EOS climbs back above $7.00 amid global recovery. Ultimate $8,00 is still out of reach. EOS, the 5th digital coin by market value, gained over 5% on a daily basis and moved marginally above $7.00 handle during early Asian hours. The upside is caused by general recovery on the cryptocurrency market, where all major coins are trading on a green territory. EOS/USD experienced a strong growth of trading volumes that exceeded $2B for a short period of time. Currently the coin is consolidating gains as trading activity is fading away. EOS technical picture The intraday picture looks better as the price managed to intersect 50-SMA (1-hour chart) and critical $7.00. However, $8.00 is the ultimate resistance for the coin. It is strengthened 78.6% Fibo level 200-SMAs on 1-hour chart. Once it is cleared, $9.00 will come into focus. On the downside, if the move above $7.00 proves to be unsustainable, the selling pressure may be extended towards $6.00 and $5.70. EOS/USD, 1-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 India: August rate hike likely on elevated core – Nomura FX Street 5 years EOS climbs back above $7.00 amid global recovery. Ultimate $8,00 is still out of reach. EOS, the 5th digital coin by market value, gained over 5% on a daily basis and moved marginally above $7.00 handle during early Asian hours. The upside is caused by general recovery on the cryptocurrency market, where all major coins are trading on a green territory. EOS/USD experienced a strong growth of trading volumes that exceeded $2B for a short period of time. Currently the coin is consolidating gains as trading activity is fading away. EOS technical picture The intraday picture looks better as… 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.
