EOS<\/p>\n
EOS fell by 1.15% on Thursday. Partially reversing Wednesdays 4.80% rally, EOS ended the day at $2.6523.<\/p>\n
It was a mixed start to the day. EOS fell to an early morning low $2.63 before rising to a mid-morning intraday high $2.7296.<\/p>\n
Falling short of the first major resistance level at $2.7474 EOS fell to an early evening intraday low $2.5833.<\/p>\n
Finding support at the first major support level at $2.5855, EOS recovered to $2.65 levels to limit the downside.<\/p>\n
At the time of writing, EOS was down by 0.28% to $2.6450. A bearish start to the day saw EOS fall from a Thursday $2.6523 to an early low $2.6450.<\/p>\n
EOS left the major support and resistance levels untested early on.<\/p>\n
EOS would need to move through the $2.6550 pivot level to support a run at the first major resistance level at $2.7268.<\/p>\n
Support from the broader market would be needed, however, for EOS to break back through to $2.70 levels.<\/p>\n
Barring an extended crypto rally, the first major resistance level and Thursdays high $2.7296 would likely cap any upside.<\/p>\n
Failure to move through the $2.6550 pivot would bring the first major support level at $2.5805 into play.<\/p>\n
Barring another extended sell-off, EOS should steer clear of sub-$2.50 levels. The second major support level at $2.5088 should limit any downside.<\/p>\n
Major Support Level: $2.5805<\/p>\n
Major Resistance Level: $2.7268<\/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 2.07% on Thursday. Partially reversing a 3.25% gain from Wednesday, Ethereum ended the day at $242.00.<\/p>\n
It was also a mixed start to the day. Ethereum fall to an early morning low $243.10 before striking a mid-day intraday high $247.67.<\/p>\n
Falling well short of the first major resistance level at $251.46, Ethereum slid to a mid-afternoon intraday low $237.04.<\/p>\n
Ethereum fell through the first major support level at $240.37 before recovering to $242 levels.<\/p>\n
At the time of writing, Ethereum was down by 0.47% to $240.87. A bearish start to the day saw Ethereum fall from an early morning high $242.12 to a low $240.72.<\/p>\n
Ethereum left the major support and resistance levels untested early on.<\/p>\n
Ethereum would need to move through the $242.24 pivot to support a run at the first major resistance level at $247.43.<\/p>\n
Story continues<\/p>\n
Support from the broader market would be needed, however, for Ethereum to break back through to $247 levels.<\/p>\n
Barring another extended crypto rally, the first major resistance level and Thursdays high $247.67 should cap any upside.<\/p>\n
Failure to move through the $242.24 pivot would bring the first major support level at $236.80 into play.<\/p>\n
Barring another extended sell-off, Ethereum should continue to steer clear of sub-$230 levels. The second major support level at $231.61 should limit any downside.<\/p>\n
Major Support Level: $236.80<\/p>\n
Major Resistance Level: $247.43<\/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 1.13% on Thursday. Partially reversing Wednesdays 10.98% breakout, Ripples XRP ended the day at $0.20276.<\/p>\n
A bearish start saw Ripples XRP fall to an early morning low $0.19785 before making a move.<\/p>\n
Steering clear of the first major support level at $0.1910, Ripples XRP rallied to a mid-day intraday high $0.21199.<\/p>\n
Falling short of the first major resistance level at $0.2138, Ripples XRP slid to a late afternoon intraday low $0.19718.<\/p>\n
Steering clear of the first major support level, Ripples XRP recovered to $0.2020 levels to limit the downside.<\/p>\n
At the time of writing, Ripples XRP was down by 0.66% to $0.20143. A bearish start to the day saw Ripples XRP fall from an early morning high $0.20286 to a low $0.20142.<\/p>\n
Ripples XRP left the major support and resistance levels untested early on.<\/p>\n
Ripples XRP will need to move through the $0.2040 pivot to support a run at the first major resistance level at $0.2108.<\/p>\n
Support from the broader market would be needed, however, for Ripples XRP to break back through to $0.21 levels.<\/p>\n
Barring a broad-based crypto rally, the first major resistance level and Thursdays high $0.21199 should cap any upside.<\/p>\n
In the event of a breakout, Ripples XRP should test the second major resistance level at $0.2188 before any pullback.<\/p>\n
Failure to move through the $0.2040 pivot would bring the first major support level at $0.1960 into play.<\/p>\n
Barring another extended crypto sell-off, however, Ripples XRP should avoid sub-$0.1900 levels. The second major support level sits at $0.1892.<\/p>\n
Major Support Level: $0.1960<\/p>\n
Major Resistance Level: $0.2108<\/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
<\/p>\n
See the rest here:<\/p>\n
EOS, Ethereum and Ripples XRP Daily Tech Analysis July 10th, 2020 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" EOS EOS fell by 1.15% on Thursday. Continue reading