Altcoins

EOS $EOS Forecast: Friday Edition: $7 Bound?

August 31 2018 17:50 UTC

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This edition features popular EOS $EOS price views from @FXSCrypto @NewsBTC & @cointelegraph. Or jump right to today’s EOS $EOS Forecast.

@FXSCrypto

View: bullish

bullish

Ken Chigbo of @FXSCrypto elucidates "EOS/USD has surged over 30% this week with its big bull gains, sights on a return to $7.00 [and] The current move north is being supported by an ascending trend line, which has been running since 27th August, immediate support eyed at $6.07-6.08."

@NewsBTC

View: neutral

neutral

Dalmas Ngetich of @NewsBTC discerns "Though there were expectations of further upsides, yesterday’s damping effect didn’t do much service to price which is currently down eight percent in the last 24 hours [and] Any follow through adding on Aug 27 gains with closes above $7 shall trigger the next wave of buys"

@cointelegraph

View: bullish

bullish

Rakesh Upadhyay of @cointelegraph enunciates "Our bullish view will be invalidated if the virtual currency turns down from the 50-day SMA."

EOS $EOS Forecast

on Friday August 31 2018 17:50 UTC

bullishneutralbullish

The crypto pundits say: “bullish/neutral/bullish/”.

We have two bullish and one neutral view on $EOS. At the time of writing $EOS/USDT on Binance is “2018-08-31 10:47:40 Last Price 6.4333 $6.43 24h Change 0.4644 +7.78%”. Bitcoin $BTC has just breached $7,000 again and this will help push EOS upwards as well.


[legal disclaimer] Just one news report can invalidate a technical analysis.

Disclosure

The author does not hold EOS $EOS at the time of writing.

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