{"id":231248,"date":"2019-06-29T04:02:24","date_gmt":"2019-06-29T08:02:24","guid":{"rendered":"http:\/\/insidebitcoins.com\/?p=231248"},"modified":"2021-09-02T11:11:41","modified_gmt":"2021-09-02T15:11:41","slug":"eos-remains-bearish-heading-for-close-resistance-before-rally-continues","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/eos-remains-bearish-heading-for-close-resistance-before-rally-continues","title":{"rendered":"EOS Remains Bearish: Heading For Close Resistance Before Rally Continues"},"content":{"rendered":"
The past few days price drop has positioned the EOS markets in a decline bringing the current trading price around $6. The last 24-hours trading, however, has risen the market by 5.2% as the cryptocurrency now manage to recover from the sudden price decrease.<\/p>\n
Key Levels:<\/strong> After establishing low at around $5.5, the EOS\/USD market has managed to recover a bit from the three days bearish scenario the market suffered from, as EOS price currently trades at $6. Meanwhile, the last 24-hours trading has shown some positive climb as the token faces the $6.5 and $7.2 on the upside. However, the market remains trading within a descending channel.<\/p>\n
\nResistance levels: $6.5, $7.2
\nSupport levels: $5.5, $5<\/p>\n