- The bulls were resisted at the $5.10 price level and the price was retracing to support of the EMAs.
- If the 12-day EMA holds, the crypto’s price will rise to reach the previous highs of $5.40 and $6.0.
- On the other hand, if price retraced and broke below the EMAs, the crypto’s price will fall to a low at $4.60 .
EOS/USD Medium-term Trend: Bullish
- Resistance levels: $ 6, $7, $8.
- Support levels: $4, $3, $2.
Yesterday, April 30, the price of EOS was in a bullish trend. Yesterday, the bulls broke the 12-day EMA and the 26-day EMA to reach a high at $5.09. The bulls were resisted at the $5.10 price level and the price was retracing to support of the EMAs.
If the support level holds, the crypto’s price will resume its bullish trend to retest the $5.10 and $5.40 resistance levels. On the other hand, if price retraced and broke below the EMAs, the crypto’s price will fall to a low at $4.60. Meanwhile, the stochastic is in the overbought region but above the 80% range. This indicates that the price of EOS is in strong bullish momentum and a buy signal.
EOS/USD Short-term Trend: Bullish
On the 1-hour chart, the price of EOS was in a bullish trend zone. The 12-day EMA and the 26-day EMA are trending northward indicating that price is in a bullish trend zone. The price of EOS is falling and has reached the support of the 12-day EMA.
If the 12-day EMA holds, the crypto’s price will rise to reach the previous highs of $5.40 and $6.0. The price of EOS is trading at $5.00 as at the time of writing. Meanwhile, the stochastic is in the overbought region but below the 60% range. This indicates that the price of EOS is in a bearish momentum and sell signal.
Live EOS (EOS) Price:
1 EOS/USD =$4.7484 change ~ 4.98%
Coin Market Cap
$4.48 Billion
24 Hour Volume
$665.62 Million
24 Hour VWAP
$5
24 Hour Change
$0.2363
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.
