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.
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.