Home EOS Technical  Analysis: EOS/USD jumps higher, but lacks momentum, will look to retreat and retest major near-term support
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EOS Technical  Analysis: EOS/USD jumps higher, but lacks momentum, will look to retreat and retest major near-term support

  • EOS price on Wednesday received some renewed bidding jumping as much as 4%.
  • EOS/USD is being well-supported near-term by an ascending trend line.  

 

EOS/USD 60-minute chart  

 

Spot rate:                    5.6041

Relative change:        +3.50%

High:                           5.7800

Low:                            5.2340

 

Trend:                         Bullish.

 

Resistance 1:                5.7855,  resistance on 60-minute chart.

Resistance 2:                6.0980, 23-24 September top area.

Resistance 3:                6.2000, supply zone.

Support 1:                   5.6000, support on 60-minute chart.

Support 2:                     5.2295, ascending trend line.

Support 3:                   5.0000, demand zone.

 

 

 

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