EOS
EOS fell by 0.57% on Sunday. Reversing a 0.08% gain from Saturday, EOS ended the week down by 10.79% to $3.6361.
A bullish start to the day saw EOS rise to an early morning intraday high $3.7761 before hitting reverse.
EOS broke through the first major resistance level at $3.7635 before sliding to an early afternoon intraday low $3.5590.
EOS fell through the first major support level at $3.5683 before briefly revisiting $3.68 levels.
A bearish end to the day, however, saw EOS fall back to sub-$3.65 levels and into the red.
At the time of writing, EOS was down by 1.51% to $3.5813. A mixed start to the day saw EOS rise to an early morning high $3.6562 before falling to a low $3.5761.
EOS left the major support and resistance levels untested early on.
For the day ahead
EOS would need to move through the $3.6571 pivot to bring the first major resistance level at $3.7551 into play.
Support from the broader market would be needed for EOS to break back through to $3.70 levels.
Barring a broad-based crypto rally, the first major resistance level and Sunday’s high $3.7761 would likely cap any upside.
In the event of an extended rally, EOS could test resistance at $3.90 levels. The second major resistance level sits at $3.8742.
Failure to move through the $3.6571 pivot would bring the first major support level at $3.5380 into play.
Barring another extended sell-off, however, EOS should steer clear of sub-$3.50 levels. The second major support level sits at $3.4400.
Looking at the Technical Indicators
First Major Support Level: $3.5380
First Major resistance Level: $3.7551
23.6% FIB Retracement Level: $6.52
38% FIB Retracement Level: $9.68
62% FIB Retracement Level: $14.77
Stellar’s Lumen
Stellar’s Lumen fell by 1.20% on Sunday. Following a 1.15% loss on Saturday, Stellar’s Lumen ended the week down by 6.58% to $0.2298.
A bullish start saw Stellar’s Lumen rise to an early morning intraday high $0.2406 before hitting reverse.
Stellar’s Lumen broke through the first major resistance level at $0.2381 before sliding to an early afternoon intraday low $0.2265.
Stellar’s Lumen fell through the first major support level at $0.2274 before briefly revisiting $0.23 levels.
A bearish end to the day, however, saw Stellar’s Lumen fall back to end the day at sub-$0.23 levels.
At the time of writing, Stellar’s Lumen was down by 1.12 to $0.2272. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.2312 before falling to a low $0.2272.
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 $0.2323 pivot to bring the first major resistance level at $0.2381 into play.
Support from the broader market would be needed, however, for Stellar’s Lumen to move back through to $0.2350 levels.
Barring an extended rally, the first major resistance level and Sunday’s high $0.2406 would likely cap any upside.
In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.25 before any pullback. The second major resistance level sits at $0.2464.
Failure to move through the $0.2323 pivot would bring the first major support level at $0.2240 into play.
Barring an extended sell-off on the day, Stellar’s Lumen should steer clear of sub-$0.21 levels. The second major support level at $0.2182 should limit the downside.
Looking at the Technical Indicators
First Major Support Level: $0.2240
First Major Resistance Level: $0.2381
23.6% FIB Retracement Level: $0.3402
38% FIB Retracement Level: $0.4277
62% FIB Retracement Level: $0.5690
Tron’s TRX
Tron’s TRX fell by 0.32% on Sunday. Partially reversing a 0.99% gain from Saturday, Tron’s TRX ended the week down by 9.26% to $0.05594.
A bullish start to the day saw Tron’s TRX rise to an early morning intraday high $0.05772 before hitting reverse.
Tron’s TRX broke through the first major resistance level at $0.05719 before sliding to an early afternoon intraday low $0.05519.
Steering clear of the first major support level at $0.05480, Tron’s TRX revisited $0.056 levels before falling back into the red.
At the time of writing, Tron’s TRX was down by 1.19% to $0.05528. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.05637 before falling to a low $0.05524.
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 $0.05628 pivot to bring the first major resistance level at $0.05738 into play.
Support from the broader market would be needed, however, for Tron’s TRX to move back through to $0.057 levels.
Barring an extended crypto rally, the first major resistance level and Sunday’s high $0.05772 would likely cap any upside.
In the event of an extended rally, Tron’s TRX could test resistance at $0.060 levels. The second major resistance level sits at $0.05881.
Failure to move through the $0.05628 pivot would bring the first major support level at $0.05485 into play.
Barring another extended sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.05375.
Looking at the Technical Indicators
First Major Support Level: $0.05485
First Major Resistance Level: $0.05738
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
