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Showing posts with the label bullish direction

EOS Price Prediction for Today, November 03: EOS May Commence Bullish Trend

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Bulls’ momentum is increasing EOSUSD Price Analysis – November 03 The Crossing of EOS above the resistance level of $1.37 may lead the price to $1.48 and $1. 65 price level . Failure to cross above the $1.37 level may decrease the price towards $1.10, $0.94, and $0.75 support level. EOS/USD Market Key Levels: Resistance levels: $1.37, $1.48, $1.65 Support levels: $1.10, $0.94, $0.75 EOS/USD Long-term Trend: Bullish EOS/USD is bullish in the daily chart. The price action on the daily chart has formed a bullish chart pattern called “Double bottom” and this has made the price to incline towards the resistance level of $1.37. It was pushing back yesterday and moving towards the support level of $1.10 today with the formation of daily bearish candle. The price is trading above the two EMAs where the 9 periods EMA is above 21 periods EMA which indicates that the bulls are holding to the EOS market. The Relative strength Index period 14 is pointing up at 54 le...

Ren Price Prediction for 7th of October: Bears Fail To Hinder The Bullish Progress

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Join Our Telegram channel to stay up to date on breaking news coverage The overall market performance of REN/USD from August to the 22nd of September forms a descending triangle candlestick trend pattern. This, when it forms, means the trend will soon reverse in the bullish direction. As the formation reached its peak (that is on the 22nd of September), a bullish engulfing candle pattern appeared on the chart. As expected, a bullish trend ensued. As the bullish trend progresses, strong bearish pressure can be felt as the bullish market progresses Ren Market Price Statistic: REN/USD price now: $0.1306 REN/USD market cap: $130,516,050 REN/USD circulating supply:999,037,500  REN/USD total supply: 999,999,633 REN/USD coin market ranking: #160 Key Levels Resistance: $0.1400, $0.1500, $0.1600 Support: $0.1300, $0.1200, $0.1100   Buy Ren Now   Your capital is at risk Ren Market Price Analysis: The Indicators’ Point of View In yesterday’s marke...