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  • EOS rockets higher by some 12% within the latter stages of trading on Tuesday.
  • Next near-term resistance is seen at $9.00, support tracking at $8.50.


EOS price was seen up around 8.5% in the latter stages of trading on Tuesday, thanks to a chunky surge observed across the crypto market. A large pick up in volume, saw descending range-breakouts for the major altcoins.

EOS/USD had started the session very much slowly, trading within negative territory for much of Tuesday. It wasn’t too surprising initially, given the big moves seen on Monday, so it was standard to see some form of consolidation.

Technically, given the recent breakout, it does look quite inviting for the bulls to build further on this momentum seen now on Monday and now Tuesday. There is resistance just ahead of $9.00 territory, which saw the price fall short of achieving. The price was last above $9.00 on 7th July. Support level can be seen back within the $8.50 area.


EOS/USD 60-minute chart