EOS

EOS fell by 0.56% on Monday. Reversing a 0.55% decline from Sunday, EOS ended the day at $2.6441.

It was a mixed start to the day. EOS fell to a late morning intraday low $2.6018 before making a move.

The reversal saw EOS fall through the first major support level at $2.6090 before rallying to an intraday high $2.7022.

EOS broke through the first major resistance level at $2.6996 before sliding back to sub-$2.65 levels and into the red.

At the time of writing, EOS was flat at $2.6442. A choppy start to the day saw EOS rise to an early morning high $2.6497 before falling to a low $2.6247.

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

For the day ahead

EOS would need to move through the $2.6494 pivot level to support a run at the first major resistance level at $2.6969.

Support from the broader market would be needed, however, for EOS to break back through to $2.69 levels.

Barring an extended crypto rally, the first major resistance level and Monday’s high $2.7022 would likely cap any upside.

Failure to move through the pivot level at $2.6494 would bring the first major support level at $2.5965 into play.

Barring an extended sell-off, however, EOS should steer of the second major support level at $2.5490.

Looking at the Technical Indicators

First Major Support Level: $2.5965

First Major resistance Level: $2.6969

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 rose by 0.40% on Monday. Reversing a 0.18% fall from Sunday, Stellar’s Lumen ended the day at $0.07751.

A bearish start to the day saw Stellar’s Lumen fall to a late morning intraday low $0.076003 before making a move.

Stellar’s Lumen fell through the first major support level at $0.07629 before rallying to a late intraday high $0.079291.

Stellar’s Lumen broke through the first major resistance level at $0.07842 before sliding back to sub-$0.078 levels.

At the time of writing, Stellar’s Lumen was down by 0.49% to $0.077134. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.077620 before falling to a low $0.076840.

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 $0.07760 pivot to support a run at the first major resistance level at $0.07920.

Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.079 levels.

Barring another broad-based crypto rally, the first major resistance level and Monday’s high $0.079291 would likely cap any upside.