- The EOS coin price sustains above the EMA-55 during intraday.
- The 24-hour trading volume is at $1.135 billion.
- EOS/BTC pair is trading positive by 7.3% at 0.00008241 BTC.
On the daily price chart of EOS coin, Moving Average Exponential (EMA), consisting of 8,13,21,55-EMA, Acts as reliable support in the coin price movement. Investors may observe the price breaks above the yellow line, so it will assure an EOS uptrend until the price resides above all the EMA’s.
Trading volume (14.696 M) is beneath the 20-day moving average (20.584 M). The volume is high, so the cost is moving upside. Investors may also find that the volume is increasing. This indicates that unusual fluctuations are common on subsequent trading days.
EOS Coin Price Action Gradually Moving Towards Resistance
EOS coin daily price charts show an uptrend. Based on the price action, the resistance zone is located at 6- 6.50 USDT. On the other hand, the support zone to look for is 3.50- 4.0 USDT. Therefore, the chart shows a bullish engulfing candlestick pattern during the day.
The RSI showed a 60 (bullish) signal, projecting a buying in the currency for the short-term. Investors can observe an RSI line forming an inclined slope on the index. It can surge in future trading sessions.
The MACD indicator gives (bullish) cross over the signal line on October 24, demonstrating a buy signal in the coin. Additionally, Investors can see green bars on the Histogram index.
Conclusion
The price of EOS today is $5.05 on a 24-hour trading volume of $1,135,287.153. EOS prices have increased 8.5% in the last 24 hours. 970 million EOS Coins are in circulation and the total supply is endless.
The RSI shows a buy sign, and MACD points to a buy signal. The traders have prompted high volume. In fact, the cost is moving towards the resistance levels. A market overview also shows that this pattern will continue to rise in the coming trading days.
Resistance Level: $6- $6.50
Support Level: $3.50 – $4.0