at $0.05791.

A mixed start to the day saw Tron’s TRX fall to an early morning intraday low $0.04947 before making a move.

Steering clear of the first major support level at $0.04588, Tron’s TRX rallied to an early afternoon intraday high $0.05796.

Tron’s TRX broke through the first major resistance level at $0.05648 before a fall back to $0.053 levels.

Finding late support, however, Tron’s TRX broke back through the first major resistance level to wrap up the day at $0.057 levels.

At the time of writing, Tron’s TRX was up by 5.09% to $0.06086. A bullish start to the day saw Tron’s TRX rise from an early morning low $0.05763 to a high $0.06121.

Tron’s TRX broke through the first major resistance level at $0.06076 early on.

TRXUSD 240621 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through the first major resistance level at $0.06076 to target $0.070 levels.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the second major resistance level at $0.06360.

Barring an extended crypto rally, the second major resistance level and resistance at $0.065 would likely cap any upside.

In the event of a broad-based crypto rally, Tron’s TRX could test the third major resistance level at $0.07209 before any pullback.

A fall through the first major resistance level and the $0.05511 pivot would bring the first major support level at $0.05227 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.050 levels. The second major support level sits at $0.04662.

A sustained fall back through the 62% FIB of $0.0748 led to the formation a near-term bearish trend from April’s swing hi $0.1844.

Looking at the Technical Indicators

First Major Support Level: $0.05227

First Major Resistance Level: $0.06076

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 – June 22nd, 2021

EOS

EOS slumped by 21.95% on Monday. Following an 11.46% decline from last week, EOS ended the day at $3.5171.

A mixed start to the day saw EOS rise to an early morning intraday high $4.5291 before hitting reverse.

Falling short of the first major resistance level at $4.6586, EOS slid to a late intraday low $3.5057.

EOS fell through the day’s major support levels before finding support. Late in the day, EOS broke back through the third major support level at $3.5168 to revisit $3.70 levels before easing back.

At the time of writing, EOS was up by 3.61% to $3.6441. A mixed start to the day saw EOS fall to an early morning low $3.3513 before rising to a high $3.6885.

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

EOSUSD 220621 Hourly Chart

For the day ahead

EOS would need to move through the $3.8506 pivot to bring the first major resistance level at $4.1956 into play.

Support from the broader market would be needed for EOS to break back through to $4.00 levels.

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

In the event of an extended rally, EOS could test resistance at $4.50. The second major resistance level sits at $4.8740.

Failure to move through the $3.8506 pivot and would bring the first major support level at $3.1722 into play.

Barring another extended sell-off, however, EOS should steer clear of sub-$3.00 levels. The second major support level sits at $2.8272.

Looking at the Technical Indicators

First Major Support Level: $3.1722

First Major resistance Level: $4.1956

23.6% FIB Retracement Level: $6.52

38% FIB Retracement Level: $9.68

62% FIB Retracement Level: $14.77

Stellar’s Lumen

Stellar’s Lumen tumbled by 20.71% on Monday. Following a 13.74% loss from last week, Stellar’s Lumen ended the day at $0.2359.

A mixed start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.3025 before hitting reverse.

Falling short of the first major resistance level at $0.3079, Stellar’s Lumen slid to a late intraday low and a new swing lo $0.2353.

Stellar’s Lumen fell through the first major support level at $0.2784 and the second major support level at $0.2592 to end the day at $0.23 levels.

At the time of writing, Stellar’s Lumen was up by 5.69% to $0.2494. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.2260 before rising to a high $0.2502.

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

XLMUSD 220621 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.2579 pivot to bring the first major resistance level at $0.2805 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from $0.25 levels.

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

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.30 before any pullback. The second major resistance level sits at $0.3251.

Failure to move through the $0.2579 pivot would bring the first major support level at $0.2133 into play.

Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of sub-$0.20 levels. The second major support level sits at $0.1907.

A sustained fall through the 62% FIB of $0.3216 led to the formation a near-term bearish trend from 16th May’s swing hi $0.7978.

Looking at the Technical Indicators

First Major Support Level: $0.2133

First Major Resistance Level: $0.2805

23.6% FIB Retracement Level: $0.3681

38% FIB Retracement Level: $0.4502

62% FIB Retracement Level: $0.5829

Tron’s TRX

Tron’s TRX tumbled by 20.94% on Monday. Following a 5.31% fall from last week, Tron’s TRX ended the day at $0.05347.

A mixed start to the day saw Tron’s TRX rise to an early morning intraday high $0.06828 before hitting reverse.

Falling short of the first major resistance level at $0.07001, Tron’s TRX slid to a late intraday low and a new swing lo $0.05312.

Tron’s TRX fell through the day’s major support levels to end the day at sub-$0.054 levels.

At the time of writing, Tron’s TRX was up by 2.63% to $0.05486. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.05175 before rising to a high $0.05614.

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

TRXUSD 220621 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move through the $0.05829 pivot to bring the first major resistance level at $0.06346 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.060 levels.

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

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at $0.070 before any pullback. The second major resistance level sits at $0.07345.

Failure to move through the $0.05829 pivot would bring the first major support level at $0.04830 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.04313.

A sustained fall back through the 62% FIB of $0.0748 led to the formation a near-term bearish trend from April’s swing hi $0.1844.

Looking at the Technical Indicators

First Major Support Level: $0.04830

First Major Resistance Level: $0.06346

23.6% FIB Retracement Level: $0.0841

38.2% FIB Retracement Level: $0.1033

62% FIB Retracement Level: $0.1343

Please let us know what you think in the comments below

Thanks, Bob

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

EOS

EOS rose by 0.91% on Sunday. Partially reversing a 2.24% fall from Saturday, EOS ended the week down by 11.46% to $4.5060.

A mixed start to the day saw EOS rise to a mid-morning high $4.5090 before hitting reverse.

Falling short of the major resistance levels, EOS slid to a midday intraday low $4.1009.

EOS fell through the first major support level at $4.3770 and the second major support level at $4.2886.

Finding support from the broader market, however, EOS rallied to a late intraday high $4.5324.

In spite of the rebound, EOS fell short of the first major resistance level at $4.6288 on the day.

At the time of writing, EOS was down by 0.83% to $4.4685. A mixed start to the day saw EOS rise to an early morning high $4.5291 before falling to a low $4.4470.

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

EOSUSD 210621 Hourly Chart

For the day ahead

EOS would need to avoid the $4.3798 pivot to bring the first major resistance level at $4.6586 into play.

Support from the broader market would be needed for EOS to break out from Sunday’s high $4.5324.

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

In the event of an extended rally, EOS could test resistance at $5.00. The second major resistance level sits at $4.8113.

A fall through the $4.3798 pivot and would bring the first major support level at $4.2271 into play.

Barring another extended sell-off, however, EOS should steer clear of sub-$4.00 levels. The second major support level sits at $3.9483.

Looking at the Technical Indicators

First Major Support Level: $4.2271

First Major resistance Level: $4.6586

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 3.08% on Sunday. Reversing a 2.99% fall from Saturday, Stellar’s Lumen ended the week down by 13.74% to $0.2975.

A mixed start to the day saw Stellar’s Lumen rise to a mid-morning high $0.2968 before hitting reverse.

Falling short of the major resistance levels, Stellar’s Lumen slid to a midday intraday low $0.2696.

Stellar’s Lumen fell through the first major support level at $0.2826 and the second major support level at $0.2767.

Finding afternoon support, however, Stellar’s Lumen broke back through the major support levels to strike a late intraday high $0.2991.

In spite of the rebound, Stellar’s Lumen came up short of the first major resistance level at $0.3005 on the day.

At the time of writing, Stellar’s Lumen was up by 0.28% to $0.2983. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.3025 before falling to a low $0.2961.

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

XLMUSD 210621 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid the $0.2887 pivot to bring the first major resistance level at $0.3079 back into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.30 levels.

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

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.32 before any pullback. The second major resistance level sits at $0.3182.

A fall through the $0.2887 pivot would bring the first major support level at $0.2784 into play.

Barring an extended sell-off on the day, Stellar’s Lumen should steer clear of sub-$0.26 levels. The second major support level sits at $0.2592.

A sustained fall through the 62% FIB of $0.3216 led to the formation a near-term bearish trend from 16th May’s swing hi $0.7978.

Looking at the Technical Indicators

First Major Support Level: $0.2784

First Major Resistance Level: $0.3079

23.6% FIB Retracement Level: $0.3943

38% FIB Retracement Level: $0.4714

62% FIB Retracement Level: $0.5960

Tron’s TRX

Tron’s TRX fell by 0.76% on Sunday. Following a 1.94% decline on Saturday, Tron’s TRX ended the week down by 5.31% to $0.06763.

A mixed start to the day saw Tron’s TRX rise to a mid-morning intraday high $0.06891 before hitting reverse.

Falling short of the first major resistance level at $0.06978, Tron’s TRX slid to a midday intraday low $0.06454.

Tron’s TRX fell through the first major support level at $0.06725 and the second major support level at $0.06634.

Finding support from the broader market, Tron’s TRX broke back through the major support levels to revisit $0.068 levels before easing back.

At the time of writing, Tron’s TRX was down by 0.90% to $0.06702. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.06828 before falling to a low $0.06662.

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

TRXUSD 210621 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid the $0.06653 pivot to bring the first major resistance level at $0.07001 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Sunday’s high $0.06891.

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

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at $0.074 before any pullback. The second major resistance level sits at $0.07238.

A fall through the $0.06653pivot would bring the first major support level at $0.06416 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of sub-$0.060 levels. The second major support level at $0.06068 should limit the downside.

A sustained fall back through the 62% FIB of $0.0748 led to the formation a near-term bearish trend from April’s swing hi $0.1844.

Looking at the Technical Indicators

First Major Support Level: $0.06416

First Major Resistance Level: $0.07001

23.6% FIB Retracement Level: $0.0853

38.2% FIB Retracement Level: $0.1043

62% FIB Retracement Level: $0.1349

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 17th, 2021

EOS

EOS slid by 6.31% on Wednesday. Following a 2.02% decline on Tuesday, EOS ended the day at $4.8629.

