- The Evmos coin is up by 24% in the last 24 hours.
- Speculators saw a bearish trend, therefore, the volume increased by 29%.
- The bulls are again pushing EVMOS price towards the $3.0 resistance level.
EVMOS coin has changed its previous trend, the bulls seem aggressive for the next move. For the past several trading sessions, EVMOS Coin has been outperforming the higher zone across all time frames.
The hourly price structure suggests a higher-low and higher-high pattern. The bulls have bought every fall in the last 10 days. Meanwhile, EVMOS coin remains above an upward trend line at the bottom of the chart.
At the time of this writing, the EVMOS coin is trading at the $2.64 mark against USDT. In the past two days, the bulls have been very aggressive as buyers have made around 40% gains this week. However, the altcoin has continued to outperform over the past four weeks, as the weekly candlesticks suggest a strong bullish candle.
EVMOS coin is showing a gain of 25% against USDT in the last 24 hours. Conversely, the price of EVMOS coin pairing with Bitcoin pair is 23.5% in the Green Zone at 0.0001223 Satoshis. Amid the sharp rally, trading volume increased by 29% to $2.09 million in the past 24 hours.
RSI Reached a 60-Days High
On the 4-hour price scale, the RSI indicator is looking at an extremely overbought zone after 60 days. This bullish signal could take the asset price towards the next resistance area of $3.0. Moreover, the MACD indicator continues to move in positive territory.
Conclusion
EVMOS coin is moving towards the key resistance level of $3.0, in this sell zone, bulls need to accumulate more altcoins to maintain the upward trend. Besides, $2.0 is an important hedge area for buyers.
Support level – $2.0 and 1.0
Resistance level – $3.0 and $5.0
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational ideas only, and they do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.