Eos entered a downward channel after the rally. One of the current reasons would be to mark profit and wait for a much more attractive quote on a new purchase. At this point, it is trading at $ 14 in the middle of the trendline with tendencies to reach its lower end.
Fighting to maintain the current level is intense, especially as bulls try to defend the rally from 5.9USDto 23 USD. The price may reach the lower level of the trend channel. We are looking forward to the purchase confirmation at the level of 10-12 USD. The next major event is on 2 June - the launch of EOSIO 1.0. To maximize profit, we see an artificial fall in price, followed by a steady increase.
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!