Relative Strength Index: The RSI is currently at 40 points, right at the bottom threshold. This means the market is hovering in the oversold stage meaning that either a trend reversal or sideways trading is expected in the next 24-48 hours.
Bollinger Bands: The priceline is closer to the lower end of the bollinger bands which also signals a potential bullish reversal upcoming. Moreover, the priceline is below the MA which is another indicator of upcoming bullish momentum.
EOS Price Prediction
Both the RSI and BB are signalling either sideways trading or a bullish reversal upwards. However, we also have to keep in mind that EOS is following Bitcoin’s movement. As such, if BTC/USD makes any sudden moves upwards or downwards EOS will follow suit.