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

EOS

EOS rose by 2.52% on Tuesday. Partially reversing a 2.80% loss from Monday, EOS ended the day at $4.8632.

A mixed start to the day saw EOS fall to an early morning intraday low $4.7064 before making a move.

Steering clear of the first major support level at $4.5087, Litecoin rose to a late intraday high $4.8831.

Falling short of the first major resistance level at $4.9645, however, EOS eased back to end the day at $4.86 levels.

At the time of writing, EOS was down by 0.21% to $4.8527. A mixed start to the day saw EOS fall to an early morning low $4.8385 before rising to a high $4.8788.

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

For the day ahead

EOS would need to avoid the $4.8176 pivot to bring the first major resistance level at $4.9287 into play.

Support from the broader market would be needed to break back through to $4.90 levels.

Barring a broad-based crypto rally, the first major resistance would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $5.00 before any pullback. The second major resistance level sits at $4.9943.

A fall through the $4.8176 pivot would bring the first major support level at $4.7520 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$4.50 levels. The second major support level at $4.6409 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $4.7520

First Major resistance Level: $4.9287

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 rose by 3.98% on Tuesday. Partially reversing a 4.15% slide from Monday, Stellar’s Lumen ended the day at $0.3314.

A mixed start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.3162 before making a move.

Steering clear of the first major support level at $0.3071, Stellar’s Lumen rallied to a late intraday high $0.3314.

In spite of the rally, Stellar’s Lumen fell short of the first major resistance level at $0.3332.

At the time of writing, Stellar’s Lumen was up by 0.09% to $0.3317. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.3298 before rising to a high $0.3351.

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

For the day ahead

Stellar’s Lumen would need to avoid the $0.3263 pivot to bring the first major resistance level at $0.3365 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from this morning’s high $0.3351.

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

In the event of a broad-based crypto rally, Stellar’s Lumen could test resistance at the 23.6% FIB of $0.3402. The second major resistance level sits at $0.3415.

A fall through the $0.3263 pivot would bring the first major support level at $0.3213 into play.

Barring another extended sell-off on the day, Stellar’s Lumen should steer clear of sub-$0.30 levels. The second major support level at $0.3111 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $0.3213

First Major Resistance Level: $0.3365

23.6% FIB Retracement Level: $0.

38% FIB Retracement Level: $0.4277

62% FIB Retracement Level: $0.5690

Tron’s TRX

Tron’s TRX surged by 12.88% on Tuesday. Reversing a 6.68% slide from Monday, Tron’s TRX ended the day at $0.1183.

A mixed start to the day saw Tron’s TRX fall to an early morning intraday low $0.1040 before making a move.

Tron’s TRX steered clear of the 38.2% FIB of $0.09890 and the first major support level at $0.09653.

Finding early support, Tron’s TRX rallied to a late morning intraday high $0.1206 before easing back.

Tron’s TRX broke through the first major resistance level at $0.1152 to end the day at $0.118 levels.

At the time of writing, Tron’s TRX was down by 1.56% to $0.1164. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.1189 before falling to a low $0.1160.

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

For the Day Ahead

Tron’s TRX would need to avoid the $0.1143 pivot to bring the first major resistance level at $0.1246 into play.

Support from the broader market would be needed, however, for Tron’s TRX to break back out from Tuesday’s high $0.1206.

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

In the event of a broad-based crypto rally, Tron’s TRX could test resistance at the 62% FIB of $0.1316 before any pullback. The second major resistance level sits at $0.1309.

A fall through the $0.1143 pivot would bring the first major support level at $0.1080 into play.

Barring another extended sell-off, however, Tron’s TRX should steer clear of sub-$0.10 levels and the 38.2% FIB of $0.09890. The second major support level sits at $0.09770.

Looking at the Technical Indicators

First Major Support Level: $0.1080

First Major Resistance Level: $0.1246

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