Comparing EOSBTC pair shows that EOS has made a concrete ground for growth:
Technicals:
1. RSI (14): Sever Positive Divergence at the bottom (Weekly Algorithmic Chart);
2. SRSI : The same is happening with SRSI Weekly and K line has just Crossed Up the D line;
3. PSAR: Following a -97.63% in 1,306 days EOS would be apt to a considerable growth.
Fundamentally:
It is heard that they have established they have established their Exchange office in Strait of Gibraltar. If this news turns to be true then EOS would be a truly valuable crypto to buy and hold.
Note: Compared to XRP & some other cryptos following introduction to an actual oversold point requires 3 - 5 years - meaning that the crypto stock may not be able to meet it's previous ATH just as the market (BTC or ETH) do. I mean it might take more time to get oversold and gradually slide on the longer term logarithmic channel.
This is not a financial advice.
Technicals:
1. RSI (14): Sever Positive Divergence at the bottom (Weekly Algorithmic Chart);
2. SRSI : The same is happening with SRSI Weekly and K line has just Crossed Up the D line;
3. PSAR: Following a -97.63% in 1,306 days EOS would be apt to a considerable growth.
Fundamentally:
It is heard that they have established they have established their Exchange office in Strait of Gibraltar. If this news turns to be true then EOS would be a truly valuable crypto to buy and hold.
Note: Compared to XRP & some other cryptos following introduction to an actual oversold point requires 3 - 5 years - meaning that the crypto stock may not be able to meet it's previous ATH just as the market (BTC or ETH) do. I mean it might take more time to get oversold and gradually slide on the longer term logarithmic channel.
This is not a financial advice.