The Bulls have the control but lack enough momentum to retrace higher. Various blockchain companies and at least 100 experts will take part in the 2-day conference. EOS price after trading a subtle double pattern has corrected lower sliding below the short-term support formed at $8.40. EOS/USD has also broken below the ascending trendline, however, it is still keeping the support above $8.00. The Bulls have the control but lack enough momentum to retrace the price higher. There are a couple of resistance areas created by the moving averages: The 50 SMA is limiting gains at $8.2 while the 100 SMA is offering resistance slightly above at $8.5. The next target to the upside is at $8.4 while the key resistance at $8.5 is a significant hurdle which could open the gate for EOS price to retrace steps back above $9.00. The moving average gap is reducing to confirm the bullish trend in the medium term. However, the stochastic on the 15′ timeframe chart is pointing south and is at 35% to show that selling pressure is still present. The traders must exercise patience to spot a strong bullish trend towards $8.4 while a break below $8.00 could have EOS price break down further below $7.8 and even test the recent lows at $7.00. EOS will be taking part in the Japan Blockchain Conference being held in Tokyo on Tuesday 26. The Developers Relations team will help the people at the event understand the EOSIO software. This conference is the first of its kind and is expected to bring the cryptocurrency experts to talk about the blockchain technology and its future. Various blockchain companies and at least 100 experts will take part in the 2-day conference. The organizers of the event are expecting at least 10,000 people to be in attendance. EOS/USD 15′ chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next GBP futures: extra gains unsustainable? FX Street 5 years The Bulls have the control but lack enough momentum to retrace higher. Various blockchain companies and at least 100 experts will take part in the 2-day conference. EOS price after trading a subtle double pattern has corrected lower sliding below the short-term support formed at $8.40. EOS/USD has also broken below the ascending trendline, however, it is still keeping the support above $8.00. The Bulls have the control but lack enough momentum to retrace the price higher. There are a couple of resistance areas created by the moving averages: The 50 SMA is limiting gains at $8.2 while the 100… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.