Epic Chain (EPICUSD) Price Will Keep Rising

Epic Chain (EPICUSD) Price Forecast: August 7

The EPICUSD pair is currently recovering and  will keeprising,facing the upper channel. The coin price has recently ignited a potential surge above the resistance level, indicating a bullish momentum. Thus, if the token price closes above a $2.585 high mark, the accelerated buying pressure may increase the coin price to revisit the $2.876 upper resistance level, suggesting an optimistic future for the crypto.

Key Levels:
Resistance Levels: $2.115, $2.116, $2.117
Support Levels: $0.975, $0.965, $0.955

EPIC (USD) Long-term Trend: Bullish (4H Chart)

The long-term market value of Epic Chain is moving in a bullish direction and will keep rising as can be seen from the chart below. The coin price trades above the crucial level of the market and confirms a bullish race.
The pair hit and held the $1.859 resistance level, which is a price point where selling pressure tends to prevent the price from rising further, during yesterday’s session. This has enabled the coin to maintain its upward trajectory at its most recent peak.

As the bulls prepare for a significant rise, the price of EPICUSD is rising once again today on the 4-hourly chart with a bullish candle at a high point of $2.110 above the EMA-50.

The coin price may give a bullish breakout, hitting a previous high of $2.585 prior to a range collapse; if the bulls shift their focus and quicken their buying operations.

This will prolong the upward rally and fueled the release of more buy investors into the market.

As of now, the price signal is pointing upwards, indicating a bullish move, and in this case, the price of Epic Chain could surge to hit the $2.880 upper resistance mark in its higher time frame.

EPIC (USD) Short-term Trend: Bullish (1H Chart)

Analyzing the chart below, the EPICUSD market is bullish. The price currently trades above the EMA-50, making higher highs and moving towards the major upper resistance area.
The purchase investors were able to maintain the strength due to the persistent bullish pressure at a $1.900 level during yesterday’s session.

By correcting at the $2.110 supply value above the moving averages to resume the 1-hourly chart, the EPICUSD pair appears good for buyers today and encourages them to purchase because potential future gains are certain.

Thus, closing the 1-hour session above the $2.277 neckline will put the trade more on the buying side before any bearish appearance.

Similarly, the upward-pointing momentum indicator suggests that the Epic Chain price will continue to rise, and from a short-term viewpoint, a high of $2.358 may be the aim in the coming days.

Buy Epic Chain on eightcap.com