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  • EOS almost broken out on the long term chart.
  • Confirmations are still pending.

EOS, the surprise crypto which knows how to surprise bulls and bears alike, is again ready to surprise them all, this time by giving a breakout on the upside that can take prices flying, of course after crossing certain levels which would confirm the breakout.

EOS/USD is down more than 2 percent on day at $5.267, around the lows of the day. On the daily chart, EOS has crossed a long term descending trendline drawn from its April high of $23.02, although confirmation of this breakout would be when it crosses earlier high of $6.6.

As long as EOS manages to stay above this trendline, there’s always a possibility of this breakout confirmation occuring.

EOS/USD daily chart:

 

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