TL;DR Breakdown Slight rise in price levels have been observed today.The price levels have risen to $5.2 level, according to EOS price analysis.Reasonable amount of support is found at $4.73. The 1-day and four-hour candlesticks charts showing EOS price analysis are going strong for the bulls. The latest updates show that the price has increased up to $5.2, which is a great improvement considering the past trends. There is an imminent possibility that the price levels can cross the resistance found at $5.47 in the near future. There has been a constant rise in the price today, with a sudden appearance of bearish candlesticks all over. 1-day EOS/USD price chart: Bears showcase resistance, drop the value to $5.2 The 1-day price chart showing EOS price analysis is informing us of the building bearish momentum. The price levels have unexpectedly lowered to $5.22 after a strong recovery was observed during the past few days. The bearish pressure has taken the price levels slightly below the Moving Average (MA) value i.e. $5.23. The volatility is also towards the bearish side, and which is not a positive signal for the buyers. Moreover, the Bollinger band average has also increased to $4.72, as seen from the chart. EOS/USD 1-day price chart. Source: TradingView The Relative Strength Index (RSI) score on the other hand seems promising at 61.54, as the past days have been supportive for the bulls. The Bollinger bands seem to be expan...
