Coinz EN

Binance Coin

Binance Coin rallied by 9.28% in the week ending 12^th October. Reversing a 0.19% fall from the previous week, Binance Coin ended the week at $17.19.

A bearish start to the week saw Binance Coin fall to a Sunday intraweek low $14.82 before finding support.

Sliding by 4.24% on the day, Binance Coin fell through the first major support level at $14.75.

Bullish through Monday and Wednesday, Binance Coin gained 6.57% and 10.93% to strike a Wednesday intraweek high $18.11.

Binance Coin broke through the first major resistance level at $16.51 and second major resistance level at $17.31.

2 consecutive days in the red, including a 5.73% slide on Friday, led to a pullback to sub-$16 levels before finding support on Saturday.

The pullback saw Binance Coin fall back through the major resistance levels. A 3.74% gain on Saturday saw Binance Coin break back through the first major resistance level at $16.51.

For the week ahead

Binance Coin would need to steer clear of sub-$16.8 levels to support a run at the first major resistance level at $18.59.

Support from the broader market would be needed, however, for Binance Coin to break out from last week’s high $18.11.

In the event of a broad-based crypto rally, Binance Coin could visit $19 levels before any pullback. We would expect Binance Coin to come up short of the second major resistance level at $20, however.

Failure to steer clear of sub-$16.8 levels could see Binance Coin test the first major support level at $15.30.

Barring an extended sell-off through the week, however, we would expect Binance Coin to steer clear of sub-$15 support levels.

At the time of writing, Binance Coin was up by 0.95% to $17.35.

EOS

EOS rose by 2.55% in the week ending 12^th October. Following on from a 5.67% gain from the previous week, EOS ended the week at $3.0771.

A bearish start to the week saw EOS fall to a Sunday intraweek low $2.8508 before making a move.

Steering clear of the first major support level at $2.7433, EOS bounced back to a Wednesday intraweek high $3.37.

Driven by a 9.54% rally on Monday and a 2.56% gain on Wednesday, EOS broke through the first major resistance level at $3.1961.

Coming within range of the second major resistance level at $3.3914, EOS saw 2 consecutive days in the red.

The pullback saw EOS fall back through the first major support level to $3.04 on Friday before finding support.

A 0.29% gain on Saturday provided much-needed support following the Thursday – Friday pullback.

For the week ahead

EOS would need to move through to $3.10 levels to support a run at the first major resistance level at $3.3478.

Support from the broader market would be needed, however, for EOS to break through to $3.30 levels.

Barring an extended rally through the week, the first major resistance level and last week’s high $3.37 would likely cap any upside.

Failure to move through to $3.10 levels could see EOS hit reverse. A fall back to sub-$3.00 levels would bring the first major support level at $2.8286 into play.

Barring a crypto meltdown, EOS should steer clear of sub-$2.8 support levels in the week.

At the time of writing, EOS was up by 0.38% to $3.0888.

Ethereum

Ethereum rose by 1.78% in the week ending 12^th October. Following on from a 1.63% gain from the previous week, Ethereum ended the week at $179.86.

A bearish start to the week saw Ethereum fall to a Sunday intraweek low $164.34 before finding support.

Sliding by 3.71% at the start of the week, Ethereum fell through the first major support level at $165.42.

Finding support from the broader market, Ethereum saw 3 consecutive days in the green to before hitting choppy waters.

Off the back of a 6.94% rally on Tuesday, Ethereum struck a Thursday intraweek high $197.93 before falling back to sub-$180.

The rally saw Ethereum break through the first major resistance level at $186.97 and second major resistance level at $197.20.

After a bullish start to the day on Saturday, a reversal later in the day limited the upside for the week.

For the week ahead

Ethereum would need to move through to $182 levels to support a run at the first major resistance level at $196.03.

Support from the broader market would be needed, however, for Ethereum to break back through to $190 levels.

Barring a broad-based crypto rally, the first major resistance level and last week’s high $197.93 would limit any upside.

In the event of a crypto breakout, Ethereum could visit $200 levels before any pullback.

