TRENDING:

XAU/USD

Silver

EOS bears overachieve themselves

EOS extends downfall to reach beyond triangle breakdown traget.
If not sustained, this fall could deepen even further.

Manoj B Rawal Independent Analyst

EOS bears have been rejoicing with joy as they have overachieved their bearish targets on the downside of a triangle breakdown, as reported last week by this author (read here). What next? If prices don't stabilise here, then chances of a severe breakdown are quite high.

EOS/USD down more than a percent on day at $1.837, slightly above day's low. As visible on the daily chart and 720-minute chart, EOS has reached far beyond its potential triangle breakdown price levels and is now sitting at a critical juncture from where, if it is unable to bounce back, it could end in prices going all the way down to $0.51 - starting point of last year's rally in EOS, essentially reaching 100 percent retracement of the entire rally.

Oversold RSI might provide some help for now although on the upside, it faces resistance around $2.10 from where bears may come back in force.

EOS/USD 720-minute chart:

EOS/USD daily chart:

Get 24/7 Crypto updates in our social media channels: Give us a follow at @FXSCrypto and our FXStreet Crypto Trading Telegram channel

Author

Manoj B Rawal

Independent Analyst

Manoj B Rawal, financial markets professional with about 11 years of experience in writing, editing and advising on stocks, currencies and fixed income.

Bitcoin, Ethereum and Ripple consolidate after massive sell-off

Bitcoin, Ethereum, and Ripple prices consolidated on Monday after correcting by nearly 9%, 8%, and 10% in the previous week, respectively. BTC is hovering around $70,000, while ETH and XRP are facing rejection at key levels. Traders should be cautious: despite recent stabilization, upside recovery for these top three cryptocurrencies is capped as the broader trend remains bearish.

Ethereum: Trend Research capitulates, BitMine's Thomas Lee sees a V-shaped recovery

Ethereum had one of its sharpest historic declines over the past 10 days, shedding 40% of its value and briefly sliding below $2,000. The dip also saw ETH move below its realized price, or the average cost basis of investors — an occurrence that has historically accelerated selling pressure as investors cut losses.

Why Bitcoin and top cryptos are falling: Bitwise

The crypto market crash since October isn't down to a single factor but a combination of several, according to Bitwise CIO Matt Hougan. In a note to investors on Friday, Hougan outlined six key factors that potentially contributed to the crash that pushed down nearly every top crypto by more than 50% from prices seen over four months ago.

XRP recovery gains momentum despite retail market decline

Ripple is accelerating its recovery, trading above $1.36 at the time of writing on Friday, as investors adjust their positions following a turbulent week in the broader crypto market. The remittance token is up over 21% from its intraday low of $1.12.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: The worst may be behind us

Bitcoin (BTC) price recovers slightly, trading at $65,000 at the time of writing on Friday, after reaching a low of $60,000 during the early Asian trading session. The Crypto King remained under pressure so far this week, posting three consecutive weeks of losses exceeding 30%.