Price Analysis 09/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX
EOS has risen above $3.1534 and is attempting to rise above the downtrend line, which is an important level to watch out for. If the bulls can push the price above the downtrend line, it will signal a likely change in trend. Therefore, traders can initiate long positions on a close (UTC time) above $3.50 with a stop loss of $2.40. The first target is a move to $4.8719 above which the cryptocurrency is likely to pick up momentum.