EOS rose by 1.29% on Tuesday. Following on from a 4.08% rally on Monday, EOS ended the day at $4.3365.
A mixed start to the day saw EOS fall to an early morning intraday low $4.1939 before making a move.
Steering clear of the first major support level at $4.1066, EOS rallied to an early afternoon intraday high $4.4125.
EOS broke through the first major resistance level at $4.3846 before hitting reverse.
Coming up short of the second major resistance level at $4.4953, EOS slid back to $4.24 levels.
Finding late support, however, EOS briefly broke back through the first major resistance level at $4.3846 before easing back.
At the time of writing, EOS was up by 0.92% to $4.3765. A mixed start to the day saw EOS fall to an early morning low $4.3334 before rising to a high $4.3918.
EOS left the major support and resistance levels untested early on.
For the day ahead
EOS would need to avoid a fall through the $4.3143 pivot level to support a run at the first major resistance level at $4.4347.
Support from the broader market would be needed, however, for EOS to break back through to $4.40 levels.
Barring an extended crypto rally, the first major resistance level and Tuesday’s high $4.4125 would likely cap any upside.
In the event of an extended rally, EOS could test resistance at $4.50 before any pullback. The second major resistance level sits at $4.5329.
Failure to avoid a fall through the $4.3143 pivot would bring the first major support level at $4.2161 into play.
Barring another extended sell-off, however, EOS should steer clear of sub-$4.00 levels. The second major support level at $4.0957 should limit the downside.
Looking at the Technical Indicators
First Major Support Level: $4.2161
First Major resistance Level: $4.4347
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 0.82% on Tuesday. Partially reversing a 1.71% gain on Monday, Stellar’s Lumen ended the day at $0.4010.
A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.3988 before making a move.
Steering clear of the first major support level at $0.3921, Stellar’s Lumen rallied to a mid-day intraday high $0.4127.
Falling short of the first major resistance level at $0.4145, Stellar’s Lumen slid to a late intraday low $0.3983.
Continuing to steer clear of the major support levels, Stellar’s Lumen briefly revisited $0.4030 levels before easing back.
At the time of writing, Stellar’s Lumen was up by 0.15% to $0.4016. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.3985 before rising to a high $0.4022.
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 pivot level at $0.4055 to bring the first major resistance level at $0.4127 into play.
Support from the broader market would be needed, however, for Stellar’s Lumen break back through to $0.41 levels.
Barring an extended crypto rally, the first major resistance level and Tuesday’s high $0.4172 would likely cap any upside.
In the event of an extended rally, Stellar’s Lumen could test resistance at $0.43 before any pullback. The second major resistance level sits at $0.4244.
Failure to move through the $0.4055 pivot would bring the first major support level at $0.3938 into play.
Barring an extended sell-off on the day, Stellar’s Lumen should steer clear of sub-$0.38 levels. The first major support level at $0.3866 and the 38.2% FIB of $0.3864 should limit the downside.
Looking at the Technical Indicators
First Major Support Level: $0.3938
First Major Resistance Level: $0.4127
23.6% FIB Retracement Level: $0.3426
38% FIB Retracement Level: $0.2823
62% FIB Retracement Level: $0.1850
Tron’s TRX
Tron’s TRX rose by 1.06% on Tuesday. Following a 1.45% gain on Monday, Tron’s TRX ended the day at $0.06581.
A mixed start to the day saw Tron’s TRX fall to an early morning intraday low $0.06369 before making a move.
While steering clear of the first major support level at $0.06301, Tron’s TRX fell through the 62% FIB of $0.06480.
Finding early support, however, Tron’s TRX rallied to a late morning intraday high $0.06759.
Tron’s TRX broke through the 62% FIB of $0.06480 and the first major resistance level at $0.06681 before a second pullback.
Falling short of the second major resistance level at $0.06854, Tron’s TRX fell back to sub-$0.06450 levels.
Finding late support, however, moved back through the 62% FIB of $0.06480 to end the day at $0.065 levels.
At the time of writing, Tron’s TRX was up by 0.41% to $0.06608. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.06513 before rising to a high $0.06670
Tron’s TRX left the major support and resistance levels untested early on.
For the Day Ahead
Tron’s TRX need to avoid a fall back through the pivot level at $0.06570 to bring the first major resistance level at $0.06770 into play.
Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.06750 levels.
Barring an extended crypto rally, the first major resistance level and Tuesday’s high $0.06759 would likely cap any upside.
In the event of an extended rally Tron’s TRX could test resistance at $0.070 before any pullback. The second major resistance level sits at $0.06960.
Failure to avoid a fall back through the $0.06570 pivot would bring the 62% FIB of $0.06480 and the first major support level at $0.06380 into play.
Barring an extended sell-off, however, Tron’s TRX should steer clear of the second major support level at $0.06180.
Looking at the Technical Indicators
First Major Support Level: $0.06380
First Major Resistance Level: $0.06770
23.6% FIB Retracement Level: $0.03211
38.2% FIB Retracement Level: $0.0428
62% FIB Retracement Level: $0.0648
Please let us know what you think in the comments below
