Markets

EOS rises by 10.87%when changing the trademark on a timeline promotes momentum

  • EOS eyes 1 dollar resistance with Macd Crossover and RSI with 62.78, which signals upwards.
  • Trading volume jumps 102.70%if the EOS rises from $ 0.6737 to $ 0.7508 within 24 hours.

In the blockchain space, cryptocurrency for the construction and accommodation of decentralized applications (DAPS) has registered a significant increase in price in the last 24 hours. According to market data, digital assets opened the Asian trading period at a price value of $ 0.6901, registering a rally of 10.87%.

EOS is approaching key confusion as the price rises with the timeline of changing the trademark

According to an analysis compiled by CW, the EOS permanently shows moving upwards in accordance with the continuing schedule of changing the trademark. Market activity will show continued momentum in the near future.

The price is currently approaching the $ 1 where the large sales wall is located. Market information shows that the EOS is likely to reach the level of $ 1, without the need for immediate sales pressure to move forward, representing the liquidity zone.

If the price retains strength, the potential to continue from this point is beyond. If the EOS breaks through the current sales wall, the next obstacle is visible near the $ 1.5. Reaching beyond it can lead to the final barrier to about $ 1.8.

What do MACD and RSI indicators suggest: Bullish extension or take -over bearing?

A deeper technical analysis using MACD and RSI indicators, notes that RSI is 62.78; However, this is still under the over 70 -year -old excess threshold, which shows the interest in buying, despite the fact that it does not reach fatigue. The 14-day average RSI is 54.15, below the current RSI index 62.78, which establishes bullish divergence.

Meanwhile, there is a line of 0.0184 in the moving average approach (MACD), crossing the signal line 0.0123. This positive Crossover refers to the increase in the rising rate. In addition, the histogram strips have become green, strengthening the bullish trend.

The EOS recently bounced from $ 0.60 and is now watching the psychological resistance near $ 1. If the pressure continues upwards, switching off can open more than $ 1 to $ 1.50. Currently, the impetus is supported by both RSI and MACs in favor of buyers.

Any rejection of less than $ 0.76 can slow down the rally and re -testing supports about $ 0.68.

EOS price movement

At the same time, Coinmarketcap data shows that EOS trades at $ 0.7508 after receiving $ 10.87 in the last 24 hours. The ceiling of the market grew to $ 1.17 billion, reflecting a 10.89% increase in the same period.

The 24-hour trading volume increased by 102.70%, reaching $ 207.36 million, indicating increased market activity in the market. The price of the EOS rose from $ 0.6737 on a daily basis to its current high, permanently upwards during the hourly intervals. The ratio of volume to market cap is now 17.09%, which shows elevated liquidity.

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