EOS is the biggest loser among the top 10 virtual currencies. The Bears continue to ignore the oversold levels, similarly, the stochastic is in the oversold. EOS price is at the forefront of declines as the market prepares for the weekend sessions. EOS is the biggest loser among the top 10 virtual currencies on Friday sliding over 10% on the day. EOS/USD has even broken below the falling wedge pattern as observed on the chart. However, the bulls are tasked to ensure that the immediate support at $9.00 stands to avoid more declines. In other news in the market, the Japanese government is working on improving the crypto exchanges in the country through the official watchdog, the Financial Services Agency (FSA). Communication from FSA on Friday said that it had ordered the improvement of money laundering measures in at least six exchanges. The FSA had noticed a lax in the measures including at the country’s largest exchange bitFlyer Inc. It reported that weaknesses have been discovered in the anti-money laundering controls and systems. Technically, EOS price is strongly bearish, besides it is trading at $9.2 after opening the day’s session at $10.39. The Bears continue to ignore the oversold levels, similarly, the stochastic is in the oversold region (12.5%). The price is below the moving averages, which are sending bearish signals. The support at $9.00 is likely to stand ground plus the buyers are currently seeking an entry. A bearish flag pattern supported above $9.00 will help to gather momentum to reverse the trend back up above $10.00. 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: room for extra upside FX Street 5 years EOS is the biggest loser among the top 10 virtual currencies. The Bears continue to ignore the oversold levels, similarly, the stochastic is in the oversold. EOS price is at the forefront of declines as the market prepares for the weekend sessions. EOS is the biggest loser among the top 10 virtual currencies on Friday sliding over 10% on the day. EOS/USD has even broken below the falling wedge pattern as observed on the chart. However, the bulls are tasked to ensure that the immediate support at $9.00 stands to avoid more declines. In other news in the market, the… 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.