EOS

EOS rallied by 5.50% on Monday. Partially reversing a 6.60% slide from Sunday, EOS ended the day at $4.5319.

A bearish start to the day saw EOS fall to an early morning intraday low $4.1588 before making a move.

Steering clear of the first major support level at $4.1273, EOS rallied to a late afternoon intraday high $4.5744.

EOS broke through the first major resistance level at $4.5695 before easing back.

At the time of writing, EOS was down by 0.89% to $4.4915. A mixed start to the day saw EOS rise to an early morning high $4.5689 before falling to a low $4.4554.

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

For the day ahead

EOS would need to avoid the $4.4217 pivot to bring the first major resistance level at $4.6846 into play.

Support from the broader market would be needed for EOS to break out from Monday’s high $4.5744.

Barring an extended crypto rally, the first major resistance level and resistance at $4.70 would likely cap any upside.

In the event of an extended rally, EOS could test resistance at $5.00. The second major resistance level sits at $4.8373.

A fall through the $4.4217 pivot would bring the first major support level at $4.2690 into play.

Barring another extended sell-off, however, EOS should steer clear of sub-$4.00 levels. The second major support level at $4.0061 should limit the downside.

Looking at the Technical Indicators

First Major Support Level: $4.2690

First Major resistance Level: 4.6846

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 3.90% on Monday. Partially reversing a 6.63% slide from Sunday, Stellar’s Lumen ended the day at $0.2985.

A bearish start to the day saw Stellar’s Lumen fall to an early morning intraday low $0.2800 before making a move.

Steering clear of the first major support level at $0.2775, Stellar’s Lumen rallied to a late afternoon intraday high $0.3059.

Coming up against the first major resistance level at $0.3053, however, Stellar’s Lumen eased back to end the day at sub-$0.30 levels.

At the time of writing, Stellar’s Lumen was down by 0.13% to $0.2981. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.3009 before falling to a low $0.2953.

Stellar’s Lumen left the major support and resistance levels untested early on.

For the day ahead

Stellar’s Lumen would need to avoid the $0.2948 pivot to bring the first major resistance level at $0.3096 into play.

Support from the broader market would be needed, however, for Stellar’s Lumen to break out from Monday’s high $0.3059.