EOS News

EOS Price Movement Violates 90-days High

EOS price movement is on an amazing recovery spree. The price has crossed the 90-days high and set new at $4.01. The coin is speculated to have a great future as per the current trend noticed. The traders can dig-in with a high prospect of profit.

The coin usually marks a slow and steady momentum, but today the coin is reflecting heavy movement. The intraday trading in EOS is likely to bring a profitable return by the end of the day.

EOS Price Analysis

EOS NewsThe currency is reflecting bullish movement over the last 24 hours. Yesterday, EOS started dealing at $3.79. The price dropped to $3.52 by 7.11%, and then it recovered to $3.72 by 5.50% hike. The currency dropped to $3.60 by 3.23% and then, almost in the next three hours, the coin price escalated to $3.89 by 8.02%. There was a slight fall marked in the price.

The closing hour reflected a slight recovery as EOS price reached $3.84 by 1.99%. Today, the currency has begun the day with a marginal drop. The counters moved from $3.84 to $3.75 by 2.13%. Later, the price jumped to $4.03 by a 7.30% hike and then, it reflected a price drop of 2.78%.

EOS crossed the immediate resistance level hours ago. The price has reflected a slight fall but the same might get recovered soon and the coin may cross the immediate resistance level at $3.95 and even, it may reach the next resistance $4.08. The long-term investment would give a promising return to the investors.

Resistance Level Price
R1 $3.95
R2 $4.08
R3 $4.27
Support Level Price
S1 $3.63
S2 $3.44
S3 $3.31

Edward Nash

Edward Nash is an editor and analyst with over 10 years of financial market experience. Prior to joining CoinNewsSpan, he worked in several famous financial institutions. He has been active in the cryptocurrency market since 2011, specializing in technical analysis of current crypto trends and offering analytical opinion-based pieces.

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