Resistance levels: $ 6, $7, $8.
Support levels: $5, $4, $3.

Yesterday, November 13, the price of EOS was in a bearish trend. Yesterday, the crypto's price broke the 12-day EMA and the 26-day EMA and fell to the low of $5.27 . Previously, the digital currency was fluctuating below and above the exponentials moving averages (EMAs).

Now the crypto’s price is below the 12-day EMA and the 26-day EMA indicating that price is in the bearish trend zone. The crypto’s price is making a bullish movement to the 12-day EMA. If the crypto's  price is resisted at the 12-day EMA, the digital currency might fall to the $5.0 price level. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal.

On the 1-hour chart, the price of EOS is in a bearish trend. The bullish movement has been resisted by the 12-day EMA. The MACD line and the signal line are below the zero line which indicates a sell signal. The price is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.

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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