Connect with us

Bitcoin News

EOS Price Prediction Today: Daily (EOS) Value Forecast – April 25

Published

on

LiquidEOS-Brings-New-vRAM-Solution-for-EOS-Data-Storage-to-Lower-Costs
  • On the downside, if the bearish trend continues, the crypto’s price will fall to the lows at either $4.20 or $4.50 price level.
  • On the other hand, if the $4.73 holds, the crypto’s price is likely to break the EMAs to reach the bullish trend.

EOS/USD Medium-term Trend: Bearish

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

Yesterday, April 24, the price of EOS was in a bearish trend. Yesterday, the crypto’s price fell to a low at $4.73 and made an upward correction. The price of EOS is falling again. The crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is likely to fall.

On the downside, if the bearish trend continues, the crypto’s price will fall to the lows at either $4.20 or $4.50 price level. On the other hand, if the $4.73 holds, the crypto’s price is likely to break the EMAs to reach the bullish trend. 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 a buy signal.

EOS/USD Short-term Trend: Bearish

On the 1-hour chart, the price of EOS was in a bearish trend zone. The 12-day EMA and the 26-day EMA are trending southward indicating a downward trend. The price fell to a low at $4.66 to commence a bullish trend.

The bulls were resisted at the 26-day EMA as the price fell to the bearish trend zone. Meanwhile, the stochastic is in the overbought region but below the 80% range. This indicates that the price of EOS is in a bearish momentum and sell 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.

Like what you read? Give us one like or share it to your friends
original post…

Continue Reading
Advertisement
0
Advertisement

Recent Posts

Copyright © 2019 The Crypto Report