EOS drops below critical support, $7.00 under threat. EOS token can now be traded on Poloniex exchange. EOS, the 5th digital coin by market value, is changing hands at $7.09 at the time of writing, down nearly 7% on a daily basis and 2% since the beginning of Wednesday. The coin is moving in lockstep with other major cryptocurrencies, retreating from recent highs. EOS market value is registered at $6.4B, off the recent high of $7.8B. The daily average trading volume has settled at $738M. Meanwhile, Poloniex exchange announced support for EOS. Customers can deposit and withdraw the coin and trade it agains USDT and BTC; EOS/ETH pairs will be enabled on August 1st, 2018. “At this time, we are only planning to support EOS mainnet tokens and will not be accepting deposits of the ERC-20 variant or providing conversion to mainnet tokens. In addition, we will not be supporting EOS airdrops for the time being,” the exchange wrote in the official blog post. EOS technical picture Looking technically, EOS/USD came close to critical $7.00. Once it is cleared, the sell-off will get stronger to take the price towards the next support around $6.55, which is the lowest level since July 12. On the upside, the first resistance is produced by $7.5, followed by $8.00, strengthened by 78.6% Fibo retracement. EOS/USD, the daily 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/JPY Technical Analysis: Aiming for a bull pennant breakout FX Street 5 years EOS drops below critical support, $7.00 under threat. EOS token can now be traded on Poloniex exchange. EOS, the 5th digital coin by market value, is changing hands at $7.09 at the time of writing, down nearly 7% on a daily basis and 2% since the beginning of Wednesday. The coin is moving in lockstep with other major cryptocurrencies, retreating from recent highs. EOS market value is registered at $6.4B, off the recent high of $7.8B. The daily average trading volume has settled at $738M. Meanwhile, Poloniex exchange announced support for EOS. Customers can deposit and withdraw the coin… 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.
