EOS Price Prediction for Today, March 30: EOS/USD Targets $1.30 Resistance
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The EOS price prediction shows that EOS needs to pull above the $1.25 resistance level to deny the bears the opportunity to enter the market.
EOS Prediction Statistics Data:
- EOS price now – $1.22
- EOS market cap – $1.2 billion
- EOS circulating supply – 1 billion
- EOS total supply – 1 billion
- EOS Coinmarketcap ranking – #42
EOS/USD Market
Key Levels:
Resistance levels: $1.40, $1.50, $1.60
Support levels: $0.95, $0.85, $0.75
At the time of writing, EOS/USD heads to the north as all digital assets in the crypto market are posting incredible gains after what looks like a successful daily trading session. In addition, the EOS bullish action could be seen above the $1.20 resistance level to touch the daily high of $1.22 level. Meanwhile, an intraday high may form near the upper boundary of the channel.
EOS Price Prediction: EOS May Spike to the Upside
Due to a strong upside movement of the coin since the past few days, the EOS price is seen breaking above the 9-day and 21-day moving averages as the coin moves to touch the daily high of $1.22 level. Looking at the daily chart, the $1.10 may likely be a key support zone for the coin and if it is broken, the sell-off may be extended toward the $1.00 support level.
At the moment, the price of the coin is changing hands at the $1.18 level and the bulls are making effort to push it above the moving averages. In other words, any reversal below the lower boundary of the channel may welcome the bears back into the market as the price could meet the critical supports at $0.95, $0.85, and $0.75. Moreover, the technical indicator Relative Strength Index (14) is moving above the 50-level which indicates the continuation of the bullish trend and further resistance could be found at $1.40, $1.50, and $1.60 levels.
Against BTC, the daily chart shows that the EOS price is moving to cross above the 9-day and 21-day moving averages. Meanwhile, as soon as the price crosses above this barrier, there is a possibility that additional bullish movements could be achieved in the long term. If the EOS price keeps rising, it could even break the potential resistance level of 550 SAT and above.
Meanwhile, if the bears return to the market now, the coin is likely to cross below the 9-day and 21-day moving averages to hit the support level of 300 SAT and below. However, the daily outlook is still looking bullish as the Relative Strength Index (14) moves above the 40-level to enhance the bullish movement.
Alternatives to EOS
The EOS price may need to rise above $1.25 if the buyers keep the price above the 9-day and 21-day moving averages. On the contrary, traders may consider the market as bearish if the sellers bring the market movement to the lower side. Meanwhile, there is a LHINU presale ongoing, and time is running out. Moreover, 90% of Love Hate Inu tokens will be sold during the presale, making this presale even more important than any other. So far, the presale has raised almost $2.5 million.
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