Coin Gabbar Token

Like bitcoin, the price of EOS is rising above $1.60 against the dollar. If the price breaks through the $1.75 and $1.76 resistance levels, it may continue its upward trend.This week,<a href="https://www.coingabbar.com/en/crypto-currency/eos-eos-prices-usd" rel="noopener noreferrer nofollow"> the price of EOS started a new upward trend</a> against the US dollar, starting around $1.30. The price increased in strength and was able to break through the $1.50 resistance zone.The price breached the $1.60 resistance level as well as the 55 simple moving average. The bulls even attempted to raise the price above $1.75. The bears, on the other hand, arrived at the $1.95 level. A high was made around $1.950, and the price began to fall.There was a decline below $1.80 and $1.75. The price fell below the 23.6% Fib retracement level of the upward trend from the swing low of $1.250 to the high of $1.950.EOS is currently trading above the $1.60 level as well as the 55-day simple moving average. On the upside, an immediate resistance level is near $1.75. On the 4-hours chart of the EOS/USD pair, a downward channel is forming with resistance at $1.72.The first major resistance is at $1.75, after which the price might continue to increase rapidly. In the aforementioned scenario, it may reach $1.95. Any more gains might send the price towards the $2.00 level.On the downside, an immediate support level is situated at $1.64. The next important level of support is at $1.60. It is close to the 61.8% Fib retracement level of the upward run from the swing low of $1.250 to the high of $1.950. If the price breaks below the $1.60 support, it may return to the $1.50 support.KEY LEVELS :RESISTANCE LEVEL : $1.80-$2.00SUPPORT LEVEL : $1.60-$1.45Get more cryptocurrency price predictions on:-<a href="https://www.coingabbar.com/en/price-analysis" rel="noopener noreferrer nofollow"> https://www.coingabbar.com/en/price-analysis</a>

Cryptocurrency price update: EOS PRICE ANALYSIS : Breakout of the Flag pattern energises bulls in their drive for $2.

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