EOS: Improving?
EOS has gained over 8% in recent 24 hours, which is quite good jump considering the loss over 36% of its value in last weeks.
EOS was taking Bitcoin Cash 4th position but not for long and back today at its the 5th place.
Considering the longer-term perspective, EOS/USD is capped by DMA5 at $3.55. Once it is cleared, the recovery may be extended towards the next crucial resistance at $4.30. On the downside, the support is created by Sunday's low at $3.08. Potentially, the collapse may be extended towards 2.0 and 1.9, which is the lowest level since December 2017.
EOS was taking Bitcoin Cash 4th position but not for long and back today at its the 5th place.
Considering the longer-term perspective, EOS/USD is capped by DMA5 at $3.55. Once it is cleared, the recovery may be extended towards the next crucial resistance at $4.30. On the downside, the support is created by Sunday's low at $3.08. Potentially, the collapse may be extended towards 2.0 and 1.9, which is the lowest level since December 2017.
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