FXEMPIRE
All
Ad
Corona Virus
Stay Safe, FollowGuidance
World
117,045,574Confirmed
2,598,619Deaths
92,588,579Recovered
Fetching Location Data…
Advertisement
Advertisement
Bob Mason
Coins of crypto currency are presented on a dark background. Virtual money concept.

EOS

EOS slid by 6.55% on Monday. Reversing a 2.59% gain from Sunday, EOS ended the day at $2.9302.

A bullish start to the day saw EOS rise to an early morning intraday high $3.2862 before hitting reverse.

Advertisement
Know where the Market is headed? Take advantage now with 

75% of retail CFD investors lose money

Falling short of the first major resistance level at $3.3208, EOS slid to a mid-day intraday low $2.8752.

The sell-off saw EOS fall through the first major support level at $2.9716 before finding support.

Steering clear of the second major support level at $2.8076, EOS revisited $3.07 levels before a 2nd sell-off.

EOS fell back through the first major support level to end the day at $2.93 levels.

At the time of writing, EOS was down by 1.07% to $2.8989. A mixed start to the day saw EOS rise to an early morning high $2.9559 before falling to a low $2.8850.

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

For the day ahead

EOS would need to move through the $3.0305 pivot level to support a run at the first major resistance level at $3.1859.

Support from the broader market would be needed, however, for EOS to break back through to $3.10 levels.

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

In the event of another extended rally, EOS could test resistance at $3.30 before any pullback. The second major resistance level sits at $3.4415.

Failure to move through the pivot level at $3.0305 would bring the first major support level at $2.7749 into play.

Barring another extended sell-off, however, EOS should steer of sub-$2.70 levels. The second major support level sits at $2.6195.

Looking at the Technical Indicators

First Major Support Level: $2.7749

First Major resistance Level: $3.1859

23.6% FIB Retracement Level: $6.52

38% FIB Retracement Level: $9.68

62% FIB Retracement Level: $14.77

Advertisement

Stellar’s Lumen

Stellar’s Lumen slid by 6.46% on Monday. Following on from a 2.81% decline on Sunday, Stellar’s Lumen ended the day at $0.16517.

It was also a mixed start to the day. Stellar’s Lumen rose to an early morning intraday high $0.18040 before hitting reverse.

Falling short of the first major resistance level at $0.18155, Stellar’s Lumen slid to a mid-day intraday low $0.15998.

Stellar’s Lumen fell through the day’s major support levels before a partial recovery to $0.168 levels.

The late partial recovery saw Stellar’s Lumen move back through the third major support level at $0.16026. Late in the day, the second major support level at $0.16900 pinned Stellar’s Lumen back.

At the time of writing, Stellar’s Lumen was down by 1.59% to $0.16255. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.16678 before falling to a low $0.16235.

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

For the day ahead

Stellar’s Lumen would need to move through the $0.16852 pivot level to support a run at the first major resistance level at $0.17705.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.175 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $0.18040 would likely cap any upside.

In the event of another breakout, Stellar’s Lumen could test resistance at $0.1850 before any pullback. The second major resistance level sits at $0.18894.

Failure to move through the pivot level at $0.16852 would bring the first major support level at $0.15663 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.15 levels. The second major support level sits at $0.14810.

Looking at the Technical Indicators

First Major Support Level: $0.15663

First Major Resistance Level: $0.17705

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX slid by 6.06% on Monday. Reversing a 0.69% gain from Sunday, Tron’s TRX ended the day at $0.029324.

Tracking the broader market, Tron’s TRX rose to an early morning intraday high $0.03221 before hitting reverse.

Falling short of the first major resistance level at $0.03296, Tron’s TRX slid to a mid-day intraday low $0.28424.

Tron’s TRX fell through the first major support level at $0.03010 and the second major support level at $0.02875.

More significantly, Tron’s TRX also fell through the 23.6% FIB of $0.0291 before finding support.

In the 2nd half of the day, Tron’s TRX briefly revisited $0.03080 levels before falling back to sub-$0.030 levels.

The 2nd pullback saw Tron’s TRX fall back through the first major support level to wrap up the day at $0.0293 levels.

Late in the day, the 23.6% FIB of $0.0291 limited the downside.

At the time of writing, Tron’s TRX was down by 0.15% to $0.02928. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.029809 before falling to a low $0.028805.

Tron’s TRX left the major support and resistance levels untested early on. The reversal saw Tron’s TRX briefly fall through the 23.6% FIB of $0.0291, however.

For the Day Ahead

Tron’s TRX would need to move through the $0.02999 pivot to support a run at the first major resistance level at $0.03155.

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

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

In the event of another breakout, Tron’s TRX could test resistance at $0.033 before any pullback. The second major resistance level sits at $0.03377.

Failure to move through the $0.02999 pivot would bring the 23.6% FIB of $0.0291 and the first major support level at $0.02776 into play.

Barring another extended sell-off on the day, Tron’s TRX should steer clear of sub-$0.027 levels. The second major support level sits at $0.02620.

Looking at the Technical Indicators

First Major Support Level: $0.02776

First Major Resistance Level: $0.03155

23.6% FIB Retracement Level: $0.0291

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648

Please let us know what you think in the comments below

Thanks, Bob

Don't miss a thing!
Discover what's moving the markets. Sign up for a daily update delivered to your inbox

Trade With A Regulated Broker

  • Your capital is at risk