EOS (EOS/USD) suffers losses but still in the game

EOS has lost more than eight percent!!! In the past 24 hours but I’m far from being in panic. The currency pair still stays within the channel and the closest support is strong. EOS has all chances to resume the uptrend in the nearest future.

EOS/USD Reached the support area at $7.65, but here lies the strong line, built by bulls. The price has tested this area a couple of times recently but failed to jump over it. That’s why I think that we have strong support there.
My targets are still the same. I think that EOS is able to reach the resistance area at $9.56 in the nearest future. However, currently this target is far and I don’t believe the price will be there in a couple of days. Let’s stay patient and monitor the situation.

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