It goes without saying that rarely altcoins have true independence due to the strong correlation with the King of all Kings (Bitcoin), but once in a blue moon a coin tends to take on a trajectory of its own.
After breaking a major tops trendline EOS is currently sitting at the retest on that very same trendline. If the retest holds we should see a comfortable climb above $3.40 and towards $4 by November. What happens after will largely depend on the overall altcoins market, but EOS could lift off towards the 0.5 Fib level at $8 next March, if fundamentals are strong.
After breaking a major tops trendline EOS is currently sitting at the retest on that very same trendline. If the retest holds we should see a comfortable climb above $3.40 and towards $4 by November. What happens after will largely depend on the overall altcoins market, but EOS could lift off towards the 0.5 Fib level at $8 next March, if fundamentals are strong.
Trade closed: target reached