EOS Price Analysis for February, 4th – EOS is Correcting, But That’s Okay

eosBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex EOS is correcting during the first February week, but still looking very promising. On Tuesday, February 4th, EOS is slowly falling and trading close to 4.15 USD. From the technical point of view, the H4 chart of EOS shows a stable rising channel. The key upside target is at 5.00. At the same, there is a divergence on MACD, which indicates a possible descending correction. However, this scenario may be valid only after the price breaks the support level close to 4.00. in this case, the downside correctional target may be 61.8% fibo

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EOS Price Analysis for December, 10th – EOS Still Pulled Down

EOS Price Analysis for December, 10th – EOS Still Pulled DownBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex This week, the EOS cryptocurrency resumed declining, and on Tuesday, December 10th, it is generally trading at $2.65. On D1, the downtrend is slowing down, and a convergence is forming on the MACD. As the main goal of the developing trend, we should regard the fractal minimum of $1.55. However, keeping in mind the convergence, a breakout of the current resistance level at $3.35 may signal a reversal and the development of a new bullish cycle. On H4, after a correctional rise to 38.2% Fibo, the quotations started declining to the minimum of

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EOS Price Analysis for November 26th – EOS Seeks Restoration

eos logoBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, November 26th, EOS is trying to stabilize and restore its positions after the previous fall. It is chiefly trading at $2.59. On D1, the EOS/USD pair is trading inside the mid-term channel. Currently, the price may correct upwards to $2.95. After that, the descending channel will keep forming as the price will decline to $1.95. The idea of the correction is supported by the Gold Cross forming on the MACD. On H4, the is a correction in a downtrend. Even with the seeming stability of the decline, we cannot exclude a

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EOS Price Heads to $5 Despite Hitting 1 Million Account Milestone

Even though Bitcoin still shows no signs of slowing down, the top alternative markets wouldn’t mind to see things turn around ever so slightly. More specifically, all of the top altcoins are still in the red, with the EOS price drifting slightly lower every hour. Even though its current price point is still more than acceptable, one has to wonder how things will evolve over the next few hours and days. EOS Price Seemingly Ignores Ecosystem Milestone Even though it is far from uncommon to see altcoins lose value when Bitcoin goes on a tear, it remains to be seen

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EOS Price Moves up Again Through Slow and Steady Approach

eos logoA lot of eyes in the cryptocurrency industry are on the top markets. Since Bitcoin dictates the pace for all altcoins, tokens, and assets, its momentum is of great interest to many people. The EOS price is currently benefiting from this positive spell, although it might not necessarily regain the $5.5 level and turn it into support right away. EOS Price Momentum has Some Promise When it comes to the different cryptocurrency markets, one has to wonder when the next breakout will occur. As of right now, it seems unlikely any major changes are expected, albeit one never really knows

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EOS Price Blasts Past $5.5 in Renewed Uptrend

Most of the cryptocurrency markets are looking quite healthy at this time. That may come as a surprise to most, primarily because last week wasn’t looking overly impressive by the time the weekend came around. The EOS price is still going strong right now, as it has successfully surpassed $5.5. Sustaining an uptrend on a Monday will always be a challenge for any market. EOS Price Needs More Support at $5.5 It is always interesting to see how individual cryptocurrency markets evolve when a new week begins. In most cases, there will be some bearish pressure, although that doesn’t appear

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EOS Price Streak Remains Intact as Coinbase Pro Trading Kicks Off

Today is not necessarily the best of days for most cryptocurrencies. While most of the markets do not suffer from too negative pressure right now, it seems that situation may come to change in the very near future. The EOS price is still going strong, which may come as somewhat of a surprise to the masses. EOS Price Momentum Remains Intact When it comes to the cryptocurrency industry, the mid-week is usually a time where things either take shape or fall apart completely. For most markets, the bearish pressure is kicking in pretty quickly, whereas EOS is still going strong.

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EOS Price Grows Bearish as Bitcoin Dips in the red Again

It appears rather unlikely this minor amount of bearish pressure will cause any major cryptocurrency disruptions. A bit of a correction has never hurt any market although some altcoins are more susceptible to declines than others. The EOS price is quickly giving up ground, as the value has dropped below $5.5 once again. EOS Price Momentum Doesn’t Look Promising It is no abnormal for top altcoins to deal with minor setbacks over the weekend. This particular weekend has proven to be rather bullish in general, which makes the current overarching bearish sentiment all the more normal. When Bitcoin starts to

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EOS Price Turns Bullish as $5.5 Resistance Level is Broken

eos logoThere are still a lot of questions as to how the cryptocurrency markets will evolve over the course of this weekend. It would appear some genuine bullish momentum is forming, primarily because Bitcoin is shifting into a higher gear again. Alongside it, the EOS price is noting some big gains in quick succession. A push to $6 isn’t unlikely, but it will not be reached anytime soon. EOS Price Mounts Another Bullish Surge When Bitcoin resumes its promising uptrend, it is usually a matter of time until altcoin markets display notable changes. Earlier this week, some markets went in the

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EOS Price Surpasses $4.6 as Bullish Momentum Continues Unabated

eos logoContrary to most people’s expectations, it would appear the bearish crypto market momentum isn’t relenting as of yet. More and more markets are moving in the double-digit percentage gains range, which is rather promising.  When even the EOS price can gain over 10% in quick succession, it would appear the overall interest in these different markets is still growing in a swift manner. EOS Price Momentum Intensifies When Bitcoin turns uber bullish as it has in the past 16 hours, there is always a genuine concern as to how long such gains can be sustained. If the previous attempts at

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