EOS on the very fast highway down to the deep south, dropping as much as 20% on Friday. The next big level the bears will be eyeing is seen at $7, a large area on the daily time frame. The EOS price came under heavy selling pressure during trading on Friday, as seen the crypto market, after some FUD was sparked. Market participants were somewhat concerned, after reports that Indian banks are set to stop dealing in cryptocurrency related business. EOS/USD was slammed hardest across the major altcoins, in its 20% drop to the deep south on Friday. The price ran through key support at the 13th June low, which was $9.10, which saw some additional selling through this level. Technically, EOS looks vulnerable to further downside pressure, the door is open for the bears to exploit the breach in key support. Next major target for the bears will look to be at the $7 mark, which is vital support area seen on the daily time frame. A break there could see a fast fall down to $5 territory. EOS/USD 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 AUD/USD adds more than 60 pips on Friday, turns flat for the week above 0.74 FX Street 4 years EOS on the very fast highway down to the deep south, dropping as much as 20% on Friday. The next big level the bears will be eyeing is seen at $7, a large area on the daily time frame. The EOS price came under heavy selling pressure during trading on Friday, as seen the crypto market, after some FUD was sparked. Market participants were somewhat concerned, after reports that Indian banks are set to stop dealing in cryptocurrency related business. EOS/USD was slammed hardest across the major altcoins, in its 20% drop to the deep south on Friday. The… 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.
