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EOS rises by 10.87 % with the renames of the timeline of momentum

  • EOS Eyes $ 1 Resistant with MACD Cross and RSI in 62.78 indicates an ascending momentum.
  • The trading volume jumps 102.70 % as EOS rises from $ 0.6737 to $ 0.7508 in 24 hours.

In the Blockchain area, EOS, an encrypted currency designed to build and host decentralization applications (DAPS), recorded a remarkable increase in prices during the past 24 hours. According to market data, digital assets were opened during the Asian trading session at a value of a price of $ 0.6901, as it recorded a march representing 10.87 %.

EOS is approaching the main resistance with a rise in the price with the timeline for the brand rename

According to the CW analysis, EOS shows a steady escalating movement in line with the continuous brand rename. The market activity indicates that the momentum continues to the level of resistance in the short term.

The price is currently approaching the $ 1 mark, as there is a main sale wall. Market data reveals that EOS is likely to reach one dollar level without slowing the immediate pressure, which represents the liquidity area.

If the price maintains strength, there is a possibility to continue after this point. If EOS penetrates the current sale wall, then the following resistance is visible near the 1.5 dollar range. The momentum behind this distinctive symbol can push towards a final barrier of about $ 1.8.

What do MACD and RSI indicators hint: bullish extension or landing acquisition?

A deeper technical analysis using MACD and RSI indicators indicate that RSI is 62.78; However, it is still lower than the peak doorstep of 70, which indicates a high purchase interest despite the lack of access to the exhaustion point. The average RSI is 14 days for 54.15, less than the current RSI index of 62.78, which determines an upward difference.

At the same time, the MACD is at 0.0184, as it crosses over the signal line at 0.0123. This positive intersection indicates the growth of bullish momentum. In addition, the graphic bars turned green, which enhances the upper direction.

EOS recently wore $ 0.60, and she is now looking for psychological resistance near one dollar. If upward pressure continues, the collapse that exceeds one dollar may open to $ 1.50. The momentum indicators currently support this step, as RSI and MACD prefer buyers.

However, any rejection of less than $ 0.76 may slow the gathering and re -test it supports about $ 0.68.

EOS price movement

Meanwhile, CoinmarketCAP data indicates that EOS is circulating at $ 0.7508 after getting 10.87 % in the past 24 hours. The maximum market increased to $ 1.17 billion, which reflects an increase of 10.89 % during the same period.

The trading volume increased 24 hours by 102.70 %, reaching 207.36 million dollars, indicating an increase in the market activity. The EOS price increased from a daily level of $ 0.6737 to the current height, with fixed upward movement across every hour. The maximum volume to the market is 17.09 %, indicating increased liquidity.

The news of the encryption was highlighted today:

Technologies to buy Trump codes of $ 20 million amid the decline in shares

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