EOS Daily Price Forecast – October 16

2018-10-16 11:55

EOS/USD Medium-term Trend: Ranging

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

Yesterday, October 15, the price of EOS had a price rally where the crypto's price reached the high of $6.08 but was repelled. Later, the price of EOS pulled back to the low of $5.57. The digital currency was repelled because the $6 price level is a resistance level. It is the upper level of price range. The cryptocurrency had not been able to break the $6 price level since October 8, 2018.

Currently, the price of EOS is fluctuating above the $5.5 price level. The crypto's price is expected to rise and retest the resistance level because the price is in the bullish trend zone. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In addition, the price of EOS is above the 12-day EMA and the 26-day EMA which indicates that price is rising.

EOS/USD Short-term Trend: Ranging

On the 1-hour chart, the price of EOS is in a sideways trend. The crypto's price and the exponential moving averages are horizontally flat. The price of EOS is above the 12-day EMA and the 26-day EMA which indicates that price is rising.

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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EOS (EOS) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.9581
Капитализация $0 Rank 99999
Цена в час новости $ 5.4382 (-100%)

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