EOS Price Keeping Its Range

The Merkle Fri, 8 Feb 2019

On Feb 9, EOS is trading at $2.35, says Dmitriy Gurkovskiy, Chief Analyst at RoboForex. EOS continuing its downtrend. After converging and hitting 61.80% Fibo on H4, the coin is correcting; it has already reached 50%, being around the diagonal channel resistance, and may head up further to $2.57. Conversely, in case the current low at $2.18 gets broken out, the price may go down to 76% Fibo, or $1.95.     On H1, EOS bounced off the resistance and started going down, although still trying to take down the resistance area. The price may break out $2.43, which will