EOS fell by 1.91% on Monday. Partially reversing a 3.84% loss from Sunday, EOS ended the day at $4.0770.
A bearish start to the day saw EOS slide to an early morning low $3.9876 before making a move.
EOS fell through the first major support level at $4.0366 before rallying to a late afternoon intraday high $4.3629.
EOS broke through the first major resistance level at $4.3550, before sliding to a late low $4.0501.
Steering clear of the first major support level at $4.0366, EOS ended the day at $4.07 levels.
At the time of writing, EOS was up by 1.69% to $4.1460. A mixed start to the day saw EOS fall to an early morning low $4.0368 before rising to a high $4.1526.
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 $4.1425 pivot level to support a run at the first major resistance level at $4.2974.
Support from the broader market would be needed, however, for EOS to break back through to $4.20 levels.
Barring an extended crypto rally, the first major resistance level and Monday’s high $4.3629 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 $4.5178.
Failure to avoid a fall back through the $4.1425 pivot would bring the first major support level at $3.9221 into play.
Barring an extended sell-off, however, EOS should steer clear of sub-$3.90 levels. The second major support level sits at $3.7672.
Looking at the Technical Indicators
First Major Support Level: $3.9221
First Major resistance Level: $4.2974
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 2.72% on Monday. Following on from a 2.96% slide from Sunday, Stellar’s Lumen ended the day at $0.3928.
A bearish start to the day saw Stellar’s Lumen slide to an early morning low $0.3950 before making a move.
Steering clear of the first major support level at $0.3896, Stellar’s Lumen rallied to a mid-day intraday high $0.4250.
Stellar’s Lumen broke through the first major resistance level at $0.4208 before hitting reverse.
The reversal saw Stellar’s Lumen slide to a late intraday low $0.3912.
Continuing to steer clear of the first major support level at $0.3896, Stellar’s Lumen ended the day at $0.392 levels.
At the time of writing, Stellar’s Lumen was up by 1.93% to $0.4004. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.3900 before rising to a high $0.4009.
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 $0.4030 to bring the first major resistance level at $0.4148 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 Monday’s high $0.4250 would likely cap any upside.
In the event of an extended rally, Stellar’s Lumen could test resistance at $0.44 before any pullback. The second major resistance level sits at $0.4368.
Failure to move through the $0.4030 pivot would bring the 38.2% FIB of $0.3864 and the first major support level at $0.3810 into play.
Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of the second major support level at $0.3692.
Looking at the Technical Indicators
First Major Support Level: $0.3810
First Major Resistance Level: $0.4148
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 slid by 6.67% on Monday. Reversing a 3.51% rally from Sunday, Tron’s TRX ended the day at $0.05894.
A mixed start to the day saw Tron’s TRX fall to an early morning low $0.06083 before making a move.
Steering clear of the first major support level at $0.05924, Tron’s TRX rallied to a late morning intraday high $0.06678.
Tron’s TRX broke through the 62% FIB of $0.06480 and the first major resistance level at $0.06632.
Coming up short of $0.068 levels, Tron’s TRX tumbled to a late intraday low $0.05855.
The sell-off saw Tron’s TRX fall through the first major support level at $0.05924 to end the day at sub-$0.059 levels.
At the time of writing, Tron’s TRX was up by 3.11% to $0.06077. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.05867 before rising to a high $0.06082.
Tron’s TRX left the major support and resistance levels untested early on.
For the Day Ahead
Tron’s TRX need to move through the pivot level at $0.06142 to bring the first major resistance level at $0.06430 and the 62% FIB of $0.06480 into play.
Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.064 levels.
Barring an extended crypto rally, the first major resistance level and 62% FIB 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 $0.06965.
Failure to move through the $0.06142 pivot would bring the first major support level at $0.05607 into play.
Barring an extended sell-off, however, Tron’s TRX should steer clear of sub-$0.055 levels. The second major support level sits at $0.05319.
Looking at the Technical Indicators
First Major Support Level: $0.05607
First Major Resistance Level: $0.06430
23.6% FIB Retracement Level: $0.03211
38.2% FIB Retracement Level: $0.0428
62% FIB Retracement Level: $0.0648
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