XRP

EOS: Improving?

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EOS has gained over 8% in recent 24 hours, which is quite good jump considering the loss over 36% of its value in last weeks.

EOS was taking Bitcoin Cash 4th position but not for long and back today at its the 5th place.

Considering the longer-term perspective, EOS/USD is capped by DMA5 at $3.55. Once it is cleared, the recovery may be extended towards the next crucial resistance at $4.30. On the downside, the support is created by Sunday's low at $3.08. Potentially, the collapse may be extended towards 2.0 and 1.9, which is the lowest level since December 2017.

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