EOS Daily Price Forecast – December 19

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Steve Anderrson
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain. Join the official channel of thecoinrepublic, For the latest news updates: https://t.me/thecoinrepublic


Yesterday, December 18, the cost of EOS was in a bullish pattern. The cost of EOS was fluctuating over the 12-day EMA before the bullish breakout. The crypto’s cost is out of the bearish pattern zone. For the bullish pattern to be supported, the cost of EOS needs to stay over the exponential moving midpoints.

EOS/USD Short-term Trend: Bullish

In the interim, the cost is EOS is over the 12-day EMA and the 26-day EMA demonstrating that cost is in the bullish pattern zone. Additionally, the MACD line and the flag line are over the zero line which shows a purchase flag. The Stochastic is in the overbought area over the 80% territory which shows that EOS has a solid bullish force and a purchase flag.

On the 1-hour diagram, the cost of EOS is in a bullish pattern. The crypto’s cost is in a smooth uptrend as value makes a progression of higher highs and higher lows. The 12-day EMA and the 26-day EMA are inclining northward.

By and by, the crypto’s cost is at present following from its high. In the interim, the crypto’s cost is over the 12-day EMA and the 26-day EMA showing that cost is in the bullish pattern zone. Likewise, the MACD line and the flag line are over the zero line which demonstrates a purchase flag.

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