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- The bulls are again making a strong come back and concentrating on a gradual positive upsurge.
- The EOS/BTC pair showing a very positive sign with an increase of 7.76% bringing the level to 0.00037650.
EOS prices are currently trading between the levels of $2.70 and 2.60 and priming up to against the resistance line present at $2.73.
A heavy rise in the prices was developed due to the support line of $ 2.40. Prices did acquire a massive bearish momentum at $2.40 and the continued their trade in that momentum only.
After suffering a major fall in the price after maintaining a gradual climb in its previous trade is still haunting the prices as this climb also won’t result in another bearish trap. As there is a heavy resistance up above the level of $2.730 which gets triggered when aver prices reach $2.700
EOS‘ current market capital is $2,441,453,702 USD with volume traded of $3,965,531,359 USD and circulative supply of 921,832,881 EOS.
EOS Price Analysis
There is powerful positive momentum in the prices of the altcoin. Eos is making a strong recovery as it is gaining the momentum it was lacking and now there is a bullish momentum in all aspects of the technical chart.
The technical indicators and oscillators are switched to blues as they are showing an increase in the buying volume mean the emergence of bulls in the market likely possible to last for a medium period.
The MACD levels showing an increase in the buying volume of the cryptocurrency, after a major bearish dominance as prices finally made a breakout.
The 24hr-RSI is moving in the bullish region and trading with a slight positive momentum right below the level of 60 and still seeking heights.
The 24hr-CCI touched the highest point of the over buying region. It was trading at the bottom of the normal region but then it acquired positive support and reaches the highest point possible.
Resistance level: $2.70
Support level: $2.60
