FXEMPIRE
All
Ad
Advertisement
Advertisement
Bob Mason
Add to Bookmarks
Flying altcoins with Bitcoin in the center as the leader. Bitcoi

EOS

EOS fell by 5.10% on Tuesday. Following a 5.54% slide on Monday, EOS ended the day at $3.2593.

A mixed start to the day saw EOS rise to an early morning intraday high $3.5457 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 $3.6092, EOS slid to an early morning intraday low $3.1546.

EOS fell through the first major support level at $3.3319 and the second major support level at $3.2294.

Steering clear of sub-$3.00 levels, EOS broke back through the second major support level to end the day at $3.32 levels.

At the time of writing, EOS was down by 1.40% to $3.2138. A mixed start to the day saw EOS rise to an early morning high $3.2743 before falling to a low $3.2075.

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

For the day ahead

EOS would need to move through the $3.3199 pivot to bring the first major resistance level at $3.4851 into play.

Support from the broader market would be needed for EOS to break back through to $3.40 levels.

Barring a broad-based crypto rally, the first major resistance level and resistance at $3.50 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 $3.7110.

Failure to move through the $3.3199 pivot would bring the first major support level at $3.0940 into play.

Barring another extended sell-off, however, EOS should steer clear of the second major support level at $2.9288.

Looking at the Technical Indicators

First Major Support Level: $3.0940

First Major resistance Level: $3.4851

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 rose by 0.24% on Tuesday. Following an 8.13% slide from Monday, Stellar’s Lumen ended the day at $0.2120.

A mixed start saw Stellar’s Lumen fall to a late morning intraday low $0.1990 before making a move.

Stellar’s Lumen fell through the first major support level at $0.2042 before rising to a late intraday high $0.2154.

Falling short of the first major resistance level at $0.2247, Stellar’s Lumen eased back to limit the upside on the day.

At the time of writing, Stellar’s Lumen was down by 1.94% to $0.2079. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.2139 before falling to a low $0.2077.

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

For the day ahead

Stellar’s Lumen would need to move back through the $0.2088 pivot to bring the first major resistance level at $0.2186 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to move back through to $0.21 levels.

Barring an extended rally, the first major resistance level and resistance at $0.22 would likely cap any upside.

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at $0.23 before any pullback. The second major resistance level sits at $0.2252.

Failure to move back through the $0.2088 pivot would bring the first major support level at $0.2022 into play.

Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of the second major support level at $0.1924.

Looking at the Technical Indicators

First Major Support Level: $0.2022

First Major Resistance Level: $0.2186

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 slid by 5.61% on Tuesday. Following a 4.65% loss on Monday, Tron’s TRX ended the day at $0.05035.

A mixed start to the day saw Tron’s TRX rise to an early morning intraday high $0.05450 before hitting reverse.

Falling short of the first major resistance level at $0.05544, Tron’s TRX slid to a late morning intraday low $0.04894.

Tron’s TRX fell through the first major support level at $0.05220 and the second major support level at $0.05105.

Steering clear of sub-$0.48 levels, however, Tron’s TRX briefly moved back through the second major support level before ending the day at sub-$0.051 levels.

At the time of writing, Tron’s TRX was down by 0.76% to $0.04997. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.05078 before falling to a low $0.04968.

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 $0.05126 pivot to bring the first major resistance level at $0.05359 into play.

Support from the broader market would be needed, however, for Tron’s TRX to move back through to $0.053 levels.

Barring an extended crypto rally, the first major resistance level and resistance at $0.054 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 $0.05682.

Failure to move through the $0.05126 pivot would bring the first major support level at $0.04803 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.04570.

Looking at the Technical Indicators

First Major Support Level: $0.04803

First Major Resistance Level: $0.05359

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