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EOS

EOS Price Analysis: Next up for EOS/USD is the 2.90 resistance level

  • EOS/USD  trades 4.5% higher as most of the crypto majors are in the red.
  • There are a few key resistance zones in close proximity. 

EOS/USD 4-hour chart

EOS is in bull market territory and a break of the 2.90 resistance zone will confirm the trend. The market has been making higher highs and higher lows since May and the trend looks set to continue. 

If the aforementioned level breaks then the psychological 3.00 level and 3.12 high on the chart could be next. The signs are good as the price is trading above both the 55 and 200 moving averages and this is traditionally a bullish sign.

Looking closer at the technical indicators, the Relative Strength Index looks to be heading to the overbought area but still has some space to move to the upside. The MACD is also looking good as the histogram just moved over the mid-line into the green. The signal lines are also over the zero level which is also a bullish sign. 

EOS bull market

Additional levels

EOS/USD

OVERVIEW
Today last price2.8497
Today Daily Change0.12740
Today Daily Change %4.68
Today daily open2.7223
TRENDS
Daily SMA202.62257
Daily SMA502.66071
Daily SMA1002.65599
Daily SMA2003.00175
LEVELS
Previous Daily High2.7476
Previous Daily Low2.6651
Previous Weekly High2.6747
Previous Weekly Low2.45
Previous Monthly High3.0136
Previous Monthly Low2.2606
Daily Fibonacci 38.2%2.71608
Daily Fibonacci 61.8%2.69662
Daily Pivot Point S12.67573
Daily Pivot Point S22.62917
Daily Pivot Point S32.59323
Daily Pivot Point R12.75823
Daily Pivot Point R22.79417
Daily Pivot Point R32.84073

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