EOS/USD was one of the biggest losers among the top coins as the market came to a close this Wednesday. Price went down from $3.72 to $3.62. EOS/USD bears ended up on top this Wednesday as they took down the price by 2.7% from $3.72 to $3.62. This made EOS/USD one of the biggest losers on, what has been, an extremely slow day for the crypto market. The bulls need to defend the critical $3.50 support line even though it doesn’t look like the bears have the momentum necessary to break through. EOS/USD daily chart The EOS/USD daily chart forms a triangle which is prime for a breakout. Critical supports lie at both $3.50, as already mentioned, and the downward trending. While the market is trending below the 20-day simple moving average (SMA 20) curve, it is trending above both the SMA 50 and SMA 100 curve. The market is also in the middle of the 20-day Bollinger band which suggests that the market isn’t as bearish as it can be. The moving average convergence/divergence shows a slight increase in the bearish momentum towards the end. 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 US Dollar Index Technical Analysis: DXY heading towards 96.00 figure FX Street 4 years EOS/USD was one of the biggest losers among the top coins as the market came to a close this Wednesday. Price went down from $3.72 to $3.62. EOS/USD bears ended up on top this Wednesday as they took down the price by 2.7% from $3.72 to $3.62. This made EOS/USD one of the biggest losers on, what has been, an extremely slow day for the crypto market. The bulls need to defend the critical $3.50 support line even though it doesn't look like the bears have the momentum necessary to break through. EOS/USD daily chart The EOS/USD daily chart forms… 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.
