2018-10-29 09:34 |
Resistance levels: $ 6, $7, $8.
Support levels: $5, $4, $3.
Last week the price of EOS was in a sideways trend. The digital currency was fluctuating between the levels of $5.40 and $5.60 daily. Today, the digital currency is still fluctuating between those levels and price has not broken those levels.
The crypto’s price is not yet out of the bearish trend zone and as such price is likely to fall. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In addition, the price of EOS is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.
EOS/USD Short-term Trend: Bullish
On the 1-hour chart, the price of EOS is in a sideways trend. The crypto’s price is fluctuating below and above the $5.42 price level. The crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is falling. In the same vein, the MACD line and the signal line are above the zero line which indicates a buy signal.
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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EOS (EOS) на Currencies.ru
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