EOS price analysis: Bears take control as EOS/USD drops dramatically this Monday

EOS price analysis: Bears take control as EOS/USD drops dramatically this Monday

The MACD indicator shows a reversal of bearish momentum. The Elliott Oscillator has had six straight bullish sessions. Following a bullish Sunday, the bears were able to take full control this Monday. EOS/USD dropped dramatically from $2.795 to $2.70. The hourly breakdown of Monday shows us that EOS/USD fell from $2.80 to $2.71 within five hours.