We could say that next week the price of EOS next week can go up, go down or stay in the trading range it is right now, obviously...
since EOS began to be traded on big exchanges like Kraken and bitfinex not long ago it's even harder to predict things and use TA
so little data...
but let's give it a try:
taking a look at the charts, what do they tell us?
on the EOS/USD 4H at Kraken we can definitely see that we have a support around 1.40 USD and a resitance-ish around 2.05 USD
if it breaks the resistance it is testing now, what can be likely if bitcoin keeps rising on price with August coming, it could easily follow the up trend and come to test previous fib levels at .236 (2.508 USD) or .382 (3.34USD) like in the past.
since I ate only 2 eggs for breakfast today, I would go with less risk and say that next week EOS could test previous highs and come closer to 2.50 USD again!
soft yolks please
I'm still a begginer on technical analysis, studying a lot about it and learning, so don't take it so serious!
what about you? where you believe EOS price may be next week?
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