Even if prices are fair off from seven days ago, still bears are in charge. The daily chart specifically displays a ball park five percent drop over a 24 hours span in coins as Tron, IOTA and EOS. Though we remain bearish, any high volume break above $65 might trigger the next wave of buy pressure in Litecoin while a close below $50 would definitely signal trend resumption and in that case targets at $30 would be ideal. Let’s have a look at these charts: EOS Technical Analysis
Needless to say, EOS prices are in a downtrend as the weekly chart shows. There statistics indicate that EOS prices are down 20 percent week over week. Unless otherwise, we shall maintain a bearish stand as we wait for prices to print nice higher highs before loading shorts in line with our previous EOS
Like this article? Take a second to support us on Patreon!