EOS<\/p>\n
EOS rose by 1.68% on Wednesday. Following on from a 3.74% gain on Tuesday, EOS ended the day at $2.0086.<\/p>\n
A bullish start to the day saw EOS rise to an early morning intraday high $2.0149 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $2.0547, EOS slid to a late morning intraday low $1.8772.<\/p>\n
EOS fell through the first major support level at $1.8913 before moving back through to $2.00 levels and into the green.<\/p>\n
At the time of writing, EOS was down by 0.48% to $1.9990. A mixed start to the day saw EOS rise to an early morning high $2.0428 before sliding to a low $1.9747.<\/p>\n
EOS left the major support and resistance levels untested early on.<\/p>\n
EOS would need to move through to $2.00 levels to bring the first major resistance level at $2.0566 into play.<\/p>\n
Support from the broader market would be needed, however, for EOS to break out from the Wednesdays high $2.0149.<\/p>\n
Barring an extended rally, the first major resistance level at $2.0566 would likely cap any upside.<\/p>\n
Failure to move through to $2.00 levels could see EOS fall deeper into the red.<\/p>\n
A fall back through to sub-$1.9670 levels would bring the first major support level at $1.9189 into play.<\/p>\n
Barring another crypto meltdown, however, EOS should steer well clear of the second major support level at $1.8292.<\/p>\n
Major Support Level: $1.9189<\/p>\n
Major Resistance Level: $2.0566<\/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 rose by 2.19% on Wednesday. Following on from a 4.25% rally on Tuesday, Ethereum ended the day at $118.6.<\/p>\n
A relatively bullish start to the day saw Ethereum rise to an early morning high $118.3 before hitting reverse.<\/p>\n
Falling short of the major resistance levels, Ethereum fell to an early afternoon intraday low $110.18.<\/p>\n
Finding support at the first major support level at $110.0, Ethereum rallied to a final hour intraday high $118.88.<\/p>\n
While closing out the day in the green, Ethereum came up well short of the first major resistance level at $121.83.<\/p>\n
At the time of writing, Ethereum was down by 1.83% to $116.43. A mixed start to the day saw Ethereum rise to an early morning high $120.49 before falling to a low $115.72.<\/p>\n
Ethereum left the major support and resistance levels untested early on.<\/p>\n
Story continues<\/p>\n
Ethereum would need to move back through to $120 levels to support a run at the first major resistance level at $121.50.<\/p>\n
Support from the broader market would be needed, however, for Ethereum to breakout from Wednesdays high $118.88.<\/p>\n
Barring a broad-based rebound, resistance at $120 would likely leave Ethereum short of the first major resistance level.<\/p>\n
Failure to move through to $120 levels could see Ethereum struggle throughout the day.<\/p>\n
A fall back through to sub-$115.90 levels would bring the first major support level at $112.89 into play.<\/p>\n
Barring an extended crypto sell-off, however, Ethereum should steer clear of the second major support level at $107.19.<\/p>\n
Major Support Level: $112.89<\/p>\n
Major Resistance Level: $121.59<\/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 0.49% on Wednesday. Following on from a 4.04% gain on Tuesday, Ripples XRP ended the day at $0.14819.<\/p>\n
Tracking the broader market, Ripples XRP rose to an early morning intraday high $0.15 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $0.1536, Ripples XRP fell to an early afternoon intraday low $0.14035.<\/p>\n
Finding support at the first major support level at $0.1413, Ripples XRP bounced back to wrap up the day in the green.<\/p>\n
At the time of writing, Ripples XRP was down by 1.30% to $0.14627. A mixed start to the day saw Ripples XRP rise to an early morning high $0.14938 before falling to a low $0.14466.<\/p>\n
Ripples XRP left the major support and resistance levels untested early on.<\/p>\n
Ripples XRP will need to move back through the morning high to $0.14938 levels to support a run at the first major resistance level at $0.1520.<\/p>\n
Support from the broader market would be needed, however, for Ripples XRP to break out from the Wednesdays high $0.1500.<\/p>\n
Barring a broad-based crypto rebound, the first major resistance level at S0.1520 would likely limit any upside.<\/p>\n
Failure to move back through the morning high $0.14938 could see Ripples XRP fall deeper into the red.<\/p>\n
A fall back through to sub-$0.1460 levels would bring the first major support level at $0.1424 into play.<\/p>\n
Barring an extended crypto sell-off, however, Ripples XRP should steer clear of sub-$0.14 levels on the day.<\/p>\n
Major Support Level: $0.1424<\/p>\n
Major Resistance Level: $0.1520<\/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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More here:<\/p>\n
EOS, Ethereum and Ripples XRP Daily Tech Analysis 19\/03\/20 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" EOS EOS rose by 1.68% on Wednesday. Following on from a 3.74% gain on Tuesday, EOS ended the day at $2.0086 Continue reading