EOS Price Analysis: Risk of More Losses Below $0.83

EOS price is still facing selling pressure below the $0.90 support against the US Dollar. The price is now trading below $0.88 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.880 the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.88 and $0.900 resistance levels. EOS price is struggling below $0.90 against the US Dollar, similar to bitcoin. The price might attempt to recover if there is a clear move above $0.90. EOS Price Analysis Earlier this