EOS/USD price analysis: The road to reality

in #eos • 7 years ago

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The EOS/USD pair resumed its downside trading at $13.50. The correction is not over and will continue as long as the BTC/USD pair pursues its decline, but the EOS/USD pair might create its separate momentum in anticipation of the mainnet launch on June 2, 2018.

The fifth largest coin by market capitalization has lost almost half of its value from its peak of $23.00 making this price correction a good entry opportunity.

I will wait for the pair to trade at $11.50 to open a long position but I will open that position at a higher price if the BTC/USD pair finds support at $8,650 and consolidates.

Patience is the key.

I would appreciate your feedback and your vote very much.

For Educational Purposes Only.

#bitcoin #cryptocurrency #altcoins #money
7 years ago in #eos by
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