A mixed start to the day saw EOS rise to a late morning intraday high $5.2361 before hitting reverse.

Falling short of the first major resistance level at $5.3538, EOS slid to a late intraday low $4.8187.

EOS fell through the first major support level at $5.0683 and the second major support level at $4.9460 to end the day at sub-$4.90 levels.

At the time of writing, EOS was up by 2.15% to $4.9670. A mixed start to the day saw EOS fall to an early morning low $4.8275 before rising to a high $4.9760.

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

EOSUSD 170621 Hourly Chart

For the day ahead

EOS would need to move back through the $4.9726 pivot to bring the first major resistance level at $5.1264 into play.

Support from the broader market would be needed for EOS to move back through to $5.00 levels.

Barring a broad-based crypto rally, the first major resistance level and Wednesday’s high $5.2361 would likely cap any upside.

In the event of an extended rally, EOS could test the second major resistance level at $5.3900.

Failure to move back through the $4.9726 pivot and would bring the first major support level at $4.7090 into play.

Barring another extended sell-off, however, EOS should steer clear of sub-$4.50 levels. The second major support level at $4.5552 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $4.7090

First Major resistance Level: $5.1264

23.6% FIB Retracement Level: $6.52

38% FIB Retracement Level: $9.68

62% FIB Retracement Level: $14.77

Stellar’s Lumen

Stellar’s Lumen slid by 4.82% on Wednesday. Following a 2.83% fall on Tuesday, Stellar’s Lumen ended the day at $0.3176.

A mixed start to the day saw Stellar’s Lumen rise to a late morning intraday high $0.3421 before hitting reverse.

Falling short of the first major resistance level at $0.34707, Stellar’s Lumen slid to a late intraday low $0.3146.

Stellar’s Lumen fell through the first major support level at $0.3250 and the second major support level at $0.3163.

More significantly, Stellar’s Lumen also fell through the 62% FIB of $0.3216.

Finding late support, however, Stellar’s Lumen broke back through the second major support level to end the day at $0.317 levels.

At the time of writing, Stellar’s Lumen was up by 1.62% to $0.3228. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.3161 before rising to a high $0.3230.

While leaving the major support and resistance levels untested early on, Stellar’s Lumen broke through the 62% FIB of $0.3216.

XLMUSD 170621 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.3248 pivot to bring the first major resistance level at $0.3349 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.33 levels.

Barring an extended rally, the first major resistance level and resistance at $0.34 would likely cap any upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.36 before any pullback. The second major resistance level sits at $0.3523.

Failure to move through the $0.3248 pivot would bring the 62% FIB of $0.3216 and the first major support level at $0.3074 into play.

Barring an extended sell-off on the day, Stellar’s Lumen should steer clear of the second major support level at $0.2973.

A sustained fall through the 62% FIB of $0.3216 would form a near-term bearish trend from 16th May’s swing hi $0.7978.

Looking at the Technical Indicators

First Major Support Level: $0.3074

First Major Resistance Level: $0.3349

23.6% FIB Retracement Level: $0.6160

38% FIB Retracement Level: $0.5035

62% FIB Retracement Level: $0.3216

Tron’s TRX

Tron’s TRX fell by 4.01% on Wednesday. Reversing a 0.24% gain from Tuesday, Tron’s TRX ended the day at $0.06903.

A mixed start to the day saw Tron’s TRX rise to an early morning intraday high $0.07289 before hitting reverse.

Falling short of the first major resistance level at $0.07328, Tron’s TRX slid to a late intraday low $0.06825.

Tron’s TRX fell through the first major support level at $0.7060 and the second major support level at $0.06928 to end the day at $0.0690 levels

At the time of writing, Tron’s TRX was up by 1.32% to $0.06994. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.06842 before rising to a high $0.07041.

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

TRXUSD 170621 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move back through $0.07006 pivot to bring the first major resistance level at $0.07186 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.071 levels.

Barring an extended crypto rally, the first major resistance level and Wednesday’s high $0.07289 would likely cap any upside.

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at the 62% FIB of $0.07480 before any pullback. The second major resistance level sits at $0.07470.

Failure to move back through the $0.07006 pivot would bring the first major support level at $0.06722 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.06542.

A sustained fall back through the 62% FIB of $0.0748 would form a near-term bearish trend from April’s swing hi $0.1844.

Looking at the Technical Indicators

First Major Support Level: $0.06722

First Major Resistance Level: $0.07186

23.6% FIB Retracement Level: $0.1426

38.2% FIB Retracement Level: $0.1167

62% FIB Retracement Level: $0.0748

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 16th, 2021

EOS

EOS fell by 2.02% on Tuesday. Partially reversing a 4.01% gain from Monday, EOS ended the day at $5.1906.

A mixed start to the day saw EOS rise to a late morning intraday high $5.3947 before hitting reverse.

Falling short of the first major resistance level at $5.4345, EOS slid to a late intraday low $5.1092.

Steering clear of the first major support level at $5.0565, EOS revisited $5.22 levels before easing back.

At the time of writing, EOS was down by 0.63% to $5.1578. A bearish start to the day saw EOS fall from an early morning high $5.1904 to a low $5.1361.

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

EOSUSD 160621 Hourly Chart

For the day ahead

EOS would need to move through the $5.2315 pivot to bring the first major resistance level at $5.3538 into play.

Support from the broader market would be needed for EOS to break back through to $5.30 levels.

Barring a broad-based crypto rally, the first major resistance level and Tuesday’s high $5.3947 would likely cap any upside.

In the event of an extended rally, EOS could test the second major resistance level at $5.5170.

Failure to move through the $5.2315 pivot and would bring the first major support level at $5.0683 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$5.00 levels. The second major support level sits at $4.9460.

Looking at the Technical Indicators

First Major Support Level: $5.0683

First Major resistance Level: $5.3538

23.6% FIB Retracement Level: $6.52

38% FIB Retracement Level: $9.68

62% FIB Retracement Level: $14.77

Stellar’s Lumen

Stellar’s Lumen fell by 2.83% on Tuesday. Following a 0.49% decline on Monday, Stellar’s Lumen ended the day at $0.3336.

A mixed start to the day saw Stellar’s Lumen rise to a mid-morning intraday high $0.3519 before hitting reverse.

Falling short of the first major resistance level at $0.3532, Stellar’s Lumen slid to a mid-afternoon intraday low $0.3298.

Finding support at the first major support level at $0.3301, Stellar’s Lumen revisited $0.343 levels before sliding back into the red.

At the time of writing, Stellar’s Lumen was down by 0.74% to $0.3311. A bearish start to the day saw Stellar’s Lumen fall from an early morning high $0.3337 to a low $0.3286.

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

XLMUSD 160621 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.3384 pivot to bring the first major resistance level at $0.3471 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.34 levels.

Barring an extended rally, the first major resistance level and Tuesday’s high $0.3519 would likely cap any upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.37 before any pullback. The second major resistance level sits at $0.3605.

Failure to move through the $0.3384 pivot would bring the first major support level at $0.3250 into play.

Barring an extended sell-off on the day, Stellar’s Lumen should steer clear of the second major support level at $0.3163. The 62% FIB of $0.3216 should limit the downside.

A sustained fall through the 62% FIB of $0.3216 would form a near-term bearish trend from 16th May’s swing hi $0.7978.

Looking at the Technical Indicators

First Major Support Level: $0.3250

First Major Resistance Level: $0.3471

23.6% FIB Retracement Level: $0.6160

38% FIB Retracement Level: $0.5035

62% FIB Retracement Level: $0.3216

Tron’s TRX

Tron’s TRX rose by 0.24% on Tuesday. Following a 0.46% gain on Monday, Tron’s TRX ended the day at $0.07191.

A mixed start to the day saw Tron’s TRX rise to a mid-morning intraday high $0.07333 before hitting reverse.

Coming up against the first major resistance level at $0.07324, Tron’s TRX slid to a mid-afternoon intraday low $0.07065.

Steering clear of the first major support level at $0.7008, Tron’s TRX revisited $0.073 levels before easing back.

The first major resistance level at $0.07324 continued to pin Tron’s TRX back on the day.

At the time of writing, Tron’s TRX was down by 0.33% to $0.07168. A bearish start to the day saw fall from an early morning high $0.07191 to a low $0.07084.

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

TRXUSD 160621 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move through $0.07196 pivot to bring the first major resistance level at $0.07328 into play.

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

Barring an extended crypto rally, the first major resistance level and Tuesday’s high $0.07333 would likely cap any upside.

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at the 62% FIB of $0.07480 before any pullback. The second major resistance level sits at $0.07464.

Failure to move through the $0.07196 pivot would bring the first major support level at $0.07060 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.069 levels. The second major support level at $0.06928 should limit the downside.

A sustained fall back through the 62% FIB of $0.0748 would form a near-term bearish trend from April’s swing hi $0.1844.

Looking at the Technical Indicators

First Major Support Level: $0.07060

First Major Resistance Level: $0.07328

23.6% FIB Retracement Level: $0.1426

38.2% FIB Retracement Level: $0.1167

62% FIB Retracement Level: $0.0748

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 15th, 2021

EOS

EOS rose by 4.01% on Monday. Following a 5.35% rally on Sunday, EOS ended the day at $5.2979.

A mixed start to the day saw EOS fall to a late morning intraday low $4.9516 before making a move.

Steering clear of the first major support level at $4.7973, EOS rallied to a late afternoon intraday high $5.3296.

EOS broke through the first major resistance level at $5.2465 before easing back to sub-$5.20 levels.

Finding late support, however, EOS broke back through the first major resistance level to end the day at $5.29 levels.

At the time of writing, EOS was up by 0.42% to $5.3202. A mixed start to the day saw EOS fall to an early morning low $5.2770 before rising to a high $5.3699.

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

EOSUSD 150621 Hourly Chart

For the day ahead

EOS would need to avoid the $5.1930 pivot to bring the first major resistance level at $5.4345 into play.

Support from the broader market would be needed for EOS to break out from this morning’s high $5.3699.

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

In the event of an extended rally, EOS could test resistance at $5.70 before any pullback. The second major resistance level sits at $5.5710.

