TL; DR Breakdown Ten-day Moving Averages of the Bollinger bands offer strong resistance to the EOS/USD pair. The previous day’s EOS price analysis chart traded bullishly.Bulls are preparing for a surge. EOS price analysis : General price overview The previous day’s EOS price analysis chart followed a good trend. However, solid selling pressure halted the upswing when the daily rice analysis chart set in, causing prices to plunge sharply to the lowest level on the daily price analysis chart at $4.6. The bulls appeared to be strategizing an attack that might reverse the downward trajectory. The bulls congregated in large numbers and amassed sufficient force to establish firm support, which reversed the bearish trend and caused EOS to surge. Source: Coin360 The most prominent digital asset, BTC, is trading positively today, as indicated by the cryptocurrency heat map. It is currently trading with a few dollars above $45K. ETH is trading in the same trend. The Binance coin is trading in a negative direction, recording a decline of more than 2 percent. Most of the altcoins trade in a negative trend. EOS price movement the last 24 hours: EOS/USD trades in a Negative trend The daily EOS price analysis chart reveals that the bears control the market after a head and shoulder movement, keeping the market hostage. The chart shows an increased degree of volatility, with the upper Bollinger band visible at $5.8, While ...
