Crypto Analysis

EOS Price Analysis: Next Downside Targets

EOS continues to trade lower beneath a descending trend line visible on the daily and 4-hour time frames. Price just bounced off this resistance and is setting its sights on the next downside targets marked by the Fibonacci extension tool. The 38.2% extension is below the swing low at 6.3000 and the 50% extension is at 5.3000. Stronger selling pressure could take it down to the 61.8% extension at…
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