TL;DR Breakdown EOS/USD has been trading in a bullish trend on the 5-day EOS price analysis chartPrice attempting to break above the recent all-time high.The Balance of Power indicator has been generally positive, indicating that the buying strength is more than the selling preasure.The general view of the cryptocurrency heat map is bullish. EOS price analysis: General price overview The EOS/USD has been trading in a bullish trend on the five-day EOS price analysis chart, with prices attempting to break above the recent all-time high. EOS/USD started the daily price analysis chart with a weak bullish momentum at the intraday high of $5.4, where the sellers caused a strong resistance making the price decline sharply. Bulls created support at $5.3 to reverse the bearish trend. The support was not strong enough to push the bulls to the intraday high. The EOS/USD pair traded in a moderate momentum as the bulls searched for stable support to push it higher. The buyers created solid support at $5.1. The support made the bulls surge up to $5.3, where the sellers concentrated, creating a strong resistance that the bulls could not break. Past the resistance. The general view of the cryptocurrency heat map is bullish. This is because most parts of the cryptocurrency heat map are green. Source: Coin360 Bitcoin was having terrible early trading hours as it dropped slightly below $49K before the bulls gained the upward momentum to send t...