A fall through the $5.1930 pivot and would bring the first major support level at $5.0565 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$5.00 levels. The second major support level sits at $4.8150.

Looking at the Technical Indicators

First Major Support Level: $5.0565

First Major resistance Level: $5.4345

23.6% FIB Retracement Level: $6.52

38% FIB Retracement Level: $9.68

62% FIB Retracement Level: $14.77

Stellar’s Lumen

Stellar’s Lumen fell by 0.49% on Monday. Following a 5.18% rally on Sunday, Stellar’s Lumen ended the day at $0.3433.

A bearish start to the day saw Stellar’s Lumen fall to a late morning intraday low $0.3269 before making a move.

Steering clear of the 62% FIB of $0.3216 and the first major support level at $0.3209, Stellar’s Lumen rallied to a late afternoon intraday high $0.3500.

Falling short of the first major resistance level at $0.3588, Stellar’s Lumen fell back to end the day at sub-$0.3450 levels.

At the time of writing, Stellar’s Lumen was up by 0.74% to $0.3459. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.3398 before rising to a high $0.3474.

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

XLMUSD 150621 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall back through the $0.3401 pivot to bring the first major resistance level at $0.3532 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Monday’s high $0.3500.

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

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.37 before any pullback. The second major resistance level sits at $0.3632.

A fall back through the $0.3401 pivot would bring the first major support level at $0.3301 into play.

Barring an extended sell-off on the day, Stellar’s Lumen should steer clear of the second major support level at $0.3170. The 62% FIB of $0.3216 should limit the downside.

A sustained fall through the 62% FIB of $0.3216 would form a near-term bearish trend from 16th May’s swing hi $0.7978.

Looking at the Technical Indicators

First Major Support Level: $0.3301

First Major Resistance Level: $0.3532

23.6% FIB Retracement Level: $0.6160

38% FIB Retracement Level: $0.5035

62% FIB Retracement Level: $0.3216

Tron’s TRX

Tron’s TRX rose by 0.46% on Monday. Following a 4.63% gain on Sunday, Tron’s TRX ended the day at $0.07175.

A bearish start to the day saw Tron’s TRX fall to a late morning intraday low $0.06990 before making a move.

Steering clear of the first major support level at $0.6775, Tron’s TRX rallied to a late afternoon intraday high $0.07306.

Falling short of the first major resistance level at $0.7367, Tron’s TRX fell back to sub-$0.0710 levels before finding late support.

A late move back though to $0.0717 levels delivered the upside on the day.

At the time of writing, Tron’s TRX was up by 0.90% to $0.07240. A mixed start to the day saw fall to an early morning low $0.07157 before rising to a high $0.07311.

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

TRXUSD 150621 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through $0.07157 pivot to bring the first major resistance level at $0.07324 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the morning’s high $0.07311.

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

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at the 62% FIB of $0.07480 before any pullback. The second major resistance level sits at $0.07473.

A fall through the $0.07157 pivot would bring the first major support level at $0.07008 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.06841.

A sustained fall back through the 62% FIB of $0.0748 would form a near-term bearish trend from April’s swing hi $0.1844.

Looking at the Technical Indicators

First Major Support Level: $0.07008

First Major Resistance Level: $0.07324

23.6% FIB Retracement Level: $0.1426

38.2% FIB Retracement Level: $0.1167

62% FIB Retracement Level: $0.0748

Please let us know what you think in the comments below

Thanks, Bob

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

EOS

EOS rose by 5.35% on Sunday. Reversing a 1.69% loss from Saturday, EOS ended the week down by 12.96% to $5.0891.

A mixed start to the day saw EOS fall to an early morning intraday low $4.6628 before making a move.

Finding support at the first major support level at $4.6369, EOS rallied to a late intraday high $5.1120.

EOS broke through the first major resistance level at $4.9708 to end the day at $5.08 levels. The second major resistance level at $5.1110 pinned EOS back late in the day.

At the time of writing, EOS was down by 0.24% to $5.0432. A mixed start to the day saw EOS rise to an early morning high $5.1585 before falling to a low $4.9973.

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

EOSUSD 140621 Hourly Chart

For the day ahead

EOS would need to avoid the $4.9546 pivot to bring the first major resistance level at $5.2465 into play.

Support from the broader market would be needed for EOS to break out from the morning high $5.1585.

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

In the event of an extended rally, EOS could test resistance at $5.50 before any pullback. The second major resistance level sits at $5.4038.

A fall through the $4.9546 pivot and would bring the first major support level at $4.7973 into play.

Barring an extended sell-off, however, EOS should steer clear of the second major support level at $4.5054.

Looking at the Technical Indicators

First Major Support Level: $4.7973

First Major resistance Level: $5.2465

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 5.18% on Sunday. Following a 3.11% gain on Saturday, Stellar’s Lumen ended the week down by 9.32% to $0.3449.

A bearish start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.3108 before making a move.

While steering clear of the first major support level at $0.3041, Stellar’s Lumen fell through the 62% FIB of $0.3216.

Finding early afternoon support, however, Stellar’s Lumen rallied to a late intraday high $0.3487.

Stellar’s Lumen broke through the first major resistance level at $0.3487 before ending the day at sub-$0.3450 levels.

At the time of writing, Stellar’s Lumen was down by 1.04% to $0.3413. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.3500 before falling to a low $0.3389.

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

XLMUSD 140621 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid the $0.3348 pivot to bring the first major resistance level at $0.3588 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from this morning’s high $0.3500.

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

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.40 before any pullback. The second major resistance level sits at $0.3727.

A fall through the $0.3348 pivot would bring the 62% FIB of $0.3216 and the first major support level at $0.3209 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 $0.2969.

A sustained fall through the 62% FIB of $0.3216 would form a near-term bearish trend from 16th May’s swing hi $0.7978.

Looking at the Technical Indicators

First Major Support Level: $0.3209

First Major Resistance Level: $0.3588

23.6% FIB Retracement Level: $0.6160

38% FIB Retracement Level: $0.5035

62% FIB Retracement Level: $0.3216

Tron’s TRX

Tron’s TRX rose by 4.63% on Sunday. Reversing a 1.73% loss from Saturday, Tron’s TRX ended the week down by 8.08% to $0.07142.

A bearish start to the day saw Tron’s TRX fall to an early morning intraday low $0.06632 before making a move.

Steering clear of the first major support level at $0.06614, Tron’s TRX rose to a late intraday high $0.07224.

Tron’s TRX broke through the first major resistance level at $0.6992 and the second major resistance level at $0.07158.

A bearish end to the day, however, saw Tron’s TRX fall back through the second major resistance level to end the day at $0.0714 levels.

At the time of writing, Tron’s TRX was down by 0.39% to $0.07114. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.07224 before falling to a low $0.07023.

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

TRXUSD 140621 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through $0.06999 pivot to bring the first major resistance level at $0.07367 and the 62% FIB of $0.07480 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the morning and yesterday’s high $0.07224.

Barring an extended crypto rally, the 62% FIB of $0.07480 would likely cap any upside.

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at $0.080 before any pullback. The second major resistance level sits at $0.07591.

A fall through the $0.06999 pivot would bring the first major support level at $0.06775 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.06407.

A sustained fall back through the 62% FIB of $0.0748 would form a near-term bearish trend from April’s swing hi $0.1844.

Looking at the Technical Indicators

First Major Support Level: $0.06775

First Major Resistance Level: $0.07367

23.6% FIB Retracement Level: $0.1426

38.2% FIB Retracement Level: $0.1167

62% FIB Retracement Level: $0.0748

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 10th, 2021

EOS

EOS rose by 5.72% on Wednesday. Reversing a 2.55% fall from Tuesday, EOS ended the day at $5.3410.

A mixed start to the day saw EOS fall to an early morning intraday low $4.7746 before making a move.

Steering clear of the first major support level at $4.6196, EOS rose to a late afternoon intraday high $5.3960.

EOS broke through the first major resistance level at $5.3716 before easing back to end the day at $5.34 levels.

At the time of writing, EOS was down by 0.30% to $5.3250. A mixed start to the day saw EOS fall to an early morning low $5.3065 before striking a high $5.4743.

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

EOSUSD 100621 Hourly Chart

For the day ahead

EOS would need to avoid the $5.1705 pivot to bring the first major resistance level at $5.5665 into play.

Support from the broader market would be needed for EOS to break out from the morning high $5.4743.

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

In the event of an extended rally, EOS could test resistance at $6.00 before any pullback. The second major resistance level sits at $5.7919.

A fall through the $5.1705 pivot and would bring the first major support level at $4.9451 into play.

Barring another extended sell-off, however, EOS should steer clear of the second major support level at $4.5491.

Looking at the Technical Indicators

First Major Support Level: $4.9451

First Major resistance Level: $5.5665

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 4.55% on Wednesday. Following a 0.89% gain on Tuesday Stellar’s Lumen ended the day at $0.3653.

A bearish start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.3245 before making a move.

Steering clear of the 62% FIB of $0.3216 and the first major support level at $0.3209, Stellar’s Lumen rose to a late intraday high $0.3677.

Stellar’s Lumen broke through the first major resistance level at $0.3675 before easing back to end the day at sub-$0.3670 levels.

At the time of writing, Stellar’s Lumen was down by 0.74% to $0.3626. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.3677 before falling to a low $0.3608.

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

XLMUSD 100621 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid the $0.3525 pivot to bring the first major resistance level at $0.3805 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Wednesday’s and this morning’s high $0.3677.

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

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.40 before any pullback. The second major resistance level sits at $0.3957.

A fall through the $0.3525 pivot would bring the first major support level at $0.3373 and the 62% FIB of $0.3216 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 $0.3093 should limit the downside.

A sustained fall through the 62% FIB of $0.3216 would form a near-term bearish trend from 16th May’s swing hi $0.7978.

Looking at the Technical Indicators

First Major Support Level: $0.3373

First Major Resistance Level: $0.3805

23.6% FIB Retracement Level: $0.6160

38% FIB Retracement Level: $0.5035

62% FIB Retracement Level: $0.3216

Tron’s TRX

Tron’s TRX rose by 4.21 on Wednesday. Following a 1.37% gain on Tuesday, Tron’s TRX ended the day at $0.07555.

