The EOS price has been able to recapture the support zone between $2.20 and $2.50 in the last few weeks and has corrected to the GoldenPocket in the last weekly candle, which is why the chart picture is quite bullish . Anyone considering investing in EOS could make it between $2.20 and $2.50. The GoldenPocket sits at $2.40 and serves as additional support, so the price could turn around from there. If the GoldenPocket holds, the price could soon rally more and start a minor uptrend. This uptrend could result in a price increase of over 50%!
With the EOS price finding support at the GoldenPocket, we expect the price to rise by around 50% initially. The next resistance zone is between $3.50 and $3.75, so we expect this resistance to be tested. After the price has tested this resistance zone, we expect prices to fall again. The project seems to be failing because hardly any people were interested in it in the last bull market. There is now too much competition for EOS to compete with. If you are considering investing in EOS, you should definitely think twice.
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