EOS Will Also Jump (Analysis Before The Breakout)

28 Apr 2020

We can see Tron (TRXBTC) and Ripple (XRPUSD and XRPBTC) printing a bullish breakout, Cardano (ADABTC) has been going up for the past two weeks.

Here we have EOS (EOSBTC) with prices still trading below resistance in the form of EMAs.

EOSBTC is trading below EMA10 and EMA50, which gives it bearish potential.

Now, prices are trading within a falling wedge and the chart looks similar to TRXBTC and XRPBTC before their breakout.

We believe that EOSBTC will also go bullish pretty soon.
Additional details on the chart.

Thanks a lot for reading.

Namaste.