EOS<\/p>\n
EOS fell by 2.56% on Friday. Reversing a 2.31% gain from Thursday, EOS ended the day at $3.4287.<\/p>\n
A mixed start to the day saw EOS rise to an early morning intraday high $3.6212 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $3.7749, EOS slid to a mid-day intraday low $3.3535.<\/p>\n
EOS fell through the first major support level at $3.4250 before recovering. Finding support late on, EOS struck a high $3.6100 before falling back to $3.52 levels.<\/p>\n
At the time of writing, EOS was up by 0.44% to $3.5444. A bullish start to the day saw EOS rise from an early morning low $3.5282 to a high $3.5908.<\/p>\n
EOS left the major support and resistance levels untested early on.<\/p>\n
EOS would need to move back through to $3.60 levels to support a run at the first major resistance level at $3.6888.<\/p>\n
Support from the broader market would be needed, however, for EOS to break out from Fridays high $3.6812.<\/p>\n
Barring a broad-based crypto rally, the first major resistance level would likely leave EOS short of $3.70 levels once more.<\/p>\n
Failure to move back through to $3.60 levels could see EOS fall back into the red.<\/p>\n
A fall back through the morning low to sub-$3.52 levels would bring the first major support level at $3.3611 into play.<\/p>\n
Barring an extended crypto sell-off, however, EOS should continue to steer clear of sub-$3.30 levels.<\/p>\n
Major Support Level: $3.3611<\/p>\n
Major Resistance Level: $3.6888<\/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 slipped by 0.1% on Friday. Following a 1.72% gain from Thursday, Ethereum ended the day at $227.36.<\/p>\n
A mixed start to the day saw Ethereum rise to an early morning intraday high $234.90 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $237.75, Ethereum slid to a mid-day intraday low $213.63.<\/p>\n
Ethereum fell through the first major support level at $218.75 before recovering to $230 levels. A final hour pullback to sub-$227.60 levels left Ethereum in the red for the day, however.<\/p>\n
At the time of writing, Ethereum was up by 1.05% to $229.75. A bullish start to the day saw Ethereum rise from an early morning low $227.04 to a high $232.20.<\/p>\n
Ethereum left the major support and resistance levels untested early on.<\/p>\n
Story continues<\/p>\n
Ethereum would need to break back through the morning high $232.20 to bring the first major resistance level at $236.97 into play.<\/p>\n
Support from the broader market would be needed, however, for Ethereum to break back through to $230 levels.<\/p>\n
Barring a broad-based crypto rally, the first major resistance level at $236.97 should leave Ethereum short of $240 levels.<\/p>\n
Failure to move back through the morning high could see Ethereum give up the early gains.<\/p>\n
A fall through back through the morning low to sub-$225.30 levels would bring the first major support level at $215.70 into play.<\/p>\n
Barring an extended crypto sell-off, however, Ethereum should steer clear of sub-$210 support levels.<\/p>\n
Major Support Level: $215.70<\/p>\n
Major Resistance Level: $236.97<\/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 fell by 0.48% on Friday. Partially reversing a 3.81% gain from Thursday, Ripples XRP ended the day at $0.23764.<\/p>\n
Tracking the broader market, Ripples XRP rose to an early morning intraday high $0.24450 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $0.2490, Ripples XRP slid to a mid-day intraday low $0.2290.<\/p>\n
Steering clear of the first major support level at $0.2261, Ripples XRP recovered to $0.24 levels before falling back into the red.<\/p>\n
At the time of writing, Ripples XRP was up by 0.28% to $0.23830. A mixed start to the day saw Ripples XRP rise to an early morning high $0.24144 before falling to a low $0.23660.<\/p>\n
Ripples XRP left the major support and resistance levels untested early on.<\/p>\n
Ripples XRP will need to break back through to $0.24 levels to support a run at the first major resistance level at $0.2451.<\/p>\n
Support from the broader market would be needed, however, for Ripples XRP to break out from the morning high $0.24144.<\/p>\n
Barring an extended crypto rally, the first major resistance levels would likely pin Ripples XRP back from $0.25 levels.<\/p>\n
Failure to move back through to $0.24 levels could see Ripples XRP fall back into the red.<\/p>\n
A fall back through to sub-$0.2370 levels would bring the first major support level at $0.2296 into play.<\/p>\n
Barring an extended crypto sell-off, however, Ripples XRP should steer clear of sub-$0.22 levels on the day.<\/p>\n
The second major support level at $0.2215 should limit any downside on the day.<\/p>\n
Major Support Level: $0.2296<\/p>\n
Major Resistance Level: $0.2451<\/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 29\/02\/20 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" EOS EOS fell by 2.56% on Friday. Reversing a 2.31% gain from Thursday, EOS ended the day at $3.4287. A mixed start to the day saw EOS rise to an early morning intraday high $3.6212 before hitting reverse Continue reading