Resistance levels: $ 6, $7, $8.
Support levels: $5, $4, $3.

Yesterday, October 31, the price of EOS was in a sideways trend. On October 29, the crypto’s price had been ranging above the $5.14 price level in the last few days. On October 31, the price of EOS had a bullish movement to the high of $5.25 and commenced another  range bound movement.

The crypto’s price is now above the 12-day EMA and the 26-day EMA indicating that price is likely to rise. Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal

On the 1-hour chart, the price of EOS is in a sideways trend. On October 31, the price fell to the low of $5 and made a bullish movement to the high of $5.30 but pulled back to the low of $5.27. The price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend. In the same vein, the MACD line and the signal line are above the zero line which indicates 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.

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