A bearish start to the day saw Tron’s TRX fall to an early morning intraday low $0.06986 before making a move.

Steering clear of the first major support level at $0.06852, Tron’s TRX rose to a late intraday high $0.07555.

Tron’s TRX broke through the 62% FIB of $0.07480 and the first major resistance level at $0.07500 to end the day at $0.0755 levels.

At the time of writing, Tron’s TRX was down by 0.74% to $0.07499. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.07595 before falling to a low $0.07442.

While leaving the major support and resistance levels untested, Tron’s TRX tested support at the 62% FIB of $0.07480 early on.

TRXUSD 100621 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through the 62% FIB of $0.07480 and the $0.07365 pivot to bring the first major resistance level at $0.07745 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the morning high $0.07595.

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

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at $0.080 before any pullback. The second major resistance level sits at $0.07934.

A fall through the $0.07365 pivot would bring the first major support level at $0.07176 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.06796.

A sustained fall back through the 62% FIB of $0.0748 would form a near-term bearish trend from April’s swing hi $0.1844.

Looking at the Technical Indicators

First Major Support Level: $0.07176

First Major Resistance Level: $0.07745

23.6% FIB Retracement Level: $0.1426

38.2% FIB Retracement Level: $0.1167

62% FIB Retracement Level: $0.0748

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 9th, 2021

EOS

EOS fell by 2.55% on Tuesday. Following an 11.32% slide on Monday, EOS ended the day at $5.0519.

A bullish start to the day saw EOS rise to an early morning intraday high $5.2590 before hitting reverse.

Falling short of the first major resistance level at $5.7442, EOS slid to a mid-afternoon intraday low $4.5070.

The extended sell-off saw EOS fall through the first major support level at $4.8553 and the second major support level at $4.5253.

Finding late support, however, EOS broke back through the major support levels to end the day at $5.00 levels.

At the time of writing, EOS was down by 3.16% to $4.8919. A mixed start to the day saw EOS rise to an early morning high $5.0801 before falling to a low $4.7524.

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

EOSUSD 090621 Hourly Chart

For the day ahead

EOS would need to move back through the $4.9393 pivot to bring the first major resistance level at $5.3716 into play.

Support from the broader market would be needed for EOS to break out from Tuesday’s high $5.2590.

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

In the event of an extended rally, EOS could test the second major resistance level at $5.6913.

Failure to move back through the $4.9393 pivot and would bring the first major support level at $4.6196 into play.

Barring another extended sell-off, however, EOS should steer clear of the second major support level at $4.1834.

Looking at the Technical Indicators

First Major Support Level: $4.6196

First Major resistance Level: $5.3716

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 0.89% on Tuesday. Following an 8.99% slide on Monday, Stellar’s Lumen ended the day at $0.3496.

After a choppy start to the day, Stellar’s Lumen fell to a mid-afternoon intraday low $0.3102 before finding support.

Stellar’s Lumen fell through the first major support level at $0.3288 and the second major support level at $0.3113.

The extended sell-off also saw Stellar’s Lumen fall through the 62% FIB of $0.3216.

Finding late support, however, Stellar’s Lumen broke back through the 62% FIB and the major support levels to end the day at $0.34 levels.

At the time of writing, Stellar’s Lumen was down by 4.56% to $0.3336. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.3508 before falling to a low $0.3245.

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

XLMUSD 090621 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move back through the $0.3389 pivot to bring the first major resistance level at $0.3675 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Tuesday’s high $0.3568.

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

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.38 before any pullback. The second major resistance level sits at $0.3855.

Failure to move back through the $0.3389 pivot would bring the 62% FIB of $0.3216 and the first major support level at $0.3209 back 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 $0.2923.

A sustained fall through the 62% FIB of $0.3216 would form a near-term bearish trend from 16th May’s swing hi $0.7978.

Looking at the Technical Indicators

First Major Support Level: $0.3209

First Major Resistance Level: $0.3675

23.6% FIB Retracement Level: $0.6160

38% FIB Retracement Level: $0.5035

62% FIB Retracement Level: $0.3216

Tron’s TRX

Tron’s TRX rose by 1.37% on Tuesday. Partially reversing a 7.93% slide from Monday, Tron’s TRX ended the day at $0.07250.

After a mixed start to the day, Tron’s TRX fell to a mid-afternoon intraday low $0.06703 before making a move.

Tron’s TRX fell through the first major support level at $0.06868 before rising to a late intraday high $0.07351.

Falling short of the 62% FIB of $0.07480 and the first major resistance level at $0.07668, Tron’s TRX eased back to end the day at sub-$0.073 levels.

At the time of writing, Tron’s TRX was down by 1.26% to $0.07159. A choppy start to the day saw Tron’s TRX rise to an early morning high $0.07315 before falling to a low $0.06937.

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

TRXUSD 090621 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through $0.07101 pivot to bring the 62% FIB of $0.07480 and the first major resistance level at $0.07500 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Tuesday’s high $0.07351.

Barring an extended crypto rally, the 62% FIB of $0.07480 and the first major resistance level would likely cap any upside.

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at $0.078 before any pullback. The second major resistance level sits at $0.07749.

A fall back through the $0.07101 pivot would bring the first major support level at $0.06852 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of sub-$0.065 levels. The second major support level sits at $0.06453.

A sustained fall back through the 62% FIB of $0.0748 would form a near-term bearish trend from April’s swing hi $0.1844.

Looking at the Technical Indicators

First Major Support Level: $0.06852

First Major Resistance Level: $0.07500

23.6% FIB Retracement Level: $0.1426

38.2% FIB Retracement Level: $0.1167

62% FIB Retracement Level: $0.0748

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 8th, 2021

EOS

EOS slid by 11.32% on Monday. Reversing a 1.25% gain from Sunday, EOS ended the day at $5.1854.

A bullish start to the day saw EOS rise to an early morning intraday high $5.9730 before hitting reverse.

EOS broke through the first major resistance level at $5.7286 before sliding to a late intraday low $5.0841.

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

In spite of briefly revisiting $9.30 levels, EOS failed to break back through the third major support level at $5.3809.

At the time of writing, EOS was down by 1.68% to $5.0984. A mixed start to the day saw EOS rise to an early morning high $5.2890 before falling to a low $5.0888.

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

EOSUSD 080621 Hourly Chart

For the day ahead

EOS would need to move through the $5.4142 pivot to bring the first major resistance level at $5.7442 into play.

Support from the broader market would be needed for EOS to break back through to $5.50 levels.

Barring a broad-based crypto rally, the first major resistance level and Monday’s high $5.9730 would likely cap any upside.

In the event of an extended rally, EOS could test the second major resistance level at $6.3031.

Failure to move through the $5.4142 pivot and would bring the first major support level at $4.8553 into play.

Barring another extended sell-off, however, EOS should steer clear of the second major support level at $4.5253.

Looking at the Technical Indicators

First Major Support Level: $4.8553

First Major resistance Level: $5.7442

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 8.99% on Monday. Reversing a 1.44% gain from Sunday, Stellar’s Lumen ended the day at $0.3462.

Tracking the broader market, Stellar’s Lumen rose to an early morning intraday high $0.3923.

Stellar’s Lumen broke through the first major resistance level at $0.3888 before sliding to a late intraday low $0.3431.

The sell-off saw Stellar’s Lumen fall through the day’s major support levels.

Steadying late in the day, Stellar’s Lumen briefly broke back through the third major support level at $0.3463 before ending the day at $0.3462.

At the time of writing, Stellar’s Lumen was down by 1.99% to $0.3393. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.3526 before falling to a low $0.3384.

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

XLMUSD 080621 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.3605 pivot to bring the first major resistance level at $0.3780 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 would likely cap any upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.40 before any pullback. The second major resistance level sits at $0.4097.

Failure to move through the $0.3605 pivot would bring the first major support level at $0.3288 into play.

Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of the second major support level at $0.3113. The 62% FIB of $0.3216 should limit the downside.

A sustained fall through the 62% FIB of $0.3216 would form a near-term bearish trend from 16th May’s swing hi $0.7978.

Looking at the Technical Indicators

First Major Support Level: $0.3288

First Major Resistance Level: $0.3780

23.6% FIB Retracement Level: $0.6160

38% FIB Retracement Level: $0.5035

62% FIB Retracement Level: $0.3216

Tron’s TRX

Tron’s TRX slid by 7.93% on Monday. Reversing a 2.66% gain from Sunday, Tron’s TRX ended the day at $0.07154.

A bullish start to the day saw Tron’s TRX rise to an early morning intraday high $0.07897 before hitting reverse.

Tron’s TRX broke through the first major resistance level at $0.07864 before sliding to a late intraday low $0.07097.

The reversal saw Tron’s TRX fall through the day’s major support levels and the 62% FIB of $0.07480.

At the time of writing, Tron’s TRX was down by 0.21% to $0.07139. A choppy start to the day saw Tron’s TRX rise to an early morning high $0.07289 before falling to a low $0.07080.

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

TRXUSD 080621 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move through $0.07383 pivot and the 62% FIB of $0.07480 to bring the first major resistance level at $0.07668 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the 62% FIB.

Barring an extended crypto rally, the first major resistance level and Monday’s high $0.07897 would likely cap any upside.

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at $0.080 before any pullback. The second major resistance level sits at $0.08183.

Failure to move through the $0.07383 pivot and the 62% FIB would bring the first major support level at $0.06868 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.06583.

A sustained fall back through the 62% FIB of $0.0748 would form a near-term bearish trend from April’s swing hi $0.1844.

Looking at the Technical Indicators

First Major Support Level: $0.06868

First Major Resistance Level: $0.07668

23.6% FIB Retracement Level: $0.1426

38.2% FIB Retracement Level: $0.1167

62% FIB Retracement Level: $0.0748

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 7th, 2021

EOS

EOS rose by 1.25% on Sunday. Partially reversing a 4.08% decline from Saturday, EOS ended the week down by 3.26% to $5.8467.

A bearish start to the day saw EOS fall to an early morning intraday low $5.7220 before making a move.

Steering clear of the first major support level at $5.5393, EOS rose to an early morning intraday high $5.9516.

