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    EOS Price Prediction Today: Daily (EOS) Value Forecast – July 29

    • On July 16, the downward trend was corrected at the support of the $3.65 price level.
    • On the upside, if the bulls break above the 12-day EMA and the 26-day EMA, the coin will retest the $7.5 price level.

    EOS/USD Medium-term Trend: Ranging

    • Resistance levels: $ 6.50, $7.00, $7.50.
    • Support levels: $4.00, $3.50, $3.00.

    Last week the price of EOS was in the bearish trend zone after the downward correction. On June 23, the EOS market was trading above the EMAs but was resisted at the $7.50 price level. The market fell as the bears broke the EMAs to the bearish trend zone.On July 16, the downward trend was corrected at the support of the $3.65 price level.

    On July 17, the bulls made an upward move and broke above the 12-day EMA but were resisted at the 26-day EMA. On the upside, if the bulls break above the 12-day EMA and the 26-day EMA, the coin will retest the $7.5 price level.

    On the other hand, if the bulls fail to break the EMAs, the crypto’ price will continue its range-bound move between the levels. Meanwhile, the EOS market is in the overbought region of the daily stochastic but below 80% range. This indicates that price is in a bearish momentum and a sell signal.

    EOS/USD Short-term Trend: Ranging

    On the 1-hour chart, the price of EOS is in a sideways trend. The 12-day EMA and the 26-day EMA are trending horizontally. On July 27, the bulls were resisted at the $4.70 price level as the bears broke the EMAs to reach the low of $4.20.

    The crypto’s price is now fluctuating above the $4.20 support level but below the EMAs. Meanwhile, the EOS market is in the overbought region of the daily stochastic but below 80% range. This indicates that price is in a bearish momentum and a sell signal.

    Live EOS (EOS) Price:

    1 EOS/USD =$2.3387 change ~ 1.20%

    Coin Market Cap

    $2.16 Billion

    24 Hour Volume

    $401.51 Million

    24 Hour VWAP

    $2

    24 Hour Change

    $0.0280

    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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    Avatar
    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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