EOS Price Analysis: EOS Escapes Above the 20-day EMA; What next?

EOS Price Analysis: EOS Escapes Above the 20-day EMA; What next?

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EOS shows a bullish marubozu candle, gaining by 10% intraday.
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Bulls demonstrated their strength and regained their momentum.
EOS token price rebounded from its demand zone of $0.600 and is escaping above the 20-day EMA near $0.750. In the support range, a double-bottom pattern was noted, and the pattern neckline was broken in the last session, and buyers gained traction above it. 
Moreover, the price movement indicates a strong momentum in the token’s trajectory, as it approaches a key level of $0.800, coinciding with the placement of the 50-day EMA mark. However, the sellers were trapped and were …
 

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We współpracy z: https://www.thecoinrepublic.com/2023/06/30/eos-price-analysis-eos-escapes-above-the-20-day-ema-what-next/

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