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  • EOS was seen up on Friday with healthy gains of over 7%, inline with the rally seen across the crypto market.  
  • EOS/USD bulls have a challenge of breaking down sticky resistance heading into the $5 region, a breach could be very inviting to further upside.  

 

EOS/USD 60-minute chart


 

Spot rate:                    4.8410

Relative change:        +7.34%

High:                           5.0010

Low:                            4.4910

Trend:                         Bullish  

 

Resistance 1:              4.85-4.9500, supply zone.

Resistance 2:             5.0000, psychological resistance.  

Resistance 3:             5.1500, (resistance on 60-minute chart).

Support 1:                   4.7252, 50MA.

Support    2:                  4.6279, 100MA.

Support    3:                  4.3150, demand area.