EOS<\/p>\n
EOS slid by 7.51% on Friday. Partially reversing a 13.71% rally from Thursday, EOS ended the day at $2.2047.<\/p>\n
A bullish start to the day saw EOS rally to a late morning intraday high $2.5258 before hitting reverse.<\/p>\n
EOS broke through the first major resistance level at $2.4650 before tumbling to a late intraday low $1.8900.<\/p>\n
The reversal saw EOS fall through the first major support level at $2.0397 before finding late support.<\/p>\n
At the time of writing, EOS was down by 0.75% to $2.1882. A mixed start to the day saw EOS rise to an early morning high $2.2904 before falling to a low $2.1626.<\/p>\n
EOS left the major support and resistance levels untested early on.<\/p>\n
EOS would need to move through to $2.2070 levels to bring the first major resistance level at $2.5237 into play.<\/p>\n
Support from the broader market would be needed, however, for EOS to break out from the morning high $2.2904.<\/p>\n
Barring another extended rally, resistance at $2.40 levels would likely leave EOS short the first major resistance level at $2.5237.<\/p>\n
Failure to move through to $2.2070 levels could see EOS fall deeper into the red.<\/p>\n
A fall back through to sub-$2.20 levels would bring the first major support level at $1.8879 into play.<\/p>\n
Barring another crypto meltdown, however, EOS should steer well clear of $1.8 support levels.<\/p>\n
Major Support Level: $1.8879<\/p>\n
Major Resistance Level: $2.5237<\/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 fell by 2.47% on Friday. Partially reversing a 15.25% rally from Thursday, Ethereum ended the day at $133.27<\/p>\n
A bullish start to the day saw Ethereum rally to a late morning intraday high $154.00 before hitting reverse.<\/p>\n
Ethereum broke through the first major resistance level at $148.84 before sliding to a late intraday low $115.51.<\/p>\n
Ethereum fell through the first major support level at $120.12 before rebounding to $133 levels.<\/p>\n
At the time of writing, Ethereum was down by 1.88% to $130.76. A mixed start to the day saw Ethereum rise to an early morning high $137.62 before falling to a low $127.81.<\/p>\n
Ethereum left the major support and resistance levels untested early on.<\/p>\n
Ethereum would need to move through to $134 levels to support a run at the first major resistance level at $153.01.<\/p>\n
Story continues<\/p>\n
Support from the broader market would be needed, however, for Ethereum to break back through to $150 levels.<\/p>\n
Barring a broad-based rebound, resistance at $140 would likely leave Ethereum short of the first major resistance level.<\/p>\n
Failure to move through to $134 levels could see Ethereum struggle throughout the day.<\/p>\n
A fall back through to sub-$125 levels would bring the first major support level at $114.52 into play.<\/p>\n
Barring an extended crypto sell-off, however, Ethereum should steer well clear of sub-$100 support levels.<\/p>\n
Major Support Level: $114.52<\/p>\n
Major Resistance Level: $153.01<\/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 slid by 4.89% on Friday. Partially reversing an 11.40% rally from Thursday, Ripples XRP ended the day at $0.15685.<\/p>\n
A bullish start to the day saw Ripples XRP rally to a late morning intraday high $0.1753 before succumbing market forces.<\/p>\n
Falling short of the first major support level at $0.1773, Ripples XRP slid to a late morning intraday low $0.14466.<\/p>\n
Finding support at the first major support level at $0.14488, Ripples XRP recovered to $0.15 levels to limit the loss on the day.<\/p>\n
At the time of writing, Ripples XRP was down by 0.84% to $0.15553. A mixed start to the day saw Ripples XRP rise to an early morning high $0.16172 before falling to a low $0.15397.<\/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 $0.1590 levels to support a run at the first major resistance level at $0.1732.<\/p>\n
Support from the broader market would be needed, however, for Ripples XRP to break out from the morning high $0.16172.<\/p>\n
Barring a broad-based crypto rebound, resistance at $0.16 would likely leave Ripples XRP short of the first major resistance level at S0.1732.<\/p>\n
Failure to move back through to $0.1590 levels could see Ripples XRP fall deeper into the red.<\/p>\n
A fall back through to sub-$0.1540 levels would bring the first major support level at $0.1426 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: $0.1426<\/p>\n
Major Resistance Level: $0.1732<\/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:<\/p>\n
EOS, Ethereum and Ripples XRP Daily Tech Analysis 21\/03\/20 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" EOS EOS slid by 7.51% on Friday. Partially reversing a 13.71% rally from Thursday, EOS ended the day at $2.2047 Continue reading