EOS PRICE ANALYSIS & PREDICTION (April 4) – EOS Defies Market Odds as it Pushes Towards $1, Are The Bulls Back?
As several altcoins take a downturn in the past week, EOS continued to show strength and registered another 5% gains overnight. It currently faces some hurdles, but appears bullish daily. Following this week's price break from a month resistance of $0.67, EOS advanced buying and reached a high of $0.88 yesterday after facing small hurdles on Tuesday. This came as a result of steady rising demand, but it has slowed down buying due to a rejection. Despite that, the trading landscape has changed on the daily chart, and as we can see, the price is strong while following a positive sentiment. More surge in volatility is needed to validate a major reversal. Though the trend is changing but is yet to get out of the wood as it remains bearish in the mid-term. The double-bottom pattern mentioned in the previous […]