The No. 10 coin consolidates before the next leg higher. EOS/USD’s technical set up favors the bulls. The spot set to end the week flat amid light trading. EOS/USD consolidates the overnight rally to $2.4980, adding nearly 2% so far this holiday-thinned Saturday’s trading. The spot extends the rebound into the third straight day, as the bulls now gather pace for the next push higher. The No. 10 crypto coin remains on track end the week almost unchanged. The market capitalization for EOS/USD stands at $2.29 billion. Short-term technical perspective EOS/USD hourly chart The spot is on the verge of a bullish pennant breakout, with an hourly close above 2.4768 likely to validate the pattern. The bulls will head towards the pattern target at $2.5695. Bolstering the bullish momentum in EOS/USD is a golden cross (50-HMA crossing above the 200-period HMA) spotted on the hourly sticks. While the coin trades above all major HMAs, the hourly Relative Strength Index (RSI) lies flat in the positive territory near 66.0. Alternatively, a break below the rising trendline support at $2.4620, the pattern will fail, opening doors for a test of the bullish 21-HMA at $2.4050. The aforesaid level is strong support, which could cap the retreat in the near-term. To conclude, the upside remains more compelling amid the bullish technical set up on the said time horizon. EOS/USD levels to watch FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Ripple Technical Report: XRP/USD remains bearish while below 21-DMA FX Street 3 years The No. 10 coin consolidates before the next leg higher. EOS/USD’s technical set up favors the bulls. The spot set to end the week flat amid light trading. EOS/USD consolidates the overnight rally to $2.4980, adding nearly 2% so far this holiday-thinned Saturday’s trading. The spot extends the rebound into the third straight day, as the bulls now gather pace for the next push higher. The No. 10 crypto coin remains on track end the week almost unchanged. The market capitalization for EOS/USD stands at $2.29 billion. Short-term technical perspective EOS/USD hourly chart The spot is on the verge of… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.