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EOS (EOSUSDT) is surrounded by positive pressures – Analysis – 22-04-2025 $EOS
The price of the EOS cryptocurrency (EOS/USD) has slightly advanced in its recent immediate trading, amidst the dominance of a corrective upward trend in the short term and trading alongside a trend line, with continued positive pressure due to its trading above the simple moving average for the previous 50 days. Additionally, we notice the emergence of positive signals in the relative strength indicators after reaching areas of severe overselling.
Therefore, we expect the price of the currency to rise during its upcoming trades, provided that the support level of $0.58 remains stable, aiming for a resistance level of $0.88.
Expected trend for upcoming trades: Upward
EOS (EOSUSDT) is surrounded by positive pressures – Analysis – 22-04-2025 $EOS
The price of the EOS cryptocurrency (EOS/USD) has slightly advanced in its recent immediate trading, amidst the dominance of a corrective upward trend in the short term and trading alongside a trend line, with continued positive pressure due to its trading above the simple moving average for the previous 50 days. Additionally, we notice the emergence of positive signals in the relative strength indicators after reaching areas of severe overselling.
Therefore, we expect the price of the currency to rise during its upcoming trades, provided that the support level of $0.58 remains stable, aiming for a resistance level of $0.88.
Expected trend for upcoming trades: Upward
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EOS
0.6829
+2.18%