EOS

Dump of February 15 has proved again that even on the online markets bulls get exhausted running such a long distance.The market was able to recover quickly and on all major cryptocurrencies we have noted a large bottom wick on a 4H candle. In general, such price action clearly states that the bullish sentiment remains and buyers are ready to push the price higher after a short rest.Currently almost all major altcoins are following the same pattern and from the first glance it might look like...

EOS starred a strong increase and it cleared the $3.500 resistance against the US Dollar.The price is currently trading well above $3.800 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $4.000 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to continue higher above the $4.200 and $4.500 resistance levels.EOS price is trading above a major pivot level at $3.800 against the US Dollar, while bitcoin is...

EOS failed to clear the $3.000 resistance and declined below $2.800 against the US Dollar.The price is currently trading well below $2.800 and the 55 simple moving average (4-hours).There is a key declining channel forming with resistance near $2.650 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could start a strong rally if it clears the $2.650 and $2.800 resistance levels.EOS price is trading above a major support near $2.400 against the US Dollar, while...

Ethereum has a major DeFi lead in several key metrics, including the overall number of DeFi apps, number of DeFi users, number of DeFi developers, and total value transacted through DeFi apps.As the race for decentralized finance (DeFi) supremacy heats up, Ethereum is still leaps and bounds ahead of the pack, and it doesn’t look like that’s about to change any time soon. In the last few months, a wide variety of other blockchains have seen DeFi development activity skyrocket, with platforms...

EOS remained in a range below the $2.950 and $3.000 resistance levels against the US Dollar.The price is currently trading near the $2.720 support and the 55 simple moving average (4-hours).There is a major ascending channel forming with support near $2.700 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could start a strong rally if it clears the $2.950 and $3.000 resistance levels.EOS price is trading in a key range below the $3.000 resistance against the US...

EOS started a strong decline from the $3.950 level and declined below $3.00 against the US Dollar.The price is currently trading below the $2.800 resistance and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $2.800 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could start a strong rally if it clears the $2.800 and $2.980 resistance levels.EOS price is forming a decent support at $2.400 against the US...

Dan Larimer, the blockchain entrepreneur that co-founded the company behind the popular project EOS, has left his position after four years. Interestingly, the native cryptocurrency EOS has reacted immediately with a vigorous price drop of about 25%.Larimer, who served as Block.one’s chief technological officer, has resigned from his position at the company as of December 31st, 2020. “I will continue on my mission to create a free market, voluntary solutions for securing life, liberty,...

EOS started a strong surge from well below the $2.800 zone against the US Dollar.The price is currently trading well above $3.200 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support at $2.950 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct a few points, but dips are likely to be limited below $3.200 and $3.000.EOS price started a fresh rally above $3.000 and $3.200 against the US Dollar, similar to...

Overall, $6.6 billion worth of Tether (USDT) now exists on the TRON blockchain, and between 300-400k USDT transactions are conducted each day on TRON making it arguably the number one network for USDT.If you’re a stablecoin user, odds are you are aware that Tether (USDT), the most popular USD-backed stablecoin, is available to use on multiple different networks.  There’s the original Omni-based Tether, based on top of the Bitcoin blockchain, and there’s also a variety of tokenized Tether...

EOS started a strong decline from well above the $2.800 support zone against the US Dollar.The price is currently correcting higher from $2.000, but it is well below the 55 simple moving average (4-hours).There was a break below a major bullish trend line with support at $3.000 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to move lower as long as it is below the $2.650 resistance level.EOS price started a fresh decline below $2.800 and $2.650...