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EOS/USD May Spike Above $1.0 Level

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The EOS value prediction faces the upside because the coin crosses above the 9-day and 21-day shifting averages to attain $1.10.

EOS Prediction Statistics Data:

  • EOS value now – $0.94
  • EOS market cap – $1 billion
  • EOS circulating provide – 1 billion
  • EOS whole provide – 1 billion
  • EOS Coinmarketcap rating – #40

EOS/USD Market

Key Levels:

Resistance ranges: $1.30, $1.40, $1.50

Support ranges: $0.65, $0.55, $0.45

EOS/USD is hovering above the 9-day and 21-day shifting averages to start the bullish motion inside the channel. According to the each day chart, the EOS value is doubtless to shoot to the upside because the technical indicator Relative Strength Index (14) strikes to cross above the 50-level. Therefore, the market is projecting a unstable motion the place EOS might proceed to observe the bullish motion.

EOS Price Prediction: EOS Price Aims on the Upside

As the each day chart reveals, the EOS value touches the each day excessive at $1.01 right this moment in order that the coin can create extra excessive ranges. On the opposite hand, any bearish motion under the 9-day and 21-day shifting averages may carry the value to the help ranges of $0.65, $0.55, and $0.45.

However, contemplating a steady bullish motion for this coin, EOS/USD might spike above the higher boundary of the channel to hit the potential resistance ranges of $1.30, $1.40, and $1.50 within the long-term bullish. Nevertheless, the technical indicator Relative Strength Index (14) is doubtless to cross above the 50-level, suggesting extra bullish actions for the market.

Against Bitcoin, the EOS value is seen buying and selling above the 9-day and 21-day shifting averages the place the value is anticipated to break to the upside. However, ought to the value succeed, it might cross above the higher boundary of the channel which may contact the potential resistance stage of 700 SAT and above.

EOSBTC – Daily Chart

On the opposite, if the EOS value slides and faces the decrease boundary of the channel, it may find the help at 450 SAT and under. Moreover, the technical indicator Relative Strength Index (14) is shifting to cross above the 60-level, which means that the EOS value might proceed with the bullish motion.

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