EOS Price Analysis: Breakout to $1.3 Imminent as Indicators Suggest Upside

  • EOS Price Analysis: EOS price started a fresh increase from the $1.12 support against the US Dollar. The pair could continue to move up if it clears the $1.24 and $1.25 resistance levels.
  • Indicators Suggest Upside Break To $1.3: There is a key bullish trendline forming with support near $1.20 on the 4-hours chart of the EOS/USD pair, suggesting an upside break to $1.3.
  • Overall Outlook: Overall, the price could continue to move up if it clears the $1.24 and $1.25 resistance levels.

EOS Price Analysis

EOS price started a fresh increase from the $1.12 support against the US Dollar. The price is now trading above $1.15 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $1.20 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $1.24 and $1.25 resistance levels .

Indicators Suggest Upside Break To $1.3

This past week, EOS price found support near the $1.175 support against the US Dollar. The price formed a base and started a fresh increase above the $