DEXEOS Decentralized EOS Exchange Lists the Carbon Stablecoin (CUSD) Token
  • On the upside, if the 12-day EMA is holding, the bulls will resume its bullish trend and retest the $6.0 price level.
  • On the other hand, if the crypto’s price breaks below the EMAs, the price will fall either to the lows of $4.5 of $ 5.0.

EOS/USD Long-term Trend: Bullish

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

The EOS/USD pair was trading in a bullish trend zone in the month of April. The bulls reached a high of $6.07 and were resisted. The crypto’s price is in a downward correction as price reached the low at $5.32 price level. The crypto’s price fell to the support of the 12-day EMA. The price of EOS is above the 12-day EMA and the 26-day EMA which indicates that the crypto’s price is likely to rise. On the upside, if the 12-day EMA is holding, the bulls will resume its bullish trend and retest the $6.0 price level.

On the other hand, if the crypto’s price breaks below the EMAs, the price will fall either to the lows of $4.5 of $ 5.0.The crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone. Meanwhile, the Stochastic is at the overbought region but below the 80% range which indicates that price is in a bearish momentum and a 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.

Cryptocurrency Prices: Live Real-Time Coin Market Cap Values

(Excerpt) Read more Here | 2019-04-13 05:10:32
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