EOS price started a recovery wave above the $2.50 resistance zone against the US Dollar. The price is now trading above $2.75 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $2.68 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could resume increase if it clears the $2.89 resistance zone in the near term. EOS price is showing bullish signs above $2.75 against the US Dollar,...
Read More »Four EOSIO Protocol-Based Blockchains Commit $8M to Rebrand Technology Stack
EOS, Telos, WAX, and UX Network have come together to gain control over the development of the EOSIO protocol core code that underpins each of these blockchains. Collectively, the coalition has announced dedicating a whopping $8 million annual budget for core development and developer outreach this year. Rebranding EOSIO According to the press release shared with CryptoPotato, all four blockchains will remain distinct from one another and will work towards adding new features...
Read More »EOS Price Analysis: Bears In Control Below $2.60
EOS price started a major decline from the $3.00 resistance zone against the US Dollar. The price is now trading below $2.60 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $2.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could resume decline if it stays below the $2.60 resistance zone. EOS price is showing bearish signs below $2.60 against the US Dollar, similar to...
Read More »EOS Price Analysis: Rally Could Extend Above $3.20
EOS price started a fresh increase from the $2.20 zone against the US Dollar. The price is now trading above $2.80 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $2.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could resume increase if it clears the $3.02 resistance zone. EOS price is showing positive signs above $2.80 against the US Dollar, similar to bitcoin. The price could...
Read More »EOS Price Analysis: Bulls Face Uphill Task Above $2
EOS price started a fresh increase from the $1.88 zone against the US Dollar. The price is now trading below $2.10 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1.975 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could resume decline if it stays below the $2.10 resistance zone. EOS price is showing bearish signs below $2.10 against the US Dollar, unlike bitcoin. The...
Read More »EOS Price Analysis: Bulls Eye Upside Break Above $2.3
EOS price started a fresh increase above the $2.00 zone against the US Dollar. The price is now trading above $2.10 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $2.18 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could gain bullish momentum if there is a clear move above the $2.30 level. EOS price is showing bullish signs above $2.10 against the US Dollar, similar to...
Read More »EOS Price Analysis: Bearish Below $2, Bears In Control
EOS price started a fresh decline from well above the $2.50 zone against the US Dollar. The price is now trading below $2.20 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2.12 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend decline if it settles below the $2.00 support zone. EOS price is showing bearish signs below $2.20 against the US Dollar, similar to bitcoin. The...
Read More »EOS Price Analysis: Key Hurdle Near $2.6
EOS price started a fresh increase above the $2.40 resistance zone against the US Dollar. The price is now trading near $2.50 and the 55 simple moving average (4-hours). There is a short-term rising channel forming with support near $2.48 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend increase if it clears the $2.60 resistance zone. EOS price is showing bullish signs above $2.45 against the US Dollar, similar to bitcoin. The...
Read More »EOS Price Analysis: More Gains Possible Above $2.8
EOS price started a fresh increase above the $2.45 resistance zone against the US Dollar. The price is now trading above $2.50 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $2.45 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend increase if it stays above the $2.45 support zone. EOS price is showing bullish signs above $2.50 against the US Dollar, similar to bitcoin. The...
Read More »EOS Price Analysis: Downtrend Could Resume Below $2.2
EOS price is struggling to clear the $2.45 resistance zone against the US Dollar. The price is now trading below $2.30 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $2.20 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend decline if there is a clear break below the $2.20 support zone. EOS price is showing bearish signs below $2.40 against the US Dollar, similar to bitcoin. The...
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