EOS Price Analysis: EOS/USD trends inside the green Ichimoku cloud as bulls aim for the $2.75-level

  • EOS/USD bulls stayed in control for the third straight day.
  • MACD shows sustained bullish momentum.
  • The price has healthy support at $2.683, SMA 50, SMA 20 and $2.626.

EOS/USD daily chart

EOS/USD bulls stayed in control for the third straight day as it went up slightly from $2.722 to $2.7292, as the bulls aim for the $2.75 psychological level. The price is currently inside the green Ichimoku cloud. The MACD shows sustained bullish momentum. 

Support and Resistance

EOS/USD faces stiff resistance at $2.774 and $2.83. On the downside, the price has healthy support at $2.683, SMA 50, SMA 20 and $2.626.

Key levels


 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.