EOS Price Analysis: What’s Next For EOS Price?

The fluctuation in¬†EOS price¬†continues. Despite the big news of a partnership with Google, the EOS/USD price has gained only 8.85% in the last 7 days. At the time of writing this article on October 10, 2020, the EOS/USD price is sitting at $2.69 (+2.18%), which is almost close to the price before the news. So, what’s next for EOS price? Let’s take a look at it in more detail. EOS Price Analysis: EOS Price Has gained Almost 8.8% In The Last 7 Days Now, if we observe the EOS price daily chart then it appears that bulls were not powerful enough to hold the coin above the 26-EMA except today. Just in the last 24 hours, the EOS price managed to hold the coin above 26-EMA. Now, if we see the other two EMAs then the EOS/USD price is way below the 50 and 200 EMAs. This lazy movement could be displaying that bears are still implementing a lot of trading pressure and the daily downtrend could still be there if the important EMA is lost. The most significant short-term support level is also the 2.43 level covered on numerous occasions in the past. The EOS/USD daily Parabolic SAR could … Continue reading EOS Price Analysis: What’s Next For EOS Price?