EOS<\/p>\n
EOS rallied by 5.07% on Monday. Following on from a 2.40% gain from Sunday, EOS ended the day at $2.8549.<\/p>\n
It was a mixed start to the day. EOS rose to a mid-morning high $2.8151 before hitting reverse.<\/p>\n
EOS broke through the first major resistance level at $2.7917 before sliding to a mid-afternoon intraday low $2.6445.<\/p>\n
The reversal saw EOS fall through the first major support level at $2.6634 before making a move.<\/p>\n
Finding support from the broader market, EOS rallied to a late intraday high $2.9351.<\/p>\n
EOS broke through the first major resistance level at $2.7917 and the second major resistance level at $2.8671.<\/p>\n
A final hour pullback saw EOS slide back through the resistance levels before recovering to $2.85 levels.<\/p>\n
At the time of writing, EOS was up by 1.09% to $2.8859. A bullish start to the day saw EOS rise from an early morning low $2.8599 to a high $2.8878.<\/p>\n
EOS left the major support and resistance levels untested early on.<\/p>\n
EOS would need to avoid a fall through the $2.8115 pivot level to support a run at the first major resistance level at $2.9785.<\/p>\n
Support from the broader market would be needed, however, for EOS to break out from Mondays high $2.9351.<\/p>\n
Barring another extended crypto rally, the first major resistance level at $XXX would likely cap any upside.<\/p>\n
Failure to avoid a fall through the $2.8115 pivot would bring the first major support level at $2.6879 into play.<\/p>\n
Barring an extended sell-off, EOS should steer well clear of sub-$2.60 levels. The first major support level at $2.6879 should limit any downside.<\/p>\n
First Major Support Level: $2.6879<\/p>\n
Pivot Level: $2.8115<\/p>\n
First Major Resistance Level: $2.9785<\/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 rallied by 3.47% on Monday. Following on from a 1.90% gain on Sunday, Ethereum ended the day at $322.24.<\/p>\n
A bullish start saw Ethereum rise from an intraday low $311.38 to an early morning high $329.99.<\/p>\n
Ethereum broke through the first major resistance level at $320.74 before hitting reverse.<\/p>\n
Coming up against the second major resistance level at $330.12, Ethereum fell back to $311 levels before finding support.<\/p>\n
Through the afternoon, Ethereum rallied to a late intraday high $334.34 before sliding back to $313 levels.<\/p>\n
Ethereum broke through the first major resistance level at $320.74 and the second major resistance level at $330.12.<\/p>\n
Finding late support, Ethereum broke back through the first major resistance level to deliver the upside on the day.<\/p>\n
At the time of writing, Ethereum was up by 0.85% to $324.97. A bullish start to the day saw Ethereum rise from an early morning low $322.41 to a high $325.91.<\/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 $322.65 pivot to support a run at the first major resistance level at $333.93.<\/p>\n
Support from the broader market would be needed, however, for Ethereum to break back through to $330 levels<\/p>\n
Barring another extended crypto rally, the first major resistance level and Mondays high $334.34 should cap any upside.<\/p>\n
Failure to avoid a fall through the $322.65 pivot would bring the first major support level at $310.97 into play.<\/p>\n
Barring an extended sell-off, however, Ethereum should steer clear of sub-$300 levels. The first major support level at $310.97 should limit any downside.<\/p>\n
First Major Support Level: $310.97<\/p>\n
Pivot Level: $322.65<\/p>\n
First Major Resistance Level: $333.93<\/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 4.33% on Monday. Following on from a 0.28% gain on Sunday, Ripples XRP ended the day at $0.2248.<\/p>\n
It was a bullish start to the day, with Ripples XRP rallying to a mid-day high $0.22348 before hitting reverse.<\/p>\n
Ripples XRP broke through the first major resistance level at $0.2232 before sliding to a mid-afternoon intraday low $0.20919.<\/p>\n
Finding support at the first major support level at $0.2101, Ripples XRP rallied to a late intraday high $0.22979.<\/p>\n
Ripples XRP broke back through the first major resistance level at $0.2232 before sliding back to sub-$0.2230 levels.<\/p>\n
Finding late support, however, Ripples XRP broke back through the first major resistance level to end the day at $0.224 levels.<\/p>\n
At the time of writing, Ripples XRP was up by 0.75% to $0.22648. A bullish start to the day saw Ripples XRP rise from an early morning low $0.22429 to a high $0.22673.<\/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 $0.2213 pivot to support a run at the first major resistance level at $0.2333.<\/p>\n
Support from the broader market would be needed, however, for Ripples XRP to break out from Mondays high $0.22979.<\/p>\n
Barring a broad-based crypto rally, the first major resistance level should cap any upside.<\/p>\n
In the event of a breakout, Ripples XRP should test the second major resistance level at $0.2419 before any pullback.<\/p>\n
Failure to avoid a fall through the $0.2213 pivot would bring the first major support level at $0.2127 into play.<\/p>\n
Barring an extended crypto sell-off, Ripples XRP should avoid sub-$0.21 levels and the second major support level at $0.2007.<\/p>\n
First Major Support Level: $0.2127<\/p>\n
Pivot Level: $0.2213<\/p>\n
First Major Resistance Level: $0.2333<\/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 original post:<\/p>\n
EOS, Ethereum and Ripples XRP Daily Tech Analysis July 28th 2020 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" EOS EOS rallied by 5.07% on Monday. Continue reading