Monday saw eos remain in the green, despite the latest red wave in cryptocurrency markets. Today’s rally sees the token move almost 20% higher in the last seven days. Flow, on the other hand, extended its recent declines and is now down by almost 30% in the same period.
EOS was trading mostly higher on Monday, as the token remained close to a three-month high.
Last Wednesday saw EOS/USD rise to a high of $1.64, which was its strongest point since May 11.
Since then, market uncertainty has heightened, with the token fallen 20 cents below that level, at $1.44, on Sunday.
However, to start the week, bullish sentiment returned, with EOS hitting a high of $1.58, which is marginally below a ceiling of $1.60.
This peak saw the relative strength index (RSI) also hit a resistance point, colliding with its 65.45 threshold.
As a result of this, earlier gains have eased, as bulls opted to secure profits by liquidating positions.
EOS is tracking at $1.52 as of writing.
Flow (FLOW)
On the other...
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