Dogecoin Madness and EOS Skyrockets 30%: The Daily Market Watch
While bitcoin stands below $24,000, Dogecoin and EOS experienced enhanced volatility with the latter soaring by double digits.
Keep up with what's happening in the crypto world in real-time.
While bitcoin stands below $24,000, Dogecoin and EOS experienced enhanced volatility with the latter soaring by double digits.
EOS attempts to become a fully decentralized network following a key "hard fork" in September.
Bitcoin price struggled to clear the USD 24,500 resistance zone. BTC slowly moved below the USD 24,200 and USD 24,000 levels. It is currently (04:00 UTC) struggling and might continue to move down towards the USD 23,500 level.
If crypto markets remain in an uptrend during August, an EOS price prediction of $2.28 appears to be totally on the cards.
EOS price is showing positive signs above the $1.20 resistance against the US Dollar. The price is now trading below $1.25 and the 55 simple moving average (4-hours).
The crypto market continued closing in red for the fifth day, although it did not lose much today, sitting at $1.05 Trillion.
EOS price analysis shows the continuation of the upside momentum but with limited price action. The buyers meet the critical supply zone after surging more than 12% in the previous session.
EOS price is gaining pace above the $1.20 resistance against the US Dollar. The price is now trading above $1.10 and the 55 simple moving average (4-hours).
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. EOS's descent below the $3.6-mark gave the sellers enough thrust to cause a breakdown below $1.
If Bitcoin clears its overhead resistance level, ETH, BCH, AXS and EOS could resume their uptrend with surprising strength.
The bear market has upset many people. Yet, this post is all about the top 5 cryptocurrencies that have earned excellently in the last seven days.
For nearly six weeks, the EOS price rose in response to the rising parallel channel pattern. However, the pattern could contain the growth in bullish momentum, resulting in an upside breakout.
The EOS price analysis shows strong bullish momentum, despite the bears being at the upper hand previously. The buying momentum has overpowered the market with a greater tendency towards buying more assets.
EOS price has crawled back in the past few days as altcoins recover slightly. The coin has risen to a high of $1.05
EOS price is correcting gains from the $1.10 zone against the US Dollar. The price is now trading above $1.00 and the 55 simple moving average (4-hours).
EOS price is facing resistance near $0.98 and $1.00 against the US Dollar. The price is now trading below $1.00 and the 55 simple moving average (4-hours).
In a recent tweet, Vitalik Buterin praised EOS calling it “Ethereum On Steroids.” He said the naming reflects the lessons the core team learned from “Ethereum's amateurish naivety and idealism” to deliver a platform with superior scalability and speed.
Ethereum (ETH) co-founder Vitalik Buterin has tweeted that EOS, a once-popular blockchain project, stands for “Ethereum on Steroids,” recalling an old joke within the crypto community.
Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin recalled an old joke about cryptocurrency project EOS (CRYPTO: EOS) on Twitter Inc (NYSE: TWTR). What Happened: “EOS is Ethereum on Steriods,” joked Buterin, in response to what was presumably more sarcasm from Ethereum developer Josh Stark who asked what EOS was.
Ethereum's Vitalik Buterin has bewildered the cryptocurrency community by recalling an old joke about EOS
EOS price is facing resistance near $1.02 and $1.05 against the US Dollar. The price is now trading above $0.950 and the 55 simple moving average (4-hours).
EOS price is up by 1 percent in today's trading session, resuming a recent bullish trend that has seen it rise by 17 per cent in 4 days.
EOS price is facing resistance near $1.05 and $1.10 against the US Dollar. The price is now trading below $1.10 and the 55 simple moving average (4-hours).
AscendEX, a full-stack cryptocurrency exchange platform, announced today the addition of six new leveraged tokens for trading: ADA, DOGE, DOT, EOS, GALA, and LINK, set to go live June 16, 2:00 a.m. UTC. For more details on the new listings, see below: Token 3X Leverage Long 5X Leverage Long 3X Leverage Short 5X Leverage Short […] The post AscendEX lists new leveraged tokens: ADA, DOGE, DOT, EOS, GALA and LINK appeared first on CryptoNinjas.