The areas circled are times when the 55EMA crossed over the 200 EMA. The last time this happened, EOS began it's 500% run. The 55 EMA has just crossed again, OBV is creeping up and mainnet launch is June 2. Price action saw a minor setback when the flaw was revealed in their code. As of now, the 55EMA is acting as resistance and the 200 EMA is acting as support. The 55 EMA coincides with the resistance area of 17500 sats. A decisive break and close above that price range could prop EOS back up on track to retest the ATH.
On the side of caution: This could be the "buy the rumor, sell the news" due to mainnet launch. Keep an eye out for a break above the 55EMA or below the 200 EMA.
On the side of caution: This could be the "buy the rumor, sell the news" due to mainnet launch. Keep an eye out for a break above the 55EMA or below the 200 EMA.