tcr_thecoinrepublic

EOS ready for a new bull run

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The weekly chart of EOS highlights a bearish momentum.On coming to the daily time frame EOS price is below 50 and above 100 Moving Average.The 50 MA (Red) line is at $4.11 making it temporary resistance for the coin. Resistance of the coin on going upside can be seen at $ 4.5 and on the downside bounceback can be seen from $3.5.An Accumulation zone is being formed in the Monero on the shorter time frame of 4-hour chart.If the price goes above $4.2 then a huge buying rush can be seen in the coin.EOS/USD pair can see a bullish move in the upcoming days.EOS/BTC pair can also see an uptrend in upcoming days.
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