The EOS price line fell towards the $2.150 mark from above the $2.300 level just before the time of closure on the 27th of March. The cryptocurrency traded within a trading range of $2.093 — $2.248.
1-Day EOS Price Analysis (28th March)
After falling to the $2.150 mark, the cryptocurrency traded between the $2.150 and $2.200 while briefly slipping below the $2.150 mark at 03:36 GMT to reach a low of $2.123 US Dollars. the cryptocurrency saw bears at 17:22 GMT when the price fell below the $2.100 mark and reached a day’s low of $2.093 US Dollars on the 28th of March. Shortly after the fall, the coin regained price to reached the $2.150 mark, followed by a bullish momentum that led the price to a day’s high of $2.248 US Dollars. At the time of closure, the EOSUSD pair traded at $2.209 US Dollars.
EOS: rise to $2.8 next?
The crypto analyst suggests that if the EOSUSD pair is able to break through the resistance at $2.3880, the price will move towards or even past the $2.8603 mark.
Featured Image by Gerd Altmann.
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.