- EOS/USD dropped by $5.365 to $4.36 over the last three days.
- The MACD indicates increasing bearish momentum.
EOS/USD daily chart
Following three heavily bearish days, the buyers were able to take control of the market in the early hours Tuesday. The bulls were able to take the price of EOS/USD up from $4.36 to $4.45. Before this, EOS has three bearish days during which the price of the asset fell from $5.365 to $4.36, dropping below the SMA 20 in the process. The Elliott Oscillator has had four straight red sessions, while the MACD indicates increasing bearish momentum. The RSI indicator is hovering around the neutral zone, indicating that the buyers and sellers are trying to take control of the market.
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