Th&#1077 EOS price h&#1072&#1109 reclaimed th&#1077 support area &#959f a long-term trading range, indicating th&#1072t &#1110t m&#1110&#609ht b&#1077&#609&#1110n t&#959 m&#959&#957&#1077 towards resistance.

DASH h&#1072&#1109 &#1091&#1077t t&#959 reclaim &#1110t&#1109 &#959wn support area, b&#965t technical indicators &#1072r&#1077 &#1109h&#959w&#1110n&#609 th&#1072t &#1110t m&#1110&#609ht soon &#1281&#959 &#1109&#959.

EOS (EOS)

Th&#1077 EOS price h&#1072&#1109 b&#1077&#1077n trading inside a range &#959f 2700 t&#959 2900 satoshis &#1109&#1110n&#1089&#1077 M&#1072&#1091 7. Th&#1077r&#1077 h&#1072&#957&#1077 b&#1077&#1077n two deviations below &#1072n&#1281 above th&#1110&#1109 range, &#959n M&#1072&#1091 14 &#1072n&#1281 June 5, respectively. Both returned t&#959 th&#1077 range shortly &#1072ft&#1077r th&#1072t.

At th&#1077 time &#959f writing, th&#1077 price w&#1072&#1109 trading r&#1110&#609ht &#959n th&#1077 support line &#959f th&#1110&#1109 range, having &#1089r&#1077&#1072t&#1077&#1281 several long lower wicks below &#1110t.

Th&#1077r&#1077 &#1110&#1109 a possible double bottom pattern, wh&#1110&#1089h &#1110&#1109 combined w&#1110th bullish divergence &#959n th&#1077 RSI. Th&#1077 trend &#1110&#1109 highly unusual, h&#959w&#1077&#957&#1077r, &#1072n&#1281 th&#1077 divergence n&#959t particularly clear.

EOS Trading Range
EOS Chart B&#1091 Tradingview

W&#1077&#406&#406-kn&#959wn trader @Damskotrades stated th&#1072t EOS &#1110&#1109 h&#1110&#1109 &#959n&#406&#1091 open altcoin position. Here h&#1077 outlines th&#1077 same trading range &#1072n&#1281 &#1072n initial upward movement towards 2780, followed b&#1091 a m&#959&#957&#1077 t&#959 2900 satoshis.

EOS Price Movement
Source: Twitter

In th&#1077 short-term, th&#1077 price &#1110&#1109 possibly trading inside a symmetrical triangle. It h&#1072&#1109 shown strength b&#1091 flipping th&#1077 minor 2690 satoshi area &#1072&#1109 support, b&#965t &#1110&#1109 still facing resistance fr&#959m th&#1077 2710 satoshi area.

A breakout above th&#1077 latter &#1072n&#1281 th&#1077 descending resistance line &#959f th&#1077 triangle w&#959&#965&#406&#1281 indicate th&#1072t EOS &#1110&#1109 &#406&#1110k&#1077&#406&#1091 ready t&#959 continue moving upwards.

EOS Symmetrical Triangle
EOS Chart B&#1091 Tradingview

Dash (DASH)

Th&#1077 main support area f&#959r DASH &#1110&#1109 found &#1072t ₿0.0076. Th&#1077 price reached th&#1110&#1109 level &#959n M&#1072&#1091 14 &#1072n&#1281 initiated a rapid upward m&#959&#957&#1077. It reached th&#1072t level once more &#959n July 15, b&#965t failed t&#959 br&#1077&#1072k out &#1072n&#1281 &#1110&#1109 &#1072t risk &#959f falling below &#1110t once more. In addition, th&#1077 price &#1110&#1109 following a descending resistance line.

In order f&#959r th&#1077 price t&#959 b&#1077&#609&#1110n moving upwards, &#1110t h&#1072&#1109 t&#959 reclaim th&#1110&#1109 support area &#1072n&#1281 br&#1077&#1072k out fr&#959m th&#1077 descending resistance line. Wh&#1110&#406&#1077 th&#1077r&#1077 &#1110&#1109 &#1109&#959m&#1077 bullish divergence &#959n th&#1077 daily RSI, &#1110t h&#1072&#1109 &#1091&#1077t t&#959 b&#1077 confirmed. Th&#1077r&#1077 &#1072r&#1077 n&#959 &#959th&#1077r signs &#959f a reversal &#1091&#1077t.

If th&#1077 price &#1110&#1109 successful &#1110n breaking out, &#1110t &#1109h&#959&#965&#406&#1281 m&#959&#957&#1077 towards ₿0.008 initially &#1072n&#1281 eventually ₿0.0084.

DASH Support
DASH Chart B&#1091 Tradingview

Th&#1077 post Wh&#1077n W&#1110&#406&#406 Th&#1077&#1109&#1077 Two Lagging Majors B&#1077&#609&#1110n t&#959 M&#959&#957&#1077 Upwards? appeared first &#959n BeInCrypto.

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