EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 30/05/20

EOS

EOS slipped by 0.02% on Friday. Following a 1.67% gain from Thursday, EOS ended the day at $2.6153.

A bullish start to the day saw EOS rise to an early morning intraday high $2.6747 before hitting reverse.

EOS broke through the first major resistance level at $2.6543 before sliding to a mid-afternoon intraday low $2.5909.

Steering clear of the first major support level at $2.5476, EOS recovered to $2.61 levels to end the day flat.

At the time of writing, EOS was down by 0.23% to $2.6093. A bearish start to the day saw EOS fall from an early morning high $2.6183 to a low $2.6016.

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

For the day ahead

EOS would need to move through to $2.6270 levels to bring the first major resistance level at $2.6630 into play.

Support from the broader market would be needed, however, for EOS to break back through to $2.65 levels.

Barring an extended crypto rally, resistance at $2.65 would likely leave EOS short of the first major resistance…