Falling short of the first major resistance level at $6.1162, EOS fell back to sub-$5.77 levels before a late move back through to $5.84 levels.

At the time of writing, EOS was up 1.26% to $5.9206. A mixed start to the day saw EOS fall to an early morning low $5.7488 before rising to a high $5.9728.

EOS broke through the first major resistance level at $5.9582 early on.

EOSUSD 070621 Hourly Chart

For the day ahead

EOS would need to avoid a fall back through the $5.8401 pivot to bring the first major resistance level at $5.9582 back into play.

Support from the broader market would be needed for EOS to break back through to $5.95 levels.

Barring a broad-based crypto rally, the first major resistance level and morning high $5.9728 would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $6.20 before any pullback. The second major resistance level sits at $6.0697.

A fall back through the $5.8401 pivot and would bring the first major support level at $5.7286 into play.

Barring an extended sell-off, however, EOS should steer clear of the second major support level at $5.6105.

Looking at the Technical Indicators

First Major Support Level: $5.7286

First Major resistance Level: $5.9582

23.6% FIB Retracement Level: $6.52

38% FIB Retracement Level: $9.68

62% FIB Retracement Level: $14.77

Stellar’s Lumen

Stellar’s Lumen rose by 1.44% on Sunday. Partially reversing a 2.52% fall from Saturday, Stellar’s Lumen ended the week up by 1.48% to $0.3804.

A bearish start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.3717 before making a move.

Steering clear of the first major support level at $0.3571, Stellar’s Lumen rose to a mid-morning intraday high $0.3887.

Falling short of the first major resistance level at $0.3996, however, Stellar’s Lumen eased back to sub-$0.38 levels.

Finding late support, however, Stellar’s Lumen moved back through to $0.38 levels to deliver the upside on the day.

At the time of writing, Stellar’s Lumen was up by 1.62% to $0.3865. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.3780 before rising to a high $0.3877.

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

XLMUSD 070621 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall back through the $0.3803 pivot to bring the first major resistance level at $0.3888 back into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the morning high $0.3877.

Barring an extended rally, the first major resistance level and Sunday’s high $0.3887 would likely cap any upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.40 before any pullback. The second major resistance level sits at $0.3973.

A fall back through the $0.3803 pivot would bring the first major support level at $0.3718 into play.

Barring an extended sell-off on the day, Stellar’s Lumen should steer clear of sub-$0.36 levels. The second major support level at $0.3633 should limit the downside.

A sustained fall through the 62% FIB of $0.3216 would form a near-term bearish trend from 16th May’s swing hi $0.7978.

Looking at the Technical Indicators

First Major Support Level: $0.3718

First Major Resistance Level: $0.3888

23.6% FIB Retracement Level: $0.6160

38% FIB Retracement Level: $0.5035

62% FIB Retracement Level: $0.3216

Tron’s TRX

Tron’s TRX rose by 2.66% on Sunday. Reversing a 2.23% decline from Saturday, Tron’s TRX ended the week up by 8.34% to $0.07770.

Tracking the broader market, Tron’s TRX fell to an early morning intraday low $0.07515 before making a move.

Steering clear of the first major support level at $0.07311, Tron’s TRX rallied to a late morning intraday high $0.07783.

Falling short of the first major resistance level at $0.07917, however, Tron’s TRX eased back to sub-$0.076 levels.

Finding late support, however, Tron’s TRX moved back through to $0.077 levels to deliver the upside on the day.

At the time of writing, Tron’s TRX was up by 0.46% to $0.07801. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.07604 before rising to a high $0.07903.

Tron’s TRX broke through the first major resistance level at $0.07864 early on.

TRXUSD 070621 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through $0.07689 pivot to bring the first major resistance level at $0.07864 back into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.07850 levels.

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

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at $0.080 before any pullback. The second major resistance level sits at $0.07957.

A fall back through the $0.07689 pivot would bring the first major support level at $0.07596 and the 62% FIB of $0.07480 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.07421.

A sustained fall back through the 62% FIB of $0.0748 would form a near-term bearish trend from April’s swing hi $0.1844.

Looking at the Technical Indicators

First Major Support Level: $0.07596

First Major Resistance Level: $0.07864

23.6% FIB Retracement Level: $0.1426

38.2% FIB Retracement Level: $0.1167

62% FIB Retracement Level: $0.0748

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – June 3rd, 2021

EOS

EOS rose by 1.13% on Wednesday. Partially reversing a 4.98% slide from Tuesday, EOS ended the day at $6.3774.

A bearish start to the day saw EOS fall to an early morning intraday low $6.1237 before making a move.

Steering clear of the first major support level at $5.9980, EOS rallied to a late afternoon intraday high $6.5491.

While falling short of the first major resistance level at $6.6901, EOS slid briefly broke through the 23.6% FIB of $6.52.

A late pullback, however, saw EOS fall back through the 23.6% FIB to end the day at sub-$2.64 levels.

At the time of writing, EOS was down by 1.44% to $6.2856. A mixed start to the day saw EOS rise to an early morning high $6.4132 before falling to a low $6.2745.

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

EOSUSD 030621 Hourly Chart

For the day ahead

EOS would need to move back through the $6.3501 pivot to bring the 23.6% FIB of $6.52 and the first major resistance level at $6.5764 into play.

Support from the broader market would be needed for EOS to break out from Wednesday’s high $6.5491.

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

In the event of an extended rally, EOS could test resistance at $7.00 before any pullback. The second major resistance level sits at $6.7755.

Failure to move back through the $6.3501 pivot and would bring the first major support level at $6.1510 into play.

Barring an extended sell-off, however, EOS should steer clear of the second major support level at $5.9247.

Looking at the Technical Indicators

First Major Support Level: $6.1510

First Major resistance Level: $6.5764

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 0.07% on Wednesday. Following a 3.90% gain on Tuesday, Stellar’s Lumen ended the day at $0.4188.

A bearish start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.4047 before making a move.

Steering clear of the first major support level at $0.3851, Stellar’s Lumen rose to a mid-afternoon intraday high $0.4350.

Falling short of the first major resistance level at $0.4502, however, Stellar’s Lumen eased back to end the day at sub-$0.42 levels.

At the time of writing, Stellar’s Lumen was down by 1.00% to $0.4146. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.4230 before falling to a low $0.4141.

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

XLMUSD 030621 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move back through the $0.4195 pivot to bring the first major resistance level at $0.4343 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.43 levels.

Barring an extended rally, the first major resistance level and Wednesday’s high $0.4350 would likely cap any upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test the second major resistance level at $0.4498.

Failure to move back through the $0.4195 pivot would bring the first major support level at $0.4040 into play.

Barring an extended sell-off on the day, Stellar’s Lumen should steer clear of sub-$0.40 levels. The second major support level sits at $0.3892.

A sustained fall through the 62% FIB of $0.3216 would form a near-term bearish trend from 16th May’s swing hi $0.7978.

Looking at the Technical Indicators

First Major Support Level: $0.4040

First Major Resistance Level: $0.4343

23.6% FIB Retracement Level: $0.6160

38% FIB Retracement Level: $0.5035

62% FIB Retracement Level: $0.3216

Tron’s TRX

Tron’s TRX rose by 2.44% on Wednesday. Reversing a 0.70% decline from Tuesday, Tron’s TRX ended the day at $0.07817.

Tracking the broader market, Tron’s TRX fell to an early morning intraday low $0.07438 before making a move.

While steering clear of the first major support level at $0.7382, Tron’s TRX fell back through the 62% FIB of $0.07480.

Finding early support, however, Tron’s TRX rallied to a mid-afternoon intraday high $0.07988.

Tron’s TRX broke back through the 62% FIB and through the first major resistance level at $0.07827.

Coming within range of the second major resistance level at $0.08023, Tron’s TRX fell back through the first major resistance level to $0.077 levels.

Finding late support, however, Tron’s TRX broke back through the first major resistance level at $0.07827 before ending the day at $0.0781 levels

At the time of writing, Tron’s TRX was down by 0.96% to $0.07742. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.07875 before falling to a low $0.07727.

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

TRXUSD 030621 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move back through $0.07748 pivot to bring the first major resistance level at $0.08057 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Wednesday’s high $0.07988.

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

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at $0.085 before any pullback. The second major resistance level sits at $0.08298.

Failure to move back through the $0.07748 pivot would bring the 62% FIB of $0.07480 and the first major support level at $0.07507 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.070 levels. The second major support level at $0.07198 should limit the downside.

A sustained fall back through the 62% FIB of $0.0748 would form a near-term bearish trend from April’s swing hi $0.1844.

Looking at the Technical Indicators

First Major Support Level: $0.07507

First Major Resistance Level: $0.08057

23.6% FIB Retracement Level: $0.1426

38.2% FIB Retracement Level: $0.1167

62% FIB Retracement Level: $0.0748

Please let us know what you think in the comments below

Thanks, Bob

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

EOS

EOS slid by 4.98% on Tuesday. Partially revering a 9.89% rally from Monday, EOS ended the day at $6.3062.

A bullish start to the day saw EOS rise to an early morning intraday high $6.7658 before hitting reverse.

Falling short of the first major resistance level at $6.9689, EOS slid to an early afternoon intraday low $6.0737.

EOS fell through the 23.6% FIB of $6.52 to before a partial recovery to $6.30 levels. The first major support level at $6.0298 had provided support through the early afternoon.

At the time of writing, EOS was down by 1.35% to $6.2211. A mixed start to the day saw EOS rise to an early morning high $6.3391 before falling to a low $6.1826.

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

EOSUSD 020621 Hourly Chart

For the day ahead

EOS would need to move through the $6.3819 pivot to bring the 23.6% FIB of $6.52 and the first major resistance level at $6.6901 into play.

Support from the broader market would be needed for EOS to break back through to $6.60 levels.

Barring a broad-based crypto rally, the first major resistance level and Tuesday’s high $6.7658 would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $7.50 before any pullback. The second major resistance level sits at $7.0740.

Failure to move through the $6.3819 pivot and would bring the first major support level at $5.9980 into play.

Barring an extended sell-off, however, EOS should steer clear of the second major support level at $5.6898.

