Resistance levels: $ 7.0, $7.5, $8. 0
Support levels: $6.0, $5.5, $4.50

Yesterday, September 3, the price of EOS was in a sideways trend. On September 1, price of EOS reached the high of $6.81 and retraced to the low of $6.5. The cryptocurrency is fluctuating below and above the $6.5 price level. If price falls from that resistance level, the price of EOS will find support at $6.0. But if the bulls take control the cryptocurrency will reach the high of $7.0

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 neither above nor below the 12-day EMA and the 26-day EMA which indicates that the price is in the sideways trend. Nevertheless, the Relative Strength Index period 14 is level 51 which indicates that price is in the sideways trend zone.

On the 1-hour chart, the price of EOS is in a bullish trend. The price is above the 12-day EMA and the 26-day EMA which indicate that price is rising. Also, the MACD line and the signal line are below 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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