RATE Group | EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 31/12/19
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EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 31/12/19

31 Dec EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 31/12/19

Posted at 19:53h in Ethereum News by

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EOS

EOS slid by 2.37% on Monday. Reversing a 2.46% rally on Sunday, EOS ended the day at $2.6324.

A choppy start to the day saw EOS rise to a mid-morning intraday high $2.7248 before hitting reverse.

Falling short of the first major resistance level at $2.7429, EOS tumbled to a mid-afternoon intraday low $2.607.

The reversal saw EOS fall through the first major support level at $2.6410 before finding support.

Steering clear of sub-$2.60 levels, EOS recovered to $2.64 levels before easing back in the final hour.

At the time of writing, EOS was down by 0.09% to $2.6299. A mixed start to the day saw EOS fall to an early morning low $2.6134 before striking a high $2.6390.

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

For the day ahead

EOS would need to move through to $2.65 levels to support a run at the first major resistance level at $2.7025.

Support from the broader market would be needed, however, for EOS to break back through the morning high $2.6390.

Barring an…

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