The Currency Analytics
By Maheen Hernandez
EOS has been through a good rally through the week, and it has reached a point of high resistance.
EOS/USD has been up by 3% during the day at $5.335. This is at a point that is not too low or too high.
For as long as the prices oscillates between these two trend lines possibilities are high for bears to push the price even lower to take it towards the $4.5 to $5 levels.
Travis, the Chief Investment Officer of Ikaigai Asset Management, has been talking about the entry of institutional investors into the crypto space.
Kling further stated, "We need to have the never say never attitude in the cryptocurrency space. It takes a massive shift in appetite for risky investments.
Kling implied that it was important to find out the methods to be used to put the money to work in the crypto space.
People are looking to invest with a risk-adjusted approach into Bitcoin, EOS and other Litecoins.
When Morgan Creek Digital made a recent investment Kling stated, "DLT and crypto assets fundamentally change our world.
While the cryptocurrency space is going through the bumps of highs and lows, several observers are of the opinion that there is an industry-wide decline in the practical…