EOS surpassed a very key level which is the $4 price point. It's the first time it trades above $4 since almost a year! It has been hovering around $2 to $4 for that time period until today where it went as high $4.30. It could mean that it created a support and would be heading towards new highs such as the 0.236 FIB level (around $6.50) relative to the 2018 all time high of $23.
This does go well with the current market sentiment of near euphoria so this could see a good pump as well as a good pullback in the near term. But it remains quite good news for EOS. It is still quite far of it's all time high and cheap compared to other coins which represents a good opportunity.
What do you think?
This does go well with the current market sentiment of near euphoria so this could see a good pump as well as a good pullback in the near term. But it remains quite good news for EOS. It is still quite far of it's all time high and cheap compared to other coins which represents a good opportunity.
What do you think?