EOS

The perpetrators behind the alleged cryptocurrency Ponzi scheme PlusToken have transferred over 26 million EOS tokens from one of the wallets linked to the project to an unknown address.Historically, similar events have driven down the price of the moved asset, which brings the question if there will be any short-term consequences for EOS.PlusToken Withdraw 26M EOSThe Chinese project began a few years ago as a cryptocurrency wallet offering suspiciously high return rates to its users. To...

EOS price declined towards the $2.400 support level before recovering against the US Dollar.The price is trading above $2.500, but it is facing a major hurdle near $2.600.There is a key bearish trend line forming with resistance near $2.620 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could struggle to clear the $2.600 and $2.620 resistance levels in the coming sessions.EOS price is holding the $2.400 support zone against the US Dollar, while bitcoin is rising....

EOS price is trading above a couple of key supports near $2.700 against the US Dollar.The price is likely to start a strong increase if it clears the 55 simple moving average (4-hours) and $2.800.There is a major contracting triangle forming with resistance near $2.775 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could decline heavily if it breaks the main $2.650 support zone in the near term.EOS price is showing positive signs above $2.650 against the US...

Block.One is all set to launch its own blockchain-based social media platform Voice on the U.S. Independence Day July 4. Initially upon launch, only registered users can publish their content and engage online. EOS creator Block.One has announced that it will launch its blockchain-based social media platform Voice next month on July 4. The developers of Voice said that the beta version of the platform will be open for public reading. However, initially upon launch, only registered users can...

The last year saw a lot of crypto controversies with various social media platforms, including Facebook, Twitter, and YouTube. This led to a serious call for a decentralized solution where no single authority will have the capacity to censor content.In an attempt to answer some of these calls, the publisher of EOS, Block.one, announced the development of Voice – a blockchain-based social media platform intended to deliver transparency and to put the control back in users.What is Voice?Voice...

EOS price is trading nicely above the key $2.650 support zone against the US Dollar.The price is facing a short-term resistance near the $2.760 level, but it is well above 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $2.700 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair remains in an uptrend and it could continue to rise towards $3.000 in the near term.EOS price is gaining bullish momentum above the $2.700 level...

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EOS price retested the $2.400 support area and it is currently correcting higher against the US Dollar.The price is currently trading near the $2.550 resistance and the 55 simple moving average (4-hours).There is a key contracting triangle 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 increase if it clears the $2.650 resistance zone in the near term.EOS price is slowly recovering higher against the US...

EOS touched $2.74 after bouncing back with a 10% gain over the last 12-hoursAgainst Bitcoin, EOS price rejects sharply after attempting to break-through the 3800 SAT resistance.If EOS fails to find a rebound level at $2.6, the bears may resume pressure inside the hourly descending channel.EOS bulls continue to turn weak at resistance as buying volume decreases across its trading pairsEOS/USD: EOS Consolidating Around $2.64Key Resistance Levels: $2.74, $2.8, $2.9Key Support Levels: $2.6, $2.5,...

EOS price failed to stay above the $2.700 resistance and declined recently against the US Dollar.The price is now trading below the $2.650 pivot level with a bearish angle.There was a break below a key ascending channel with support near $2.640 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair remains at a risk of more losses towards the $2.400 and $2.300 support levels.EOS price is currently facing an increase in selling pressure against the US Dollar, similar to...