EOS
EOS rose by 0.02% on Tuesday. Following a 1.47% fall from Monday, EOS ended the day at $2.5023.
It was a mixed start to the day. EOS fell to an early morning low $2.4751 before making a move.
Steering clear of the first major support level at $2.4253, EOS rallied to a mid-day intraday high $2.5431.
Falling short of the first major resistance level at $2.5794, EOS slid to a mid-afternoon intraday low $2.4700.
Continuing to steer clear of the first major support level, EOS recovered to $2.50 levels to end the day in the green.
At the time of writing, EOS was up by 1.17% to $2.5315. A mixed start to the day saw EOS fall to an early morning low $2.4939 before striking a high $2.5367.
EOS left the major support and resistance levels untested early on.
For the day ahead
EOS would need to avoid a fall back through the $2.5051 pivot level to support a run at the first major resistance level at $2.5403.
Support from the broader market would be needed, however, for EOS to break back through to $2.54 levels.
Barring an extended crypto rally, the first major resistance level and Tuesday’s high $2.5431 would likely cap any upside.
Failure to avoid a fall back through the pivot level at $2.5051 would bring the first major support level at $2.4672 into play.
Barring an extended sell-off, however, EOS should continue to steer of sub-$2.40 levels. The second major support level at $2.4320 should limit any downside.
Looking at the Technical Indicators
First Major Support Level: $2.4672
First Major resistance Level: $2.5403
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 0.29% on Tuesday. Following on from a 2.11% slide on Monday, Stellar’s Lumen ended the day at $0.079662.
A mixed start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.079172 before making a move.
Steering clear of the first major support level at $0.07780, Stellar’s Lumen rallied to a late morning intraday high $0.082500.
Stellar’s Lumen broke through the first major resistance level at $0.08199 before sliding back to sub-$0.080 levels.
Finding late support, however, Stellar’s Lumen broke briefly revisited $0.080 levels before falling back into the red.
At the time of writing, Stellar’s Lumen was up by 2.18% to $0.081401. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.079601 before rising to a high $0.081596.
Stellar’s Lumen left the major support and resistance levels untested early on.