EOS<\/p>\n
EOS fell by 1.59% on Sunday. Reversing a 0.36% gain from Saturday, EOS ended the week down by 8.62% to $2.5691.<\/p>\n
It was a bearish start to the day. EOS fell from an early morning intraday high $2.6105 to an early afternoon intraday low $2.5252.<\/p>\n
EOS fell through the first major support level at $2.5672 and the second major support level at $2.5280.<\/p>\n
Finding support late in the day, EOS broke back through the major support levels to wrap up the week at $2.569 levels.<\/p>\n
At the time of writing, EOS was down by 0.22% to $2.5634. Another bearish start to the day saw EOS fall from an early morning high $2.5703 to a low $2.5615.<\/p>\n
EOS left the major support and resistance levels untested early on.<\/p>\n
EOS would need to move through the $2.57 pivot level to take bring the first major resistance level at $2.6113 into play.<\/p>\n
Support from the broader market would be needed, however, for EOS to break out from Sundays high $2.6105.<\/p>\n
Barring an extended crypto rally, the first major resistance level at $2.6113 would likely limit any upside.<\/p>\n
Failure to move through the $2.5680 pivot could see EOS in the red for a 2nd consecutive day.<\/p>\n
A fall through to sub-$2.55 levels would bring the first major support level at $2.5260 into play.<\/p>\n
Barring another crypto sell-off, however, EOS should steer well clear of the second major support level at $2.4830.<\/p>\n
Major Support Level: $2.5260<\/p>\n
Major Resistance Level: $2.6113<\/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 2.87% on Sunday. Reversing a 0.25% gain from Saturday, Ethereum ended the week down by 5.49% to $231.34.<\/p>\n
A mixed start to the day saw Ethereum rise to an early morning intraday high $238.59 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $239.94, Ethereum slid to a late intraday low $229.75.<\/p>\n
The reversal saw Ethereum fall through the first major support level at $235.25 and the second major support level at $232.34.<\/p>\n
Finding late support, Ethereum moved back through to $231 levels to reduce the deficit on the day.<\/p>\n
At the time of writing, Ethereum was down by 0.51% to $230.15. A bearish start to the day saw Ethereum fall from an early morning high $231.34 to a low $229.95.<\/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 $233.20 levels to support a run at the first major resistance level at $236.70.<\/p>\n
Support from the broader market would be needed, however, for Ethereum to break out from $235 levels.<\/p>\n
Barring an extended crypto rally, the first major resistance level and Sundays high $238.59 should cap any upside.<\/p>\n
Failure to move through the $233.20 pivot could see Ethereum take a hit on the day.<\/p>\n
A fall back through to sub-$230 would bring the first major support level at $227.86 into play.<\/p>\n
Barring an extended crypto sell-off, however, Ethereum should steer clear of the second major support level at $224.39.<\/p>\n
Major Support Level: $227.86<\/p>\n
Major Resistance Level: $236.70<\/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 1.07% on Sunday. Following on from a 0.30% decline on Saturday, Ripples XRP ended the week down by 6.41% to $0.19040.<\/p>\n
It was a bearish start to the day. Ripples XRP slid from an early morning intraday high $0.19263 to a late intraday low $0.18875.<\/p>\n
Ripples XRP fell through the first major support level at $0.1909 and the second major support level at $0.1894.<\/p>\n
Finding late support, Ripples XRP briefly revisited $0.191 levels before falling back through the first major support level.<\/p>\n
At the time of writing, Ripples XRP was down by 0.13% to $0.19015. A bearish start to the day saw Ripples XRP fall from an early morning high $0.19041 to a low $0.18988.<\/p>\n
Ripples XRP left the major support and resistance levels untested early on.<\/p>\n
Ripples XRP will need to move through to $0.1910 levels to support a run at the first major resistance level at $0.1924.<\/p>\n
Support from the broader market would be needed, however, for Ripples XRP to break out from the morning high $0.19041.<\/p>\n
Barring a broad-based crypto rally, the first major resistance level and Sundays high $0.19263 would likely cap any upside.<\/p>\n
Failure to move through the $0.1910 pivot could see Ripples XRP spend a 3rd day in the red.<\/p>\n
A fall back through the morning low $0.18988 would bring the first major support level at $0.1886 into play.<\/p>\n
In the event of extended crypto sell-off, the second major support level at $0.1867 would likely come into play.<\/p>\n
Major Support Level: $0.1886<\/p>\n
Major Resistance Level: $0.1924<\/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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Read more:<\/p>\n
EOS, Ethereum and Ripples XRP Daily Tech Analysis June 15th, 2020 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" EOS EOS fell by 1.59% on Sunday. Reversing a 0.36% gain from Saturday, EOS ended the week down by 8.62% to $2.5691. It was a bearish start to the day Continue reading