EOS Prepares for Bullish Price Action Despite Stagnating User Growth | Crypto Briefing

Key Takeaways

  • EOS consolidates within a narrow trading range that is defined by the $3.1 resistance and $2.9 support level
  • The low levels of volatility forced the Bollinger bands to squeeze on its 4-hour chart indicating that a major price movement is underway
  • Moving past resistance could send the smart contracts token to $4 while breaking below support may see it fall to $2.3

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