EOS<\/p>\n
EOS fell by 0.83% on Monday. Partially reversing a 3.17% rally from Sunday, EOS ended the day at $2.5685.<\/p>\n
It was a choppy start to the day. EOS rose to a late morning intraday high $2.6196 before hitting reverse.<\/p>\n
Falling well short of the first major resistance level at $2.6431, EOS fell back to sub-$2.57 levels before finding support.<\/p>\n
EOS briefly revisited $2.60 levels again before sliding to a late intraday low $2.5402. Steering clear of the first major support level at $2.5013, EOS recovered to $2.56 levels to limit the downside.<\/p>\n
At the time of writing, EOS was down by 0.26% to $2.5618. A bearish start to the day saw EOS fall from an early morning high $2.5675 to a low $2.5618.<\/p>\n
EOS left the major support and resistance levels untested early on.<\/p>\n
EOS would need to move through the $2.5761 pivot level to support a run at the first major resistance level at $2.6120.<\/p>\n
Support from the broader market would be needed, however, for EOS to break back through to $2.61 levels.<\/p>\n
Barring an extended crypto rally, the first major resistance level and Mondays high $2.6196 would likely cap any upside.<\/p>\n
Failure to move through the $2.5761 pivot would bring the first major support level at $2.5326 into play.<\/p>\n
Barring another extended sell-off, EOS should continue to steer clear of sub-$2.45 levels. The second major support level at $2.4967 should limit the downside.<\/p>\n
First Major Support Level: $2.5326<\/p>\n
Pivot Level: $2.5761<\/p>\n
First Major Resistance Level: $2.6120<\/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 1.32% on Monday. Partially reversing a 1.44% decline from Sunday, Ethereum ended the day at $236.1.<\/p>\n
It was also a choppy start to the day. Ethereum rose to an early morning intraday high $239.8 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $241.69, Ethereum slid to a late intraday low $233.85.<\/p>\n
Ethereum fell through the first major support level at $234.97 before moving back through to $236 levels.<\/p>\n
At the time of writing, Ethereum was up by 0.11% to $236.35. A mixed start to the day saw Ethereum fall to an early morning low $235.77 before striking a high $236.46.<\/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 the $236.6 pivot to support a run at the first major resistance level at $239.32.<\/p>\n
Support from the broader market would be needed, however, for Ethereum to break back through to $239 levels.<\/p>\n
Barring an extended crypto rally, the first major resistance level and Mondays high $239.8 should cap any upside.<\/p>\n
Failure to move through the $236.6 pivot would bring the first major support level at $233.37 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 $230.63 should limit any downside.<\/p>\n
First Major Support Level: $233.37<\/p>\n
Pivot Level: $236.60<\/p>\n
First Major Resistance Level: $239.32<\/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 2.45% on Monday. Reversing a 0.20% decline from Sunday, Ripples XRP ended the day at $0.19502.<\/p>\n
Tracking the broader market, Ripples XRP rose to an early morning intraday $0.20068 before hitting reverse.<\/p>\n
Ripples XRP fell through the first major support level at $0.1965 and the second major support level at $0.1932.<\/p>\n
Finding late support, Ripples XRP moved back through the second major support level to cut the deficit on the day.<\/p>\n
At the time of writing, Ripples XRP was down by 0.04% to $0.19494. A relatively bearish start to the day saw Ripples XRP fall from an early morning high $0.19497 to a low $0.19429.<\/p>\n
Ripples XRP left the major support and resistance levels untested early on.<\/p>\n
Ripples XRP will need to move through the $0.1960 pivot to support a run at the first major resistance level at $0.1997.<\/p>\n
Support from the broader market would be needed, however, for Ripples XRP to break back through to $0.199 levels.<\/p>\n
Barring a broad-based crypto rally, the first major resistance level and Mondays high $0.20068 should cap any upside.<\/p>\n
In the event of a breakout, Ripples XRP should test the second major resistance level at $0.2044 before any pullback.<\/p>\n
Failure to move through the $0.1960 pivot would bring the first major support level at $0.1913 into play.<\/p>\n
Barring another extended crypto sell-off, Ripples XRP should avoid the second major support level at $0.1875.<\/p>\n
First Major Support Level: $0.1913<\/p>\n
Pivot Level: $0.1960<\/p>\n
First Major Resistance Level: $0.1997<\/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 from the original source: <\/p>\n
EOS, Ethereum and Ripples XRP Daily Tech Analysis July 21st, 2020 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" EOS EOS fell by 0.83% on Monday. Partially reversing a 3.17% rally from Sunday, EOS ended the day at $2.5685 Continue reading