EOS/USD trades nearly 4% lower on the session but things looked so promising earlier. The price broke out of the consolidation zone and is now retesting the top of the area. EOS/USD 1-hour chart It was all looking so good for EOS/USD earlier in the session and now the price has dipped lower. The pair is currently 4% down and looks to be testing an old resistance zone. EOS like most cryptos has suffered lots over the last month. But the daily chart rejected 1.05 on March 13th. Looking at the MACD now the histogram just crossed the zero line to the downside. This is usually a bearish signal but can sometimes lag the price. The volume indicator is showing that more recently the buying volume is higher than the selling. But if there is a break into the old consolidation area it would be confirmed if the volume is high. If the volume is low it might be considered as a false break. The moving average is also providing some support at the moment and underneath price, the psychological 2.00 level may also help stem losses. Additional levels 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 Crypto Today: Bitcoin bulls have an opportunity for greater upside FX Street 2 years EOS/USD trades nearly 4% lower on the session but things looked so promising earlier. The price broke out of the consolidation zone and is now retesting the top of the area. EOS/USD 1-hour chart It was all looking so good for EOS/USD earlier in the session and now the price has dipped lower. The pair is currently 4% down and looks to be testing an old resistance zone. EOS like most cryptos has suffered lots over the last month. But the daily chart rejected 1.05 on March 13th. Looking at the MACD now the histogram just crossed the zero line… 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.
