EOS technical analysis: EOS/USD continues its horizontal, sluggish movement


  • EOS/USD is currently trading for $3.31 in the early hours of Thursday.
  • Moving average convergence/divergence (MACD) indicator shows that the bulls have slightly edged out the bears.

EOS/USD daily chart

fxsoriginal

EOS/USD is trending horizontally in a sluggish manner and trying to break above the downward trending line. The price chart is also trending below the 200-day simple moving average (SMA 200), SMA 50 and SMA 20 curves. The moving average convergence/divergence (MACD) indicator shows that the bulls have slightly edged out the bears.

EOS/USD 4-hour chart

fxsoriginal

The 4-hour chart is trending below the green Ichimoku cloud, SMA 200, and the SMA 20 curve. The SMA 20 has crossed over the SMA 50 curve, which is a bullish sign. The Elliott oscillator has had seven straight bearish sessions. 

EOS/USD hourly chart

fxsoriginal

The hourly EOS/USD chart has found resistance on the SMA 200 curve and is currently trending on the lower half of the 20-day Bollinger band. We can also see that EOS had gone up from $3.30 to $3.35 yesterday, where it experienced resistance at the SMA 50 curve and then dropped down. The relative strength index (RSI) indicator is trending around the neutral zone.

Key Levels

EOS/USD

Overview
Today last price 3.3185
Today Daily Change 0.00400
Today Daily Change % 0.12
Today daily open 3.3145
 
Trends
Daily SMA20 3.48686
Daily SMA50 3.9108
Daily SMA100 5.13543
Daily SMA200 4.94278
Levels
Previous Daily High 3.3711
Previous Daily Low 3.2707
Previous Weekly High 3.7167
Previous Weekly Low 3.06
Previous Monthly High 4.5778
Previous Monthly Low 3.06
Daily Fibonacci 38.2% 3.30905
Daily Fibonacci 61.8% 3.33275
Daily Pivot Point S1 3.26643
Daily Pivot Point S2 3.21837
Daily Pivot Point S3 3.16603
Daily Pivot Point R1 3.36683
Daily Pivot Point R2 3.41917
Daily Pivot Point R3 3.46723

 


 

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.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

Bitcoin Flat, Cryptocurrencies on a Positive Tone

Cryptocurrencies were slightly positive during the last 24 hours, except for Bitcoin, who failed to cross the $8,300 level and created a large candle down to $8.150, tho, then, move back to the $8,200 range. 

More Bitcoin News

Ripple price analysis: XRP/USD grinds to a halt ahead triangle breakout

Ripple performance in October has been relatively better compared to other major digital currencies. The world’s third-largest crypto is stepped above $0.30 last week but failed in sustaining gains towards $0.31.

More Ripple News

Ethereum market update: ETH/USD slips back inside the range, $180.00 still out of reach

ETH/USD hit $178.28 on Monday and retreated to $174.57 by press time. The second-largest coin is moving inside a tight range amid slow trading activity in sync with the market. 

More Ethereum News

NEO price analysis: NEO/USD on recovery track, still below critical resistance of $7.80

NEO, currently the 21st largest coin with the total market value of $527 million, has gained about 1.7% in recent 24 hours to trade at $7.5 at the time of writing. Since the beginning of Tuesday, NEO/USD has gained about 1%.

More NEO News

BEST CRYPTO BROKERS/EXCHANGES

Bitcoin Weekly Forecast: Nothing to crow about

Bitcoin (BTC) attempted a recovery above $8,400 and resumed the decline into the end of the week.

Read the weekly forecast

BTC

ETH

XRP