EOS Price Prediction and Analysis – EOS Failed to Stay Above Its 12-Year High

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The EOS is going down and trading around $6.69 on Tuesday. The correction did reach 50%, just as expected, and once the MACD diverged, the price went down on H4. This new downtrend may take the price to the current channel support at 5.70. Still, there was a gap that could signal a rise to the resistance at $7.56, in order to close that gap, with the price going down only afterwards. On H1, the Stochastic diverged, and a downside channel started forming, with the price testing the support after the gap. The

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