FXEMPIRE
All
Ad
Advertisement
Advertisement
Bob Mason
Add to Bookmarks
Crypto currency background with various of shiny silver and golden physical cryptocurrencies symbol coins, Bitcoin, Ethereum, Litecoin, zcash, ripple

EOS

EOS slid by 5.54% on Monday. Following a 0.57% loss on Sunday, EOS ended the day at $3.4345.

A mixed start to the day saw EOS rise to a mid-morning intraday high $3.6814 before hitting reverse.

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

Trading Derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved, and seek independent advice if necessary. A Product Disclosure Statement (PDS) can be obtained either from this website or on request from our offices and should be considered before entering into a transaction with us. Raw Spread accounts offer spreads from 0.0 pips with a commission charge of USD $3.50 per 100k traded. Standard account offer spreads from 1 pips with no additional commission charges. Spreads on CFD indices start at 0.4 points. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Falling short of the first major resistance level at $3.7551, EOS slid to an early afternoon intraday low $3.4041.

EOS fell through the first major support level at $3.5380 and the second major support level at $3.4400.

Finding late support, EOS briefly broke back through the second major support level before ending the day at $3.43 levels.

At the time of writing, EOS was up by 1.13% to $3.4732. A mixed start to the day saw EOS fall to an early morning low $3.4732 before rising to a high $3.5457.

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

For the day ahead

EOS would need to move back through the $3.5067 pivot to bring the first major resistance level at $3.6092 back into play.

Support from the broader market would be needed for EOS to break back through to $3.60 levels.

Barring a broad-based crypto rally, the first major resistance level and Monday’s high $3.6814 would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $3.80 levels. The second major resistance level sits at $3.7840.

Failure to move back through the $3.5067 pivot would bring the first major support level at $3.3319 into play.

Barring another extended sell-off, however, EOS should steer clear of sub-$3.30 levels. The second major support level sits at $3.2294.

Looking at the Technical Indicators

First Major Support Level: $3.3319

First Major resistance Level: $3.6092

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 8.13% on Monday. Following a 1.20% loss on Sunday, Stellar’s Lumen ended the day at $0.2112.

A mixed start saw Stellar’s Lumen rise to an early morning intraday high $0.2312 before hitting reverse.

Falling short of the first major resistance level at $0.2381, before Stellar’s Lumen slid to a late intraday low $0.2107.

Stellar’s Lumen fell through the first major support level at $0.2240 and the second major support level at $0.2182 to end the day at $0.21 levels.

At the time of writing, Stellar’s Lumen was down by 0.11% to $0.2110. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.2099 before rising to a high $0.2145.

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 $0.2177 pivot to bring the first major resistance level at $0.2247 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to move back through to $0.22 levels.

Barring an extended rally, the first major resistance level and resistance at $0.23 would likely cap any upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.24 before any pullback. The second major resistance level sits at $0.2382.

Failure to move through the $0.2177 pivot would bring the first major support level at $0.2042 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 $0.1972.

Looking at the Technical Indicators

First Major Support Level: $0.2042

First Major Resistance Level: $0.2247

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 4.65% on Monday. Following a 0.32% decline on Sunday, Tron’s TRX ended the day at $0.05334.

A mixed start to the day saw Tron’s TRX rise to an early morning intraday high $0.05639 before hitting reverse.

Falling short of the first major resistance level at $0.05738, Tron’s TRX slid to a late intraday low $0.05315.

Tron’s TRX fell through the first major support level at $0.05485 and the second major support level at $0.05375.

Finding late support, however, Tron’s TRX briefly moved back through the second major support level before ending the day at $0.0533 levels.

At the time of writing, Tron’s TRX was up by 1.39% to $0.05408. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.05303 before rising to a high $0.05450.

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

For the Day Ahead

Tron’s TRX would need to move back through the $0.05429 pivot to bring the first major resistance level at $0.05544 into play.

Support from the broader market would be needed, however, for Tron’s TRX to move back through to $0.055 levels.

Barring an extended crypto rally, the first major resistance level and resistance at $0.056 would likely cap any upside.

In the event of an extended rally, Tron’s TRX could test resistance at $0.058 levels. The second major resistance level sits at $0.05753.

Failure to move back through the $0.05429 pivot would bring the first major support level at $0.0220 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of sub-$0.050 levels. The second major support level at $0.05105 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.05220

First Major Resistance Level: $0.05544

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

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