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

EOS

EOS rose by 2.66% on Monday. Following a 2.67% gain on Sunday, EOS ended the day at $4.1876.

A mixed start to the day saw EOS fall an early morning low $4.4043 before making a move.

Steering clear of the first major support level at $3.8822, EOS rallied to an early morning intraday high $4.3774 before easing back.

EOS broke through the first major resistance level at $4.2212 and the second major resistance level at $4.3676.

The pullback saw EOS fall back through the major resistance levels to end the day at sub-$4.20 levels.

At the time of writing, EOS was down by 0.62% to $4.1612. A mixed start to the day saw EOS fall to an early morning low $4.1339 before rising to a high $4.2205.

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

For the day ahead

EOS would need to move back through the $4.2028 pivot to bring the first major resistance level at $4.3622 into play.

Support from the broader market would be needed for EOS to move back through to $4.30 levels.

Barring a broad-based crypto rally, the first major resistance level and Monday’s high $4.3774 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 $4.5368.

Failure to move back through the $4.0282 pivot would bring the first major support level at $4.0282 into play.

Barring another extended sell-off, however, EOS should steer clear of sub-$4.00 levels. The second major support level sits at $3.8688.

Looking at the Technical Indicators

First Major Support Level: $4.0282

First Major resistance Level: $4.3622

23.6% FIB Retracement Level: $6.52

38% FIB Retracement Level: $9.68

62% FIB Retracement Level: $14.77

Stellar’s Lumen

Stellar’s Lumen fell by 3.13% on Monday. Reversing a 0.45% gain from Sunday, Stellar’s Lumen ended the day at $0.2383.

A mixed start saw Stellar’s Lumen rise to an early morning intraday high $0.2522 before hitting reverse.

Stellar’s Lumen broke through the first major resistance level at $0.2492 before sliding to a late intraday low $0.2361.

Stellar’s Lumen fell through the first major support level at $0.2416 and the second major support level at $0.2371.

Finding late support, however, Stellar’s Lumen broke back through the second major support level to end the day at $0.238 levels.

At the time of writing, Stellar’s Lumen was down by 0.40% to $0.2386. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.2367 before rising to a high $0.2409.

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 $0.2422 pivot to bring the first major resistance level at $0.2483 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the morning high $0.2409.

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 $0.26 before any pullback. The second major resistance level sits at $0.2583.

Failure to move through the $0.2422 pivot would bring the first major support level at $0.2322 into play.

Barring an extended sell-off on the day, Stellar’s Lumen should steer clear of sub-$0.23 levels. The second major support level sits at $0.2261.

Looking at the Technical Indicators

First Major Support Level: $0.2322

First Major Resistance Level: $0.2483

23.6% FIB Retracement Level: $0.3402

38% FIB Retracement Level: $0.4277

62% FIB Retracement Level: $0.5690

Tron’s TRX

Tron’s TRX fell by 2.25% on Monday. Reversing a 0.51% gain from Sunday, Tron’s TRX ended the day at $0.06026.

A mixed start to the day saw Tron’s TRX rise to a mid-morning intraday high $0.06312 before hitting reverse.

Tron’s TRX broke through the first major resistance level at $0.06283 before falling to a late intraday low $0.05935.

The reversal saw Tron’s TRX fall through the first major support level at $0.06043.

Steering clear of the second major support level at $0.05922, Tron’s TRX found late support to end the day at $0.060 levels.

The first major support level at $0.06043 pinned Tron’s TRX back late in the day, however.

At the time of writing, Tron’s TRX was down by 0.28% to $0.06003. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.05943 before rising to a high $0.06082.

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

For the Day Ahead

Tron’s TRX would need to move through the $0.06091 pivot to bring the first major resistance level at $0.06247 into play.

Support from the broader market would be needed, however, for Tron’s TRX to move back through to $0.062 levels.

Barring an extended crypto rally, the first major resistance level and Monday’s high $0.06312 would likely cap any upside.

In the event of an extended rally, Tron’s TRX could test resistance at $0.065. The second major resistance level sits at $0.06468.

Failure to move through the $0.06091 pivot would bring the first major support level at $0.05870 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.058 levels. The second major support level sits at $0.05714.

Looking at the Technical Indicators

First Major Support Level: $0.05870

First Major Resistance Level: $0.06247

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