In This Article:
EOS
EOS rose by 1.25% on Saturday. Following on from a 1.69% gain on Friday, EOS ended the day at $2.3654.
A choppy start to the day saw EOS rise to a late morning intraday high $2.3514 before hitting reverse.
Falling short of the first major resistance level at $2.3910, EOS fell to a late morning intraday low $2.2893.
Steering clear of the first major support level at $2.2747, EOS rallied to a late intraday high $2.4072 before easing back.
EOS broke through the first major resistance level at $2.3910 before wrapping up the day at $2.36 levels.
At the time of writing, EOS was down by 0.19% to $2.3608. A mixed start to the day saw EOS rise to an early morning high $2.3799 before falling to a low $2.3569.
EOS left the major support and resistance levels untested early on.
For the day ahead
EOS would need to move through to $2.37 levels to support a run at the first major resistance level at $2.4186.
Support from the broader market would be needed, however, for EOS to break out from Saturday’s high $2.4072.
Barring an extended crypto rally, resistance at $2.40 would likely leave EOS short of the first major resistance level at $2.4186.
Failure to move back through to $2.37 levels could see EOS fall deeper into the red.
A fall back through the morning low $2.3569 to sub-$2.35 levels would bring the first major support level at $2.3007 into play.
Barring an extended crypto sell-off, however, EOS should steer clear of the second major support level at $2.2361.
Looking at the Technical Indicators
Major Support Level: $2.3007
Major Resistance Level: $2.4186
23.6% FIB Retracement Level: $6.62
38% FIB Retracement Level: $9.76
62% FIB Retracement Level: $14.82
Ethereum
Ethereum rose by 2.12% on Saturday. Following on from a 0.04% gain on Friday, Ethereum ended the day at $144.48.
A bearish start to the day saw Ethereum fall to an early morning intraday low $139.04 before finding support.
Steering clear of the first major support level at $137.42, Ethereum struck a late morning high $144.38 before sliding back.
Falling short of the first major resistance level at $146.23, Ethereum fell back to $140 levels before making a move.
A bullish afternoon saw Ethereum rally to a late intraday high $146.69 before easing back. The first major resistance level at $146.23 pinned Ethereum back on the day.
At the time of writing, Ethereum was down by 0.22% to $144.16. A mixed start to the day saw Ethereum rise to an early morning high $145.98 before falling to a low $143.76.
Ethereum left the major support and resistance levels untested early on.
For the day ahead
Ethereum would need to move back through to $145 levels to support a run at the first major resistance level at $147.77.