Marginbuu

EOS fell due to black swan effect caused by ripple!

Long
EOS was falling for no reason other than that people had huge cross margins open between EOS and Ripple and due to liquidations on ripple EOS started falling to. In fear this caused more panic and the price fell lower. And a correlation dump between EOS and ripple began. Finally on Okex, EOS reached a low of 1.90 and on HUOBI 2.00 . Eos also has hit its lowest price in satoshi since the beginning of the ICO . You can see that EOS never has been lower than 8000 satoshis. There is however good news! EOS painted the largest daily reject in years! This could spell imminent reversal of the extreme downtrend EOS fell in by accident.

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