EOSEOS fell by 2.84% on Sunday. Following on from a 1.04% fall on Saturday, EOS ended the week down by 4.92% to $2.4877.A bullish start to the day saw EOS rise to an early morning intraday high $2.6067 before hitting reverse.Falling short of the first major resistance level at $2.6094, EOS slid to a late afternoon low $2.5031.The reversal saw EOS fall through the first major support level at $2.5347. Finding support at the second major support level at $2.5028, EOS briefly recovered to $2.56 levels before a late sell-off.The sell-off saw EOS slide back through the first major support level and second major support level to an intraday low $2.4877.At the time of writing, EOS was up by 0.57% to $2.5020. A mixed start to the day saw EOS fall to an early morning low $2.4500 before striking a high $2.5151.EOS left the major support and resistance levels untested early on.View photosFor the day aheadEOS would need to move through to $2.5280 levels to bring the first major resistance level at $2.5678 into play.Support from the broader market would be needed, however, for EOS to break out from the morning high $2.5151.Barring a broad-based crypto rally, the major first resistance level would likely limit any upside on the day.Failure to move back through to $2.5280 levels could see EOS slide back into the red.A fall through the morning low $2.4500 would bring the first major support level at $2.4477 into play.Barring an extended crypto sell-off, however, EOS should steer clear of the second major support level at $2.4076.Looking at the Technical IndicatorsMajor Support Level: $2.4477Major Resistance Level: $2.567823.6% FIB Retracement Level: $6.6238% FIB Retracement Level: $9.7662% FIB Retracement Level: $14.82EthereumEthereum fell by 3.38% on Sunday. Following on from a 0.31% decline on Saturday, Ethereum ended the week down by 3.58% to $199.63.A bullish start to the day saw Ethereum rise to an early morning intraday high $210.67 before hitting reverse.Ethereum broke through the first major resistance level at $210.45, before falling to a late afternoon low $201.69.The reversal saw Ethereum fall through the first major support level at $203.71 before briefly recovering to $208 levels.A final hour sell-off did the damage, however, with Ethereum sliding to an intraday low $199.30.Ethereum fell through the first major support level and second major support level at $200.77 to wrap up the day at sub-$200 levels.At the time of writing, Ethereum was up by 1.46% to $202.55. A mixed start to the day saw Ethereum fall to an early morning low $198.01 before rising to a high $203.17.Ethereum left the major support and resistance levels untested early on.View photosFor the day aheadEthereum would need to move through to $203.20 levels to bring the first major resistance level at $207.10 into play.Support from the broader market would be needed, however, for Ethereum to break out from the morning high $203.17.Barring an extended crypto rally, the first major resistance level would likely limit any upside.Failure to move through to $203.20 levels could see Ethereum slide into the red.A fall through the morning low $198.01 would bring the first major support level at $195.73 into play.Barring an extended crypto sell-off, however, Ethereum should steer well clear of the second major support level at $191.83.Looking at the Technical IndicatorsMajor Support Level: $195.73Major Resistance Level: $207.1023.6% FIB Retracement Level: $25738.2% FIB Retracement Level: $36762% FIB Retracement Level: $543Ripple’s XRPRipple’s XRP fell by 3.27% on Sunday. Following on from a 0.90% decline on Saturday, Ripple’s XRP ended the week down by 4.45% to $0.19228.Tracking the broader market, Ripple’s XRP rose to an early morning intraday high $0.20161 before taking a hit.Ripple’s XRP broke through the first major resistance level at $0.2012, before falling to a late afternoon low $0.19467.The reversal saw Ripple’s XRP fall through the first major support level at $0.1970 and the second major support level at $0.1954.Finding support late on, Ripple’s XRP briefly recovered to $0.1980 levels before a final hour sell-off to an intraday low $0.19228.Ripple’s XRP fell back through the first major support level and second major support level to end the day at sub-$0.1930 levels.At the time of writing, Ripple’s XRP was up by 0.55% to $0.19334. A mixed start to the day saw Ripple’s XRP fall to an early morning low $0.18928 before striking a high $0.19449.Ripple’s XRP left the major support and resistance levels untested early on.View photosFor the day aheadRipple’s XRP will need to move through to $0.1960 levels to support a run at the first major resistance level at $0.1985.Support from the broader market would be needed, however, for Ripple’s XRP to break out from the morning high $0.19449.Barring a broad-based crypto rebound, the first major resistance level would likely leave Ripple’s XRP short of $0.20 levels.Failure to move through to $0.1960 levels could see Ripple’s XRP hit reverse.A fall through to sub-$0.1930 levels would bring the first major support level at $0.1892 into play.Barring another crypto meltdown, however, Ripple’s XRP should steer well clear of the second major support level at $0.1861.Looking at the Technical IndicatorsMajor Support Level: $0.1892Major Resistance Level: $0.198523.6% FIB Retracement Level: $0.363838.2% FIB Retracement Level: $0.480062% FIB Retracement Level: $0.6678Please let us know what you think in the comments below.Thanks, BobThis article was originally posted on FX EmpireMore From FXEMPIRE: The Weekly Wrap – Optimism Delivered Riskier Assets a Boost as Lockdown Measures Eased European Equities: A Week in Review – 23/05/20 EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 24/05/20 AUD/USD and NZD/USD Fundamental Weekly Forecast – Risk Sentiment Controlling the Price Action EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – 25/05/20 USD/JPY Fundamental Weekly Forecast – Traders Will Be Eyeing Simmering US-China Relations
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