The price of EOS is higher over the last week after putting in a higher high and higher low, which also makes for some positive sentiment when it comes to price action.
Anticipation Building
The rise in the price of EOS may seem counter intuitive considering we are still waiting for mainnet to launch and, well it was planned and expected to have happened already.
You would think that'd hurt price....maybe it will if this lingers on much longer, but for the moment we are in good shape.
As long as we can stay above $13 I feel good with upside potential of $18. I added a trading position about six hours ago as price was setting up for a potential push, which luckily we got.
I analyze the chart in the below video...
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Disclaimer: All info in this post is my opinion and for informational purposes only
Free e-book: ScaredyCatGuide to Knowing What the Heck Bitcoin Is
Disclaimer: All info in this post is my opinion and for informational purposes only
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UPDATE - The 2nd vote failed to get enough GO votes just now....price is selling off in reaction. We will see if its just a knee-jerk reaction or not.
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Great insight! Looking forward to following your information/insight again!
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I'm hesitant on EOS. Probably should have owned it but it wasn't available on the exchanges I was on.
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