Litecoin defends trendline support amid sideways trading movement. LTC/USD immediate upside capped at $3.2 while the range limit at $3.0 provides support. EOS is trending higher from the recent low of $2.4. However, movement north has been limited at $3.4. EOS is also consolidating within a narrow range between $3.0 and $3.2. The price is trading slightly above the 50 Simple Moving Average (SMA) on the four-hour chart. The 100 SMA is in line to offer support at $3.039. Also offering immediate support is the 38.2% Fib retracement level taken between the last swing high of $4.24 and a swing low of $2.4. The Relative Strength Index (RSI) is moving downwards at 50 and is a signal for an ongoing bearish momentum. If the downward slopping continues EOS could retest the ascending trendline support. The Moving Average Convergence Divergence (MACD) is leveling at 0.000 which currently signifies a possible consolidation and sideways trend. EOS/USD 240′ 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 EUR/USD drops to session lows near 1.1010 ahead of ZEW FX Street 4 years Litecoin defends trendline support amid sideways trading movement. LTC/USD immediate upside capped at $3.2 while the range limit at $3.0 provides support. EOS is trending higher from the recent low of $2.4. However, movement north has been limited at $3.4. EOS is also consolidating within a narrow range between $3.0 and $3.2. The price is trading slightly above the 50 Simple Moving Average (SMA) on the four-hour chart. The 100 SMA is in line to offer support at $3.039. Also offering immediate support is the 38.2% Fib retracement level taken between the last swing high of $4.24 and a… 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.
