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EOS Network Significantly Upgrades with 1-Second Transaction Finality

[PRESS RELEASE – Alberta, Calgary, September 25th, 2024] The EOS Network announces the successful completion of its landmark upgrade to Spring 1.0. This upgrade has introduced the Savanna consensus algorithm, marking a new era in performance, reliability and speed on the network. By enhancing transaction finality to 1 second, EOS has achieved a more than 100-fold improvement over previous iterations. This rapid advancement in speed, security, and scalability sets the stage...

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EOS Price Analysis: Bears Aim Larger Drop Below $0.72

EOS price started a fresh decline after it failed to clear $0.9650 against the US Dollar. The price is now trading below $0.820 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance at $0.7850 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.7850 and $0.80 resistance levels. EOS price is struggling below $0.820 against the US Dollar,...

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EOS Price Analysis: Gains Could Accelerate Above $1

EOS price is eyeing a fresh increase from the $0.660 support against the US Dollar. The price is now trading above $0.80 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.800 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to rise if it clears the $0.960 and $1.00 resistance levels. EOS price is recovering above $0.80 against the US Dollar, like Bitcoin. The price...

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EOS Price Analysis: Uptrend At Risk Below $0.85

EOS price started a fresh decline after it failed to clear $1.150 against the US Dollar. The price is now trading below $1.00 and the 55 simple moving average (4 hours). There is a declining channel forming with resistance at $0.770 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.775 and $0.80 resistance levels. EOS price is struggling below $1.00 against the US Dollar, unlike Bitcoin....

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EOS Price Analysis: Bulls Aim For Move Above $1.15

EOS price started a downside correction from the $1.1420 zone against the US Dollar. The price is now trading above $1.050 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $1.0350 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it stays above the $1.035 and $1.00 support levels. EOS price is rising above $1.050 against the US Dollar, like Bitcoin. The...

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EOS Price Analysis: Risk of More Losses Below $0.95 Escalates

EOS price started a fresh decline after it failed to clear $1.1350 against the US Dollar. The price is now trading below $1.050 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $1.10 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $1.00 and $1.020 resistance levels. EOS price is struggling below $1.020 against the US Dollar,...

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EOS Price Analysis: More Gains Likely Above $1.105

EOS price started a downside correction from the $1.1060 zone against the US Dollar. The price is now trading above $1.050 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $1.050 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $1.1060 and $1.150 resistance levels. EOS price is declining below $1.1050 against the US Dollar, like...

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