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EOS price forecast - will the price continue to fall or is there an upturn?



EOS price corrected to the $ 2.15 support during the last major sell-off. With this support, the EOS course also found support with the "Corona dump", which is why we currently have a good opportunity to shop. The $ 2.15 level was also the support that held when the crypto area was in the bear market. Next, we expect an upturn in the daily chart, as the RSI is also in oversold territory. The RSI had roughly this value when we had the Corona sell-off.


Should the support hold at $ 2.15, we expect the EOS price to rise to $ 4.055. There is the next major resistance, where the price could experience selling pressure again. After the price tests $ 4,055, let's assume a small correction. Then EOS price could break the $ 4,055 resistance and attack the nearest resistance. That resistance is around $ 5.51. We then expect another correction, as the price could see selling pressure there again. Thus the correction could take place until the next support. If everything goes according to plan, this is $ 4,055.

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