Looking at the Technical Indicators

First Major Support Level: $5.9980

First Major resistance Level: $6.6901

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 3.90% on Tuesday. Following on from a 7.42% gain on Monday, Stellar’s Lumen ended the day at $0.4183.

A bullish start to the day saw Stellar’s Lumen rise to an early morning high $0.4144 before hitting reverse.

Falling short of the major resistance levels, Stellar’s Lumen slid to an early afternoon intraday low $0.3838.

Steering clear of the first major support level at $0.3753, Stellar’s Lumen rallied to a mid-afternoon intraday high $0.4489.

Stellar’s Lumen broke through the first major resistance level at $0.4198 and the second major resistance level at $0.4372.

A bearish end to the day, however, saw Stellar’s Lumen fall back through the major resistance levels to end the day at $0.418 levels.

At the time of writing, Stellar’s Lumen was down by 1.23% to $0.4132. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.4214 before falling to a low $0.4086.

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

XLMUSD 020621 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move back through the $0.4170 pivot to bring the first major resistance level at $0.4502 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.44 levels.

Barring an extended rally, the first major resistance level and Tuesday’s high $0.4489 would likely cap any upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test the second major resistance level at $0.4821.

Failure to move back through the $0.4170 pivot would bring the first major support level at $0.3851 into play.

Barring an extended sell-off on the day, Stellar’s Lumen should steer clear of the second major support level at $0.3519.

A sustained fall through the 62% FIB of $0.3216 would form a near-term bearish trend from 16th May’s swing hi $0.7978.

Looking at the Technical Indicators

First Major Support Level: $0.3851

First Major Resistance Level: $0.4502

23.6% FIB Retracement Level: $0.6160

38% FIB Retracement Level: $0.5035

62% FIB Retracement Level: $0.3216

Tron’s TRX

Tron’s TRX fell by 0.70% on Tuesday. Partially reversing a 7.18% gain from Monday, Tron’s TRX ended the day at $0.07631.

Tracking the broader market, Tron’s TRX rose to an early morning intraday high $0.07774 before hitting reverse.

Falling short of the first major resistance level at $0.07958, Tron’s TRX slid to an early afternoon intraday low $0.07329.

While steering clear of the first major support level at $0.07186, Tron’s TRX fell through the 62% FIB of $0.07480.

Finding late support, however, Tron’s TRX broke back through the 62% FIB to end the day at $0.76 levels.

At the time of writing, Tron’s TRX was down by 0.59% to $0.07586. A bearish start to the day saw Tron’s TRX fall from an early morning high $0.07670 to a low $0.07501.

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

TRXUSD 020621 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through $0.07578 pivot to bring the first major resistance level at $0.07827 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Tuesday’s high $0.07774.

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

In the event of a broad-based crypto rally, Tron’s TRX could test the second major resistance level at $0.08023.

Failure to avoid a fall back through the $0.07578 pivot would bring the 62% FIB of $0.07480 and the first major support level at $0.07382 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.070 levels. The second major support level at $0.07133 should limit the downside.

A sustained fall back through the 62% FIB of $0.0748 would form a near-term bearish trend from April’s swing hi $0.1844.

Looking at the Technical Indicators

First Major Support Level: $0.07382

First Major Resistance Level: $0.7827

23.6% FIB Retracement Level: $0.1426

38.2% FIB Retracement Level: $0.1167

62% FIB Retracement Level: $0.0748

Please let us know what you think in the comments below

Thanks, Bob

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

EOS

EOS rallied by 9.89% on Monday. Following a 0.31% gain on Sunday, EOS ended the month up by 2.79% to $6.6409.

A bearish start to the day saw EOS fall to an early morning intraday low $5.7466 before making a move.

Steering clear of the first major support level at $5.5991, EOS rallied to a late intraday high $6.6857.

EOS broke through the first major resistance level at $6.4329 and the 23.6% FIB of $6.52 to end the day at $6.64 levels.

At the time of writing, EOS was up by 0.60% to $6.6809. A mixed start to the day saw EOS fall to an early morning low $6.5226 before rising to a high $6.8641.

While leaving the major support and resistance levels untested, EOS did test support at the 23.6% FIB of $6.52 early on.

EOSUSD 010621 Hourly Chart

For the day ahead

EOS would need to avoid a fall through the 23.6% FIB and the $6.3577 pivot to bring the first major resistance level at $6.9689 into play.

Support from the broader market would be needed for EOS to break out from the morning high $6.8641.

Barring a broad-based crypto rally, the first major resistance level and resistance at $7.00 would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $7.50 before any pullback. The second major resistance level sits at $7.2968.

A fall through the 23.6% FIB and the $6.3577 pivot and would bring the first major support level at $6.0298 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$6.00 levels. The second major support level sits at $5.4186.

Looking at the Technical Indicators

First Major Support Level: $6.0298

First Major resistance Level: $6.9689

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 7.42% on Monday. Following on from a 1.99% gain on Sunday, Stellar’s Lumen ended month down by 24.12% to $0.4025.

A bearish start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.3655 before making a move.

Steering clear of the first major support level at $0.3474, Stellar’s Lumen rose to a late morning intraday high $0.4100.

Stellar’s Lumen broke through the first major resistance level at $0.4006 before falling back to sub-$0.39 levels.

Finding late support, Stellar’s Lumen ended the day at $0.40 levels. The first major resistance level pinned Stellar’s Lumen back late in the day.

At the time of writing, Stellar’s Lumen was up by 2.00% to $0.4106. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.4001 before rising to a high $0.4144.

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

XLMUSD 010621 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the $0.3927 pivot to bring the first major resistance level at $0.4198 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.4150 levels.

Barring an extended rally, the first major resistance level and resistance at $0.42 would likely cap any upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.45 levels. The second major resistance level sits at $0.4372.

Failure to avoid a fall through the $0.3927 pivot would bring the first major support level at $0.3753 into play.

Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of sub-$0.35 levels. The second major support level sits at $0.3482.

A sustained fall through the 62% FIB of $0.3216 would form a near-term bearish trend from 16th May’s swing hi $0.7978.

Looking at the Technical Indicators

First Major Support Level: $0.3753

First Major Resistance Level: $0.4198

23.6% FIB Retracement Level: $0.6160

38% FIB Retracement Level: $0.5035

62% FIB Retracement Level: $0.3216

Tron’s TRX

Tron’s TRX rose by 7.18% on Monday. Following a 4.59% gain on Sunday, Tron’s TRX ended the month down by 41.92% to $0.07686.

Tracking the broader market, Tron’s TRX fell to an early morning intraday low $0.06958 before making a move.

Steering clear of the first major support level at $0.06750, Tron’s TRX rallied to a late intraday high $0.07730 before easing back.

Tron’s TRX broke through the first major resistance level at $0.07475 and the 62% FIB of $0.07480 to end the day at $0.76 levels.

At the time of writing, Tron’s TRX was up by 0.73% to $0.07742. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.07578 before rising to a high $0.07850.

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

TRXUSD 010621 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through the 62% FIB of $0.07480 and the $0.07458 pivot to bring the first major resistance level at $0.07958 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the morning high $0.07850.

Barring an extended crypto rally, the first major resistance level and resistance at $0.080 would likely cap any upside.

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at $0.085 before any pullback. The second major resistance level sits at $0.8230.

Failure to avoid a fall through the 62% FIB and the $0.07458 pivot would bring the first major support level at $0.07186 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.070 levels. The second major support level sits at $0.06686.

A sustained fall back through the 62% FIB of $0.0748 would form a near-term bearish trend from April’s swing hi $0.1844.

Looking at the Technical Indicators

First Major Support Level: $0.

First Major Resistance Level: $0.

23.6% FIB Retracement Level: $0.1426

38.2% FIB Retracement Level: $0.1167

62% FIB Retracement Level: $0.0748

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – May 31st, 2021

EOS

EOS rose by 0.31% on Sunday. Following a 1.58% decline on Saturday, EOS ended the week up by 40.67% to $6.0436.

A bearish start to the day saw EOS fall to an early morning intraday low $5.5439 before making a move.

EOS fell through the first major support level at $5.5775 before rallying to a mid-day intraday high $6.3777.

Falling short of the 23.6% FIB of $6.52 and the first major resistance level at $6.6420, EOS fell back to sub-$6.00 levels.

Finding late support, however, EOS moved back through to $6.00 levels to end the day flat.

At the time of writing, EOS was down by 1.41% to $5.9586. A mixed start to the day saw EOS rise to an early morning high $6.1585 before falling to a low $5.8953.

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

EOSUSD 310521 Hourly Chart

For the day ahead

EOS would need to move back through the $5.9884 pivot to bring the first major resistance level at $6.4329 into play.

Support from the broader market would be needed for EOS to break back through to $6.40 levels.

Barring a broad-based crypto rally, the first major resistance level and the 23.6% FIB of $6.52 would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $7.00 before any pullback. The second major resistance level sits at $6.8222.

Failure to move back through the $5.9884 pivot and would bring the first major support level at $5.5991 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$5.50 levels. The second major support level at $5.1546 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $5.5991

First Major resistance Level: $6.4329

23.6% FIB Retracement Level: $6.52

38% FIB Retracement Level: $9.68

62% FIB Retracement Level: $14.77

Stellar’s Lumen

Stellar’s Lumen rose by 1.99% on Sunday. Partially reversing an 8.04% slide from Saturday, Stellar’s Lumen ended week up by 3.09% to $0.3748.

A bearish start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.3459 before making a move.

Steering clear of the first major support level at $0.3370, Stellar’s Lumen rose to a mid-morning intraday high $0.3991.

Falling short of the first major resistance level at $0.4035, Stellar’s Lumen fell back to sub-$0.37 levels before finding support.

Finding late support, however, Stellar’s Lumen revisited $0.0.38 levels to before easing back.

At the time of writing, Stellar’s Lumen was up by 0.23% to $0.3757. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.3698 before striking a high $0.3847.

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

XLMUSD 310521 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall back through the $0.3733 pivot to bring the first major resistance level at $0.4006 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 any upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.45 levels. The second major resistance level sits at $0.4265.

