EOS/USD is heading towards a major resistance level Price action points to a move higher but volumes dont confirm the move Market found support at 3.30 EOS/USD on the two-hour chart above is heading to a critical level of 3,800 and beyond that, the psychological 4,000 level lies in wait. Price action today has been bullish as it has been with most cryptocurrencies but the volume on the Kracken exchange is not supporting the bullish view. On August 15th price bounced off the key daily support level is 3,300 to move 12% higher to where we are today despite another test of the downside yesterday (21st August). The Daily chart below is showing 4,417 to be another major resistance zone if indeed the 3,800 manages to break. On the plus side, there has been a bullish cross in both indicators on the daily chart and the hourly indicators still seem to be in positive territory although the Stochastic is showing signs of exhaustion. 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 Dallas Fed’s Kaplan: Open minded on adjustment if see continued weakness – CNBC FX Street 4 years EOS/USD is heading towards a major resistance level Price action points to a move higher but volumes dont confirm the move Market found support at 3.30 EOS/USD on the two-hour chart above is heading to a critical level of 3,800 and beyond that, the psychological 4,000 level lies in wait. Price action today has been bullish as it has been with most cryptocurrencies but the volume on the Kracken exchange is not supporting the bullish view. On August 15th price bounced off the key daily support level is 3,300 to move 12% higher to where we are today despite… 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.