In This Article:
EOS
EOS fell by 0.28% on Wednesday. Following a 1.76% gain on Tuesday, EOS ended the day at $3.8676.
A mixed start to the day saw EOS fall an early morning low $3.8352 before making a move.
Steering clear of the first major support level at $3.7719, EOS rose to a late morning intraday high $3.9855.
Falling short of the first major resistance level at $3.9967, EOS slid to a late intraday low $3.8149.
Continuing to steer clear of the major support levels, EOS ended the day at $3.86 levels.
At the time of writing, EOS was down by 1.87% to $3.7539. A bearish start to the day saw EOS fall from an early morning high $3.8489 to a low $3.6796.
EOS fell through the first major support level at $3.7932 and the second major support level at $3.7187 early on.
For the day ahead
EOS would need to move back through the first major support level at $3.7932 and the $3.8893 pivot to bring the first major resistance level at $3.9638 into play.
Support from the broader market would be needed for EOS to break back through to $3.90 levels.
Barring a broad-based crypto rally, the first major resistance level and Wednesday’s high $3.9855 would likely cap any upside.
In the event of an extended rally, EOS could test resistance at $4.10. The second major resistance level sits at $4.0599.
Failure to move back through the first major support level at $3.7932 would bring the second major support level at $3.7187 back into play.
Barring another extended sell-off, however, EOS should steer clear of sub-$3.70 levels. The third major support level sits at $3.5481.
Looking at the Technical Indicators
First Major Support Level: $3.7932
First Major resistance Level: $3.9638
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 1.50% on Wednesdy. Partially reversing a 2.76% gain from Tuesday, Stellar’s Lumen ended the day at $0.2565.
A bearish start saw Stellar’s Lumen fall to an early morning intraday low $0.2556 before making a move.
Steering clear of the first major support level at $0.2529, Stellar’s Lumen rallied to a late morning intraday high $0.2659.
Falling short of the first major resistance level at $0.2680, however, Stellar’s Lumen fell back to sub-$0.26 levels and into the red.
At the time of writing, Stellar’s Lumen was down by 1.64% to $0.2523. A mixed start to the day saw Stellar’s Lumen rise to an early morning high $0.2577 before sliding to a low $0.2493.
Stellar’s Lumen fell through the first major support level at $0.2528 early on.
For the day ahead
Stellar’s Lumen would need to move back through the first major support level and the $0.2593 pivot to bring the first major resistance level at $0.2631 into play.