EOS Foundation Announces Restructuring, EOS Price Could Give Bullish Breakout
The restructuring of the EOS Foundation focuses on enhancing their operational efficiencies and reaching core objectives.
The restructuring of the EOS Foundation focuses on enhancing their operational efficiencies and reaching core objectives.
Next month on September 21, the EOSIO blockchain will undergo a hard fork after which it will support a community-run blockchain protocol Antelope.
The cryptocurrency market is experiencing a steep rally across the board, with many convinced that this may be the end of a two-year bear market.
Bitfinex opens the services of its decentralized crypto trading platform eosfinex. For new beginners and traders, the platform also provides tutorials and blog support to guide them through the entire process.
Coinbase, the San Francisco-based crypto exchange giant, announced that they are going to be listing EOS. Unfortunately, this announcement came along the same time as the crypto market crash, so EOS/USD’s price reaction was pretty bad.
EOS has replaced Litecoin in the list of top 5 crypto by market cap while the community is waiting for a “big announcement”.
Best growing altcoin is EOS that surged 14.25% to $7.95 in front of the Litecoin. Daily volume for EOS has pumped to $5.2 billion and its Block.one revealed that they’ve spent $25 million on RAM ahead June 1st big announcement.
Crypto markets show a major recovery adding $10 billion on Tuesday with Bitcoin approaching $4000. EOS becomes the steals the show with over 20% gains.
EOS has posted the healthiest performance in the top 20 cryptos surging over 25% in one month. The EOS price activity shows that there is a big confidence developing among investors, which’s likely to grow further in 2019.
The price has formed an “ascending triangle” pattern on the daily and 4-hour chart which suggests the probability for the price increase toward a resistance level of $6.8.