🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
EOS Price Surges 9%, Eyeing the December Peak of $1.50
According to the EOS price action, the altcoin is heading in the upper direction by making a higher high structure. The EOS daily technical chart shows that the price is in a bullish momentum, having surged 9% in the last 24 hours.
According to CMC data, currently, the EOS price is at $0.8408 and trading above the 50-day and 200-day EMA, indicating bullishness. The EOS 50-day EMA at $0.7250 is supporting the price, while the 200-day EMA at $0.6873 is acting as a strong base.
December’s strong bullish rally propelled EOS price to $1.53 level, but then the price took a downward turn. After hitting a low of around $0.50 in March 2025, the cryptocurrency has started to pick up again. Now showing more buyers are interested in accumulating it, as it has gone above $0.85 recently.
Is the EOS Price in a Bearish Grip?
RSI on the daily chart is showing 59.59, and the 14 SMA line is at 63.06, which means the market is showing a moderate bullish trend without being too overheated. This means there’s still some more room for the price to go up before it starts to face a consolidation or pullback.
Key resistance levels to watch include the immediate horizontal resistance at $1.0314, and if the price breaks through that, it could push the price up toward the highs from December near $1.50. Support can be found at the 50-day EMA ($0.7250) and at a bigger support area around $0.4420.
EOS could make an upmove, as its price is moving in the right direction and is being backed by key EMAs and good momentum signals. The cryptocurrency looks like it might be starting to go up, but traders should still be careful because there’s a resistance level at $1.0314. Investors and traders should keep an eye on buying volume to check if buyers are really sticking around.
Highlighted Crypto News Today:
Story’s $IP Token Surges 22% Monthly Amid Crypto Market Rally