RATE Group | EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 14/01/20
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EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 14/01/20

14 Jan EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 14/01/20

Posted at 08:28h in Ethereum News by

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EOS

EOS slid by 3.16% on Monday. Partially reversing a 7.57% rally from Sunday, EOS ended the day at $3.1070.

A bearish start to the day saw EOS slide from an early morning intraday high $3.2107 to a mid-morning intraday low $3.0651.

Falling well short of the first major resistance level at $3.3098, EOS came within range of the first major support level at $3.0253.

Finding support through the late morning, EOS recovered to $3.14 levels before sliding back to sub-$3.10 levels. A late in the day move back through to $3.10 levels reduced the deficit for the day.

At the time of writing, EOS was up by 2.77% to $3.1930. A bullish start to the day saw EOS rally from an early morning low $3.1054 to a high $3.2115.

Steering clear of the major support levels, EOS broke through the first major resistance level at $3.1901 early on.

For the day ahead

EOS would need to move back through to $3.20 levels to support a run at the second major resistance level at $3.2732.

Support from the broader market would…

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