EOS, Stellars Lumen, and Trons TRX – Every day Evaluation – Aug 23, 2021 – Yahoo Finance

Advertisements

EOS

EOS rose 1.12% on Sunday. EOS partially reversed a 1.94% loss on Saturday and ended the week down 4.95% to $ 5.4169.

A mixed start to the day resulted in EOS rising to a late morning intraday high of $ 5.5473 before reversing.

EOS missed the first major resistance level at $ 5.5783 and slid to an afternoon intraday low of $ 5.2151.

However, to bypass the first major support level at $ 5.2064, EOS rebounded and ended the day at $ 5.41.

At the time of writing, EOS is down 0.39% to $ 5.3960. After a mixed start to the day, EOS rose to an early morning high of $ 5.4439 before falling to a low of $ 5.3690.

EOS left key support and resistance levels untested early on.

For the coming day

EOS would have to avoid relapsing the $ 5.3931 pivot to bring into play the first major resistance level at $ 5.5711.

Breaking out of the $ 5.50 level would require support from the broader market.

Aside from an extended crypto rally, the first major resistance level would likely limit any uptrend.

In the event of a longer rally, EOS could test resistance at $ 5.80 before pulling back. The second major resistance level is at $ 5.7253.

A relapse from the $ 5.3931 pivot would bring the first major support level into play at $ 5.2389.

Aside from a lengthy sell-off, however, EOS should stay away from under $ 5.00. The second major support level at $ 5.0609 should limit the downside.

Look at the technical indicators

First major support level: $ 5.2389

First major resistance level: 5.5711

23.6% FIB retracement level: $ 6.52

38% FIB Retracement Level: $ 9.68

62% FIB retracement level: $ 14.77

Stellar’s lumen

Stellar’s lumen rose 0.27% on Sunday. After falling 3.45% on Saturday, Stellar’s Lumen ended the week down 4.73% to $ 0.3728.

On a bullish morning, Stellar’s Lumen rebounded to a late morning intraday high of $ 0.3895 before entering reverse.

Stellar’s Lumen broke the first major resistance level at $ 0.3819 before slipping to an intraday low at $ 0.3614 in the late afternoon.

The story goes on

The reversal caused Stellar’s Lumen to drop its first major support level at $ 0.3648 before ending the day at $ 0.37.

At the time of writing, Stellar’s Lumen is down 0.26% to $ 0.3718. After a mixed start to the day, Stellar’s Lumen rose to a morning high of $ 0.3749 before falling to a low of $ 0.3702.

Stellar’s Lumen left key support and resistance levels untested early on.

For the coming day

Stellar’s lumen would have to move back through the $ 0.3746 pivot to bring the first major resistance level into play at $ 0.3877.

However, for Stellar’s Lumen to break back to the $ 0.38 level, support from the broader market would be required.

Aside from an extended rally, the first major resistance level and Sunday’s high at $ 0.3895 would likely limit any uptrend.

In the event of another large-scale crypto rally, Stellar’s Lumen could test the second major resistance level at $ 0.4027.

Should it not be possible to break the pivot value of $ 0.3746 again, the first major support level at $ 0.3596 would come into play.

Aside from an extended sell-off that day, Stellar’s Lumen should hit a level below $ 0.35. The second major level of support is at $ 0.3465.

Look at the technical indicators

First major support level: $ 0.3596

First major resistance level: $ 0.3877

23.6% FIB Retracement Level: $ 0.3402

38% FIB Retracement Level: $ 0.4277

62% FIB Retracement Level: $ 0.5690

Trons TRX

Tron’s TRX fell 0.84% ​​on Sunday. After falling 2.58% on Saturday, Tron’s TRX ended the week down 5.77% to $ 0.08773.

A mixed start to the day resulted in Tron’s TRX rising to a late morning intraday high of $ 0.09047 before going into reverse.

Tron’s TRX hit the first major resistance level at $ 0.09040 and slid to an intraday low of $ 0.08676 in the afternoon.

Tron’s TRX fell through the first major support level at $ 0.08701 before ending the day at $ 0.0877.

At the time of writing, Tron’s TRX was up 0.40% to $ 0.08809. A mixed start to the day resulted in Tron’s TRX dropping to an early morning low of $ 0.08747 before rising to a high of $ 0.08861.

Tron’s TRX left key support and resistance levels untested early on.

For the coming day

Tron’s TRX would have to avoid relapsing the $ 0.08798 pivot to bring the first major resistance level into play at $ 0.09022.

However, support from the broader market would be required for Tron’s TRX to break back to the $ 0.090 level.

Aside from an extended crypto rally, the first major resistance level and Sunday’s high at $ 0.09047 would likely limit any uptrend.

In the event of a longer rally, Tron’s TRX could test resistance at $ 0.095 before pulling back. The second major resistance level is at $ 0.09272.

A relapse from the $ 0.08798 pivot would bring the first major support level into play at $ 0.08548.

However, aside from an extended sell-off, Tron’s TRX should stay well below $ 0.080. The second major support level at $ 0.08324 should limit the downside.

