EOS Explains Why More Than 25 Accounts Were Freezed
cryptocurrency-event-2018

EOS/USD Medium-term Trend: Bearish

Resistance levels: $ 8.5, $9.0, $9.5
Support levels: $7.5, $7.0, $6.5

Yesterday, June 25, price of EOS was in a bearish trend. The cryptoasset also fell to the low of $7.10 but price made a pullback to the high of $7.79. Thereafter, the price of EOS is now in a sideways trend. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.

Also, the 12-day EMA and the 26-day EMA are above the price bars of EOS which indicates that the bearish trend is ongoing. Meanwhile, the Bollinger Bands contracted when the market was quiet and in a sideways trend. Also, the Bollinger Bands expanded when price fell to its low at $7.10. However, the relative strength index period 14 is level 42 which indicates that price is in the range bound zone

EOS/USD Short-term Trend: Bullish

On the 1-hour chart, the price of EOS is in a bullish trend. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. Also, the price bars of EOS are above the 12-day EMA and the 26-day EMA which indicates that the bullish trend is ongoing.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[FREE] Get Our Best Crypto Trading, Mining & Investing Hacks:

cryptocurrency-event-2018

*Action Required* Enter Your Email To Get Insight For Trending Coin News & Reviews

I will never give away, trade or sell your email address. You can unsubscribe at any time.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

8 + thirteen =