EOS slid by 4.42% on Tuesday. Reversing a 1.74% gain from Monday, EOS ended the day at $2.6385.
A mixed start to the day saw EOS rise to an early morning intraday high $2.7954 before hitting reverse.
Falling short of the first major resistance level at $2.8797, EOS slid to a late afternoon intraday low $2.4809.
The sell-off saw EOS fall through the first major support level at $2.6576 and the second major support level at $2.5545.
Finding late support, EOS broke back through the second major support level to reduce the deficit on the day.
At the time of writing, EOS was down by 0.69% to $2.6201. A mixed start to the day saw EOS fall to an early morning low $2.5995 before rising to a high $2.6903.
EOS left the major support and resistance levels untested early on.
For the day ahead
EOS would need to move back through the $2.6383 pivot level to support a run at the first major resistance level at $2.7956.
Support from the broader market would be needed, however, for EOS to break back through to $2.79 levels.
Barring an extended crypto rally, the first major resistance level and Tuesday’s high $2.7954 would likely cap any upside.
In the event of an extended rally, EOS could test the second major resistance level at $2.9528 before any pullback.
Failure to move back through the pivot level at $2.6383 would bring the first major support level at $2.4811 into play.
Barring another extended sell-off, however, EOS should steer of sub-$2.40 levels, however. The second major support level sits at $2.3238.
Looking at the Technical Indicators
First Major Support Level: $2.4811
First Major resistance Level: $2.7956
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 slid by 4.20% on Tuesday. Following on from a 0.65% decline on Monday, Stellar’s Lumen ended the day at $0.13821.
A mixed morning saw Stellar’s Lumen rise to an early morning intraday high $0.14897 before hitting reverse.
Falling short of the first major resistance level at $0.15218, Stellar’s Lumen slid to a late afternoon intraday low $0.12744.
Stellar’s Lumen fell through the first major support level at $0.13866 and the second major support level at $0.13315.
More significantly, Stellar’s Lumen also fell through the 38.2% FIB of $0.1333.
Finding late support, however, Stellar’s Lumen broke back through the 38.2% FIB to briefly revisit $0.139 levels before falling back into the deep red.
At the time of writing, Stellar’s Lumen was down by 2.16% to $0.13522. A mixed start to the day saw Stellar’s Lumen fall to an early morning low $0.13506 before rising to a high $0.13901.
Stellar’s Lumen left the major support and resistance levels untested early on.
For the day ahead
Stellar’s Lumen would need to move back through the $0.13820 pivot level to support a run at the first major resistance level at $0.14897.
Support from the broader market would be needed, however, for Stellar’s Lumen to break back through to $0.148 levels.
Barring an extended crypto rally, the first major resistance level and Tuesday’s high $0.14897 would likely cap any upside.
In the event of an extended rally, Stellar’s Lumen could test resistance at $0.16 before any pullback. The second major resistance level sits at $0.15974.
Failure to move back through the pivot level at $0.13820 would bring the 38.2% FIB of $0.1333 and the first major support level at $0.12744 into play
Barring another extended crypto sell-off, however, Stellar’s Lumen should steer clear of sub-$0.12 levels. The second major support level sits at $0.11667.
Looking at the Technical Indicators
First Major Support Level: $0.12744
First Major Resistance Level: $0.14897
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 slid by 6.20% on Tuesday. Reversing a 2.08% gain from Monday, Tron’s TRX ended the day at $0.027644.
Tracking the broader market, Tron’s TRX rose to an early morning intraday high $0.030491 before hitting reverse.
Falling short of the first major resistance level at $0.03062, Tron’s TRX slid to a late afternoon intraday low $0.026239.
The sell-off saw Tron’s TRX fall through the first major support level at $0.02831 and the second major support level at $0.02714.
More significantly, Tron’s TRX also fell through the 23.6% FIB of $0.0291.
Finding support late in the day, Tron’s TRX broke back through the second major support level to end the day at $0.02760 levels.
At the time of writing, Tron’s TRX was down by 0.42% to $0.027528. A mixed start to the day saw Tron’s TRX fall to an early morning low $0.027089 before rising to a high $0.028099.
Tron’s TRX left the major support and resistance levels untested early on.
For the Day Ahead
Tron’s TRX would need to move through the $0.02812 pivot to support a run at the 23.6% FIB of $0.0291 and the first major resistance level at $0.03001.
Support from the broader market would be needed, however, for Tron’s TRX to break back through to $0.030 levels.
Barring an extended crypto rally, the first major resistance level and Tuesday’s high $0.030491 would likely cap any upside.
In the event of an extended rally, Tron’s TRX could resistance at $0.032 before any pullback. The second major resistance level sits at $0.03238.
Failure to move back through the $0.02812 pivot would bring the first major support level at $0.02576 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 $0.02387.
Looking at the Technical Indicators
First Major Support Level: $0.02576
First Major Resistance Level: $0.03001
23.6% FIB Retracement Level: $0.0291
38.2% FIB Retracement Level: $0.0428
62% FIB Retracement Level: $0.0648
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