EOS is languishing in bear pressure after the weekend session failed to break past the key resistance at $4.00. Expect EOS continue with sideways trading in the short-term. EOS/USD opened this week’s trading at $3.81 and ascended to highs around $3.86. Like most of the assets on the market, EOS is languishing in bear pressure after the weekend session failed to break past the key resistance at $4.00. The crypto has not been able to recover following the devastating declines on February 24. The waterfall drop saw EOS plunged from the highs close to $4.5 to the lows around $3.25. In fact, since the beginning of March is capped at $4.00. At the same time, formidable support has been established at $3.25. Currently, EOS/USD is valued at $3.77. While the path towards $5.00 is going to be an uphill task, EOS equally supported by the bullish trendline, 50 SMA and the 100 SMA. I expect EOS continue with sideways trading in the short-term a trend emphasized by the RSI which is horizontal at 50. Besides, bear pressure is still present with the MACD sliding towards the negative region. Various support levels will come to the rescue of the crypto if declines progress below $3.25 starting with $3.0, $2.75 and $2.25. EOS/USD 4-hour 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 Gold moves sideways in upper half of daily range above $1300 FX Street 4 years EOS is languishing in bear pressure after the weekend session failed to break past the key resistance at $4.00. Expect EOS continue with sideways trading in the short-term. EOS/USD opened this week's trading at $3.81 and ascended to highs around $3.86. Like most of the assets on the market, EOS is languishing in bear pressure after the weekend session failed to break past the key resistance at $4.00. The crypto has not been able to recover following the devastating declines on February 24. The waterfall drop saw EOS plunged from the highs close to $4.5 to the lows around $3.25.… 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.
