EOS<\/p>\n
EOS fell by 1.18% on Thursday. Following on from a 0.63% decline on Wednesday, EOS ended the day at $2.5045.<\/p>\n
It was a mixed start to the day. EOS rose to an early morning intraday high $2.5573 before hitting reverse.<\/p>\n
Coming up short of the first major resistance level at $2.5705, EOS slid to a late morning intraday low $2.4314.<\/p>\n
EOS fell through the first major support level at $2.5125 and the second major support level at $2.4818.<\/p>\n
Finding support late in the day, EOS moved back through the second major support level to limit the daily loss.<\/p>\n
At the time of writing, EOS was down by 0.09% to $2.5022. A mixed start to the day saw EOS fall from an early morning high $2.5039 to a low $2.5006.<\/p>\n
EOS left the major support and resistance levels untested early on.<\/p>\n
EOS would need to avoid a fall through the $2.4977 pivot level to support a run at the first major resistance level at $2.5641.<\/p>\n
Support from the broader market would be needed, however, for EOS to break out from Thursdays high $2.5573.<\/p>\n
Barring an extended crypto rally, the first major resistance level would likely cap any upside.<\/p>\n
Failure to avoid a fall through the $2.4977 pivot would bring the first major support level at $2.4382 into play.<\/p>\n
Barring another extended sell-off, EOS should steer clear of sub-$2.40 levels. The second major support level sits at $2.3718.<\/p>\n
Major Support Level: $2.4382<\/p>\n
Pivot Level: $2.4977<\/p>\n
Major Resistance Level: $2.5641<\/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 slid by 2.07% on Thursday. Following on from a 0.86% fall on Wednesday, Ethereum ended the day at $233.41.<\/p>\n
It was a mixed start to the day. Ethereum rose to an early morning intraday high $239.16 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $241.06, Ethereum slid to a late morning intraday low $229.77.<\/p>\n
Ethereum fell through the first major support level at $235.98 and the second major support level at $233.63.<\/p>\n
Finding support late in the day, Ethereum briefly revisited $234 levels before easing back.<\/p>\n
At the time of writing, Ethereum was up by 0.03% to $233.48. A bullish start to the day saw Ethereum rise from an early morning low $233.46 to a high $233.87.<\/p>\n
Ethereum left the major support and resistance levels untested early on.<\/p>\n
Story continues<\/p>\n
Ethereum would need to move the $234.11 pivot to support a run at the first major resistance level at $238.46.<\/p>\n
Support from the broader market would be needed, however, for Ethereum to break back through to $235 levels.<\/p>\n
Barring an extended crypto rally, the first major resistance level and Thursdays high $239.16 should cap any upside.<\/p>\n
Failure to move through the $234.11 pivot would bring the first major support level at $229.07 into play.<\/p>\n
Barring another extended sell-off, Ethereum should continue to steer clear of sub-$220 levels. The second major support level at $224.72 should limit any downside.<\/p>\n
Major Support Level: $229.07<\/p>\n
Pivot Level: $234.11<\/p>\n
Major Resistance Level: $238.46<\/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 1.58% on Thursday. Following on from a 0.92% drop on Wednesday, Ripples XRP ended the day at $0.19436.<\/p>\n
A mixed start to the day saw Ripples XRP rise to an early morning intraday high $0.19772 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $0.1978, Ripples XRP slid to a late morning intraday low $0.18857.<\/p>\n
Ripples XRP fell through the days major support levels before finding support late in the day. A recovery to $0.1930 levels saw Ripples XRP break back through the third major support level at $0.1908. The second major support level at $0.1944 pinned Ripples XRP back.<\/p>\n
At the time of writing, Ripples XRP was up by 0.01% to $0.19437. A mixed start to the day saw Ripples XRP rise to an early morning high $0.19478 before falling to a low $0.19437.<\/p>\n
Ripples XRP left the major support and resistance levels untested early on.<\/p>\n
Ripples XRP will need to avoid a fall through the $0.1936 pivot to support a run at the first major resistance level at $0.1985.<\/p>\n
Support from the broader market would be needed, however, for Ripples XRP to break out from Thursdays high $0.19772.<\/p>\n
Barring a broad-based crypto rally, the first major resistance level and Thursdays high 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 $0.2027.<\/p>\n
Failure to avoid a fall through the $0.1936 pivot would bring the first major support level at $0.1894 into play.<\/p>\n
Barring another extended crypto sell-off, Ripples XRP should avoid sub-$0.18 levels. The second major support level at $0.1844 should limit any downside.<\/p>\n
Major Support Level: $0.1894<\/p>\n
Pivot Level: $0.1936<\/p>\n
Major Resistance Level: $0.1985<\/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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Continued here: <\/p>\n
EOS, Ethereum and Ripples XRP Daily Tech Analysis July 17th, 2020 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" EOS EOS fell by 1.18% on Thursday. Following on from a 0.63% decline on Wednesday, EOS ended the day at $2.5045. Continue reading