EOS has become one of the highest gainers over the last day. At the time of writing, it was trading around $4.062 after a whopping 11.22% increment in the value. It is likely to retain this trend for some more days, and price volatility is expected to be attached to this bullish run.
EOS Price Analysis
EOS price was at $3.652 at the beginning of the day, and over the next 11 hours and 49 minutes, it added $0.236 to touch $3.888. It was followed by another stint of upsurge between 12:07 & 16:48 UTC. In these 4 hours and 41 minutes, the currency could skyrocket its price beyond the $4 mark. This 5.06% addition placed EOS price at $4.049. The next few hours saw a few spikes of price volatility. At 18:21 UTC, it again started running uphill. By 02:05 UTC, EOS managed to fetch a 3.61% hike and touched the $4.106.
EOS’s current value is at $4.062, and it is lagging behind its 50 days MA and 20 days MA with a marginal change. The change remains around 0.5%. However, EOS seems ready to hold on to this bullish run in the short-term. We predict the next halting point for EOS to come by $4.11. Investors need to watch out for the unprecedented price ups and downs on the intraday level.
Resistance and Support Levels
R1: $4.11, R2: $4.27 & R3: $4.50
S1: $3.72, S2: $3.49 & S3: $3.33