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EOS, BTC, and TRX Price Analysis and Forecast – August 13, 2019

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EOS/USD

EOS, BTC, and TRX Price Analysis and Forecast - August 13, 2019
EOSUSD Chart By TradingView

EOS/USD pair has recorded a bearish outlook in the last 24hrs. The downward price action gained support from the 21-day moving average that hovered above the 7-day moving average over the past 24hrs.

The market began the day trading at $4.12, followed by a short-term period of consolidation that consolidated near support level $4.09. The RSI indicator X was also seen trading between level 40 and 60 that signaled a lack of dominance in the market.  

The support level was later shifted down near $4.02 that showed an increase in sellouts....

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