Even though it appears as if most of the crypto markets are turning bullish again, that doesn’t automatically apply to every individual project. The EOS price, for example, is still under a fair bit of bearish pressure at this time. Despite some positive developments behind the scenes, it would appear the price is not responding in kind at this time.

EOS Price Continues to Lose Value

In the cryptocurrency world, there is hardly ever anything like a “major trend”. Although a lot of projects rely on Bitcoin’s momentum first and foremost, some will buck the trend at any given time. In today’s edition, it would appear EOS is bucking the positive trend, which will come as a rather big surprise to a lot of traders and speculators. There is no real reason for this particular trend either, which makes it a bit odd first and…

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Source: https://themerkle.com/eos-price-remains-slightly-bearish-yet-momentum-could-turn-around-soon/