EOS<\/p>\n
EOS slipped by 0.04% on Saturday. Following on from a 0.19% loss from Friday, EOS ended the day at $2.5054.<\/p>\n
It was a bearish start to the day. EOS fell to an early morning intraday low $2.4862 before finding support.<\/p>\n
Steering clear of the first major support level at $2.4761, EOS struck a late morning intraday high $2.5213 before easing back.<\/p>\n
Falling short of the first major resistance level at $2.5227, EOS fell back to end the day at sub-$2.51 levels.<\/p>\n
At the time of writing, EOS was up by 0.19% to $2.5101. A bullish start to the day saw EOS rise from an early morning low $2.5075 to a high $2.5101.<\/p>\n
EOS left the major support and resistance levels untested early on.<\/p>\n
EOS would need to avoid a fall through the $2.5043 pivot level to support a run at the first major resistance level at $2.5224.<\/p>\n
Support from the broader market would be needed, however, for EOS to break out from Saturdays high $2.5213.<\/p>\n
Barring an extended crypto rally, the first major resistance level and Saturdays high $2.5213 would likely cap any upside.<\/p>\n
Failure to avoid a fall through the $2.5043 pivot would bring the first major support level at $2.4873 into play.<\/p>\n
Barring an extended sell-off, EOS should steer clear of sub-$2.45 levels. The second major support level at $2.4692 should limit the downside.<\/p>\n
First Major Support Level: $2.4873<\/p>\n
Pivot Level: $2.5043<\/p>\n
First Major Resistance Level: $2.5224<\/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 rose by 1.33% on Saturday. Reversing a 0.33% decline from Friday, Ethereum ended the day at $235.79.<\/p>\n
It was another mixed start to the day. Ethereum fell to an early morning intraday low $232.34 before making a move.<\/p>\n
Steering clear of the first major support level at $230.86, Ethereum rallied to a late intraday high $236.97.<\/p>\n
Ethereum broke through the first major resistance level at $234.54 and the second major resistance level at $236.39.<\/p>\n
A pullback late in the day saw Ethereum fall back through the second major resistance level to sub-$236 levels.<\/p>\n
At the time of writing, Ethereum was up by 0.17% to $236.18. A mixed start to the day saw Ethereum fall to an early morning low $235.66 before rising to a high $236.18.<\/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 $235 pivot to support a run at the first major resistance level at $237.76.<\/p>\n
Support from the broader market would be needed, however, for Ethereum to break out from Saturdays high $236.97.<\/p>\n
Barring an extended crypto rally, the first major resistance level should cap any upside.<\/p>\n
Failure to avoid a fall through the $235 pivot would bring the first major support level at $233.03 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 $230.27 should limit any downside.<\/p>\n
First Major Support Level: $233.03<\/p>\n
Pivot Level: $235.00<\/p>\n
First Major Resistance Level: $237.76<\/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 rallied by 2.94% on Saturday. Following a 0.03% loss on Friday, Ripples XRP ended the day at $0.20019.<\/p>\n
It was a relatively bearish start to the day. Ripples XRP fell to an early morning intraday low $0.19413 before making a move.<\/p>\n
Steering clear of the first major support level at $0.1913, Ripples XRP struck a late afternoon intraday high $0.20232.<\/p>\n
Ripples XRP broke through the first major resistance level at $0.1982 and the second major resistance level at $0.2018.<\/p>\n
A late pullback saw Ripples XRP fall back to $0.19960 levels before wrapping up the day at $0.20 levels.<\/p>\n
At the time of writing, Ripples XRP was up by 0.63% to $0.20145. A mixed start to the day saw Ripples XRP fall to an early morning low $0.19988 before striking a high $0.20150.<\/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 $0.1989 pivot to support a run at the first major resistance level at $0.2036.<\/p>\n
Support from the broader market would be needed, however, for Ripples XRP to break out from Saturdays high $0.20232.<\/p>\n
Barring a broad-based crypto rally, the first major resistance level and Saturdays high should cap any upside.<\/p>\n
In the event of a breakout, Ripples XRP should test the second major resistance level at $0.2070 before any pullback. Resistance at $0.21 would likely cap any upside, however.<\/p>\n
Failure to avoid a fall through the $0.1989 pivot would bring the first major support level at $0.1954 into play.<\/p>\n
Barring an extended crypto sell-off, Ripples XRP should avoid sub-$0.19 levels. The second major support level at $0.1907 should limit any downside.<\/p>\n
First Major Support Level: $0.1954<\/p>\n
Pivot Level: $0.1989<\/p>\n
First Major Resistance Level: $0.2036<\/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
Read more here:<\/p>\n
EOS, Ethereum and Ripples XRP Daily Tech Analysis July 19th, 2020 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" EOS EOS slipped by 0.04% on Saturday. Following on from a 0.19% loss from Friday, EOS ended the day at $2.5054. Continue reading