EOS Price Analysis: Signs of Fresh Increase Toward $0.95
• EOS price is trading in a bearish zone below the $0.90 support against the US Dollar.
• There is a key bullish trend line forming with support near $0.8760 on the 4-hour chart of the EOS/USD pair.
• If there is a clear move above $0.90 and $0.925 resistance levels, the price could start a fresh increase.
EOS Price Analysis
EOS price is currently trading in a bearish zone below the $0.90 support against the US Dollar. A key bullish trend line is forming with support near $0.8760 on the 4-hour chart of the EOS/USD pair which could indicate an upcoming upside correction if it breaks through resistance levels at $0.90 and $0.925 respectively.
Key Support Levels
Immediate support for EOS lies at around the $0.876 level or along its trend line, while further down at around the $0.85 level should provide additional backing if needed along its downside journey towards possible new lows beneath current levels of pricing.
On its upside journey, immediate resistance will be met at around the $0.90 level or along its 76% Fib retracement level from downwards move between prices of high swing being set at around 0$ 09260 to low swing being set at around 0$ 08277 respectively; while further up prices may possibly test their next major resistance lying near he $0925 mark before looking to make any further attempts towards breaking past their psychological barrier of one dollar with possible highs coming into play for as far as beyond that point in time as well as space too .
4 hours MACD – The MACD for EOS/USD has been losing pace in bearish territory; 4 hours RSI (Relative Strength Index) – The RSI is now above fifty indicating that prices may soon break out from current market conditions and turn back up in bullish direction again soon enough .