- EOS price jumps a chunky 4.5% within just an hour, seen up 2% in the latter stages of trading on Wednesday.
- EOS/USD escapes the consolidation range, after enters this from the heavy selling pressure on Monday.
- The price is heading towards a retest on top of the breached range bound moving channel.
EOS/USD 60-minute chart
Spot rate: 5.2484
Relative change: +2.09%
Support 1: 5.1802, above sideways channel.
Support 2: 5.1555. 50MA (60-minute).
Support 3: 5.0935, lower part of range channel.
Resistance 1: 5.2809, 100MA (60-minute).
Resistance 2: 5.4345, resistance (60-minute).
Resistance 3: 5.5055, supply zone.