{"id":46340,"date":"2019-07-09T05:02:34","date_gmt":"2019-07-09T03:02:34","guid":{"rendered":"https:\/\/ethereumworldnews.com\/?p=46340"},"modified":"2020-02-19T01:56:23","modified_gmt":"2020-02-18T23:56:23","slug":"eos-price-sighting-upside-break-btc-eth-xrp-climbing-higher","status":"publish","type":"post","link":"https:\/\/ethereumworldnews.com\/eos-price-sighting-upside-break-btc-eth-xrp-climbing-higher\/","title":{"rendered":"EOS Price Sighting Upside Break: BTC, ETH, XRP Climbing Higher"},"content":{"rendered":"\n<p><em>EOS price formed a decent\nsupport base above $5.700 and $5.800. EOS seems to be eyeing a strong upward\nmove above $6.100, while bitcoin, ETH, XRP and litecoin are currently rising\nsteadily.<\/em><\/p>\n\n\n\n<p><strong>Key Talking Points<\/strong><\/p>\n\n\n\n<ul><li>EOS price is showing a lot of positive signs above\nthe $5.800 support area (Data feed of Kraken) against the US Dollar.<\/li><li>There is a major breakout pattern forming with\nresistance near $6.050 on the 4-hours chart.<\/li><li>The price is likely to break the $6.050 and\n$6.100 resistance levels to start an upward move.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">EOS Price Analysis<\/h2>\n\n\n\n<p>After a sharp decline, EOS price found support near the $5.520 level. Recently, it started a steady rise above the $5.800 resistance. Besides, there were decent gains noted in bitcoin, EOS, <a href=\"https:\/\/ethereumworldnews.com\/ethereum-price-eth-facing-uphill-task-vs-rising-bitcoin-btc\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">Ethereum<\/a> and <a rel=\"noreferrer noopener\" aria-label=\"litecoin (opens in a new tab)\" href=\"https:\/\/ethereumworldnews.com\/litecoin-ltc-price-analysis-approaching-next-crucial-break\/\" target=\"_blank\">litecoin<\/a> against the US Dollar.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"486\" src=\"https:\/\/ethereumworldnews.com\/wp-content\/uploads\/2019\/07\/EOS-1-1024x486.png\" alt=\"EOS Price Analysis Chart\" class=\"wp-image-46341\" title=\"\" srcset=\"https:\/\/ethereumworldnews.com\/wp-content\/uploads\/2019\/07\/EOS-1-1024x486.png 1024w, https:\/\/ethereumworldnews.com\/wp-content\/uploads\/2019\/07\/EOS-1-300x142.png 300w, https:\/\/ethereumworldnews.com\/wp-content\/uploads\/2019\/07\/EOS-1.png 1828w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The <a href=\"https:\/\/www.tradingview.com\/symbols\/EOSUSD\/\" target=\"_blank\" rel=\"nofollow noreferrer noopener\" aria-label=\" (opens in a new tab)\">chart<\/a> above indicates that EOS price formed a decent support base above $5.700 and $5.800, but it is still well below the 100 simple moving average (4-hours). <\/p>\n\n\n\n<p>The price settled above the $5.800 level and the 50% Fib\nretracement level of the last slide from the $6.383 high to $5.520 low. However,\nthe price is facing a strong resistance near the $6.050 and $6.080 levels. <\/p>\n\n\n\n<p>Moreover, there is a major breakout pattern forming with\nresistance near $6.050 on the 4-hours chart. The 61.8% Fib retracement level of\nthe last slide from the $6.383 high to $5.520 low is also acting as a\nresistance. <\/p>\n\n\n\n<p>If there is an upside break above the $6.050 and $6.080\nresistance levels, the price could climb further higher. The next key\nresistance is near the $6.250 level and the 100 simple moving average\n(4-hours). <\/p>\n\n\n\n<p>Above the 100 simple moving average (4-hours), the next major\nresistance is near the $6.600 level and a connecting bearish trend line on the same\nchart. On the downside, there are many supports forming near the $5.800 level,\nbelow which the price could revisit $5.500.<\/p>\n\n\n\n<p>Overall, EOS price seems to be preparing for the next key\nbreak above the $6.050 and $6.080 resistance levels. If it fails to climb\nhigher, it could decline again towards $5.500.<\/p>\n\n\n\n<p><em>The market data is provided by TradingView.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EOS price formed a decent support base above $5.700 and $5.800. EOS seems to be eyeing a strong upward move above $6.100, while bitcoin, ETH, XRP and litecoin are currently rising steadily. Key Talking Points EOS price is showing a lot of positive signs above the $5.800 support area (Data feed of Kraken) against the US Dollar. There is a major breakout pattern forming with resistance near $6.050 on the 4-hours chart. The price is likely to break the $6.050 [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":46341,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[188,207,111],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/46340"}],"collection":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=46340"}],"version-history":[{"count":0,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/46340\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/media\/46341"}],"wp:attachment":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=46340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=46340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=46340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}