EOS<\/p>\n
EOS fell by 0.19% on Friday. Following on from a 1.18% decline on Thursday, EOS ended the day at $.24991.<\/p>\n
It was another mixed start to the day. EOS rose to an early morning high $2.5155 before hitting reverse.<\/p>\n
Coming up short of the major resistance levels, EOS fell to a mid-morning intraday low $2.4767.<\/p>\n
Steering clear of the first major support level at $2.4382, EOS struck a mid-day intraday high $2.5233 before easing back.<\/p>\n
Falling short of the first major resistance level at $2.5641, EOS fell back to sub-$2.50 levels and into the red.<\/p>\n
Finding support late in the day, EOS briefly moved back through to $2.50 levels before easing back.<\/p>\n
At the time of writing, EOS was up by 0.18% to $2.5036. A bullish start to the day saw EOS rise from an early morning low $2.5036 to a high $2.5063.<\/p>\n
EOS left the major support and resistance levels untested early on.<\/p>\n
EOS would need to move through the $2.5000 pivot level to support a run at the first major resistance level at $2.5227.<\/p>\n
Support from the broader market would be needed, however, for EOS to break back through to $2.52 levels.<\/p>\n
Barring an extended crypto rally, the first major resistance level and Fridays high $2.5233 would likely cap any upside.<\/p>\n
Failure to move through the $2.5000 pivot would bring the first major support level at $2.4761 into play.<\/p>\n
Barring another extended sell-off, EOS should steer clear of sub-$2.40 levels. The third major support level at $2.4065 should limit the downside.<\/p>\n
First Major Support Level: $2.4761<\/p>\n
Pivot Level: $2.5000<\/p>\n
First Major Resistance Level: $2.5227<\/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 0.33% on Friday. Following on from a 2.07% slide on Thursday, Ethereum ended the day at $232.7.<\/p>\n
It was also another mixed start to the day. Ethereum rose to an early morning high $234.33 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $238.46, Ethereum slid to a mid-morning intraday low $230.87.<\/p>\n
Steering clear of the first major support level at $229.07, Ethereum moved back through to $233 levels before easing back.<\/p>\n
At the time of writing, Ethereum was up by 0.16% to $233.07. A mixed start to the day saw Ethereum fall to an early morning low $232.49 before rising to a high $233.26.<\/p>\n
Ethereum left the major support and resistance levels untested early on.<\/p>\n
Story continues<\/p>\n
Ethereum would need to avoid a fall through the $232.71 pivot to support a run at the first major resistance level at $234.54.<\/p>\n
Support from the broader market would be needed, however, for Ethereum to break back through to $234 levels.<\/p>\n
Barring an extended crypto rally, the first major resistance level and Fridays high $234.55 should cap any upside.<\/p>\n
Failure to avoid a fall through the $232.71 pivot would bring the first major support level at $230.86 into play.<\/p>\n
Barring another extended sell-off, Ethereum should continue to steer clear of sub-$225 levels. The second major support level at $229.03 would come into play in the event of a pullback, however.<\/p>\n
First Major Support Level: $230.86<\/p>\n
Pivot Level: $232.71<\/p>\n
First Major Resistance Level: $234.54<\/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 0.03% on Friday. Following on from a 1.58% slide on Thursday, Ripples XRP ended the day at $0.19464.<\/p>\n
A bearish start to the day saw Ripples XRP fall to a mid-morning intraday low $0.19153 before making a move.<\/p>\n
Steering clear of the first major support level at $0.1894, Ripples XRP struck a mid-day intraday high $0.19842.<\/p>\n
Falling short of the first major resistance level at $0.19785, Ripples XRP fell back to sub-$0.1930 levels before finding support.<\/p>\n
A late move back through to $0.1940 levels reversed the heavier losses from the day.<\/p>\n
At the time of writing, Ripples XRP was up by 0.13% to $0.19490. A mixed start to the day saw Ripples XRP fall to an early morning low $0.19434 before rising to a high $0.19490.<\/p>\n
Ripples XRP left the major support and resistance levels untested early on.<\/p>\n
Ripples XRP will need to avoid a fall back through the $0.1949 pivot to support a run at the first major resistance level at $0.1982.<\/p>\n
Support from the broader market would be needed, however, for Ripples XRP to break back through to $0.1980 levels.<\/p>\n
Barring a broad-based crypto rally, the first major resistance level and Fridays high $0.19842 should cap any upside.<\/p>\n
In the event of a breakout, Ripples XRP should test resistance at $0.20 before any pullback. The second major resistance level sits at $0.2018.<\/p>\n
Failure to avoid a fall back through the $0.1949 pivot would bring the first major support level at $0.1913 into play.<\/p>\n
Barring an extended crypto sell-off, Ripples XRP should avoid sub-$0.1850 levels. The second major support level at $0.1880 should limit any downside.<\/p>\n
First Major Support Level: $0.1913<\/p>\n
Pivot Level: $0.1949<\/p>\n
First Major Resistance Level: $0.1982<\/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
Go here to see the original: <\/p>\n
EOS, Ethereum and Ripples XRP Daily Tech Analysis July 18th, 2020 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" EOS EOS fell by 0.19% on Friday. Following on from a 1.18% decline on Thursday, EOS ended the day at $.24991. It was another mixed start to the day Continue reading