Failure to move through to $182 levels could see Ethereum hit reverse. A fall through to $175 levels would bring the first major support level at $165.6 into play before any recovery.

Barring an extended sell-off through the week, Ethereum should steer clear of sub-$160 support levels.

At the time of writing, Ethereum was up by 0.41% to $180.59.

Binance Coin

Binance Coin slipped by 0.19% in the week ending 5^th October. Following on from a 24.79% tumble from the previous week, Binance Coin ended the week at $15.72.

A bearish start to the week saw Binance Coin hit reverse from an early Sunday high $15.85 to a Monday intraweek low $14.58.

Steering clear of the first major support level at $13.06, Binance Coin bounced back through the day.

Off the back of a 4.26% rally on Monday, Binance Coin struck a Tuesday intraweek high $16.34 before easing back.

Falling well short of the first major resistance level at $19.72, Binance Coin saw 3 consecutive days in the red before finding support on Saturday.

The pullback saw Binance Coin fall to $15.10 levels before support kicked in to limit the downside in the week.

For the week ahead

A move through to $15.70 levels in the early part of the week would support a run at the first major resistance level at $16.51.

Binance Coin would need support from the broader market, however, to break out from last week’s high $16.34.

Barring a broad-based crypto rally, Binance Coin would likely fall well short of $17 levels in the week. In the event of a crypto rally, we would expect the second major resistance level at $17.31 to come into play.

Failure to move through to $15.70 levels could see Binance Coin spend a 5^th consecutive week in the red. A fall through to sub-$15 levels would bring the first major support level at $14.75 into play.

Barring a crypto meltdown, however, Binance Coin should steer clear of sub-$14 support levels in the week.

At the time of writing, Binance Coin was down by 1.20% to $15.53.

EOS

EOS rose by 5.67% in the week ending 5^th October. Partially reversing a 29.21% slide from the previous, EOS ended the week at $3.0007.

Tracking the broader market, EOS fell to a Sunday intraweek low $2.6812 before finding support.

Steering clear of the first major support level at $2.1542, EOS bounced back to a Tuesday intraweek high $3.1340.

In spite of a 6.8% rally on Monday, EOS fell short of the first major resistance level at $3.7704.

Relatively range-bound through the rest of the week, a pullback to $2.8 levels on Thursday was short-lived. Support at $3.00 ultimately delivered the upside in the week.

For the week ahead

EOS would need to move back through to $3.00 levels support a run at the first major resistance level at $3.1961.

Support from the broader market would be needed, however, for EOS to break back through to $3.00 levels.

Barring a broad-based crypto rally, EOS would likely fall well short of the second major resistance level at $3.3914.

Failure to move back through to $3.00 levels could see EOS resume the downward trend. A fall back through to sub-$2.90 levels would bring the first major support level at $2.7433 into play.

Barring an extended sell-off through the week, however, EOS should steer clear of the second major support level at $2.4858.

At the time of writing, EOS was down by 0.96% to $2.9720.

Ethereum

Ethereum rose by 1.63% in the week ending 5^th October. Partially reversing a 19.07% slide from the previous week, Ethereum ended the week at $176.73.

A bearish start to the week saw Ethereum fall to a Sunday intraweek low $164.34 before finding support.

Steering clear of the first major support level at $145.52, Ethereum rallied to a Tuesday intraweek high $185.89.

In spite of a 7% rally on Monday, Ethereum came up short of the first major resistance level at $208.86.

Through the 2^nd half of the week, Ethereum fell back to sub-$170 levels on Thursday before moving back into the green.

For the week ahead

Ethereum would need to hold onto $175 levels to support a run at $180 levels later in the week.

Support of the broader market would be needed, however, for Ethereum to break through the first major resistance level at $186.97.

Barring a broad-based crypto rally, however, we would expect Ethereum to fall short of $190 levels in the week.

Failure to hold onto $175 levels could see Ethereum hit reverse. A fall back through to sub-$170 levels would bring the first major support level at $165.42 into play.

Barring a crypto meltdown, however, Ethereum should continue to steer clear of sub-$160 levels in the week.

At the time of writing, Ethereum was down by 0.69% to $175.51.

