EOS, along with ETH and TRON, is one of the three most popular decentralized platforms in terms of amount of dapps, # of users and overall transaction and volume.
It is down more than 80% from ATH and is one of the top 10 most popular coins on CB.
However, there doesn't seem to have any short-term catalyst for price momentum according to derivative data and fundamental analysis.
I think it will be nice to slowly scale in in the demand zone and have a small percentage of your capital allocated to EOS. Set the stoploss below the daily POC.
Just my two cents. Not the investment advice.
It is down more than 80% from ATH and is one of the top 10 most popular coins on CB.
However, there doesn't seem to have any short-term catalyst for price momentum according to derivative data and fundamental analysis.
I think it will be nice to slowly scale in in the demand zone and have a small percentage of your capital allocated to EOS. Set the stoploss below the daily POC.
Just my two cents. Not the investment advice.