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28 May 2020

EOS Price Analysis: Dips Remain Well Supported Near $3.40

EOS Price Analysis: Dips Remain Well Supported Near $3.40

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Later, BTC started a downside correction, while EOS price remained in a positive zone above the $3.320 and $3.400 support levels.

The bulls even managed to push the price above the $3.500 level and a new monthly high was formed near the $3.698.

Looking at the chart, EOS price is correcting gains, but it remains well supported near the $3.440 and $3.400 levels.

Only a close below the $3.320 level and the 55 simple moving average (4-hours) might push the price into a bearish zone.

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