EOS Price Prediction Today: Daily (EOS) Value Forecast – July 22

 

  • On the upside, if the $3.60 support level holds, the crypto’s price will rise and break above the EMAs.
  • The price of EOS has reached the oversold region of the market as the buyers emerged from  a low of $3.30 price level.

EOS/USD Medium-term Trend: Bearish

  • Resistance levels: $ 6.50, $7.00, $7.50.
  • Support levels: $5.00, $4.50, $4.00.

Last week the price of EOS was in a bearish trend. The price of EOS has reached the oversold region of the market as the buyers emerged from  a low of $3.30 price level. The EOS market fell to the previous low of March 8. Yesterday, the market fell to the low of $3.60 price level and the support is holding.

On the the downside, if the bears break the $3.60 support level, the coin will further depreciate to a low at $3.0 price level. Meanwhile, the price of the EOS market is in the oversold region of the daily stochastic but above 40% range. This indicates that price is in a bullish momentum and a buy signal.

EOS/USD Short-term Trend: Bullish

On the 1-hour chart, the price of EOS is in a bearish trend. The 12-day EMA and the 26-day EMA are sloping southwardly. On July 16, the bears broke the EMAs and price fell to a low at $3.60 price level.

The $3.60 support level was holding as the bulls made an upward move above the EMAs. Meanwhile, the price of the EOS market is in the overbought region of the daily stochastic but below 20% range. This indicates that price is in a bearish momentum and a sell signal.

Live EOS (EOS) Price:

1 EOS/USD =$2.5975 change ~ 0.71%

Coin Market Cap

$2.43 Billion

24 Hour Volume

$376.9 Million

24 Hour VWAP

$3

24 Hour Change

$0.0185

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

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Azeez Mustapha
Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager - as well as an author.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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