EOS has been hovering between three and a half dollars ($3.57) and four and three-quarter dollars ($4.75) for the past thirty days.
EOS price analysis reveals that the price was down to the three and a half dollars ($3.571) mark on the 16th of July 2019.
Further, the price had hit a high point at four and three-quarter dollars ($4.737) by the 26th of July 2019.
However, the price fell down to three and three-quarter dollars ($3.871) on the 9th of August and the EOS price has been close to this range ever since.
EOS price analysis: Resistance/Support
EOS price consolidated between the 20-day estimated moving average and over three and a half dollars ($3.8723) for the last few days.
Now price action has turned for the worse as the price fell below the support as demand declined, which is a bearish indicator.
Moreover, the declining moving averages and the negative RSI also suggest movements downwards.
If the price fails to rise above the 20-day EMA the support at three and a quarter dollars ($3.30) is also likely to be broken.
On the other hand, if the price rises next resistance can be found at four and three-quarter dollars ($4.8719).
Above that price can rise up to six dollars ($6) if it can close above the resistance at four and three-quarter dollars ($4.8719) mark.