EOS Continues to Achieve Heights; Set to Target $3

eToro
  • The market is keeping investors on a HODL position; steadily approaches key targets to carry out a long-term recovery

The crypto market is slowly gaining strength these days as it is on the way of freshly started price recovery. Since the market, including EOS, had seen a crashing decline in March this year, its rebound keeps facing frequent pullbacks.

EOS Price Analysis

EOS Price News
EOS/USD Chart By TradingView

EOS, after seeing one such in the second week of this month, is now set to cross the 50% fib level. The bullish trend line is likely to continue as the MACD is in the bullish zone too. The currency may take a few more days to reach above where it was in the April-end (at $3.1).

eToro Crypto
  • EOS is pacing up with market bulls; the coin continues to fight with pullbacks 

In the last 24 hours, the price has risen by more than 6%. Meanwhile, minor corrections at $2.48 and $2.56 have been noted. Also, while showing bullish signs, higher highs at $2.58, and $2.64 stand out.

EOS News Price

  • EOS/USD may see a rally above $3 in the next week if the uptrend remains intact

At present, the coin is looking for a support level to resume the rally at $2.63. The immediate resistance level seems to be at $2.66, while support levels are around $2.90.

In the intraday chart, too, the EOS coin holds a positive picture, and it is trading firmly above the 200-day EMA line, and MACD is in the bullish zone.

Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on the world's leading digital currencies.

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