EOS

EOS fell by 3.66% on Tuesday. Following a 3.73% slide on Monday, EOS ended the day at $3.6852.

A bullish start to the day saw EOS rise to an early morning intraday high $3.8999 before hitting reverse.

Falling short of the first major resistance level at $4.0166, EOS fell to a final hour intraday low $3.6587.

EOS fell through the first major support level at $3.7296 to end the day at sub-$3.70 levels.

At the time of writing, EOS was up by 0.98% to $3.7212. A mixed start to the day saw EOS fall to an early morning low $3,6363 before rising to a high $3.7286.

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

For the day ahead

EOS would need to move through the $3.7479 pivot to bring the first major resistance level at $3.8372 into play.

Support from the broader market would be needed to break back through to $3.80 levels.

Barring a broad-based crypto rally, the first major resistance and Tuesday’s high $3.8999 would likely cap any upside.

In the event of an extended rally, EOS could test the second major resistance level at $3.9891 before any pullback.

Failure to move through the $3.7479 pivot would bring the first major support level at $3.5960 into play.

Barring an extended sell-off, however, EOS should steer clear of sub-$3.50 levels. The second major support level at $3.5067 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $3.5960

First Major resistance Level: $3.8372

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 fell by 3.57% on Tuesday. Following a 3.95% loss on Monday, Stellar’s Lumen ended the day at $0.2568.

A mixed start to the day saw Stellar’s Lumen rise to an early morning intraday high $0.2702 before hitting reverse.

Falling short of the first major resistance level at $0.2773, Stellar’s Lumen slid to a final hour intraday low $0.2551.

Stellar’s Lumen fell through the first major support level at $0.2589 to end the day at $0.256 levels.

At the time of writing, Stellar’s Lumen was up by 1.02% to $0.2595. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.2551 before rising to a high $0.2600.

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

For the day ahead

Stellar’s Lumen would need to move through the $0.2607 pivot to bring the first major resistance level at $0.2663 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from $0.2650 levels.

Barring an extended rally, the first major resistance level and Tuesday’s high $0.2702 would likely cap the upside.