Price Analysis of XLM and EOS
Crypto Guide
Live News

Keeping up with all the cryptocurrency news and updates is not an easy task, but we are up to the challenge! This way we can help our readers to keep track of changes in these fast growing currencies. Just like our site, is willing to face this challenge and on their site, they compile the features, key elements, and recent news involving bitcoin casino sites and which are the best to try!

Price Analysis of XLM and EOS

January 7, 2020      Cryptoknowmics

The price of EOS is near the overhead hurdle at $2.8695. The moving averages are close to completing a bullish crossover and the RSI is within the positive zone. This is a positive signal showing that buyers are in control.

A successful surge over $2.8695 could initiate a rally to the downtrend line. However, it is likely that the sellers will take a stand at the downtrend line, due to the turning down of the price from it many times within the previous few months. Nevertheless, a successful surge over the downtrend line could initiate a move to $3.50.

As for XLM, its price was able to surpass the initial overhead hurdle at $0.047799. A successful close over this level will lead to more upside moves.

The 20-day EMA is flat and the RSI is now in the positive zone, suggesting that the sellers are losing control.

READ  Bitpay Partners With Poynt To Bring Crypto Payments To The Mainstream

The ability of the price to keep moving to the upside and surpassing $0.051014 could initiate a rally to $0.06 and a continuous surge could lead to $0.088. On the other hand, the failure to maintain a level over $0.047799 could keep the XLM/USD pair in a range for some days. The movement will become negative following a break under $0.042133.

#Altcoins #Crypto News #Cryptocurrency #Cryptocurrency Market #Cryptocurrency News #EOS #Price Prediction #Stellar (XLM)

The dynamics of Crypto Fraternity is changing at a lightning speed. Access to most critical information in a timely and curated manner is extremely critical for the health of your investments. Cryptoknowmics is the fastest platform to bring and deliver news and critical information from above 3000 sources at your fingertips. We cover almost all aspects of cryptoworld from exchange, tokens, coins, dapps, ICOs, IEOs, STOs, events, airdrops, jobs, services, wallets, etc. We strive to be the complete solution for your crypto needs.