Home EOS/USD: Price keeps on rising as bulls take price up by a further 4% – Technical Analysis
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EOS/USD: Price keeps on rising as bulls take price up by a further 4% – Technical Analysis

EOS/USD daily chart

  • The EOS/USD daily market had a bullish breakout from the flag formation.
  • The market is looking to breach the 150-day simple moving average (SMA 150) curve.

EOS/USD 4-hour chart

  • The EOS/USD 4-hour chart shows that the market is trying to breach the resistance at $3.75.

EOS/USD hourly chart

  • EOS/USD hourly chart shows that the bears are trying to stabilize the momentum.
  • The 20-day Bollinger band shows that the market is becoming less volatile.
  • The moving average convergence/divergence (MACD) shows that the momentum has shifted towards the bears in the short term.

Key Levels

  • Resistance 3: $4.48140
  • Resistance 2: $4.04070
  • Resistance 1: $3.79290
  • Pivot Point: $3.35220
  • Support 1: $3.10440
  • Support 2: $2.66370
  • Support 3: $2.41590

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