The price could not be kept above $11.5 and the next support zone around $9-10 from where you can take a small rebound of 10-15%. Mala added to the fire the news that the developers EOS admitted in their blockchain a critical error due to which funds could be stolen. In this regard, they transfer the release of their detachment for an indefinite period. This can be a driver for moving down to the area of $7-8, you need to be ready for this. Of course, everything will depend on the behavior of bitcoin. The medium and long term EOS is a very good investment with a growth potential of x10 or more.
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Comment:
After a successful transition to its own block, the price soared by 25% reaching $15.5, after which the correction began. The level of $15 is historically strong, so breaking it, the price can continue to rise, perhaps even update the high. If the price now goes into the trade in the $13-15 zone, it will talk about the set of positions for further upward movement. Strait prices below $12, I will regard as a continuation of the downward movement. It is possible that EOS can be the driver for the entire market, and the beginning of the uptrend.