The global markets plummet as the tariff war escalates after Donald Trump's Liberation Day

The EOS price has been demonstrating massive strength in the last few days of Q1 2025, but the token faced a 20% pullback after entering the crucial resistance zone

The global markets have opened on a huge bearish note today after Donald Trump’s Liberation Day, as the tariff war continues to escalate. The stock markets across the US, Japan, China, Taiwan, UK, and many more opened on a setback. While many refer to it as Black Monday, experts believe the bearish influence may settle soon.

With this, crypto markets are also expected to recover, and this could be when these altcoins may make a strong move.

EOS Price Analysis

The EOS price has been demonstrating massive strength in the last few days of Q1 2025, but the token faced a 20% pullback after entering the crucial resistance zone between $0.82 and $0.88.

However, the price slid below the multi-month ascending trend line, but it remains inside a bullish zone, which holds the possibility of a strong recovery upright.

The EOS price has dropped persistently, but a potential ascending trend seems to be forming. The price is testing the crucial support at the 200-day MA at $0.677, and even if it loses the 50-day MA at $0.588, it may offer a strong base.

As the volume has surged notably, it reflects the increased trading activity, which may trigger a strong rebound in the EOS price.

Fartcoin (FARTCOIN) Price Analysis

The global market conditions have failed to heavily impact the FARTCOIN price, which is attracting the attention of the market participants.

The bulls are trying hard to push for a rebound, which could elevate the levels back to $0.6 very soon. However, volume remains low, which could dampen the recovery pace.

As seen in the above chart, the Bollinger Bands have begun to squeeze, citing the drop in volume and volatility. Moreover, the 50-day MA is offering a strong base, which collides with the lower bands of Bollinger.

Therefore, the FARTCOIN price is expected to trigger a rebound or else may drop to test the support levels and later trigger a rebound.

The bulls seem to have entered the markets and are utilizing the ‘buy at dip’ opportunity well. However, the Bitcoin price has triggered a decent recovery, and if it rises above $78,000, the path towards a strong recovery may be activated. Otherwise, a plunge below $72,800 could further drag the entire crypto markets lower.