I believe EOS will trade well against most of the current sentiment that is bearish in the cryptosphere.
It did a phenomenal run in the April when BTC was getting REKT and so it can do it again i think.
It looks oversold, and MACD should turn up once the volume and price begin to impulse. But give it a couple weeks, (end of august, early september) for the initial set of REAL impulses.
Anything that we see now can be likened to corrective bounces.
Target in sight is roughly the 13 dollar range.
It did a phenomenal run in the April when BTC was getting REKT and so it can do it again i think.
It looks oversold, and MACD should turn up once the volume and price begin to impulse. But give it a couple weeks, (end of august, early september) for the initial set of REAL impulses.
Anything that we see now can be likened to corrective bounces.
Target in sight is roughly the 13 dollar range.
Comment:
Shift everything over to the right, may be a much longer time frame before we see some real impulse action :/