Connect with us

EOS

EOS Daily Price Forecast – March 14

Published

on

  • The price of EOS fell at the low of $3.58 and commenced a range bound movement.
  • On the other hand, if the bulls break the EMAs, the crypto’s price will rise and retest the $4.0 resistance level.

EOS/USD Medium-term Trend: Ranging

  • Resistance levels: $ 6, $7, $8.
  • Support levels: $3, $2, $1.

Yesterday, March 13, the price of EOS was in a bearish trend. On March 12, the crypto’s price was in a bullish trend. It was assumed that the price would fall below the 12-day EMA and the 26-day EMA. The price of EOS fell at the low of $3.58 and commenced a range bound movement. The crypto’s price is below the EMAs which indicate that price is likely to fall.

On the downside, if the bulls fail to break above the EMAs, the crypto’s price will fall. On the other hand, if the bulls break the EMAs, the crypto’s price will rise and retest the $4.0 resistance level. Also, the stochastic is out of the oversold region but above the 40% range. This indicates that the price of EOS is in a bullish momentum and a buy signal.

EOS/USD Short-term Trend: Ranging

On the 1-hour chart, the price of EOS is in a sideways trend. Yesterday, the bulls broke the 12-day EMA and the 26-day EMA to reach a high of $3.69 but were resisted. The price of EOS fell back to the EMAs and it is range bound above the $3.63 price level.

The crypto’s price is neither above nor below the EMAs which indicate price is in sideways trend zone. The stochastic indicator is out of the oversold region but below the 60% range. This indicates that price is in a bullish momentum and a buy signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Source.bitcoinexchangeguide

Advertisement
Click to comment

EOS

EOS Price Doesn’t Budge as EOSFinex Beta Release Draws Near

Published

on

As the top markets continue to struggle for any real traction, it quickly becomes apparent today will not be the best of days for most currencies. The EOS price, while looking somewhat promising on the hourly chart, has yet to overcome a few hurdles along the way. For the time being, this market falls victim to the same bearish pressure as all other top cryptocurrencies. Not the trend traders had hoped for, but the ship can be turned around with too many problems.

EOS Price Shows Some Signs of Promise

It is evident the current cryptocurrency market trend is not too promising for most of the top markets. That is not entirely abnormal, as nearly everything in the top 15 will follow Bitcoin’s lead when it comes to price changes. EOS is a dutiful follower in this regard, even though holders and traders had expected something entirely different. Bucking the pressure will not be easy by any means, but it is not impossible either.

Over the past 24 hours, the EOS price has reduced by 1.54% in USD value, bringing the price down to $3.67. There is also a smaller EOS/BTC downtrend with a 0.62% loss. Because of this second development, the current value sits at 90,736 Satoshi. Neither of these trends is exactly beneficial to EOS, but it seems the EOS/BTC losses can be offset without too many problems. The current trading volume is also interesting, as it sits at $1.663bn.

There are quite a few interesting EOS-related developments on the horizon, by the look of things. First of all, the EOSFinex platform has gotten closer to being released. It is expected a beta will become accessible in the next few weeks to come, That in itself will bring some positive attention to the platform itself, as well as the EOS currency in its own right  Whether or not it can impact the EOS value in any way, is a different manner.

There is also some community excitement regarding the EOS World Expo. It is a good example of how this ecosystem continues to grow. According to the official Twitter account, there is a growing list of apps and attendees to keep an eye on. Additionally, there may be multiple announcements in the coming weeks, although no further details have been provided in this regard. An interesting future lies ahead either way, although no price impact is expected at this time either.
When looking at the bigger picture, it quickly becomes apparent things are looking neither bad nor good for EOS at this time. If the EOS/BTC can be overcome without too many problems, there is a good chance the situation will improve sooner rather than later. A push to $3.75 would certainly become plausible at that time, although no one can accurately predict how things will evolve in the coming hours, especially with the weekend right around the corner.
Continue Reading

EOS

EOS Price Doesn’t Budge as EOSFinex Beta Release Draws Near

Published

on

As the top markets continue to struggle for any real traction, it quickly becomes apparent today will not be the best of days for most currencies. The EOS price, while looking somewhat promising on the hourly chart, has yet to overcome a few hurdles along the way. For the time being, this market falls victim to the same bearish pressure as all other top cryptocurrencies. Not the trend traders had hoped for, but the ship can be turned around with too many problems.

