EOS price is trailing at $4.18 with a loss of 1.77% in the intraday session.EOS coin will face resistance ongoing upside at $4.5 and a bounceback from $4.EOS weekly chart suggests bullish momentum. The daily chart of the coin suggests a consolidated momentum. It is trading above 50 and 100 Moving Average. The 50MA(yellow) is at $4.04, making it temporary support for the coin. On coming to the shorter time frame of the 4hour chart, the price is seeing a Bearish rally inside a downward parallel channel. If the price breaks 5 to 10% above the channel, then a strong bullish rally can be seen.
Resistance:$4.5
Support:$4
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