EOS has been one of the weakest cryptos of the current cycle. Where many tokens from the previous generation saw some decent gains, EOS saw "just" +700% gains and is currently giving everything back to the market. For instance, we're trading close to the lows of the corona capitulation event.
Recent price action has been overly bearish, where the general market has been trading either neutral or slightly bearish. Investors are simply dumping their EOS and exchanging it for other (better) coins.
The only area I'd be interested again in EOS would be in the bottom support area, ideally below $1,50. Chances are that we could see a decent bounce from there.
Happy trading!
Recent price action has been overly bearish, where the general market has been trading either neutral or slightly bearish. Investors are simply dumping their EOS and exchanging it for other (better) coins.
The only area I'd be interested again in EOS would be in the bottom support area, ideally below $1,50. Chances are that we could see a decent bounce from there.
Happy trading!
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📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
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🔥Premium Signals: fierytrading.com
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.