In the past few days, EOS price saw a steady decline from the $1.05 resistance against the US Dollar. The price traded below the $1.02 and $1.00 levels to move into a bearish zone. The decline gained pace below the $0.950 level. It even spiked below $0.900. A low is formed near $0.8708 and the price is now consolidating losses. EOS is trading well below $1.00 and the 55 simple moving average (4 hours).