Resistance levels: $ 6.0, $6.5, $7.0
Support levels: $5.0, $4.5, $4.0

Yesterday, September 27, the price of EOS was in a bullish trend.The price of EOS is making a systematic bullish movement. On September 25, the digital currency made a bullish movement to the high of $5.39 and retraced to resume another movement. This same scenario was repeated on a daily basis up till the 27th of September, 2018. Today, the price of EOS is trading at $5.81 as at the time of writing.

Price is expected to face resistance at the $6.0 price level. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. In addition, the price of EOS is above the 12-day EMA and the 26-day EMA which indicates that price is rising. Nevertheless, the Relative Strength Index period 14 is level 58 which indicates that the price is in the sideways trend zone.

On 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 above the 12-day EMA and the 26-day EMA which indicates that the price is rising.

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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