- EOS price down over 1% on Wednesday, as the price continues to fail attempt moving above resistance.
- EOS/USD has faced further rejection by a descending trend line, running since 28th September.
EOS/USD 60-minute chart
Spot rate: 5.5473
Relative change: -1.20%
High: 5.6225
Low: 5.4071
Trend: Bearish
Support 1: 5.5000, support on 60-minute chart.
Support 2: 5.4000, demand area.
Support 3: 5.3254, long wick, low 30 September.
Resistance 1: 5.6000, descending trend line.
Resistance 2: 5.7645, supply area.
Resistance 3: 5.9000, resistance on 60-minute chart.