9.2 C
Manchester
May 25, 2019
Image default
eos

EOS: Price Analysis, Nov. 19

EOS/USD

After struggling to stay above $4.493, EOS plunged below the support and also broke below the next level of $4.1778. The final support is at $3.8723, below which the digital currency will form a new year-to-date low.




EOS/USD




The 20-day EMA is sloping down and the RSI is in the oversold territory, which shows that the balance is tilted in favor of sellers. Below $3.8723, the next support is at $3. The EOS/USD pair will show its first signs of strength if it breaks out of the moving averages and the downtrend line. We suggest traders wait for the decline to end and a new buy setup to form before initiating any new long positions.

Related posts

EOS: Price Analysis, Nov. 26

admin

Bancor’s Cross-Chain DEX Between Ethereum and EOS is Now Live

admin

EOS Price Same as One Year Ago; CTO Dan Larimer Shakes Investors Confidence?

admin

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More