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