The Merkle: EOS Price Prediction and Analysis – EOS Failed to Stay Above Its 12-Year High Featured
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The EOS is going down and trading around $6.69 on Tuesday. The correction did reach 50%, just as expected, and once the MACD diverged, the price went down on H4. This new downtrend may take the price to the current channel support at 5.70. Still, there was a gap that could signal a rise to the resistance at $7.56, in order to close that gap, with the price going down only afterwards. On H1, the Stochastic diverged, and a downside channel started forming, with the price testing the support after the gap. The
The post EOS Price Prediction and Analysis – EOS Failed to Stay Above Its 12-Year High appeared first on The Merkle Hash.
Additional Info
- Read full article on: The Merkle
Leave a comment
Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.
Disclaimer: As a news and information platform, also aggregate headlines from other sites, and republish small text snippets and images. We always link to original content on other sites, and thus follow a 'Fair Use' policy. For further content, we take great care to only publish original material, but since part of the content is user generated, we cannot guarantee this 100%. If you believe we violate this policy in any particular case, please contact us and we'll take appropriate action immediately.
Our main goal is to make crypto grow by making news and information more accessible for the masses.
Our main goal is to make crypto grow by making news and information more accessible for the masses.