EOS price is trading in a bullish zone above the $2.650 support against the US Dollar.The bulls are facing a couple of key hurdles near the $2.800 and $3.000 levels.There is a major contracting triangle forming with resistance near $2.750 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).A clear break above $2.750 and $2.800 is likely to pump the price above the $3.000 barrier.EOS price is following a nice uptrend above the $2.500 pivot area against the US Dollar, similar to...
Read More »EOS Price Analysis: Is This Fresh Reversal To $2.8 or $3.0
EOS price is trading in a positive zone above the $2.200 resistance against the US Dollar.The price is likely to continue higher if it clears the $2.300 resistance area.There was a break above major bearish trend line with resistance near $2.230 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).There are a few key hurdles on the upside, starting with $2.300 and up to $2.520.EOS price is currently gaining bullish momentum towards $2.500 against the US Dollar, similar to...
Read More »EOS Price Analysis: Bulls In Control For More Gains Above $2.5
EOS price is trading in a positive zone above the $2.150 support against the US Dollar.The price is likely to start a strong increase if it breaks $2.400 and $2.500.There is a key contracting triangle forming with resistance near $2.400 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The current price action is positive and suggesting more gains above $2.400 and $2.500.EOS price is slowly gaining bullish momentum above $2.200 against the US Dollar, similar to bitcoin. A...
Read More »EOS Price Analysis: Rallies Remain Capped Near $2.40 and $2.50
EOS price declined heavily and broke the $2.600 and $2.400 support levels against the US Dollar.The price is likely to face a strong selling interest near the $2.300 and $2.400 levels.There is a major contracting triangle forming with resistance near $2.000 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).There are many key supports on the downside, starting with $1.800 and $1.650.EOS price is showing a few bearish signs below $2.500 against the US Dollar, similar to...
Read More »EOS Price Analysis: Turned Sell on Rallies Near $3.00 and $3.20
EOS price is facing an increase in selling pressure below $3.000 against the US Dollar.The price is testing the $2.850 support and it could extend its decline.There is a key declining channel forming with resistance near $3.080 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).An upside correction may perhaps face sellers near the $3.000 and $3.200 resistance levels.EOS price is back in a bearish zone below $3.200 against the US Dollar, similar to bitcoin. It seems like the...
Read More »EOS Price Analysis: Bears Are Back In Control, Sell Rallies?
EOS price started a major decline from the $4.429 swing high against the US Dollar.The price broke many key supports near the $4.000 and $3.800 levels.There is a key bearish trend line forming with resistance near $3.880 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct higher, but the bears are likely to remain active near $3.800.EOS price is down more than 10% and it broke the key $3.800 support against the US Dollar, similar to bitcoin. It seems like...
Read More »EOS Price Analysis: Decline To Extend Below $3.80
EOS price failed to stay above $5.000 and declined heavily below $4.400 against the US Dollar.The price even dipped below the $4.000 support area and tested the $3.650 level.There was a break below an ascending channel or a bearish flag with support near $4.400 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could struggle to recover above $4.200 and $4.400 in the near term.EOS price is showing signs of more weakness below $4.000 against the US Dollar, similar to...
Read More »EOS Price Analysis: Rally Could Extent To $7.00 or $7.50
EOS price is surging higher and it broke the $5.000 resistance level against the US Dollar.The price traded to a new 2020 high at $5.517 and it is currently consolidating gains.There is a major bullish trend line forming with support near $5.100 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to continue higher towards the $6.000 and $6.500 resistance levels.EOS price is gaining bullish momentum above the $5.000 resistance against the US Dollar, similar...
Read More »EOS Price Analysis: Bulls Are Not Done Yet, $5.0 Next?
EOS price gained pace and traded above the $3.880 and $4.000 resistance levels against the US Dollar.The price traded as high as $4.148 and recently corrected lower.There is a key bullish flag forming with resistance near $4.075 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to resume its upward move once it clears the $4.10 and $4.150 resistance levels.EOS price is trading in a nice uptrend above the $3.850 support against the US Dollar, similar to...
Read More »EOS Price Analysis: Risk of Additional Losses Below $3.5
EOS price started a downside correction after trading to a new yearly high at $4.073 against the US Dollar.The price is declining and it recently broke the $3.800 support area.There was a break below a key bullish trend line with support near $3.600 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair remains at a risk of additional losses below $3.550 and $3.500 in the near term.EOS price is correcting lower from the recent high against the US Dollar, just like...
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