EOS/USD continues trading above the 200 Moving Average and while its the case, the uptrend should remain valid. But at the moment the scenario where key support is broken should also be considered. If price breaks below the 38.2% it is likely that EOS will correct further down towards the 61.8% Fibs at $7.4.
On the other hand, the key support has been rejected and there could be an attempt to go lower, but if it remains respected by the market, EOS should continue moving higher, at least to produce the at $18.67.
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