Binance Coin

Binance Coin slid by 24.79% in the week ending 28^th September. Following on from a 0.14% decline from the previous week, Binance Coin ended the week at $15.75.

A particularly bearish week saw Binance Coin hit reverse from an early Sunday morning intraweek high $21.

Falling well short of the first major resistance level at $22.89, Binance Coin tumbled to a Thursday intraweek low and new swing lo $14.34.

Four days in the red out of 5 saw Binance fall through the first major support level at $19.43 and second major support level at $17.89.

Of greater significance, however, was a slide through the 62% FIB of $19.

Finding support at the third major support level at $14.43, Binance Coin saw 2 consecutive days in the red to wrap up the week at $15 levels.

A third consecutive week in the red led to a near-term bearish trend formed at June’s swing hi $40.27.

For the week ahead

A move through to $17.0 levels in the early part of the week would support a run at the first major resistance level at $19.72.

Binance Coin would need support from the broader market, however, to break out from Sunday’s high $16.21.

Barring a broad-based crypto rally, Binance Coin would likely fall well short of the 23.6% FIB of $21.

Failure to move through to $17.0 levels could see Binance Coin spend a 4^th consecutive week in the red. A fall through to sub-$14 levels would bring first major support level at $13.06 into play.

Barring a crypto meltdown, however, Binance Coin should steer clear of sub-$13 levels in the week.

At the time of writing, Binance Coin was down by 0.22% to $15.72.

EOS

EOS slid by 29.21% in the week ending 28^th September. Following on from a 0.72% decline from the previous week, EOS ended the week at $2.8394.

A particularly bearish start to the week saw EOS slide from a Sunday intraweek high $4.0163 to a Tuesday intraweek low $2.4001.

Steering clear of the major resistance levels, 3 consecutive days in the red saw EOS slide through the week’s major support levels.

A 25% slide on Tuesday did the damage, with EOS returning to sub-$3.00 levels for the first time since February.

Finding support through the 2^nd half of the week, EOS steadied with a move back through to $2.96 levels before easing back.

In a particularly bearish week, EOS failed to break back through the third major support level at $3.1842.

A 2^nd consecutive week in the red also reaffirmed the extended bearish trend formed at April 2018’s swing hi $23.03.

For the week ahead

EOS would need to move through to $3.0850 levels support a run at $3.20 levels

Support from the broader market would be needed, however, for EOS to break through to $3.00 levels.

In the event of a broad-based crypto rally, EOS could test the first major resistance level at $3.7704 before any pullback.

Failure to move through to $3.0850 levels could see EOS fall for a 3^rd consecutive week. A fall back through last week’s low $2.4001 would bring the first major support level at $2.1542 into play.

We would expect EOS to steer clear of sub-$2.00 levels in the event of another crypto meltdown, however.

At the time of writing, EOS was down by 0.12% to $2.8359.

Ethereum

Ethereum slid by 19.07% in the week ending 28^th September. Reversing a 13.77% rally from the previous week, Ethereum ended the week at $173.90.

Particularly bearish through the start of the week, Ethereum fell from a Sunday intraweek high $215.45 to a Tuesday low $157.75.

A 3^rd consecutive day in the red saw Ethereum tumble 17.2% on Tuesday. The sell-off saw Ethereum fall through the first major support level at $192.50 and second major support level at $170.93.

Following recovery to $175 levels, Ethereum slid back through the second major support level to a Thursday intraweek low $152.11.

Finding support late in the week, Ethereum broke back through the second major support level to cut the deficit for the week.

For the week ahead

Ethereum would need to move through to $180.50 levels to support a run at $200 levels later in the week.

Ethereum would need the support of the broader market, however, to break out from $190 levels.

Barring a broad-based crypto rally, however, we would expect Ethereum to fall well short of the first major resistance level at $208.86.

Failure to move back through to $180.50 levels could see Ethereum take another tumble. A fall back through to sub-$160 levels would bring the first major support level at $145.52 into play.

Barring a crypto meltdown, however, Ethereum should continue to steer clear of sub-$140 levels in the week.

At the time of writing, Ethereum was down by 0.12% to $173.70.