EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – June 30th, 2020

By June 30, 2020Ethereum
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EOS

EOS rose by 0.51% on Monday. Following on from a 1.56% gain on Sunday, EOS ended the day at $2.3802.

A mixed start to the day for EOS. EOS rose to an early morning high $2.3780 before sliding to a late morning intraday low $2.3246.

Steering clear of the first major support level at $2.3177, EOS rallied to a late intraday high $2.4166.

EOS came up against the first major resistance level at $2.4132 before falling back to sub-$2.40 levels.

At the time of writing, EOS was up by 0.29% to $2.3870. A bullish start to the day saw EOS rise from an early morning low $2.3821 to a high $2.3870.

EOS left the major support and resistance levels untested early on.

EOS would need to avoid a fall through the $2.3738 pivot level to support a run at the first major resistance level at $2.4230.

Support from the broader market would be needed, however, for EOS to break out from Monday’s high $2.4166.

Barring an extended crypto rally, the first major resistance level at $2.4230 would likely cap any upside.

Failure to avoid a fall through the $2.3738 pivot could see EOS give up Monday’s gain.

A fall through to sub-$2.37 levels would bring the first major support level at $2.3310 into play.

Barring another extended sell-off, EOS should steer clear of sub-$2.30 levels and the second major support level at $2.2818.

Major Support Level: $2.3310

Major Resistance Level: $2.4230

23.6% FIB Retracement Level: $6.62

38% FIB Retracement Level: $9.76

62% FIB Retracement Level: $14.82

Ethereum

Ethereum rose by 1.28% on Monday. Following on from a 1.82% gain on Sunday, Ethereum ended the day at $227.81.

It was also a mixed start to the day. Ethereum rose to an early morning high $226.56 before sliding to a late morning intraday low $220.98.

Steering clear of the first major support level at $218.76, Ethereum rallied to a late intraday high $229.98.

Ethereum came up against the first major resistance level at $229.34 before easing back to sub-$228 levels.

At the time of writing, Ethereum was up by 0.34% to $228.59. A bullish start to the day saw Ethereum rise from an early morning low $227.81 to a high $228.69.

Ethereum left the major support and resistance levels untested early on.

Ethereum would need to avoid a fall through the $226.30 pivot to support a run at the first major resistance level at $231.53.

EOS rose by 0.51% on Monday. Following on from a 1.56% gain on Sunday, EOS ended the day at $2.3802.

A mixed start to the day for EOS. EOS […]

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