RATE Group | EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 14/02/20
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EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 14/02/20

EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 14/02/20

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EOS

EOS rose by 0.42% on Thursday. Following on from a 1.47% gain on Wednesday, EOS ended the day at $5.3555.

A choppy start to the days aw EOS rise to an early morning intraday high $5.4861 before hitting reverse.

EOS broke through the first major resistance level at $5.4429 before sliding to a late morning intraday low $5.1700.

EOS fell through the first major support level at $5.2395 before striking an afternoon high $5.4199.

Falling short of the first major resistance level, EOS fell back through the first major support level before a late recovery.

At the time of writing, EOS was up by 1.10% to $5.4142. A mixed start to the day saw EOS fall to an early morning low $5.2674 before striking a high $5.4200.

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

For the day ahead

EOS would need to move back through Thursday’s high $5.4861 to support a run at the first major resistance level at $5.5044.

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

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