In This Article:
EOS
EOS rose by 1.98% on Monday. Following a 5.61% rally on Sunday, EOS ended the day at $3.8490.
A mixed start to the day saw EOS fall to a mid-day intraday low $3.6863 before making a move.
Steering clear of the first major support level at $3.5811, EOS rallied to a late afternoon intraday high $3.9476.
EOS broke through the first major resistance level at $3.8722 before ending the day at sub-$3.85 levels.
At the time of writing, EOS was up by 2.24% to $3.9353. A mixed start to the day saw EOS fall to an early morning low $3.8457 before rising to a high $3.9909.
EOS tested the first major resistance level at $3.9690 early on.
For the day ahead
EOS would need to avoid the $3.8276 pivot to bring the first major resistance level at $3.9690 back into play.
Support from the broader market would be needed for EOS to avoid a fall back to sub-$3.90 levels.
Barring a broad-based crypto rally, the first major resistance level and resistance at $4.00 would likely cap any upside.
In the event of an extended rally, EOS could test resistance at $4.15. The second major resistance level sits at $4.0889.
A fall through the $3.8276 pivot and would bring the first major support level at $3.7077 into play.
Barring another extended sell-off, however, EOS should steer clear of sub-$3.70 levels. The second major support level sits at $3.5663.
Looking at the Technical Indicators
First Major Support Level: $3.7077
First Major resistance Level: $3.9690
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 1.46% on Monday. Following a 4.13% gain on Sunday, Stellar’s Lumen ended the day at $0.2635.
A bullish start to the day saw Stellar’s Lumen rise to a late morning intraday high $0.2696 before hitting reverse.
Stellar’s Lumen broke through the first major resistance level at $0.2666 before falling to an early afternoon intraday low $0.2559.
Steering clear of the first major support level at $0.2461, Stellar’s Lumen revisited $0.266 levels before easing back.
The first major resistance level at $0.2666 pegged Stellar’s Lumen back late in the day.
At the time of writing, Stellar’s Lumen was up by 2.47% to $0.2700. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.2625 before rallying to a high $0.2723.
Stellar’s Lumen broke through the first major resistance level at $0.2701 early on.
For the day ahead
Stellar’s Lumen would need to avoid the $0.2630 pivot to bring the first major resistance level at $0.2701 back into play.
Support from the broader market would be needed, however, for Stellar’s Lumen to avoid a fall back to sub-$0.27 levels.