Resistance levels: $ 5.5, $6.0, $6.5
Support levels: $4.5, $4.0, $3.5

Last week the price of EOS was in a bullish trend. The cryptocurrency has a price of $4.55 at the beginning of the bullish trend. Price of EOS is currently trading at $5.31 as at the time of writing. Today, the cryptocurrency is likely to rise because it is out of its previous range bound zone.

Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. Also, the price of EOS is above the 12-day EMA and the 26-day EMA which indicates that price is in a sideways trend. Nevertheless, the Relative Strength Index period 14 is level 53 which indicate that price is in the sideways trend zone

From the 1-hour chart, the price of EOS is in a bullish trend. The MACD line and the signal line are above the zero line which indicates a buy signal. Also, the price of EOS is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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