FXEMPIRE
All
Ad
Corona Virus
Stay Safe, FollowGuidance
World
117,081,668Confirmed
2,600,048Deaths
92,655,967Recovered
Fetching Location Data…
Advertisement
Advertisement
Bob Mason
Stellar coin trading chart for monitoring XLM values of stellar and buying crypto currency on the exchange. Copy space.
Stellar coin trading chart for monitoring XLM values of stellar and buying crypto currency on the exchange. Copy space.

EOS

EOS rose by 1.12% on Sunday. Following on from a 4.37% rally on Saturday, EOS ended the week down by 1.13% to $3.0326.

A mixed start to the day saw EOS fall to an early morning intraday low $2.9528 before making a move.

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

75% of retail CFD investors lose money

Steering clear of the first major support level at $2.8402, EOS rallied to a late morning intraday high $3.1018.

Falling short of the first major resistance level at $3.1414, EOS fell back to sub-$3.00 levels before finding support.

Late in the day, EOS moved back through to $3.00 levels to deliver the upside on the day.

At the time of writing, EOS was up by 1.78% to $3.0865. A bullish start to the day saw EOS rise from an early morning low $3.0316 to a high $3.1166.

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

EOSUSD 301120 Hourly Chart

For the day ahead

EOS would need to avoid a fall through the $3.0116 pivot level to support a run at the first major resistance level at $3.1228.

Support from the broader market would be needed, however, for EOS to break out from the morning high $3.1166.

Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the event of another breakout, EOS could test resistance at $3.3 before any pullback. The second major resistance level sits at $3.2131.

Failure to avoid a fall through the pivot level at $3.0116 would bring the first major support level at $2.9213 into play.

Barring another extended sell-off, however, EOS should steer of sub-$2.90 levels. The second major support level sits at $2.8101.

Looking at the Technical Indicators

First Major Support Level: $2.9213

First Major resistance Level: $3.1228

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 fell by 2.83% on Sunday. Following a 3.24% fall from Saturday, Stellar’s Lumen ended the week up by 85.96% to $0.19435.

It was a mixed start to the day. Stellar’s Lumen fell to an early morning intraday $0.1880.

The pullback saw Stellar’s Lumen fall through the 62% FIB of $0.1989 and the first major support level at $0.1902 before making a move.

Finding support through the morning, Stellar’s Lumen struck a late morning intraday high $0.2034 before easing back.

Falling well short of the first major resistance level at $0.2155, Stellar’s Lumen fall back to sub-$0.19 levels. The reversal saw Stellar’s Lumen fall back through the 62% FIB of $0.1989 and the first major support level.

Finding support late in the day, Stellar’s Lumen revisited $0.199 levels before easing back. The 62% FIB and resistance at $0.2 pinned Stellar’s Lumen back late on.

At the time of writing, Stellar’s Lumen was up by 5.10% to $0.20426. A mixed start to the day saw a dip to an early morning low $0.19416 before rising to a high $0.20540.

Stellar’s Lumen broke through the 62% FIB and the first major resistance level at $0.20248 early on.

XLMUSD 301120 Hourly Chart

For the day ahead

Stellar’s Lumen would need to avoid a fall through the first major resistance level to support a run at the second major resistance level at $0.21061.

Support from the broader market would be needed, however, for Stellar’s Lumen to break through to $0.210 levels.

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

In the event of another breakout, Stellar’s Lumen could test resistance at $0.22 before any pullback. The third major resistance level sits at $0.22598.

Failure to avoid a fall through the first major resistance level at $0.20248 would bring the 62% FIB of $0.1989 and the pivot level at $0.19524 into play.

Barring an extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.18 levels. The first major support level at $0.18711 should limit any downside.

Looking at the Technical Indicators

First Major Support Level: $0.18711

First Major Resistance Level: $0.20248

23.6% FIB Retracement Level: $0.09280

38% FIB Retracement Level: $0.1333

62% FIB Retracement Level: $0.1989

Tron’s TRX

Tron’s TRX rose by 0.74% on Sunday. Partially reversing a 4.02% rally from Saturday, Tron’s TRX ended the week up by 6.92% to $0.030745.

It was a mixed start to the day. Tron’s TRX slid to an early morning intraday low $0.02946 before making a move.

Steering clear of the 23.6% FIB of $0.0291 and the first major support level at $0.02874, Tron’s TRX rallied to a late morning intraday high $0.03139.

Falling short of the first major resistance level at $0.03208, Tron’s TRX fell back to sub-$0.030 levels before finding support.

A late move back through to $0.030 levels delivered the upside on the day.

At the time of writing, Tron’s TRX was up by 1.43% to $0.031185. A bullish start to the day saw Tron’s TRX rise from an early morning low $0.030571 to a high $0.031458.

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

TRXUSD 301120 Hourly Chart

For the Day Ahead

Tron’s TRX would need to avoid a fall through the $0.03053 pivot level to support another run at the first major resistance level at $0.03160.

Support from the broader market would be needed, however, for Tron’s TRX to break out from the morning high $0.031458.

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

In the event of another breakout, resistance at $0.033 would likely come into play. The second major resistance level sits at $0.03246.

Failure to avoid a fall through the $0.03053 pivot level would bring the first major support level at $0.02967 and 62% FIB of $0.0291 into play.

Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.029 levels. The second major support level sits at $0.02860.

Looking at the Technical Indicators

First Major Support Level: $0.02967

First Major Resistance Level: $0.03160

23.6% FIB Retracement Level: $0.0291

38.2% FIB Retracement Level: $0.0428

62% FIB Retracement Level: $0.0648

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

  • Your capital is at risk