EOS [EOS] struggles to rise above $9
EOS saw a surge in prices yesterday. EOS has seen a number of significant developments, the most important one being billionaire Peter Thiel’s recent investment in Block. one, the company behind the digital asset. Bitmain, one of the world’s largest blockchain hardware manufacturers, and hedge fund managers Louis Bacon and Alan Howard joined Thiel in investing in the company.Source
The resistance level found at $8.63 is sticking and shows no hopes of a breakout. The prices are struggling to stay above $9. The 100 EMA line shows an uptrend and the MACD records a bullish trend. The significant trading area for today is found from $8.144 to $8.74. The key resistance level set at $9 yesterday fell to $8.6 today The coin is currently trading at $8.299 and is dipping against USD by 3.55%.
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