EOS [EOS] bull pump, prices aim to breach resistance at $2.8
EOS [EOS] prices are witnessing a bull run is currently exhibiting overbought levels. It is currently the third top gainer in the market. The overall crypto market is exhibiting a bullish momentum with the first digital coin trading at $3764.
The cryptocurrency witnessed a wild upswing yesterday. The prices went on a steep climb and prices shot through the critical resistance at $2.5. The crypto asset began trading around $2.7 exhibiting a 16% rise. The current resistance level for the cryptocurrency can be traced at $2.85. The coin has entered a consolidation phase however, bullish sentiment prevails in the market. The next resistance level for the digital coin is found at $2.9.
The MACD levels indicate that the crypto is trading with strong bullish momentum. The hourly RSI of the coin is signifying that the coin remains overbought since yesterday. The 100 EMA line traced at $2.51 is indicating that the coin is on an uptrend. The digital asset is currently trading at $2.79 and is rising against USD by 14.31%.
The virtual asset is rising against Bitcoin [BTC] by 7.40%. At the time of writing, one EOS is equivalent to around 0.00076 BTC.
EOS Latest Updates
- EOS now holds a lion’s share in the dApp market. New data from DappRadar reveals that out of the top 50 dApps 26 of them run on the EOS blockchain. The Ethereum killer has beaten Tron, another elite in the dApp market. 21 of the top 50 dApps are run on the Tron blockchain.
- EOS no longer holds the fourth rank in the crypto market. Litecoin has shot past Bitcoin Cash and EOS to become the fourth largest cryptocurrency. The crypto asset currently ranks fifth in the digital currency market.
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