EOS<\/p>\n
EOS surged by 8.28% on Friday. Reversing a 0.96% fall from Thursday, EOS ended the day at $2.9843.<\/p>\n
A bearish start to the day saw EOS slide to a late morning intraday low $2.6526 before making a move.<\/p>\n
EOS fell through the first major support level at $2.6949 before striking a late intraday high $3.0030.<\/p>\n
The rally saw EOS break through the major resistance levels to hit $3.00 levels for the 1st time since late November.<\/p>\n
In spite of a late pullback, EOS held above the third major resistance level at $2.9479 at the day end.<\/p>\n
At the time of writing, EOS was down by 0.83% to $2.9484. A mixed start to the day saw EOS strike an early high $3.0222 before falling to a low $2.9301.<\/p>\n
EOS left the major support and resistance levels untested early on.<\/p>\n
EOS would need to move back through the morning high $3.0222 to support a run at the first major resistance level at $3.0999.<\/p>\n
Support from the broader market would be needed, however, for EOS to break out from $3.0000.<\/p>\n
Barring an extended broad-based crypto rally, the first major resistance level, and Fridays high would likely limit any upside.<\/p>\n
Failure to move back through the morning high $3.0222 levels could see EOS fall deeper into the red.<\/p>\n
A fall through the morning low to sub-$2.88 levels would bring the first major support level at $2.7495 into play.<\/p>\n
Barring a crypto meltdown, however, EOS should steer clear of the second major support level at $2.5258.<\/p>\n
Major Support Level: $2.7495<\/p>\n
Major Resistance Level: $3.0999<\/p>\n
23.6% FIB Retracement Level: $6.62<\/p>\n
38% FIB Retracement Level: $9.76<\/p>\n
62% FIB Retracement Level: $14.82<\/p>\n
Ethereum rallied by 5.08% on Friday. Reversing a 2.08% slide from Thursday, Ethereum ended the day at $144.72.<\/p>\n
Tracking the broader market, Ethereum fell to an early morning intraday low $135.26 before striking a late intraday high $145.81.<\/p>\n
Steering clear of the major support levels, Ethereum broke through the first major resistance level at $141.02 and second major resistance level at $144.33.<\/p>\n
A late pullback to $141 levels saw Ethereum fall through the second major resistance level before a final hour breakout.<\/p>\n
At the time of writing, Ethereum was down by 1.62% to $142.37. A mixed start to the day saw Ethereum rise to an early morning high $145.25 before falling to a low $142.26.<\/p>\n
Ethereum left the major support and resistance levels untested early on.<\/p>\n
Story continues<\/p>\n
Ethereum would need to move through to the morning high $145.25 to support a run at the first major resistance level at $148.60.<\/p>\n
Support from the broader market would be needed for Ethereum to break out from Fridays high $145.81.<\/p>\n
Barring a broad-based crypto rally, however, resistance at $145 levels would likely limit any upside.<\/p>\n
Failure to move through the morning high could see Ethereum struggle throughout the day.<\/p>\n
A fall through the morning low to sub-$142 levels would bring the first major support level at $138.05 into play.<\/p>\n
Barring a crypto sell-off, however, Ethereum should steer well clear of Fridays low $135.26.<\/p>\n
Major Support Level: $138.05<\/p>\n
Major Resistance Level: $148.60<\/p>\n
23.6% FIB Retracement Level: $257<\/p>\n
38.2% FIB Retracement Level: $367<\/p>\n
62% FIB Retracement Level: $543<\/p>\n
Ripples XRP rose by 4.18% on Friday. Reversing a 1.66% fall from Thursday, Ripples XRP ended the day at $0.21228.<\/p>\n
A relatively bearish start to the day saw Ripples XRP fall to an early morning intraday low $0.20050 before finding support.<\/p>\n
Finding support at the first major support level at $0.20040, Ripples XRP rallied to a late intraday high $0.21271.<\/p>\n
Ripples XRP broke through the first major resistance level at $0.20790 and the second major resistance level at $0.2121.<\/p>\n
While easing back from the day high, Ripples XRP held above the second major resistance level at the day end.<\/p>\n
At the time of writing, Ripples XRP was down by 1.11% to $0.20992. A mixed start to the day saw Ripples XRP rise to an early morning high $0.21430 before falling to a low $0.20912.<\/p>\n
Ripples XRP left the major support and resistance levels untested early on.<\/p>\n
Ripples XRP will need to move back through to $0.21 levels to support a run at the first major resistance level at $0.21650.<\/p>\n
Support from the broader market would be needed, however, for Ripples XRP to break out from the morning high $0.21430.<\/p>\n
Barring a broad-based crypto rebound, the first major resistance level at $0.21650 would likely limit any upside.<\/p>\n
Failure to move back through to $0.2100 levels could see Ripples XRP slide deeper into the red.<\/p>\n
A fall through the morning low $0.20912 to sub-$0.2080 levels would bring the first major support level at $0.20430 into play.<\/p>\n
Barring a crypto meltdown, however, Ripples XRP should steer of the second major support level at $0.19630.<\/p>\n
Major Support Level: $0.2043<\/p>\n
Major Resistance Level: $0.2165<\/p>\n
23.6% FIB Retracement Level: $0.3638<\/p>\n
38.2% FIB Retracement Level: $0.4800<\/p>\n
62% FIB Retracement Level: $0.6678<\/p>\n
Please let us know what you think in the comments below.<\/p>\n
Thanks, Bob<\/p>\n
This article was originally posted on FX Empire<\/p>\n
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EOS, Ethereum and Ripples XRP Daily Tech Analysis 11\/01\/20 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" EOS EOS surged by 8.28% on Friday. Reversing a 0.96% fall from Thursday, EOS ended the day at $2.9843 Continue reading