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  • EOS price has been very much choppy on Wednesday, nursing minor losses of some 0.6%.
  • EOS/USD price action has been vigorously moving underneath and retesting a broken ascending channel.  

 

EOS/USD 4-hour chart  


 

Spot rate:                    5.0349

Relative change:        -0.61%

High:                           5.2255

Low:                            4.9065

 

Trend:                         Bearish/Neutral

 

Support 1:                  4.9404, support on 4-hour chart.  

Support 2:                  4.6638, 8 & 17 September low area.  

Support 3:                  4.5127, demand area.

Resistance  1:             5.1340, underneath broken channel & 50MA (4-hour).

Resistance  2:             5.3355,  100MA (4-hour).

Resistance  3:             5.6293, upper trend line of channel.