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  • EOS losses further ground on Thursday, one of the under performers with losses in excess of 4%.
  • EOS/USD key near-term support seen tracking from $6.95-6.80, an area that saved the price in Wednesday’s session.  


The EOS price was seen dealing with sizable losses of 4% on Thursday, as the price gave up further ground through the $7 level. A cooling in prices is still evident across the crypto market.  

EOS/USD is once again testing the stregnth of a near-term demand area, which is currently playing a vital role at preventing the price from a free-fall.  

Technically, eyes are on the tested zone of $6.95-6.80, as bears are pressing for a breach, which will likely open the doors to some further high pressured selling. As the price falls for EOS/USD, the small bounces being observed in-between the selling, a producing much lower highs, indicating another break south could be in the waiting.  


EOS/USD 60-minute chart