Technical analysis by Ivan_Olyanskiy about Symbol EOS on 12/24/2023

EOS has had a good month, with clear signs of being oversold. There are also many signals indicating a potential reversal. However, the seller's index is still high, making it easier for the price to drop further. On the weekly chart, there are signs of strong selling pressure but also signals pointing towards a possible turnaround. The 'money flow' indicator is in the red zone, indicating ongoing selling activity. The three-day chart shows no manipulation and presence of sellers. Yet here we can see a promising buying zone emerging between $0.52 and $0.60. As for the daily chart, it's neutral. As Bitcoin moves, so does this asset.)