Bulls Face Uphill Task Near $1.05 –
EOS price is facing resistance near $1.05 and $1.10 against the US Dollar. The price is now trading below $1.10 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.05 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend its decline if it stays below the $1.10 resistance zone in the near term. EOS price is struggling below $1.20 against the US Dollar, similar to bitcoin. The...