EOS Price Analysis: Major Support Nearby At $4. EOS price is holding gains above $4.

20 Aug 2021, 08:00
EOS Price Analysis: Major Support Nearby At $4.8 EOS price is holding gains above $4.80 against the US Dollar, similar to bitcoin. The price must clear $5.10 and $5.35 to start a fresh increase. EOS Price AnalysisEOS price saw a decent increase above the $5.00 resistance zone against the US Dollar. The price broke the $5.50 resistance level and the 55 simple moving average (4-hours) to move into a positive zone. The price even spiked above the $5.80 level, but there was no upside continuation. A high is formed near $5.94 and the price recently corrected lower. There was a break below the $5.50 support level. The price even spiked below the $5.00 level.