In This Article:
EOS
EOS rose by 1.24% on Monday. Following a 0.19% gain on Sunday, EOS ended the day at $4.8136.
A mixed start to the day saw EOS fall to an early morning intraday low $4.7136 before making a move.
Steering clear of the first major support level at $4.5806, EOS rose to a late morning intraday high $4.8514.
Falling short of the first major resistance level at $5.0057, however, EOS fell back to sub-$4.80 levels before finding late support.
At the time of writing, EOS was up by 0.81% to $4.8527. A mixed start to the day saw EOS fall to an early morning low $4.7903 before rising to a high $4.8527.
EOS left the major support and resistance levels untested early on.
For the day ahead
EOS would need to avoid the $4.7929 pivot to bring the first major resistance level at $4.8721 into play.
Support from the broader market would be needed to break out from $4.85 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 levels before any pullback. The second major resistance level sits at $4.9307.
A fall through the $4.7929 pivot would bring the first major support level at $4.7343 into play.
Barring an extended sell-off, however, EOS should steer clear of sub-$4.50 levels. The second major support level at $4.6551 should limit the downside.
Looking at the Technical Indicators
First Major Support Level: $4.7343
First Major resistance Level: $4.8721
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 rallied by 4.30% on Monday. Reversing a 1.53% loss from Sunday, Stellar’s Lumen ended the day at $0.3880.
A mixed start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.3707 before making a move.
Steering clear of the first major support level at $0.3635, Stellar’s Lumen rallied to a late intraday high $0.3882.
Stellar’s Lumen broke through the first major resistance level at $0.3837 to end the day at $0.388 levels.
At the time of writing, Stellar’s Lumen was down by 0.49% to $0.3861. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.3885 before falling to a low $0.3840.
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 $0.3823 pivot to bring the first major resistance level at $0.3939 into play.
Support from the broader market would be needed, however, for Stellar’s Lumen to break out from the morning high $0.3885.
Barring an extended rally, the first major resistance level would likely cap the upside.