EOS price analysis for 08/12/2021

This week, EOS was able to overcome the resistance at $4.20 and continued to rise.

At night the price of EOS broke throughthe $5.00 mark, but have not yet been able to gain a foothold above it. At the time of writing, EOS is trading around $4.81. The nearest support level is located at $4.75. 

On the other hand, the nearest resistance levelis about $ 5.10. If buyers manage to break it, they can test $ 5.25 and $ 5.50. If purchase volumes are high, EOS will hit $ 6.00 in the coming days.

4-hour MACD EOS / USD is gradually gaining momentum in the bullish zone. The 4-hour RSI is above the 50 level.

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Based on materialswww.livebitcoinnews.com