EOS Makes Bullish Movement But A Long-Term Correction Is Yet To Be Seen 

The price of EOS is ranging against the USD With support levels at $3.5, $4.0, 4.5 and demand levels at $5.0, $6.0, $5.5. During yesterday’s trading session, EOS was on a sideways pattern that started on the 22nd of August. At the end of the trading session, EOS closed at $4.77. Today, EOS has shown some bullish pressure with the price moving toward $4.83. If EOS is able to break this resistance and move to the $5.0 level, another resistance will stop the upward movement. This is according to the price analysis of Azeer M on Bitcoin Exchange Guide.

EOS Is Bullish Against The USD

EOS is ranging between $5.0 and $4.0 with strong resistance at $5.00. If it is resisted at $5.0, a short trade might be initiated. This short trade should be be exited when the price reaches the support level. The signal line and the MACD line are below the zero line and this is a clear sell signal. The price is neither above or below the 26-day and 12-day EMA. The relative strength index is below 45 and this is an indication of a sideway trend.

EOS Price Today – EOS / USD


Short-term, EOS is trading in range. The hourly chart shows that the price is not above or below the 12 and 26-day EMA short-term. This means that the short-term trend is sideways.

EOS Gets Listed On RoboForex

RoboForex just announced that it is adding EOS to its portfolio. EOS will be available for trading on MT5 and MT4 platforms affiliated with the brokers. Operating since 2009, RoboForex is a subsidiary of RoboForex Group, a registered and IFSC-regulated establishment. The platform explorers the best innovations in trading and offers users a good environment for trading various assets.

RoboForex is an international asset broker that offers about 8 different assets with over 8,700 trading instruments to provide the best services to clients.


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