EOS Price Analysis 04th December

EOS Price Analysis 04th December

EOS\USD

EOS keeps on confronting selling at the 20-day EMA. This shows the bears are dynamic at more significant levels. The altcoin has shaped an outside day and a doji candle design, which demonstrates a harmony between the two purchasers and venders. While the purchasers are shielding the help near $2.4001, the bears are guarding the 20-day EMA.
On the off chance that the bears can sink the cost underneath $2.4001, a drop to the following help at $1.55 will be on the cards.
On the other hand, if the EOS/USD pair breaks out of the 20-day EMA, it can climb to the 50-day SMA or more it to the downtrend line. Transient dealers may remain on the long side after a break above $2.8695.