EOS<\/p>\n
EOS fell 1.20% on Sunday. Partially reversing a 1.89% gain from Saturday, EOS ended the week up by 2.95% to $3.0277.<\/p>\n
A bullish start to the day saw EOS rise to an early morning intraday $3.0821 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $3.1117, EOS slid to an early afternoon intraday low $2.9318.<\/p>\n
EOS fell through the first major support level at $2.9968 before finding support.<\/p>\n
A late recovery saw EOS move back through first major support level to wrap up the day at $3.00 levels<\/p>\n
At the time of writing, EOS was up by 0.46% to $3.0416. A bullish start to the day saw EOS rise from an early morning low $3.0284 to a high $3.0450.<\/p>\n
EOS left the major support and resistance levels untested early on.<\/p>\n
EOS would need to avoid a fall through the $3.0139 pivot level to support a run at the first major resistance level at $3.0959.<\/p>\n
Support from the broader market would be needed, however, for EOS to break out from Saturdays high $3.0821.<\/p>\n
Barring an extended crypto rally, however, the major first resistance level at $3.0959 would likely cap any upside.<\/p>\n
A fall through the $3.0139 pivot would bring the first major support level at $2.9456 into play.<\/p>\n
Barring an extended sell-off, however, EOS should steer clear of the second major support level at $2.8636.<\/p>\n
First Major Support Level: $2.9456<\/p>\n
Pivot Level: $3.0139<\/p>\n
First Major Resistance Level: $3.0959<\/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 1.78% on Sunday. Partially reversing a 4.67% rally from Saturday, Ethereum ended the week up by 4.90% to $390.41.<\/p>\n
A bullish start to the day saw Ethereum rise to an early morning intraday high $401.00 before seeing red.<\/p>\n
Falling short of the first major resistance level at $406.32, Ethereum fell to an early afternoon intraday low $384.02.<\/p>\n
Steering clear of the first major support level at $382.44, Ethereum recovered to $390 levels to limit the downside.<\/p>\n
At the time of writing, Ethereum was up by 0.58% to $392.68. A bullish start to the day saw Ethereum rise from an early morning low $390.41 to a high $393.42.<\/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 $391.81 pivot to support a run at the first major resistance level at $399.60.<\/p>\n
Support from the broader market would be needed, however, for Ethereum to break back through to $399 levels.<\/p>\n
Barring an extended crypto rally, the first major resistance level and resistance at $400 should cap any upside.<\/p>\n
A fall through the $391.81 pivot would bring the first major support level at $382.62 into play.<\/p>\n
Barring another extended sell-off, however, Ethereum should steer clear of the second major support level at $374.83.<\/p>\n
First Major Support Level: $382.62<\/p>\n
Pivot Level: $391.81<\/p>\n
First Major Resistance Level: $399.60<\/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 2.56% on Sunday. Reversing a 0.40% gain from Saturday, Ripples XRP ended the week down by 0.04% to $0.28781.<\/p>\n
Tracking the broader market, Ripples XRP rose to an early morning intraday high $0.29582 before hitting reverse.<\/p>\n
Falling short of the first major resistance level at $0.2994, Ripples XRP slid to a mid-afternoon intraday low $0.28207.<\/p>\n
Ripples XRP fell through the first major support level at $0.2907 and the second major support level at $0.2860.<\/p>\n
Finding late support, Ripples XRP briefly revisited $0.29 levels before easing back into the deep red.<\/p>\n
The first major resistance level at $0.2907 pinned Ripples XRP back late in the day.<\/p>\n
At the time of writing, Ripples XRP was up by 0.46% to $0.28914. A bullish start to the day saw Ripples XRP rise from an early morning low $0.28821 to a high $0.28992.<\/p>\n
Ripples XRP left the major support and resistance levels untested early on.<\/p>\n
Ripples XRP will need to move through the $0.2895 pivot to support a run at the first major resistance level at $0.2969.<\/p>\n
Support from the broader market would be needed, however, for Ripples XRP to break back through to $0.29 levels.<\/p>\n
Barring a broad-based crypto rally, the first major resistance level and Saturdays high $0.29852 should cap any upside.<\/p>\n
In the event of a breakout, the second major resistance level at $0.3059 could come into play.<\/p>\n
Failure to move through the $0.2895 pivot would bring the first major support level at $0.2804 into play.<\/p>\n
Barring another extended crypto sell-off, Ripples XRP should avoid the second major support level at $0.2730.<\/p>\n
First Major Support Level: $0.2804<\/p>\n
Pivot Level: $0.2895<\/p>\n
First Major Resistance Level: $0.2969<\/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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Go here to read the rest: <\/p>\n
EOS, Ethereum and Ripples XRP Daily Tech Analysis August 10th, 2020 - Yahoo Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" EOS EOS fell 1.20% on Sunday. Partially reversing a 1.89% gain from Saturday, EOS ended the week up by 2.95% to $3.0277. Continue reading