EOS<\/p>\n
EOS fell by 2.14% on Tuesday. Partially reversing Mondays 8.56% rally, EOS ended the day at $2.5605.<\/p>\n
A bullish start to the day saw EOS rise to an early morning intraday high $2.6308 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $2.7031, EOS slid to a late morning intraday low $2.5264.<\/p>\n
Steering clear of the first major support level at $2.4665, EOS recovered to $2.57 levels late in the day before easing back.<\/p>\n
At the time of writing, EOS was up by 0.20% to $2.5655. A bullish start to the day saw EOS rise from an early morning low $2.5629 to a high $2.5681.<\/p>\n
EOS left the major support and resistance levels untested early on.<\/p>\n
EOS would need to move through the $2.5730 pivot level to support a run at the first major resistance level at $2.6187.<\/p>\n
Support from the broader market would be needed, however, for EOS to break back through to $2.60 levels.<\/p>\n
Barring another extended crypto rally, the first major resistance level at $2.6187 would likely cap any upside.<\/p>\n
Failure to move through the $2.5730 pivot would bring the first major support level at $2.5143 into play.<\/p>\n
Barring another extended sell-off, EOS should steer clear of the second major support level at $2.4682.<\/p>\n
Major Support Level: $2.5143<\/p>\n
Major Resistance Level: $2.6187<\/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 0.97% on Tuesday. Partially reversing a 6.16% rally from Monday, Ethereum ended the day at $239.37.<\/p>\n
A mixed start to the day saw Ethereum rise to an early morning intraday high $243.82 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $246.73, Ethereum slid to a late morning intraday low $234.55.<\/p>\n
Steering clear of the first major support level at $231.82, Ethereum recovered to $240 levels before easing back to $236 levels.<\/p>\n
Finding late support, Ethereum wrapped up the day at $239 levels to limit the loss on the day.<\/p>\n
At the time of writing, Ethereum was down by 0.07% to $239.20. A mixed start to the day saw Ethereum rise to an early morning high $239.68 before falling to a low $239.19.<\/p>\n
Ethereum left the major support and resistance levels untested early on.<\/p>\n
Ethereum would need to move through the $239.3 pivot to support a run at the first major resistance level at $243.94.<\/p>\n
Story continues<\/p>\n
Support from the broader market would be needed, however, for Ethereum to break out Tuesdays high $243.82.<\/p>\n
Barring an extended crypto rally, the first major resistance level and Tuesdays high should cap any upside.<\/p>\n
Failure to move through the $239.30 pivot would bring the first major support level at $234.67 into play.<\/p>\n
Barring another extended sell-off, Ethereum should continue to steer clear of sub-$230 levels. The second major support level sits at $229.98.<\/p>\n
Major Support Level: $234.67<\/p>\n
Major Resistance Level: $243.94<\/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 1.93% on Tuesday. Partially reversing a 6.66% rally from Monday, Ripples XRP ended the day at $0.18543<\/p>\n
Tracking the broader market, Ripples XRP rose to an early morning intraday high $0.18999 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $0.1934, Ripples XRP slid to a late intraday low $0.18320.<\/p>\n
Steering clear of the first major support level at $0.1806, Ripples XRP recovered to $0.1850 levels to limit the downside.<\/p>\n
At the time of writing, Ripples XRP was down by 0.26% to $0.18495. A bearish start to the day saw Ripples XRP fall from an early morning high $0.18539 to a low $0.18495.<\/p>\n
Ripples XRP left the major support and resistance levels untested early on.<\/p>\n
Ripples XRP will need to move through the $0.1862 pivot to support a run at the first major resistance level at $0.1892.<\/p>\n
Support from the broader market would be needed, however, for Ripples XRP to break out from $0.1850 levels.<\/p>\n
Barring a broad-based crypto rally, the first major resistance level and Tuesdays high $0.18999 would likely limit any upside.<\/p>\n
In the event of a breakout, Ripples XRP should test the second major resistance level at $0.1930 before any pullback.<\/p>\n
Failure to move through the $0.1862 pivot would bring the first major support level at $0.1824 into play.<\/p>\n
Barring another extended crypto sell-off, Ripples XRP should avoid sub-$0.1800 levels. The second major support level sits at $0.1794.<\/p>\n
Major Support Level: $0.1824<\/p>\n
Major Resistance Level: $0.1892<\/p>\n
23.6% FIB Retracement Level: $0.3638<\/p>\n
38.2% FIB Retracement Level: $0.4800<\/p>\n
62% FIB Retracement Level: $0.667<\/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 July 8th, 2020 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" EOS EOS fell by 2.14% on Tuesday. Partially reversing Mondays 8.56% rally, EOS ended the day at $2.5605. A bullish start to the day saw EOS rise to an early morning intraday high $2.6308 before hitting reverse Continue reading