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RE: EOS BUY ALERT! EXPECTED PRICE TARGET BETWEEN $1.00-$1.10 SHORT TERM! $1.45 LONG TERM!
Another factor for downward pressure was Bitfinex revoking EOS trading for US customers due to the somewhat recent SEC ruling on ICOs.
The irony of that is I have all of my EOS tokens on Bitfinex LOL
There is still a legal gray area.