EOS movements are painfulUnfortunately, there is some place for going down and EOS is showing this to us again, not happily surprise us on the first day of winter.
Promising strengthening of the positions is over.
EOS/USD is down nearly one percent on day at $2.868 and in less than 1 percent range for the day.
Moreover, some rumors going around about the idea of creating a new ‘hypothetical’ currency crypto token from Block.one CTO Dan Larimer exiting EOS. Of course, nothing has been officially confirmed and EOS’ price action is yet to reflect any noticeable reaction to the news, however it is having its small input on this price range.
For now the asset has returned to a long-standing key support area between the 71,000 and 67,000 Sats levels .This was followed by the tow days heavy sell-offs that pummelled EOS’ price by -20%.
Next key support on the downside stands at $2.68, while resistance stands at $3.00 and $3.40.
