The EOS price chart pictures that the price mustered greatly from the demand zone of $0.5250 to $0.9000. However, the crypto slipped as the price failed to bounce over it, and it exhibited a price correction scenario in its incline and the price decreased to form a support at $0.6450.
After falling, the price of EOS crypto has made a powerful comeback, beating its previous high level, starting from a crucial support level of approximately $0.6450. The EOS crypto now appears ready to resume this monumental surge as it already outperformed the previous high of $0.9000 and is geared up to crack the above resistance level and display price projectile to new peaks from the current support level of $1.10.
The EOS crypto asset is revealing bullish potency and rising capability as it maintains above major 20-day and 50-day EMA bands. On observing the price chart data over the daily chart, the EOS asset is demonstrating bullish signs and has the potential to extend further. It has performed well in the past week, month, and quarter by a surge of 16.89%, 63.23%, and 52.52%, respectively, implying a solid uptrend.
At the time of publishing, the crypto has experienced a decline of 0.75% in the last 24 hours, and currently trading at $1.1948. Therefore, if the demand for the EOS token increases unexpectedly, the asset price could jump back from the current level. Then the next goal for the price could be to reach $1.5000 and in between, the hurdle would be $1.3500.
However, if the EOS crypto price fails to stay above the $1.1000 level, it could decline further and then it could reach $0.9000 as well.
After falling, the price of EOS crypto has made a powerful comeback, beating its previous high level, starting from a crucial support level of approximately $0.6450. The EOS crypto now appears ready to resume this monumental surge as it already outperformed the previous high of $0.9000 and is geared up to crack the above resistance level and display price projectile to new peaks from the current support level of $1.10.
The EOS crypto asset is revealing bullish potency and rising capability as it maintains above major 20-day and 50-day EMA bands. On observing the price chart data over the daily chart, the EOS asset is demonstrating bullish signs and has the potential to extend further. It has performed well in the past week, month, and quarter by a surge of 16.89%, 63.23%, and 52.52%, respectively, implying a solid uptrend.
At the time of publishing, the crypto has experienced a decline of 0.75% in the last 24 hours, and currently trading at $1.1948. Therefore, if the demand for the EOS token increases unexpectedly, the asset price could jump back from the current level. Then the next goal for the price could be to reach $1.5000 and in between, the hurdle would be $1.3500.
However, if the EOS crypto price fails to stay above the $1.1000 level, it could decline further and then it could reach $0.9000 as well.