EOS rose by 0.56% on Monday. Following a 6.37% rally from Sunday, EOS ended the day at $2.8165.
A bullish start to the day saw EOS surge to a mid-morning intraday high $3.1494 before hitting reverse.
EOS broke through the first major resistance level at $2.9398 and the second major resistance level at $3.0728.
The reversal saw EOS slide to a late morning intraday low $2.4711 before finding support.
EOS fell through the first major support level at $2.5991 before a recovery to $2.81 levels.
At the time of writing, EOS was up by 1.50% to $2.8588. A mixed start to the day saw EOS fall to an early morning low $2.8010 before rising to a high $2.8983.
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 $2.8123 pivot level to support a run at the first major resistance level at $3.1536.
Support from the broader market would be needed, however, for EOS to break back through to $3.10 levels.
Barring another extended crypto rally, resistance at $3.10 would likely leave EOS short of the first major resistance level.
In the event of an extended rally, EOS could test resistance at $3.20 before any pullback. The second major resistance level sits at $3.4906.
Failure to avoid a fall back through the pivot level at $2.8123 would bring the first major support level at $2.4753 into play.
Barring another extended sell-off, however, EOS should steer of sub-$2.40 levels, however. The second major support level sits at $2.1340.
Looking at the Technical Indicators
First Major Support Level: $2.4753
First Major resistance Level: $3.1536
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 surged by 20.07% on Monday. Following on from a 7.13% rally on Sunday, Stellar’s Lumen ended the day at $0.16420.
A mixed morning saw Stellar’s Lumen rise to a mid-morning high $0.15543 before hitting reverse.
Stellar’s Lumen broke through the first major resistance level at $0.14263 and the second major resistance level at $0.14850.
The reversal saw Stellar’s Lumen slide through the 38.2% FIB of $0.1333 to a late morning intraday low $0.12852.
Steering clear of the first major support level at $0.12748, Stellar’s Lumen surged to a late intraday high $0.16784.
Stellar’s Lumen broke back through the 38.2% FIB and through the day’s major resistance levels to wrap up the day at $0.164 levels.
The third major resistance level at $0.16365 provided support late in the day.
At the time of writing, Stellar’s Lumen was down by 1.41% to $0.16188. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.16775 before falling to a low $0.15880.
Stellar’s Lumen left the major support and resistance levels untested early on.
For the day ahead
Stellar’s Lumen would need to avoid a fall through the $0.15352 pivot level to bring the first major resistance level at $0.17852 into play.
Support from the broader market would be needed, however, for Stellar’s Lumen to break through to $0.17 levels.
Barring an extended crypto rally, the first major resistance level and resistance at $0.18 would likely cap any upside.
In the event of an extended rally, Stellar’s Lumen could test resistance at $0.20 before any pullback. The second major resistance level sits at $0.19284.
Failure to avoid a fall through the $0.15352 pivot level would bring sub-$0.15 levels into play before any recovery.
Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of the first major support level at $0.13920. The second major support level sits at $0.11420.
Looking at the Technical Indicators
First Major Support Level: $0.13920
First Major Resistance Level: $0.17852
23.6% FIB Retracement Level: $0.09280
38% FIB Retracement Level: $0.1333
62% FIB Retracement Level: $0.1989
Tron’s TRX
Tron’s TRX rose by 5.49% on Monday. Following on from an 8.87% rally on Sunday, Tron’s TRX ended the day at $0.031046.
Tracking the broader market, Tron’s TRX rallied to a mid-morning intraday high $0.03271 before hitting reverse.
Tron’s TRX broke through the first major resistance level at $0.03118 before sliding to a late morning intraday low $0.02524.
The reversal saw Tron’s TRX fall through the 23.6% FIB of $0.0291 and the first major support level at $0.02682.
Steering clear of sub-$0.025 levels, however, Tron’s TRX bounced back to $0.031 levels late in the day.
The rebound saw Tron’s TRX break back through the 23.6% FIB to test the first major resistance level at $0.03118 before easing back.
At the time of writing, Tron’s TRX was down by 0.86% to $0.30778. A mixed start to the day saw Tron’s TRX rise to an early morning high $0.031869 before falling to a low $0.029804.
Tron’s TRX left the major support and resistance levels untested early on.
For the Day Ahead
Tron’s TRX would need to avoid a fall through the $0.02967 pivot and 23.6% FIB to bring the first major resistance level at $0.03409 into play.
Support from the broader market would be needed, however, for Tron’s TRX to break out from Monday’s high $0.03271.
Barring an extended crypto rally, resistance at $0.033 would likely leave Tron’s TRX short of the first major resistance level.
In the event of another extended rally, Tron’s TRX could resistance at $0.035 before any pullback. The second major resistance level sits at $0.03714.
Failure to avoid a fall through the $0.02967 pivot and the 23.6% FIB would bring the first major resistance level at $0.02662 into play.
Barring another extended sell-off on the day, Tron’s TRX should steer clear of sub-$0.025 levels. The second major support level sits at $0.02220.
Looking at the Technical Indicators
First Major Support Level: $0.02662
First Major Resistance Level: $0.03409
23.6% FIB Retracement Level: $0.0291
38.2% FIB Retracement Level: $0.0428
62% FIB Retracement Level: $0.0648
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