Failure to avoid a fall back through the $0.3733 pivot would bring the first major support level at $0.3474 into play.

Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of the 62% FIB of $0.3216. The second major support level sits at $0.3201.

A sustained fall through the 62% FIB of $0.3216 would form a near-term bearish trend from 16th May’s swing hi $0.7978.

Looking at the Technical Indicators

First Major Support Level: $0.3474

First Major Resistance Level: $0.4006

23.6% FIB Retracement Level: $0.6160

38% FIB Retracement Level: $0.5035

62% FIB Retracement Level: $0.3216

Tron’s TRX

Tron’s TRX rallied by 4.59% on Sunday. Reversing most of a 4.91% slide from Saturday, Tron’s TRX ended the week up by 13.45% to $0.07171.

Tracking the broader market, Tron’s TRX fell to an early morning intraday low $0.06632 before making a move.

Steering clear of the first major support level at $0.06538, Tron’s TRX rallied to a late morning intraday high $0.07357.

Tron’s TRX broke through the first major resistance level at $0.07324 before a pullback to sub-$0.071 levels.

Finding late support, however, Tron’s TRX revisited $0.073 levels before easing back. The first major resistance level at $0.07324 pinned Tron’s TRX back late in the day.

At the time of writing, Tron’s TRX was down by 0.21% to $0.07156. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.07309 before falling to a low $0.07113.

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

TRXUSD 310521 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through the pivot at $0.07053 to bring the first major resistance level at $0.07475 and the 62% FIB of $0.07480 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Sunday’s high $0.07357.

Barring an extended crypto rally, the first major resistance level and the 62% FIB would likely cap any upside.

In the event of a broad-based crypto rally, Tron’s TRX could test the second major resistance level at $0.07778.

Failure to avoid a fall through the $0.07053 pivot would bring the first major support level at $0.06750 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.06328.

A sustained fall back through the 62% FIB of $0.0748 would form a near-term bearish trend from April’s swing hi $0.1844.

Looking at the Technical Indicators

First Major Support Level: $0.06750

First Major Resistance Level: $0.07475

23.6% FIB Retracement Level: $0.1426

38.2% FIB Retracement Level: $0.1167

62% FIB Retracement Level: $0.0748

Please let us know what you think in the comments below

Thanks, Bob

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

EOS

EOS rallied by 12.99% on Wednesday. Following a 1.03% gain on Tuesday, EOS ended the day at $6.4446.

A mixed start to the day saw EOS fall to an early morning intraday low $5.5506 before making a move.

Steering clear of the first major support level at $5.1680, EOS rallied to a late morning intraday high $6.5046.

EOS broke through the first major resistance level at $6.1376 before falling back to sub-$6.00 levels.

Finding late support, however, EOS broke back through the first major resistance level to end the day at $6.44 levels.

At the time of writing, EOS was up by 1.63% to $6.5497. A mixed start to the day saw EOS fall to an early morning low $6.4039 before rising to a high $6.7729.

While leaving the major support and resistance levels untested early on, EOS broke through the 23.6% FIB of $6.52.

EOSUSD 270521 Hourly Chart

For the day ahead

EOS would need to avoid a fall through the 23.6% FIB and the $6.1666 pivot to bring the first major resistance level at $6.7826 into play.

Support from the broader market would be needed for EOS to break out from the morning high $6.7729.

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

In the event of another extended rally, EOS could test resistance at $7.00 levels. The second major resistance level sits at $7.1206.

A fall through the 23.6% FIB of $6.52 and the $6.1666 pivot and would bring the first major support level at $5.8286 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$5.50 levels. The second major support level at $5.2126.

Looking at the Technical Indicators

First Major Support Level: $5.8286

First Major resistance Level: $6.7826

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 3.28% on Wednesday. Reversing a 2.43% decline from Tuesday, Stellar’s Lumen ended day at $0.4435.

A mixed start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.4210 before making a move.

Steering clear of the first major support level at $0.4037, Stellar’s Lumen rose to a late morning intraday high $0.4703.

Stellar’s Lumen broke through the first major resistance level at $0.4583 before a slide back to sub-$0.43 levels.

Finding late support, however, Stellar’s Lumen moved back through to $0.44 levels to deliver the upside on the day.

At the time of writing, Stellar’s Lumen was down by 0.79% to $0.4400. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.4437 before falling to a low $0.4320.

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

XLMUSD 270521 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.4449 pivot to bring the first major resistance level at $0.4689 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.46 levels.

Barring an extended rally, the first major resistance level and Wednesday’s high $0.4703 would likely cap any upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at the 38.2% FIB of $0.5035. The second major resistance level sits at $0.4942.

Failure to move through the $0.4449 pivot would bring the first major support level at $0.4196 into play.

Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of sub-$0.40 levels. The second major support level sits at $0.3956.

A sustained fall through the 62% FIB of $0.3216 would form a near-term bearish trend from 16th May’s swing hi $0.7978.

Looking at the Technical Indicators

First Major Support Level: $0.4196

First Major Resistance Level: $0.4689

23.6% FIB Retracement Level: $0.6160

38% FIB Retracement Level: $0.5035

62% FIB Retracement Level: $0.3216

Tron’s TRX

Tron’s TRX rallied by 7.46% on Wednesday. Following a 0.28% gain on Tuesday, Tron’s TRX ended the day at $0.08331.

Tracking the broader market, Tron’s TRX fell to an early morning intraday low $0.07573 before making a move.

Steering clear of the first major support level at $0.07721, Tron’s TRX rallied to a mid-morning intraday high $0.08471.

Tron’s TRX broke through the first major resistance level at $0.08222 before a pullback to $0.078 levels.

Finding late support, however, Tron’s TRX broke back through the first major resistance level to end the day at $0.083 levels.

At the time of writing, Tron’s TRX was down by 1.91% to $0.08172. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.08364 before falling to a low $0.08045.

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

TRXUSD 270521 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through the pivot at $0.08125 to bring the first major resistance level at $0.08677 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Wednesday’s high $0.08471.

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

In the event of a broad-based crypto rally, Tron’s TRX could test the second major resistance level at $0.09023.

Failure to avoid a fall back through the $0.08125 pivot would bring the first major support level at $0.07779 into play.

Barring an extended sell-off, however, Tron’s TRX should avoid the 62% FIB of $0.07480. The second major support level sits at $0.07227.

A sustained fall back through the 62% FIB of $0.0748 would form a near-term bearish trend from April’s swing hi $0.1844.

Looking at the Technical Indicators

First Major Support Level: $0.07779

First Major Resistance Level: $0.08677

23.6% FIB Retracement Level: $0.1426

38.2% FIB Retracement Level: $0.1167

62% FIB Retracement Level: $0.0748

Please let us know what you think in the comments below

Thanks, Bob

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

EOS

EOS rose by 1.03% on Tuesday. Consolidating a 31.34% surge from Monday, EOS ended the day at $5.70

A bullish start to the day saw EOS rise to an early morning intraday high $6.0353 before hitting reverse.

Falling short of the first major resistance level at $6.1391, EOS slid to a mid-day intraday low $5.0657.

Steering clear of the first major support level at $4.6697, EOS revisited $5.71 levels before easing back.

At the time of writing, EOS was down by 1.08% to $5.6423. A mixed start to the day saw EOS rise to an early morning high $5.7159 before falling to a low $5.5506.

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

EOSUSD 260521 Hourly Chart

For the day ahead

EOS would need to avoid a fall back through the $5.6016 pivot to bring the first major resistance level at $6.1376 into play.

Support from the broader market would be needed for EOS to break back through to $6.0 levels.

Barring a broad-based crypto rebound, the first major resistance level and Tuesday’s high $6.0353 would likely cap any upside.

In the event of an extended breakout, EOS could test resistance at the 23.6% FIB of $6.52. The second major resistance level sits at $6.5712.

Failure to avoid a fall back through the $5.6016 pivot and would bring the first major support level at $5.1680 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$5.00 levels. The second major support level at $4.6320.

Looking at the Technical Indicators

First Major Support Level: $5.1680

First Major resistance Level: $6.1376

23.6% FIB Retracement Level: $6.52

38% FIB Retracement Level: $9.68

62% FIB Retracement Level: $14.77

Stellar’s Lumen

Stellar’s Lumen fell by 2.43% on Tuesday. Partially reversing a 20.86% rally from Monday, Stellar’s Lumen ended day at $0.4294.

A mixed start to the day saw Stellar’s Lumen rise to mid-morning intraday high $0.4615 before hitting reverse.

Falling short of the first major resistance level at $0.4728, Stellar’s Lumen fell to a mid-day intraday low $0.4069.

Steering clear of the first major support level at $0.3843, Stellar’s Lumen revisited $0.43 levels before easing back.

At the time of writing, Stellar’s Lumen was down by 0.03% to $0.4293. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.4321 before falling to a low $0.4210.

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

XLMUSD 260521 Hourly Chart

For the day ahead

Stellar’s Lumen would need to move through the $0.4326 pivot to bring the first major resistance level at $0.4583 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.45 levels.

Barring an extended rally, the first major resistance level and Tuesday’s high $0.4615 would likely cap any upside.

In the event of a broad-based crypto rebound, Stellar’s Lumen could test resistance at the 38.2% FIB of $0.5035. The second major resistance level sits at $0.4872.

Failure to move through the $0.4326 pivot would bring the first major support level at $0.4037 into play.

Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of the second major support level at $0.3780.

A sustained fall through the 62% FIB of $0.3216 would form a near-term bearish trend from 16th May’s swing hi $0.7978.

Looking at the Technical Indicators

First Major Support Level: $0.4037

First Major Resistance Level: $0.4583

23.6% FIB Retracement Level: $0.6160

38% FIB Retracement Level: $0.5035

62% FIB Retracement Level: $0.3216

Tron’s TRX

Tron’s TRX rose by 0.28% on Tuesday. Following a 22.38% rally from Monday, Tron’s TRX ended the day at $0.07754.

Tracking the broader market, Tron’s TRX rose to an early morning intraday high $0.08144 before hitting reverse.

Falling short of the first major resistance level at $0.08244, Tron’s TRX slid to a late morning intraday low $0.07130.

