A new week dawns upon the cryptocurrency industry and there is plenty of bearish market pressure to go around. Although there will always be some minor expectations in this regard, it is pretty evident there will be some hurdles to overcome. As of right now, the EOS price faces the most pressure in the top 5. Its losses are not worrisome in the slightest, yet things are not looking too great either.

EOS Price Resumes Bearish Trend

While the world’s leading cryptocurrency is not necessarily losing all that much value, it is evident there is plenty of bearish pressure to keep an eye on. Especially where the other top 5 markets are concerned, the losses are stacking up pretty quickly already. EOS is a good example, as it has lost the most value of the entire top 5 at this time. That loss needs to be nuanced a bit, as the actual decline is not all that steep.

Over the past 24 hours, it becomes apparent the EOS price has decreased by 2.1% in USD value. This negative momentum drives the price down to $3.64, which is not…

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Source: https://themerkle.com/eos-price-remains-bearish-as-erroneous-whale-alert-sparks-confusion/