EOS/USD losses a large amount of ground in the latter stages of trading on Monday, dropping over 8% in just over an hour. Key near-term support tracking from $8.35 down to $8.15 gives way to the bears. The EOS price was seen down over 6% on Monday, after initially starting the session some what stable, but the bears came running through the door to see EOS/USD free-fall over 8% in around an hour. EOS/USD has struggled to find a firm trend over the past 5 sessions or so, trading within a narrow range of a few cents. This lack of committed market direction has been seen across the board, with the other major altcoins behaving similarly. Technically, EOS/USD was caught buy a known area of support at the low of $7.94, which is also the low seen on 2nd July. Should the bears manage to pile the pressure back on and the support at Monday’s low gives way, then the price could quickly fall back to $7.30. Resistance is not seen until $8.60, proximity to the 50 and 100MAs on the 60-minute time frame. EOS/USD 60-minute 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 Crude Oil WTI Technical Analysis: undecided WTI sticks to $74.00 a barrel FX Street 3 years EOS/USD losses a large amount of ground in the latter stages of trading on Monday, dropping over 8% in just over an hour. Key near-term support tracking from $8.35 down to $8.15 gives way to the bears. The EOS price was seen down over 6% on Monday, after initially starting the session some what stable, but the bears came running through the door to see EOS/USD free-fall over 8% in around an hour. EOS/USD has struggled to find a firm trend over the past 5 sessions or so, trading within a narrow range of a few cents. This lack of… Top 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.
