EOS Price Prediction: EOS Is Rebuilding Support
EOS Price Prediction – September 2The current trading outlook in the EOS market portends that it is rebuilding support against the purchasing strength of the
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EOS Price Prediction – September 2The current trading outlook in the EOS market portends that it is rebuilding support against the purchasing strength of the
Bitcoin price remained capped below the USD 20,500 resistance. BTC corrected below USD 20,000, but the bulls were active above the USD 19,500 support. It is currently (03:50 UTC) trading near USD 20,160 and is up almost 1% in a day and down 7% in a week.
Positive news helped certain altcoins buck the general downtrend.
Be[In]Crypto looks at seven altcoins that show promise for Sept and the developments surrounding their respective projects. The post Be[in]Crypto Presents Its Top Seven Altcoin Picks for Sept appeared first on BeInCrypto.
Bitcoin price started a downward move after it failed to surpass USD 20,500. BTC declined below USD 20,000 again before recovering some of its losses. BTC is currently (11:48 UTC) trading near USD 20,000 and is down almost 2% in a day and 7% in a week.
The EOS cryptocurrency has been one of the more interesting performers in August. It enjoyed a strong rally ahead of its rebranding but has since then let go of most of the gains in the last 10 days.
EOS price started a fresh decline from the $1.95 resistance against the US Dollar. The price is now trading below $1.55 and the 55 simple moving average (4-hours).
EOS price recovers to test the critical $1.50 mark but could not sustain the gains. The price is trading in red for the past few hours.
The cryptocurrency market decline appears like it's striving to drop further. This post is all about the top 5 cryptocurrencies of the week
EOS price analysis indicates a downside momentum for the day. The price is crawling in a very narrow trading range with a mild negative bias.
The EOS Network is an open-source blockchain platform that prioritizes high performance, flexibility, security, and developer experience.
The Bitcoin Hash Ribbons indicator has been flagged, and this indicator identifies periods where Bitcoin miners are forced to turn off due to a price drop. The underlying logic is that when miners are unprofitable due to the price of Bitcoin being at a major low, it offers long-term investors a brilliant buying opportunity.
The EOS price prediction would become very bullish if the price gains acceptance above the 200-day MA. The $2.28 level is still on the cards.
The EOS/USDT pair failed to give a bullish breakout of a rounding bottom pattern due to the increased selling pressure at the $1.89 supply zone. However, the price action displays the underlying bullish sentiment is preparing a trend reversal with a cup and handle pattern.
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The recent bullish crossover on the 20 EMA (red) and the 50 EMA (cyan) came to fruition after EOS's side-channel (yellow) breakout. The resultant growth entailed a position above the near-term EMAs.
The EOS Coin has maintained its previous-day upward rally and is trading near $1.75.
Bitcoin and the cryptocurrency market have been trading sideways for the past week after suffering big losses over the weekend. Despite the short-term negative price movement, market participants are still optimistic about the altcoins, suggesting that the industry is increasingly risk-averse.
EOS price rallied and was able to clear the $1.60 resistance against the US Dollar. The price is now trading above $1.60 and the 55 simple moving average (4-hours).
EOS price analysis indicates the continuation of a price correction. The spectacular rise in the price attracted the sellers and initiate a distribution near the supply zone.
Coinspeaker EOS Token Jumps 30% after Major Technological Shift
The last few days haven't been the best for the cryptocurrency market. However, despite all the uncertainty looming over the cryptocurrency market, EOS has managed to stand out.
Though cryptos have enjoyed significant momentum over the past several weeks, recent weariness may be a cause for concern.
The U.S. may finally be moving to regulate cryptocurrencies and crypto banks.
The token's 28% price surge over the past seven days follows an announcement that Antelope will be used as the supporting protocol for EOSIO-based blockchains.