EOS gained over 2% since this time on Wednesday. Rangebound sentiments prevail, in line with the broader market, EOS, the 5th largest coin with the market cap $4.7B and average daily trading volume $653M is changing hands at $5.26, down from Wednesday’s high at $5.31. The coin has been trading between $5.3 and $5.0 since the breakthrough from the range on October 29. EOS technical picture Looking technically, EOS/USD is supported by the above said $5.00 handle. This psychologically important area and also September 26 low is likely to stop the sell-off; however, once it is broken, the downside momentum might gain traction with the next aim at $4.76, which is the lowest level since September 18. On the upside, the recovery is capped by $5.34 (SMA50, 4-hour). This resistance is followed by a congestion zone at $5.46 strengthened by SMA100. The upper border of the recent channel at $5.60 is likely to stop the recovery for the time being, while sustainable movement above psychological $6.0 to mitigate mid-term bearish pressure. EOS/USD, 4-hour chart 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 BoE Preview: 7 Major Banks expectations from November meeting FX Street 4 years EOS gained over 2% since this time on Wednesday. Rangebound sentiments prevail, in line with the broader market, EOS, the 5th largest coin with the market cap $4.7B and average daily trading volume $653M is changing hands at $5.26, down from Wednesday's high at $5.31. The coin has been trading between $5.3 and $5.0 since the breakthrough from the range on October 29. EOS technical picture Looking technically, EOS/USD is supported by the above said $5.00 handle. This psychologically important area and also September 26 low is likely to stop the sell-off; however, once it is broken, the downside momentum… 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.
