The EOS price line saw bears on the 12th of March after which it fell towards the $1.80 mark. The cryptocurrency traded within a day’s range of $1.426 — $1.988. Trading view analyst suggests that the cryptocurrency is currently in a buy zone and its next price target lies above the $3.0 mark.
1-Day EOS Price Analysis (12th March)
The coin started the trade above the $3.0 mark and it gradually came down to the $2.0 mark as of noon on the 12th of March. The cryptocurrency traded between the $2.0 and $2.2 marks until near the end of the day, when the coin fell to the $1.8 mark and saw to the day’s closure with a trading price of $1.792 US Dollars. The cryptocurrency saw another drop which was headed towards the $1.4 mark. At the time of writing, the EOSUSD trading pair has a trading value of $1.791 US Dollars.
EOS: predictive analysis
The crypto analyst is of the opinion that the best buying zone as of now is the $1.5268 level, while a false breakout should be awaited at the moment.
Featured Image by Annie Spratt.
Disclaimer: The information provided is not trading advice but an informative analysis of the price movement. Cryptopolitan holds no liability towards any investments based on the information provided on this page.