The big question of the day is if and when the top cryptocurrency markets will show any signs of recovery So far, the wait seems far from over, as the hourly candles continue to look more bearish than usual. No market in the top 15 is noting gains except for the EOS price. While the uptrend is minimal at best, the market still clings to these small gains like there is no tomorrow.
Traders Expect the EOS Price to Pull Back
When the top cryptocurrencies remain bearish for nearly two full days in a row, a lot of unrest is triggered among investors and speculators. That is a rather normal turn of events, as the current outlook is anything but positive. For EOS, the current pressure is bothersome as well, albeit not necessarily definitive. It is one of the few markets to note an uptrend in BTC value, which is rather remarkable.
Over the past 24 hours, the EOS price has risen by 0.17% to $3.65. This has proven to be a solid support level, although a minor pullback seems all but inevitable at this time. What is more intriguing is…