The EOS crypto currently appears like it is in an uncertain position, with both bullish and bearish forces attempting to gain the upper hand.
At the beginning of 2024, the EOS price was in an uptrend up to $1.35 supply level in the first week of March 2024, from supply it began to decline from the resistance trendline which was near the supply level on the daily...
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...
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...
- 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)
themarketperiodical.com
Eos have been consolidating within a range for more than 6 month and now have given a neat breakout.
Once it manages to close above $4 it will gain momentum for $5 and $7 respectively.
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,...
