RATE Group | EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 13/01/20
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EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 13/01/20

13 Jan EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 13/01/20

Posted at 06:53h in Ethereum News by

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EOS

 

EOS rallied by 7.57% on Sunday. Following on from a 0.34% gain from Saturday, EOS ended the week up by 19.8% to $3.2150.

Bullish throughout the day, EOS rallied from an early morning intraday low $2.9305 to a late intraday high $3.2150.

Steering clear of the major support levels, EOS broke through the first major resistance level at $3.1024. The second major resistance level at $3.2104 capped the upside on the day.

At the time of writing, EOS was down by 2.67 % to $3.1292. A bearish start to the day saw EOS fall from an early morning high $3.2107 to a low $3.1282.

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

For the day ahead

EOS would need to steer clear of sub-$3.1200 levels to support a run at the first major resistance level at $3.3098.

Support from the broader market would be needed, however, for EOS to breakout from the morning high $3.2107.

Barring a broad-based crypto rebound, the first major resistance level would likely limit any upside.

Failure to…

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