EOS was trading above a level of support on the charts, but buying volumes for the crypto-asset were falling. Further down the crypto-ladder, IOTA seemed to be forming a bullish pattern, but it wasn’t complete yet. A drop in IOTA’s value would invalidate the same. Compound was on a short-term uptrend and its direction in...Read More
Interestingly, at the time of writing, the bullish sentiment for the market’s altcoins seemed to be nearing an end after the Bitcoin bulls too, entered a cooldown period. This indicated that post a brief price surge, a south-bound trend was visible in EOS and Stellar Lumens (XLM). Despite this, the XLM market continued to be...Read More
With a bullish sentiment reaffirmed by EOS’s technical indicators, the altcoin was on its way to breach a key resistance level over the next few trading sessions. IOTA traders speculated the rise of bullish sentiment, but a weakening buying sentiment could soon cause a trend reversal for the altcoin. FTX token, on the other hand,...Read More
EOS, like many altcoins, saw a considerable surge yesterday following in bitcoin’s footsteps. This copy-surge must come to an end and soon it will, especially considering how both EOS and BTC’s price is developing right now. Overall, the short-term scenario for EOS looks bearish and this is not the right time to FOMO-in on either...Read More
The figures for Bitcoin flowing into exchanges were below their 90-day average this week, with a drop in supply seen as a bullish sign for the world’s largest cryptocurrency. Further down the crypto-ladder, however, EOS could not hold on to the recent gains it made, while Algorand was forced to drop to a region of...Read More
During press time, the entire market seemed to be on a downward trajectory. The global crypto market cap followed the trail recording almost a percent in daily decline. VeChain and EOS were poised for a southward price action towards their support levels, as mounting bearish pressure and low buying volumes existed for the two digital...Read More
The overall bullishness in the crypto-market seemed to be cooling off, at the time of writing, with the market’s movements mirroring Bitcoin’s bearish trading setups over the previous week. That’s not all, however, as quite a few of the market’s altcoins were picking up on Bitcoin’s bearishness, with the likes of EOS, Ontology, and Maker...Read More
EOS had recent positive fundamental developments that propelled price upward for the asset, although there were some signs of bearishness. VeChain faced significant resistance to any immediate hike in price and might lose a level of support if Bitcoin headed south. BitTorrent had a healthy amount of buyers in the market and might be working...Read More
Bitfinex Derivatives today announced the launch of perpetual contracts for EOS, Litecoin, and Polkadot. According to a press release received by AMBCrypto, trading went live on Bitfinex on 12 October at 9:00 AM UTC. Under this offering, each contract will be promising users up to 100x leverage and will be settled in Tether (USDt). The...Read More
The altcoin market, in general, appeared to follow the movement of Bitcoin, with the latter trading at $11,348, at press time. Polkadot formed a bullish pattern and could break out to test the next level of resistance. EOS was in a short-term uptrend, but it was unclear if buyers’ interest would facilitate the coin’s recovery....Read More
In an official announcement earlier today, popular exchange KuCoin revealed that it will be launching USDT-Margined Polkadot (DOT) and EOS (EOS) Perpetual Futures at 16:00:00 on 12 October 2020 (UTC+8), supporting 1-50x leverage. Polkadot, an open-source project founded by the Web3 Foundation, is a sharded protocol that enables blockchain networks to operate together. After its...Read More
With both Bitcoin and Ethereum noting some much-needed market momentum, altcoins seemed to be on the rise again over the weekend. Synthetix and VeChain were few of them, with the alts on the brink of kicking off another rally, with strong bullishness visible on their charts. EOS, however, fell to the overbought zone and hit...Read More
Most digital assets recorded positive gains on their daily charts today, as the bulls controlled the market. Bitcoin Cash and EOS remained delicately poised just under their resistance levels following a week-long consolidation. DigiByte, on the other hand, having breached its resistance was in for another possible bullish move over the weekend. Bitcoin Cash [BCH]...Read More
Software and EOS developer Block.one announced the news of Google Cloud joining the community via a blog post published earlier today, on Oct. 6. According to the announcement, apart from joining the network, Google Cloud is also aiming to become a BP on the chain. The decision to allow Google Cloud to become a BP...Read More
Steady gains by Bitcoin in the past few days did not have a positive impact on some major altcoin charts, while some others rose alongside BTC. Chainlink was in a period of consolidation over the past couple of days. This was likely to be a brief calm before another wave of selling pressure. Cosmos broke...Read More
