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EOS Price Analysis - Biggest Loser Today Relative Strength Index: The RSI is currently at a healthy 41 points. This means the market is ready to recover and at the very least continue trading sideways. Bollinger Bands: The price is within range but is quite close to the lower bollinger band. This means that EOS can still drop a few percent before bouncing back up. Volume: The volume is still there but is winding down fast. If the volume decreases further, that will be reassurance for a sideways market. Until then, be ready for another drop. EOS Price Prediction While the RSI seems relatively stable, BBs are showing that there still is a chance for a slight drop. All eyes are on the volume right now, if that drops down further then the chances of sideways trading increase. My prediction is that EOS will dip again very slightly to $2.82 before making another attempt at recovery. This is assuming Bitcoin remains stable as well. Read Full EOS Price Analysis and Prediction - Cryptomode
COINBASE:EOSUSDShort
by nulltxmark
EOS Price Analysis 9/16/19 - Double Top, Can $EOS HODL $4? Relative Strength Index: The RSI is currently at a healthy 43 points. It’s a bit low, but that’s expected given the recent slight price decline. Bollinger Bands: The price is also leaning towards the low end of the band which most likely means it will stay at the current level for a few more hours at least. Volume: The volume is surprisingly high at the time of writing. That’s most likely because it’s a start of a new week when market action usually picks up. Double Top: With the EOS price dropping from a high of $4.15 to a current of $4.09, a double top pattern has formed. This pattern is extremely bearish, but the caveat here is that a double top usually signifies medium to long term trend change. Since we are looking at the 15 minute chart, we are dealing with short term trends. As such, there’s no reason to take the double top too seriously. EOS Price Prediciton Because we’re at the start of a new week, and with the $EOS and $Ethereum upgrades ahead of us, I’m going to predict that EOS will be able to hold the $4.0 support. Even though some news came out about the EOSPlay hack , 30,000 isn’t that significant and won’t have much of an impact on the market. On the other hand, with the new EOS version upgrade coming up in seven days, bullish momentum is in the works for the cryptocurrency. On another note, it’s important to keep a good eye on Bitcoin’s price movements. As any big swings will have a similar effect on the rest of the crypto markets. Read Full Analysis: CryptoMode
BITFINEX:EOSUSD
by nulltxmark
EOS Price Analysis 9/9/19 - Another Double Top? Relative Strength Index: The RSI is currently at 78 points. This means the market is overbought and will be looking to retrace until its in range. Bollinger Bands: EOS/USD is also outside the range. This is another signal that the price will be looking to retrace in the next few hours. It looks like EOS/USD is not even close to being out of steam, so in this case the band will have to catch up to the price. Volume: The volume is currently great. It's been picking up which means that another sharp move is not out of the question. EOS Price Prediction Unfortunately, my previous EOS price prediction was completely wrong. I predicted that EOS will respect the first double top and retrace to $3.5. I couldn't be further from the truth, as EOS didn't care at all about the double top and kept with its bull run. Not only did EOS dismiss one double top, but it actually did so twice. This leads me to believe that we will see another double top and once again EOS will break through and attempt to test a new support level. Read Full Analysis: EOS Price Analysis
BINANCE:EOSUSDLong
by nulltxmark
EOS Price Analysis 9/8/19 - Double Top Relative Strength Index: The RSI at the time of writing is at a high 62 points. It just recently tipped over the 70 point threshold into the overbought market territory, rebounding shortly after. Bollinger Bands: As the price increased rapidly it crossed over the upper band, which caused the sharp rebound. Now that the price is within the range once again, it will be looking to stabilize. Volume: There is quite a bit of volume for EOS right now, more so than for ETH or BTC (relatively speaking of course). This means that the market is alive and a sharp move in the near term wouldn't be out of the question. EOS Price Prediction While we have been seeing some exciting bullish momentum for EOS, an unfortunate pattern has just unfolded - a double top. A double top is an extremely bearish sign which forms when an asset has reached a high point two times in a short period of time with a decline in between. While the second top for EOS was slightly higher than the first, there was quite a decline in between. No chart is perfect, but this pattern should be taken into account. If you're planning on entering a position, I would proceed with caution. My prediction for EOS' price is that it will respect the double top and retrace down to $3.5 where it's comfortable. If Bitcoin decides to wake up, then EOS could harness enough power to make another bull run. Read More : EOS Price Analysis
BINANCE:EOSUSDShort
by nulltxmark
EOS Price Analysis and Prediction for September 6th, 2019 Relative Strength Index: The RSI is currently at a healthy 54 points. This means the market is stable, yet has enough power to make a move again. We’ve see the RSI hover above the 50 range for quite some time, meaning the market does want to make a move. Bollinger Bands: The price did touch the lower band earlier and quickly rebounded to the MA line, where its at now. If the RSI keeps rising we should see the price test the upper bollinger band and potentially test the $3.3 resistance. Volume: The volume is actually relatively impressive given the sideways trading. There’s quite a bit of volume and I’m surprised the market hasn’t moved more. EOS Price Prediction My opinion is that EOS will see some positive momentum in the coming hours. Since Bitcoin is on a bull run right now, altcoins are bound to follow. While altcoin season has been quite bad lately, EOS has been doing a relatively good job staying stable. The current price of $3.2 has a long history for EOS so the support at that point is solid. If Bitcoin pumps high enough, I believe EOS will follow. Read More: EOS Price Analysis 9/6/19
BINANCE:EOSUSDLong
by nulltxmark