RATE Group | EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 27/12/19
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EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 27/12/19

27 Dec EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 27/12/19

Posted at 09:54h in Ethereum News by

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EOS

EOS rose by 1.65% on Thursday. Partially reversing a 2.36% slide from Wednesday, EOS ended the day at $2.5286.

A bearish start to the day saw EOS fall to an early morning intraday low $2.4693 before finding support.

Steering clear of the first major support level at $2.4465, EOS rallied to an early evening intraday high $2.6452.

EOS broke through the first major resistance level at $2.5426 and the second major resistance level at $2.5964.

In spite of late pullback, EOS avoided sub-$2.50 levels to close out the day in the green.

At the time of writing, EOS was up by 1.38% to $2.5634. A bullish start to the day saw EOS rally from an early morning low $2.5285 to a high $2.5708.

Despite the early moves, EOS left the major support and resistance levels untested.

For the day ahead

EOS would need to move back through the morning high $2.5708 to support a run at the first major resistance level at $2.6261.

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

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