The EOS price prediction shows that the coin is likely to cross above the 21-day moving average to continue the upward trend.
EOS Prediction Statistics Data:
- EOS price now – $1.19
- EOS market cap – $1.1 billion
- EOS circulating supply – 1 billion
- EOS total supply – 1 billion
- EOS Coinmarketcap ranking – #44
EOS/USD Market
Key Levels:
Resistance levels: $1.6, $1.8, $2.0
Support levels: $1.0, $0.8, $0.6
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EOS/USD is currently changing hands at around $1.196 as the coin touches the daily high at $1.210 with a market cap of $1.1 billion. Today’s trading begins with a slight uptrend in the market as the EOS price moves to cross above the 9-day moving average. However, traders are anticipating that the current price movement is an indication of the upcoming price rally in the market.
EOS/USD May Gain More Uptrends
Looking at the daily chart, the next step for the EOS price is to cross above the 21-day moving average. Once this is done, bulls may now push the coin to hit the nearest resistance level of $1.144 before locating the potential resistance levels at $1.6, $1.8, and $2.0 respectively.
However, as the technical Indicator Relative Strength Index (14) moves to cross above the 40-level, EOS/USD may continue to move to the north, once this plays out, it can manage to sustain the bullish movement above the channel. Meanwhile, if the price decides to make a quick turn to the south, the support levels could be found at $1.0, $0.8, and $0.6
Against Bitcoin, the EOS is hovering below the 9-day and 21-day moving averages. At the moment, bulls are likely to push the coin to the positive side as the technical Indicator Relative Strength Index (14) moves to cross above the 40-level.
However, if the bulls push the price above the 21-day moving average, EOS/BTC may rise to the resistance level of 8000 SAT and above. Meanwhile, any bearish movement may bring the price towards the support level of 4600 SAT and below.
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