Today, EOS is trading at $2.53 at the time of writing. About a week ago, the coin was trading at $2.66 high. This explains the fact that the crypto is depreciating each day as the selling pressure persists.
Yesterday, buyers were able to push EOS above the $3.10 overhead resistance as the market shot up to $3.30 high. This is a positive move as the bulls were able to break the three months old resistance level.
Following the latest bearish impulse on June 27, EOS rebounded twice to reach the $2.50 resistance. The coin has fallen to the low of $2.20 in the last breakdown but made an upward correction to the recent highs.