EOS/USD May Spike Above $1.0 Level

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The EOS price prediction faces the upside as the coin crosses above the 9-day and 21-day moving averages to reach $1.10.

EOS Prediction Statistics Data:

  • EOS price now – $0.94
  • EOS market cap – $1 billion
  • EOS circulating supply – 1 billion
  • EOS total supply – 1 billion
  • EOS Coinmarketcap ranking – #40

EOS/USD Market

Key Levels:

Resistance levels: $1.30, $1.40, $1.50

Support levels: $0.65, $0.55, $0.45

EOS/USD is hovering above the 9-day and 21-day moving averages to begin the bullish movement within the channel. According to the daily chart, the EOS price is likely to shoot to the upside as the technical indicator Relative Strength Index (14) moves to cross above the 50-level. Therefore, the market is projecting a volatile movement where EOS may continue to follow the bullish movement.

EOS Price Prediction: EOS Price Aims at the Upside

As the daily chart reveals, the EOS price touches the daily high at $1.01 today so that the coin can create additional high levels. On the other hand, any bearish movement below the 9-day and 21-day moving averages could bring the price to the support levels of $0.65, $0.55, and $0.45.

However, considering a continuous bullish movement for this coin, EOS/USD may spike above the upper boundary of the channel to hit the potential resistance levels of $1.30, $1.40, and $1.50 in the long-term bullish. Nevertheless, the technical indicator Relative Strength Index (14) is likely to cross above the 50-level, suggesting additional bullish movements for the market.

Against Bitcoin, the EOS price is seen trading above the 9-day and 21-day moving averages where the price is expected to break to the upside. However, should the price succeed, it may cross above the upper boundary of the channel which could touch the potential resistance level of 700 SAT and above.

EOSBTC – Daily Chart

On the contrary, if the EOS price slides and faces the lower boundary of the channel, it could locate the support at 450 SAT and below. Moreover, the technical indicator Relative Strength Index (14) is moving to cross above the 60-level, which suggests that the EOS price may continue with the bullish movement.

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