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EOS Price Remains Supported On Dips Versus USD, BTC and ETH

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EOS price corrected lower, but remained supported above $5.00 against the US Dollar. EOS is likely to bounce back and dips remain supported versus USD, BTC and ETH.

Key Talking Points

  • EOS price corrected lower and tested the $5.05-5.10 support area (Data feed of Kraken) against the US Dollar.
  • There is a major bullish trend line formed with support at $5.20 on the 4-hours chart.
  • The price remains supported above the $5.10 level and the 100 simple moving average (4-hours).

EOS Price Analysis

This past week, EOS followed other cryptocurrencies (bitcoin, Ethereum and litecoin) ...

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