Stellar Lumens, EOS, Litecoin, Tron, IOTA Technical Analysis: EOS, Litecoin and IOTA At Definitive Supports

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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

EOS Daily Chart by Trading View

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