- EOS was seen up on Friday with healthy gains of over 7%, inline with the rally seen across the crypto market.
- EOS/USD bulls have a challenge of breaking down sticky resistance heading into the $5 region, a breach could be very inviting to further upside.
EOS/USD 60-minute chart
Spot rate: 4.8410
Relative change: +7.34%
High: 5.0010
Low: 4.4910
Trend: Bullish
Resistance 1: 4.85-4.9500, supply zone.
Resistance 2: 5.0000, psychological resistance.
Resistance 3: 5.1500, (resistance on 60-minute chart).
Support 1: 4.7252, 50MA.
Support 2: 4.6279, 100MA.
Support 3: 4.3150, demand area.