EOS Price Shows Some Signs of Promise

It is evident the current cryptocurrency market trend is not too promising for most of the top markets. That is not entirely abnormal, as nearly everything in the top 15 will follow Bitcoin’s lead when it comes to price changes. EOS is a dutiful follower in this regard, even though holders and traders had expected something entirely different. Bucking the pressure will not be easy by any means, but it is not impossible either.

Powered by CoinMarketCap

Over the past 24 hours, the EOS price has reduced by 1.54% in USD value, bringing the price down to $3.67. There is also a smaller EOS/BTC downtrend with a 0.62% loss. Because of this second development, the current value sits at 90,736 Satoshi. Neither of these trends is exactly beneficial to EOS, but it seems the EOS/BTC losses can be offset without too many problems. The current trading volume is also interesting, as it sits at $1.663bn.

There are quite a few interesting EOS-related developments on the horizon, by the look of things. First of all, the EOSFinex platform has gotten closer to being released. It is expected a beta will become accessible in the next few weeks to come, That in itself will bring some positive attention to the platform itself, as well as the EOS currency in its own right  Whether or not it can impact the EOS value in any way, is a different manner.

There is also some community excitement regarding the EOS World Expo. It is a good example of how this ecosystem continues to grow. According to the official Twitter account, there is a growing list of apps and attendees to keep an eye on. Additionally, there may be multiple announcements in the coming weeks, although no further details have been provided in this regard. An interesting future lies ahead either way, although no price impact is expected at this time either.

The recently issued “rankings” of blockchain ecosystems released by the CCID continues to spark many different discussions. There are plenty of people who consider EOS and Tron to be on the same level, even though the CCID has a very different opinion. EOS is favored for its creativity and basic tech, whereas Tron seemingly has better applicability. Rest assured these rankings will continue to shift around quite regularly in the months to come.

When looking at the bigger picture, it quickly becomes apparent things are looking neither bad nor good for EOS at this time. If the EOS/BTC can be overcome without too many problems, there is a good chance the situation will improve sooner rather than later. A push to $3.75 would certainly become plausible at that time, although no one can accurately predict how things will evolve in the coming hours, especially with the weekend right around the corner.

News Source

Continue Reading

EOS

EOS Price Prediction Today: Daily (EOS) Value Forecast – March 21

Published

on

  • Presently, the crypto’s price is facing resistance at the $3.8000 price level. All the price bars are ranging below the $3.8000 price level.
  • On the upside, the bulls must break above the $3.8000 resistance level for the crypto’s price to reach the previous highs.

EOS/USD Medium-term Trend: Ranging

  • Resistance levels: $ 6, $7, $8.
  • Support levels: $3, $2, $1.

Yesterday, March 20, the price of EOS was in a sideways trend. The 12-day EMA and the 26-day EMA were trending horizontally indicating the sideways trend. The crypto’s price is ranging at the $3.78 price level. Presently, the crypto’s price is facing resistance at the $3.8000 price level. All the price bars are ranging below the $3.8000 price level.

On the upside, the bulls must break above the $3.8000 resistance level for the crypto’s price to reach the previous highs. On the other hand, if the bulls fail to break above a resistance level, the price of EOS will resume its range bound movement. Meanwhile, the stochastic is in the overbought region but above the 60% range. This indicates that the price of EOS is in a bullish momentum and a buy signal.

EOS/USD Short-term Trend: Ranging

On the 1-hour chart, the price of EOS was in a sideways trend. Yesterday, the bulls broke the EMAs, and tested the $3.8043 resistance level. The bears broke below the EMAs as the price fell to the bearish trend zone.

The bulls tested the $3.8000 price twice and were resisted. The crypto’s price has fallen into the bearish trend zone. Also, the stochastic is out of the overbought region but below the 60% range. This indicates that the price of EOS is in a bearish momentum and a sell signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Source.bitcoinexchangeguide

Continue Reading
Advertisement
Advertisement
Open

Close