Bitcoin was trading at $10,580, at press time. Whether it surges past $11,200 or drops beneath $10,000 to fill the CME gap, either movement could have a major impact on the market’s altcoins. Monero was trending north and recently flipped an important level of resistance to support, with XMR likely to rise higher. EOS toiled...Read More
The crypto-market, at press time, appeared to be in a consolidation phase following a massive Bitcoin move to the downside yesterday. EOS, particularly, was noting a decline in its bearishness, while bulls in the Ontology and Maker markets appeared to struggle in warding off a second wave of selling pressure. EOS Source: EOS/USD on TradingView...Read More
Tezos appeared to resume its larger downtrend and was likely headed to a lower price point after facing another wave of selling pressure. DigiByte appeared to be in a period of consolidation. EOS indicated a possibility of rising above resistance to flip the level to support, but the market was undecided at the time of...Read More
EOS has been bearish for the entirety of September, and the crypto seemed unlikely to reverse its trend, at the time of writing. VeChain‘s bulls, however, have been showing strength in the market over the past few days. Brave’s BAT made some gains over the past couple of days too, but it was unlikely to...Read More
After surging to new local highs last week, Binance Coin retraced some of its gains recently. In fact, it looked poised for a drop in the short-term, despite the fact that the demand for the crypto-asset has grown as more DeFi projects commenced operations on Binance’s Smart Chain. EOS continued to trade just beneath its...Read More
Bitcoin could be a sound long term investment according to these metrics. Yet in the short-term, it still remains a volatile asset. Trading at $10,900 at press time, Bitcoin’s surge left many altcoins struggling against bearish pressure. Polkadot formed a bullish pattern and had room to rise, but could fall short of the target. Ontology...Read More
Chainlink reached an ATH of $20 in August and could be set to slowly grind downward in the coming weeks. On a shorter time frame as well, the path of least resistance for LINK was to the downside. EOS was consolidating above a level of support. FTX Token could be set to trade within a...Read More
In July 2020, Pierce announced he would participate in the 2020 US Presidential elections as an independent candidate. He was recently nominated as a presidential candidate by the Independence Party of New York due to the new ballot threshold law that puts the party under threat. Interestingly, Pierce does not hope to win the upcoming...Read More
Despite the fact that Binance Coin was highlighted as being undervalued in a recent report, BNB was trending strongly upwards, at the time of writing. On the contrary, EOS lacked momentum in either direction, as was the case with Compound. Binance Coin [BNB] Source: BNB/USDT on TradingView Binance Coin had resumed the strong uptrend it...Read More
Tron was trading near important levels of retracement, while Synthetix was still in the throes of a sharp correction, at the time of writing. Further, EOS showed a lack of momentum in either direction, with the crypto likely to consolidate near its support in the next few days. Bitcoin, the world’s largest cryptocurrency, was able...Read More
When Bitcoin dropped in value from $12,000 to $10,200 a few days ago, so did most of the crypto-market. Over a longer timeframe, however, it is likely that what BTC is noting is only a retracement in its bull run. That being said, the drop in question did take many traders by surprise. Further, while...Read More
The popular Bitcoin and cryptocurrency derivatives exchange BitMEX announced the launch of ‘quanto futures’ for four crypto coins – EOS (EOS), Chainlink (LINK), Tezos (XTZ), and Cardano (ADA). This comes after BitMEX’s recent move that requires users to sign up for a mandatory ID verification procedure’. BitMEX To Launch Quanto Futures Trading For LINK, XTZ,...Read More
BAT lacked a significant trend in the short-term as it retraced to important levels after a recent surge. EOS could be flipping from bearish to bullish momentum. Litecoin continued to show bearishness. Basic Attention Token [BAT] Source: BAT/USD on TradingView BAT was trading at the 38.2% retracement level, after its spike to $0.443. It briefly...Read More
Binance Coin regained most of the losses following its most recent pullback, with BNB prepping for another upward move on the charts. At the time of writing, VeChain was showing strong bearish signals, while also exhibiting signs of a potential reversal that could play out in the coming days. EOS was another cryptocurrency that was...Read More
Bitcoin was trading beneath its support zone at $11,400 while Ethereum also dipped to support at $371. The weak performance of these giants prompted other coins to follow suit. Zcash and EOS have also been caught in a downtrend and showed no signals of reversing the trend. Algorand showed a possible bull pattern but it...Read More