Look at the technical indicators

First major support level: $ 0.08548

First major resistance level: $ 0.09022

23.6% FIB Retracement Level: $ 0.0787

38.2% FIB Retracement Level: $ 0.0989

62% FIB Retracement Level: $ 0.1316

Please let us know what you think in the comments below

Thanks, Bob

This article was originally published on FX Empire

More from FXEMPIRE:


Share post on

Sonic BTC is reader-supported. When you buy through links on our site, we may earn an affiliate commission.

Top 5 People That Bitcoin Made Rich – TechEngage – TechEngage Stellar

Top 5 People That Bitcoin Made Rich – TechEngage – TechEngage

Bitcoin has created several millionaires and billionaires over the recent years. Find out the...

By wpadminsonic164
Powerhouses Intentionally Loot Millions From Crypto Community In Pump And Dump Scam | Bitcoinist.com – Bitcoinist Stellar

Powerhouses Intentionally Loot Millions From Crypto Community In Pump And Dump Scam | Bitcoinist.com – Bitcoinist

Two conspiracy theorist influencers have caused a lot of investors to lose crypto funds...

By wpadminsonic164
3 Coins of Hefty Profits That Could Make You Rich: Mehracki (MKI), Chainlink (LINK), and Stellar (XLM) – The Coin Republic Stellar

3 Coins of Hefty Profits That Could Make You Rich: Mehracki (MKI), Chainlink (LINK), and Stellar (XLM) – The Coin Republic

If you're looking for cryptocurrencies with the potential to earn a solid passive income,...

By wpadminsonic164
The Global Blockchain Congress by Agora Group is coming to Vietnam! – The Coin Republic Stellar

The Global Blockchain Congress by Agora Group is coming to Vietnam! – The Coin Republic

Agora Group in Dubai and V2B Labs are joining hands to announce that after...

By wpadminsonic164
Chiliz Price Prediction: Will CHZ twofold in 2023? Time to purchase? – www.crowdwisdom.live Stellar

Chiliz Price Prediction: Will CHZ twofold in 2023? Time to purchase? – www.crowdwisdom.live

Chiliz Price Prediction: Detailed analysis of how Chiliz gets its value, why is it...

By wpadminsonic164
Bitcoin, Ethereum, Polygon, and Stellar Daily Price Analyzes – 28 June Roundup – Cryptopolitan Stellar

Bitcoin, Ethereum, Polygon, and Stellar Daily Price Analyzes – 28 June Roundup – Cryptopolitan

The global crypto market has seen no difference in the bearish situation. Bitcoin and...

By wpadminsonic164
Stellar

NZXT Enters the Capture Card Market With Two Stellar Devices – GameRant

For a while now NZXT has been growing its brand to incorporate more than...

By wpadminsonic164
Stellar

WhiteBIT Integrates USDC on Stellar – PR Newswire

WhiteBIT, one of Europe's largest crypto exchanges, announces their platform's integration of USD Coin...

By wpadminsonic164

Latest Posts

ETH Key Indicators Show A Sharp Drop Below $1K To Occur Ethereum

ETH Key Indicators Show A Sharp Drop Below $1K To Occur

The ETH key indicators show a sharp drop below $1K that might occur soon...

By wpadminsonic164
Enormous Cardano (ADA) Upgrade Set To Go Live, According to Developers – Here’s the Timeline – The Daily Hodl Cardano

Enormous Cardano (ADA) Upgrade Set To Go Live, According to Developers – Here’s the Timeline – The Daily Hodl

Cardano (ADA) is getting closer to launching its highly anticipated Vasil network upgrade, which...

By wpadminsonic164
Kazakhstan's Crypto-Boom? – BBC News Videos

Kazakhstan's Crypto-Boom? – BBC News

Despite their volatility, cryptocurrencies like Bitcoin have exploded in popularity in the past year...

By wpadminsonic164
Presenting the Polkadot Staking Dashboard: The Easiest Way to Nominate and Stake Your DOT Polkadot

Presenting the Polkadot Staking Dashboard: The Easiest Way to Nominate and Stake Your DOT

Staking your DOT just got a whole lot easier with Polkadot's new staking dashboard....

By wpadminsonic164
Top 5 People That Bitcoin Made Rich – TechEngage – TechEngage Stellar

Top 5 People That Bitcoin Made Rich – TechEngage – TechEngage

Bitcoin has created several millionaires and billionaires over the recent years. Find out the...

By wpadminsonic164
Cristiano Ronaldo signs NFT manage crypto trade Binance – Financial Times Binance

Cristiano Ronaldo signs NFT manage crypto trade Binance – Financial Times

Cristiano Ronaldo, one of football's biggest stars, has inked a sponsorship deal with crypto...

By wpadminsonic164
Shiba Inu and Dogecoin up 30% in Network Activity, With Number of Unique Addresses Constantly Rising – U.Today Dogecoin

Shiba Inu and Dogecoin up 30% in Network Activity, With Number of Unique Addresses Constantly Rising – U.Today

Gamza Khanzadaev Shiba Inu and Dogecoin hit seven-week highs in network activity According to...

By wpadminsonic164
LIDO Community Shows Intent To Keep ETH Staking Uncapped Ethereum

LIDO Community Shows Intent To Keep ETH Staking Uncapped

The LIDO community shows intent to keep ETH staking uncapped as they are voting...

By wpadminsonic164