RATE Group | EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 01/01/20
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EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 01/01/20

01 Jan EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 01/01/20

Posted at 16:18h in Ethereum News by

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EOS

EOS fell by 1.54% on Tuesday. Following on from a 2.37% slide on Monday, EOS ended the day at $2.5904.

A choppy start to the day saw EOS rise to a mid-morning high $2.6523 before falling to a late morning low $2.6012.

Steering clear of the major support and resistance levels, EOS struck an early afternoon intraday high $2.6591 before hitting reverse.

Falling short of the first major resistance level at $2.7025, EOS slid to a late intraday low $2.5723.

EOS fell through the first major support level at $2.5847 before wrapping up the day at $2.59 levels.

At the time of writing, EOS was up by 0.94% to $2.6148. A bullish start to the day saw EOS rise from an early morning low $2.5794 to a high $2.6348.

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

For the day ahead

EOS would need to steer clear of sub-$2.61 levels to support a run at the first major resistance level at $2.6422.

Support from the broader market would be needed, however, for EOS to break back through the…

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