EOS, Stellar’s Lumen, and Tron’s TRX – Daily Analysis – March 15th, 2021

EOS

EOS slid by 8.22% on Sunday. Partially reversing a 13.22% rally from Saturday, EOS ended the week up by 2.72% to $3.9305.

A mixed start to the day saw EOS rise to an early morning intraday high $4.3962 before hitting reverse.

Falling short of the first major resistance level at $4.5608, EOS slid to a final hour intraday low $3.9267.

In spite of the sell-off, EOS avoided the first major support level at $3.8369 to end the day at $3.93 levels.

At the time of writing, EOS was up by 2.09% to $4.0127. A mixed start to the day saw EOS fall to an early morning low $3.8535 before rising to a high $4.0401.

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

For the day ahead

EOS would need to move through the $4.0845 pivot level to support a run at the first major resistance level at $4.2422.

Support from the broader market would be needed, however, for EOS to break back through to $4.20 levels.

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

In the event of an extended rally, EOS could test resistance at Sunday’s high $4.3962 before any pullback. The second major resistance level sits at $4.5540.

Failure to move through the $4.0845 pivot would bring the first major support level at $3.7727 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$3.75 levels. The second major support level sits at $3.6150.

Looking at the Technical Indicators

First Major Support Level: $3.7727

First Major resistance Level: $4.2422

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 slid by 4.40% on Sunday. Partially reversing a 5.14% gain from Saturday, Stellar’s Lumen ended the week down by 5.81% to $0.3888.

A mixed start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.4087 before hitting reverse.

Falling short of the first major resistance level at $0.4204, Stellar’s Lumen slid to a late morning intraday low $0.3878.

Steering clear of the first major support level at $0.3843, Stellar’s Lumen briefly revisited $0.39 levels before falling back into the deep red.

At the time of writing, Stellar’s Lumen was up by 1.30% to $0.3939. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.3878 before rising to a high $0.3955.

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 pivot level at $0.3951 to bring the first major resistance level at $0.4024 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen break back through to $0.40 levels.

Barring an extended crypto rally, the first major resistance level and Sunday’s high $0.4087 would likely cap any upside.

In the event of an extended rally, Stellar’s Lumen could test the second major resistance level at $0.4160.

Failure to move back through the $0.3951 pivot would bring the first major support level at $0.3815 into play.

Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.38 levels. The second major support level sits at $0.3742.

Looking at the Technical Indicators

First Major Support Level: $0.3815

First Major Resistance Level: $0.4024

23.6% FIB Retracement Level: $0.3426

38% FIB Retracement Level: $0.2823

62% FIB Retracement Level: $0.1850

Tron’s TRX

Tron’s TRX fell by 3.53% on Sunday. Partially reversing a 6.74% rally from Saturday, Tron’s TRX ended the week down by 1.21% to $0.05134.

A mixed start to the day saw Tron’s TRX rise to an early morning intraday high $0.05430 before hitting reverse.

Falling short of the first major resistance level at $0.05575, Tron’s TRX slid to a late morning intraday low $0.05045.

Steering clear of the first major support level at $0.04948, Tron’s TRX revisited $0.052 levels before sliding back into the deep red.

At the time of writing, Tron’s TRX was up by 0.75% to $0.05173. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.04993 before rising to a high $0.05246.

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

For the Day Ahead

Tron’s TRX need to move back through the pivot level at $0.05203 to bring the first major resistance level at $0.05361 into play.

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

Barring an extended crypto rally, the first major resistance level and Sunday high $0.05430 would likely cap any upside.

In the event of an extended rally Tron’s TRX could test resistance at $0.056 before any pullback. The second major resistance level sits at $0.05588.

Failure to move back through the $0.05203 pivot would bring the first major support level at $0.04976 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.049 levels. The second major support level sits at $0.04818.

Looking at the Technical Indicators

First Major Support Level: $0.04976

First Major Resistance Level: $0.05361

23.6% FIB Retracement Level: $0.03211

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648