EOS has had quite a range trend

EOS has had quite a range trend in the past weeks. The number of 25 candles recorded in the daily timeframe shows that the EOS price trend has been in a specific area and range for a month.

The price in the daily timeframe is also between the resistance range of $1.14 to $1.17 and the support range of $0.81 to $0.85 is the range.

Recently, with the positive events that have happened in the market, signs of exiting the range trend can be seen by breaking the ceiling of the main descending channel.

Also, the support of the $1 range has had a high power in maintaining the range trend. In general, if the buyers can push the price past the resistance, we can expect more price growth.

In this case, the next target of buyers can be considered the resistance range of 1.26 to 1.30 dollars. Of course, it is necessary that the favorable conditions in the market continue.