While steering clear of the first major support level at $0.06707, Tron’s TRX fell through the 62% FIB of $0.07480.

Finding late support, however, Tron’s TRX broke back through the 62% FIB to end the day at $0.077 levels.

At the time of writing, Tron’s TRX was down by 0.64% to $0.07704. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.07803 before falling to a low $0.07573.

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

TRXUSD 260521 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall back through the pivot at $0.07676 to bring the first major resistance level at $0.08222 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from Tuesday’s high $0.08144.

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

In the event of a broad-based crypto rally, Tron’s TRX could test the second major resistance level at $0.08690.

Failure to avoid a fall back through the $0.07676 pivot would bring the 62% FIB of $0.07480 and the first major support level at $0.07208 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of sub-$0.070 levels. The second major support level sits at $0.06662.

A sustained fall back through the 62% FIB of $0.0748 would form a near-term bearish trend from April’s swing hi $0.1844.

Looking at the Technical Indicators

First Major Support Level: $0.07208

First Major Resistance Level: $0.08222

23.6% FIB Retracement Level: $0.1426

38.2% FIB Retracement Level: $0.1167

62% FIB Retracement Level: $0.0748

Please let us know what you think in the comments below

Thanks, Bob

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

EOS

EOS surged by 31.34% on Monday. Reversing a 15.95% slide from Sunday, EOS ended the day at $5.6493.

A mixed start to the day saw EOS fall to an early morning intraday low $4.1799 before making a move.

Steering clear of the first major support level at $3.4690, EOS rallied to a late intraday high $5.6493.

EOS broke through the first major resistance level at $5.1298.

At the time of writing, EOS was down by 1.97% to $5.5377. A mixed start to the day saw EOS rise to an early morning high $6.1036 before falling to a low $5.5174.

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

EOSUSD 250521 Hourly Chart

For the day ahead

EOS would need to avoid the $5.1595 pivot to bring the first major resistance level at $6.1391 into play.

Support from the broader market would be needed for EOS to break back through to $6.0 levels.

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

In the event of an extended breakout, EOS could test resistance at the 23.6% FIB of $6.52. The second major resistance level sits at $6.6289.

Failure to avoid the $5.1595 pivot and would bring the first major support level at $4.6697 into play.

Barring another extended sell-off, however, EOS should steer clear of sub-$4.00 levels. The second major support level at $3.6901.

Looking at the Technical Indicators

First Major Support Level: $4.6697

First Major resistance Level: $6.1391

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 20.86% on Monday. Reversing a 6.63% decline from Sunday, Stellar’s Lumen ended day at $0.4397.

A mixed start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.3620 before making a move.

Steering clear of the 62% FIB of $0.3216 and the major support levels, Stellar’s Lumen rallied to a mid-morning intraday high $0.4505.

Stellar’s Lumen broke through the first major resistance level at $0.4186 before a fall back to sub-$0.410 levels.

Finding late support, however, Stellar’s Lumen broke back through the first major resistance level to wrap up the day at $0.43 levels.

At the time of writing, Stellar’s Lumen was down by 1.65% to $0.4325. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.4550 before falling to a low $0.4293.

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

XLMUSD 250521 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid the $0.4174 pivot to bring the first major resistance level at $0.4728 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from this morning’s high $0.4550.

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

In the event of a broad-based crypto rebound, Stellar’s Lumen could test resistance at the 38.2% FIB of $0.5035. The second major resistance level sits at $0.5059.

Failure to avoid the $0.4174 pivot would bring the first major support level at $0.3843 into play.

Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of the second major support level at $0.3289.

A sustained fall through the 62% FIB of $0.3216 would form a near-term bearish trend from 16th May’s swing hi $0.7978.

Looking at the Technical Indicators

First Major Support Level: $0.3843

First Major Resistance Level: $0.4728

23.6% FIB Retracement Level: $0.6160

38% FIB Retracement Level: $0.5035

62% FIB Retracement Level: $0.3216

Tron’s TRX

Tron’s TRX rallied by 22.38% on Monday. Reversing a 16.57% slide from Sunday, Tron’s TRX ended the day at $0.07732.

Tracking the broader market, Tron’s TRX fell to an early morning intraday low $0.06195 before making a move.

Steering clear of the first major support level at $0.05329, Tron’s TRX rallied to a late intraday high $0.07732.

Tron’s TRX broke through the first major resistance level at $0.7518 and the 62% FIB of $0.7480 to wrap up the day at $0.77 levels.

At the time of writing, Tron’s TRX was down by 1.11% to $0.07646. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.08178 before falling to a low $0.07544.

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

TRXUSD 250521 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid the 62% FIB of $0.07480 and the pivot at $0.07220 to bring the first major resistance level at $0.08244 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break out from this morning’s high $0.08178.

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

In the event of a broad-based crypto rebound, Tron’s TRX could test resistance at $0.085 before any pullback. The second major resistance level sits at $0.08757.

Failure to avoid the 62% FIB and the $0.07220 pivot would bring the first major support level at $0.67070 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of sub-$0.060 levels. The second major support level sits at $0.05683.

A sustained fall back through the 62% FIB of $0.0748 would form a near-term bearish trend from April’s swing hi $0.1844.

Looking at the Technical Indicators

First Major Support Level: $0.06707

First Major Resistance Level: $0.08244

23.6% FIB Retracement Level: $0.1426

38.2% FIB Retracement Level: $0.1167

62% FIB Retracement Level: $0.0748

Please let us know what you think in the comments below

Thanks, Bob

EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – May 24th, 2021

EOS

EOS slid by 15.95% on Sunday. Following on from an 8.29% fall on Saturday, EOS ended the week down by 57.56% to $4.2940.

A mixed start to the day saw EOS rise to an early morning intraday high $5.3205 before hitting reverse.

Falling short of the first major resistance level at $5.5502, EOS slid to a late afternoon intraday low $3.5697.

The reversal saw EOS slide the day’s major support levels.

Finding late afternoon support, however, EOS broke back through the third major support level at $3.6915 to end the day at $4.33 levels.

At the time of writing, EOS was up by 1.25% to $4.3478. A mixed start to the day saw EOS fall to an early morning low $4.2963 before rising to a high $4.4550.

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

EOSUSD 240521 Hourly Chart

For the day ahead

EOS would need to move back through the $4.3947 pivot to bring the first major resistance level at $5.2198 into play.

Support from the broader market would be needed for EOS to break back through to $5.0 levels.

Barring a broad-based crypto rebound, the first major resistance level and Sunday’s high $5.3205 would likely cap any upside.

In the event of an extended breakout, EOS could test the second major resistance level at $6.1455.

Failure to move back through the $4.3947 pivot and would bring the first major support level at $3.4690 into play.

Barring another extended sell-off, however, EOS should steer clear of the second major support level at $2.6439.

Looking at the Technical Indicators

First Major Support Level: $3.4690

First Major resistance Level: $5.2198

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 6.63% on Sunday. Following on from a 7.32% decline on Saturday, Stellar’s Lumen ended week down by 48.90% to $0.3636.

A mixed start to the day saw Stellar’s Lumen rose to an early morning intraday high $0.4015 before hitting reverse.

Falling short of the first major resistance level at $0.4176, Stellar’s Lumen slumped to a late afternoon intraday low $0.2743.

The sell-off saw Stellar’s Lumen fall through the day’s major support levels and also fell through the 62% FIB of $0.3216.

Finding late support, however, Stellar’s Lumen broke back through the third major support level at $0.2889 and the 62% FIB to end the day at $0.36 levels.

At the time of writing, Stellar’s Lumen was up by 0.50% to $0.3654. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.3766 before falling to a low $0.3623.

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

XLMUSD 240521 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid the $0.3465 pivot to bring the first major resistance level at $0.4186 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 any upside.

In the event of a broad-based crypto rebound, Stellar’s Lumen could test the second major resistance level at $0.4737.

Failure to avoid the $0.3465 pivot would bring the 62% FIB of $0.3216 and the first major support level at $0.2914 into play.

Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of the second major support level at $0.2193.

A sustained fall through the 62% FIB of $0.3216 would form a near-term bearish trend from 16th May’s swing hi $0.7978.

Looking at the Technical Indicators

First Major Support Level: $0.2914

First Major Resistance Level: $0.4186

23.6% FIB Retracement Level: $0.6160

38% FIB Retracement Level: $0.5035

62% FIB Retracement Level: $0.3216

Tron’s TRX

Tron’s TRX slid by 16.57% on Sunday. Following a 2.97% decline on Saturday, Tron’s TRX ended the week down by 47.08% to $0.06318.

Tracking the broader market, Tron’s TRX rose to an early morning intraday high $0.07730 before hitting reverse.

Falling short of the first major resistance level at $0.07993, Tron’s TRX slid to a late afternoon intraday low $0.05541.

The reversal, however, saw Tron’s TRX fall through the day’s major support levels and also through the 62% FIB of $0.07480.

Finding late support, however, Tron’s TRX broke back through the third major support level to end the day at $0.063 levels.

At the time of writing, Tron’s TRX was up by 1.10% to $0.06388. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.06287 before rising to a high $0.06500.

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

TRXUSD 240521 Hourly Chart

For the Day Ahead

Tron’s TRX would need to move through the pivot at $0.06530 to bring the 62% FIB of $0.07480 and the first major resistance level at $0.07518 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.070 levels.

Barring an extended crypto rally, the 62% FIB and the first major resistance level would likely cap any upside.

In the event of a broad-based crypto rebound, Tron’s TRX could test resistance at $0.080 before any pullback. The second major resistance level sits at $0.08719.

Failure to move through the $0.06530 pivot would bring the first major support level at $0.05329 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of sub-$0.050 levels. The second major support level sits at $0.04341.

A sustained fall back through the 62% FIB of $0.0748 would form a near-term bearish trend from April’s swing hi $0.1844.

Looking at the Technical Indicators

First Major Support Level: $0.0.05329

First Major Resistance Level: $0.07518

23.6% FIB Retracement Level: $0.1426

38.2% FIB Retracement Level: $0.1167

62% FIB Retracement Level: $0.0748

Please let us know what you think in the comments below

Thanks, Bob