EOS Price Analysis: 10/3/19
- EOS price is currently correcting higher after it formed a support base near $2.650 against the US Dollar.
- The price is facing a lot of hurdles on the upside near the $3.050, $3.100 and $3.350 levels.
- There are two bearish trend lines forming with resistance near $3.050 and $3.400 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).
- The pair could correct higher towards $3.100 or $3.350, but upsides are likely to be contained.
The price must surpass the $3.400 resistance area to move into a positive zone.