Technical Analysis
EOS finished the weekend down from its highs in the $18 range after the breakout from special announcements. It has been re-tracing since then finding support around the high $12’s. Currently we are sitting at just over $14 as of 9:20 am CST.
This is healthy movement and is in the range of the continuing uptrend. Keep an eye on the $12 level. If it fails to support we may be back in the $10 range and it manages to get over that red-line at any point we might see another jump higher.
Short term view - I like the bullishness here although could go either way
Edit - I will be doing an update almost everyday and as such will be giving away some litecoin to a random user who upvotes my post. Once you upvote - put your ltc address in the comment section. My way of saying thanks and hopefully we can continue to grow the EOS ecosystem.
UPcoin registrations link - new exchange (not yet released) offering a credit in trading fees for help with a survey
