EOS/USD breaks to levels not seen since February last year

EOS/USD is currently down 9.21%.
All major cryptocurrencies are lower as sentiment tumbles.
EOS/USD breaks to levels not seen since February 2019

Rajan Dhall, MSTA FX Daily

The EOS/USD has not been at these levels since February 2019.

Today's crypto crash has taken EOS/USD fell a total of 11.76% in a two hour period.

3.30 has been a formidable support level in recent months but it just couldn't hold today as the sellers came in.

If the price continues to track the channel then we could be in for a big fall.

The December 2018 low stands at 1.55 with the next support at 2.97.

Author

Rajan Dhall, MSTA

FX Daily

Rajan Dhall is an experienced market analyst, who has been trading professionally since 2007 managing various funds producing exceptional returns.

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