- Touted be an Eth killer in the previous cycle, EOS has been stagnant for a long time, apparently due to a lot of mistakes & bleeding talent
- But recently there’s been a lot of developments and EOS 2.0 promising a pivot that’ll attract a lot of Devs into the Eos community
- More recently, B1 has injected a 45million Eos tokens into Helios ruled by Brock Pierce...
EOS performed a positive momentum on Monday’s trading session
EOS current price is $3.41, which is up by 10.01% in the last 24-hour time-frame and 9.06% up from the previous week
EOS/BTC pair is in a downtrend with 1.92% in Monday’s trading session (0.0000869)
The technical chart reflects on the magnitude of the bullish momentum by the price levels from the past couple of trading sessions. The bulls hinted at their arrival by having a positive breakout above the major resistance line placed at 0.382fib level. Thereafter, the price levels also had a positive crossover above the bullish line of 0.236fib level and...
The weekly technical chart of EOS highlights a positive trend built by the coin. A sudden spike in price movements can be seen on Jan 4 the resistance zone is placed at $2.79 and the following support zone at $2.56. The price is floating above the resistance level.
The Moving Average Convergence Divergence (MACD) had a bullish crossover signal line on Jan 4,...
. There is a possibility of temporary retracement to suggested support line (4.3860). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. EOS/Dollaris in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic...