EOS is currently consolidating losses in a range above the $2.665 support against the US Dollar.The price is facing many hurdles near $2.850, $3.000, and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $2.750 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could nosedive if it continues to struggle near the $3.000 resistance zone.EOS price is showing a few recovery signs against the US Dollar, similar...
Read More »EOS Price Analysis: Chances of a Crucial Breakdown Below $3.0
EOS failed to clear the $3.600 resistance and started a fresh decline against the US Dollar.The price declined below the key $3.200 support and the 55 simple moving average (4-hours).There was a break below a major ascending channel with support near $3.300 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could extend its decline if the bears are able to clear the main $3.000 support zone.EOS price is gaining bearish momentum below $3.200 against the US Dollar,...
Read More »EOS Price Analysis: Signs of More Downsides Below $3.0
EOS price started a fresh decline from well above the $3.500 resistance against the US Dollar.The price declined below the $3.200 support and settled below the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $3.200 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to move down below $3.000 as long as it is below $3.200.EOS price is declining and trading below key supports against the US Dollar,...
Read More »EOS Price Analysis: Uptrend Support Intact Near $3.20
EOS price climbed to a new multi-week high at $3.950 before correcting lower against the US Dollar.The price corrected lower below $3.5501 and even spiked below the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $3.150 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to start a fresh increase as long as it is above $3.200 and $3.150.EOS price is correcting gains from the monthly high against the US Dollar,...
Read More »EOS Price Analysis: Dips Could Find Strong Bids For Fresh Rally
EOS price started a steady increase above the $2.800 and $3.000 resistance levels against the US Dollar.The price traded to a new monthly high at $3.147 and settled above and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $2.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct lower in the short-term, but dips might find buyers near $2.950 and $2.850.EOS price is back in a bullish zone above $2.800...
Read More »EOS Price Analysis: Indicators Suggest Fresh Rally To $3
EOS price is gaining momentum above the $2.550 and $2.600 resistance levels against the US Dollar.The price is now trading well below the $2.550 pivot level and the 55 simple moving average (4-hours).There is a major ascending channel forming with support near $2.620 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to move higher above $2.700 as long as it is above the $2.550 pivot level.EOS price is trading in a positive zone above $2.550 against the...
Read More »EOS Price Analysis: Bulls Aiming Fresh Upside Break Above $2.6
EOS price started a downside correction from the $2.726 high against the US Dollar.The price is now trading well below the $2.600 level and the 55 simple moving average (4-hours).There is a crucial declining channel forming with resistance near $2.580 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could start a fresh increase above $2.600 as long as it is above the $2.450 support zone.EOS price is following a declining pattern below $2.600 against the US Dollar,...
Read More »EOS Price Analysis: Bulls Likely Aiming $3.0 or Higher
EOS price started a fresh increase from the $2.250 support area against the US Dollar.The price gained momentum above the $2.500 resistance and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $2.420 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct lower, but there are many supports near $2.600 and $2.500.EOS price is trading in a positive zone above $2.500 against the US Dollar, similar...
Read More »EOS Price Analysis: Trading Near Make-or-Break Levels At $2.45
EOS price remained in a bearish zone and extended its decline below $2.225 against the US Dollar.The price traded as low as $2.182 and it is currently correcting higher towards the 55 simple moving average (4-hours).There is a significant bearish trend line forming with resistance near $2.450 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could start a strong rally if it clears the key $2.450 resistance zone.EOS price is slowly recovering and approaching a crucial...
Read More »Report: China Prefers EOS and TRON to Bitcoin
Well, here’s something you don’t see every day. Bitcoin outranked by another coin… You may not believe it, but in China, that appears to be the case.China Isn’t Too Crazy About BitcoinChina has put out a list of its top digital currencies. It’s strange considering how strong of a presence bitcoin holds in the country, but according to the Center for Information and Industry Development (CCID) of China, bitcoin is only the 12th best coin available to traders. This is in sharp contrast to many...
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