Ethereum

Ethereum fell by 0.42% on Sunday. Following on from a 1.92% slide on Saturday, Ethereum ended the week up 7.76% to $150.97.

A bearish start to the day saw Ethereum slide to an early morning intraday low $145.97 before making a move.

Ethereum fell through the first major support level at $149.10 and the second major support level at $146.43.

Finding support in the late morning, Ethereum rallied to an early afternoon intraday high $152.67.

Falling short of the first major resistance level at $154.95, Ethereum slid back to sub-$150 levels

A late move back through to $150 levels, however, limited the downside on the day.

The extended bearish trend, formed at late April 2018’s swing hi $828.97, remained firmly intact. A reversal from June’s current year high $364.49 back through the 23.6% FIB of $257 reaffirmed the extended bearish trend.

At the time of writing, Ethereum was down by 0.34% to $150.45. A bearish start to the day saw Ethereum fall from an early morning high $151.4 to a low $150.0.

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

For the day ahead

Ethereum would need to steer clear of sub-$150 levels to support a run at the first major resistance level at $153.77.

Support from the broader market would be needed, however, for Ethereum to break out from Sunday’s high $152.67.

In the event of a broad-based crypto rebound, Ethereum could revisit $155 levels before any pullback.

Barring a broad-based crypto rebound, however, Ethereum would likely fall short of $153 levels on the day.

Failure to steer clear of sub-$150 could see Ethereum spend another day in the red.

A fall through to $149.80 levels would bring the first major support level at $147.07 into play before any recovery.

Barring an extended sell-off, however, Ethereum should steer clear of Sunday’s low $145.97.

Looking at the Technical Indicators

Major Support Level: $147.07

Major Resistance Level: $153.77

23.6% FIB Retracement Level: $257

38.2% FIB Retracement Level: $367

62% FIB Retracement Level: $543

Stellar’s Lumen

Stellar’s Lumen rose by 0.84% on Sunday. Partially reversing a 2.82% slide from Saturday, Stellar’s Lumen ended the week up 3.41% at $0.057985.

Tracking the broader market, Stellar’s Lumen slid to an early morning intraday low $0.05564 before finding support.

Falling through the first major support level at $0.0566, Stellar’s Lumen found support at the second major support level at $0.0555.

Through the late morning, Stellar’s Lumen rallied to strike an early afternoon intraday high $0.058025.