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EOS , along with ETH and TRON, is one of the three most popular decentralized platforms in terms of amount of dapps, # of users and overall transaction and volume .
It is down more than 80% from ATH and is one of the top 10 most popular coins on CB .
However, there doesn't seem to have any short-term catalyst for price momentum according to derivative data and fundamental analysis .
I think it will be nice to slowly scale in in the demand zone and have a small percentage of your capital allocated to EOS . Set the stoploss below the daily POC .
Just my two cents. Not the investment advice.
It is down more than 80% from ATH and is one of the top 10 most popular coins on CB .
However, there doesn't seem to have any short-term catalyst for price momentum according to derivative data and fundamental analysis .
I think it will be nice to slowly scale in in the demand zone and have a small percentage of your capital allocated to EOS . Set the stoploss below the daily POC .
Just my two cents. Not the investment advice.
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