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  • EOS price was seen up around 3% on Wednesday, managing to push back above $9.
  • A double-top formation was produced for EOS/USD at the highs of the session.

 

EOS/USD 60-minute chart

 

Spot rate:                                    9.0650

Relative change:               +2.90%

High:                                                   9.4323

Low:                                                      8.5189

 

Trend:                                                 Bullish

 

Resistance  1:                          9.4456, double top, 3rd and 4th July high.

Resistance 2:                          9.7300, 61.8% Fibonacci.

Resistance 3:                          10.5000, (resistance on 60-minute chart).

 

Support 1:                                  8.9699, 50MA.

Support 2:                                    8.5632, 100MA & demand zone.

Support 3:                                    8.1750, on top of previous broken wedge.