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EOS Price Prediction Today: Daily (EOS) Value Forecast – April 11

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  • On the downside, if the price continues its fall, the crypto’s price will find support at the $5.40 price level.
  • On the upside, if the bulls break above the EMAs, the bulls will retest the $6.0 resistance level.

EOS/USD Medium-term Trend: Bearish

  • Resistance levels: $ 6, $7, $8.
  • Support levels: $4, $3, $2.

Yesterday, April 10, the price of EOS was in a bearish trend. The price of EOS had been in a bullish trend since April 4. Yesterday, the bulls reached a high of $6.07 and were resisted. The bears broke the 12-day EMA and the 26-day EMA to reach the bearish trend zone. The crypto’s price fell to the low at $5.55 and commenced a bullish movement.

On the downside, if the price continues its fall, the crypto’s price will find support at the $5.40 price level. On the upside, if the bulls break above the EMAs, the bulls will retest the $6.0 resistance level. The crypto’s price is below the EMAs which indicate that price is in the bearish trend zone. Meanwhile, the stochastic is in the oversold region but below the 60% range. This indicates that the price of EOS is in a bearish momentum and a sell signal.

EOS/USD Short-term Trend: Bearish

On the 1-hour chart, the price of EOS was in a bearish trend zone. The bears broke the 12-day EMA and the 26-day EMA to reach the bearish trend zone after the bulls were resisted at $6.0 price level. The price of EOS is trading at a$5.60 as at the time of writing. Meanwhile, the stochastic is in the oversold region but above the 20% range. This indicates that the price of EOS is in a bullish momentum and buy signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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