- Relative Strength Index: The is currently at a healthy 41 points. This means that the market will most likely continue to trade sideways for the next few hours.
- Bollinger Bands: The price is also within the range, meaning it will most likely stay at the same level. Moreover, the price is right on the line with the MA, further reinforcing the signal of an upcoming sideways market.
- Volume: At the time of writing, the for EOS is nearly nonexistent. This means the market doesn't have much power to slide upwards or downwards anytime soon. This isn't surprising as it's the weekend and usually drops during this time.
EOS Price Prediction
The , , and are all signalling a sideways market. While we didn't have much positive news about EOS recently, it doesn't seem like the market is exhibiting too much pressure. As such, my prediction is that EOS will continue bouncing between the $3.8 and $4 levels for the next day.
Read Full EOS Price Analysis and Prediction: NullTX