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Cryptopolitan 2021-09-18 04:02:35

EOS price analysis: EOS/USD to spike to $5.5 before midnight

TL;DR Breakdown The Bollinger band is wide on the four-hour price analysis chart.EOS is fluctuating between $4.8549 and $5.0717 in the last 24 hours.RSI and MACD analysis on the 1-Day and 4-Hour price chart suggests that the price will increase further. EOS price analysis: General price overview The daily EOS price analysis chart began off whole the sellers controlled the market causing price surge. The buyers dominated the market for the first 15 minutes sending the prices to the highest of the day. Sellers came into the market and caused resistance at the intraday high of $5.3. This resistance was so significant as it made the prices drop forming several inverted triangle patterns to the lows of $5.1.The bulls had created a week of support that made the sellers push the prices to $5.2, where they faced another strong resistance from the bears. The sellers came in large numbers sending the prices to intraday lows of $5.0. The general cryptocurrency market is bullish, as the heat map suggests. Cryptocurrency heat map by Coin360 The most prominent digital currency BTC has recorded a 0.83 percent increase, and the coin is trading at $47.9K. Its all-time close competitor ETH is also bullish, it has also recorded a slight percent increment, and it is currently trading at $3.5K. Altcoin, like the meme coin, continues to bleed. This week has been generally bearish to most of the altcoins and the cryptocurrency market in general. Ev...

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