EOS Price Prediction Today: Daily (EOS) Value Forecast – July 3
EOS/USD Medium-term Trend: Bearish
- Resistance levels: $ 6.50, $7.00, $7.50
- Support levels: $5.50, $5.00, $4.50.
Yesterday, July 2, the price of EOS fell to its low at $5.88 and commenced a sideways trend. The EOS/USD pair was previously in a bullish trend as the crypto reached a high of $8.50 price level. However, the resistance at the $8.50 price level caused the crypto to fall. The downward correction was done on June 4 at a low of $6.29.
Nevertheless, at the low of $ 6.29, the bulls made an upward move but were resisted at the $7.50 resistance level. From the $7.50 resistance level, the price fell to another low at $5.88 price level. The EOS market is now trading at $5.88 below the 12-day EMA and the 26-day EMA.
On the upside, if the bulls break above the EMAs, the crypto’s price will rise to retest the $7.50 price level. On the downside, if the bearish pressure continued the crypto’s price will reach the low of $ 5.0 price level. Meanwhile, the EOS market is at the oversold region of the daily stochastic but below the 20% range. This indicates that price is in a bearish momentum and a sell signal.
EOS/USD Short-term Trend: Bearish
On the 1-hour chart, the price of EOS is facing resistance at the $6.10 price level. The crypto’s price is below the 12-day EMA and the 26-day EMA which suggest that price is likely to fall. Today, the bulls make an upward move but were resisted at the $6.40 price level. Meanwhile, the EOS market is at the oversold region of the daily stochastic but below 60% range. This indicates that price is in a bearish momentum and a sell signal.
Live EOS (EOS) Price:
1 EOS/USD =$4.7403 change ~ 0.45%
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