The EOS price line headed up across the $3.800 mark on the price chart for the 05th of March. The cryptocurrency saw a continuous uptrend, while it traded over a day’s range of $3.713 — $3.791. Trading view analyst mr_kosovskiy believes that the cryptocurrency is currently in a buy zone and it is struggling to break free of it, while its goal lies near the $4.41 level.
1-Day EOS Price Analysis (05th March)
The EOS coin was on bullish momentum when it entered the 05th of March, with a trading value of $3.600 US Dollars. The cryptocurrency saw an uptrend that was marked towards the $3.750 level, which was reached by 12:30 GMT. After 15:00 GMT, the coin saw another bullish momentum and scored a day’s high of $3.842 US Dollars just before 18:00 GMT. The coin saw to the day’s closure at $3.773 US Dollars. Currently, the EOS / US Dollar trading pair lies at the $3.758 mark.
EOS: predictive analysis
mr_kosovskiy thinks that the cryptocurrency’s price was accumulating in the ascending triangle, and now it is set to break free across the buy zone that it is currently placed in.
The crypto analyst suggests that the coin will rise towards the $4.0 mark, after which it should see a retreat that will be marked back towards the buy zone, and then it will pump towards its actual goal, which is the $4.4163 level.
Featured Image by Aaron Burden.
Disclaimer: The information provided is not trading advice but an informative analysis of the price movement. Cryptopolitan.com holds no liability towards any investments based on the information provided on this page.