• info[at]asiathemes[dot]com
  • (2)245 23 68
w88yes keno

EOS Price Analysis: 10% Rally Runs Into Key Resistance

EOS Price Analysis: 10% Rally Runs Into Key Resistance

BTC Casino / 10th December 2018

Key Points

Lubin’s Blockchain Firm Purchases American Mining Company
Thursday November 01, 2018

The blockchain firm that was established by Ethereum’s co-developer, Joseph Lubin, has moved on to purchase Planetary Resources Inc., an American asteroid mining firm. An October 31 publishing stated that […]

The post Lubin’s Blockchain Firm Purchases American Mining Company appeared first on BTC Casino Gambling.

EOS price formed a solid support near the $1.55 level and recovered more than 10% against the US Dollar.
There was a break above a major bearish trend line with resistance at $1.75 on the hourly chart of the EOS/USDT pair (data feed from Poloniex).
The price faced a crucial resistance near the $2.00-2.10 zone.

Ripple Quarterly Report: XRP Sales Double in Q3 2018
Friday October 26, 2018

Ripple recently published its quarterly market report for the third quarter of 2018. The report shows an increase in XRP sales during Q3 as against the previous quarter. Q3 Ripple […]

The post Ripple Quarterly Report: XRP Sales Double in Q3 2018 appeared first on BTC Casino Gambling.

EOS price gained bullish momentum recently and recovered above $1.90 against the US Dollar. However, the price struggled to settle above $2.00 and declined again.
EOS Price Analysis
This past week, there were heavy declines in EOS price below the $2.50 and $2.00 support levels against the US Dollar. The EOS/USD pair even traded towards the $1.50 level and formed a low near $1.54. Later, the price formed a decent support near $1.55 and stated an upside correction. Today, the price rallied more than 10% and climbed above the $1.75 and $1.90 resistance levels.
Buyers pushed the price above the 23.6% Fib retracement level of the last decline from the $2.63 high to $1.54 low. Moreover, there was a break above a major bearish trend line with resistance at $1.75 on the hourly chart. However, the price struggled to clear the $2.05-2.10 resistance area. Besides, the 50% Fib retracement level of the last decline from the $2.63 high to $1.54 low acted as a resistance. As a result, the price retreated and declined below $2.00 and the 100 hourly simple moving average.  On the downside, an initial support is at $1.80, which was a resistance earlier.

Looking at the chart, EOS price traded with a bullish bias above $1.75 and $1.80. Having said that, buyers must clear the $2.05-2.10 hurdle to kick start a major rebound. If not, a downside break below $1.75 may push the price back towards $1.55.
Looking at the technical indicators:
Hourly MACD – The MACD for EOS/USD is back in the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI is about to move below the 50 level.
Major Support Level – $1.75
Major Resistance Level – $2.10
The post EOS Price Analysis: 10% Rally Runs Into Key Resistance appeared first on Live Bitcoin News.

CryptoSkull Review – The lucrative and addictive minesweeper type litecoin, bitcoin game.
Tuesday January 22, 2019

Cryptoskull – blockchain-based bitcoin gambling website This minesweeper style litecoin, bitcoin game was launched toward the end of 2017 and gradually gained its popularity in the end of 2018. This […]

The post CryptoSkull Review – The lucrative and addictive minesweeper type litecoin, bitcoin game. appeared first on BTC Casino Gambling.

@ 2017 Esol Theme powered by WordPress Developed by ASIATHEMES