EOS Price Analysis – Bearish trend metrics
Technicals for both EOS/USD and EOS/BTC reveal bearish trend metrics, with spot prices below both the 200-day EMA and the daily Cloud.
EOS Price Analysis – Technicals for EOS/USD reveal a nascent bullish trend
A swift drop on March 12th ushered in the beginning of a definitive bearish trend but the spot price has continued to recover.
EOS Price Analysis – Bullish trend shift approaching
Technicals for both the EOS/USD and EOS/BTC pairs show bearish trend metrics.
EOS Price Analysis – Bullish momentum slows
Technicals for both the EOS/USD and EOS/BTC pairs show neutral to bearish trend metrics. For the EOS/USD pair, a swift drop on March 12th ushered in the beginning of a definitive bearish trend but the spot price has continued to recover.
Class action lawsuit filed against Block.one, the company behind EOS
The company that conducted the initial coin offering (ICO) for the EOS token, Block.one, has had a class-action lawsuit filed against them in the Southern District of New York. The suit alleges that the company defrauded the plaintiffs through a year-long illegal ICO that raised more than US$4 billion but left investors with an unregulated asset.
EOS Price Analysis – Bearish trend metrics
Technicals for both the EOS/USD and EOS/BTC pairs show bearish trend metrics. For the EOS/USD pair, a swift drop on March 12th ushered in the beginning of a definitive bearish trend. The EOS/BTC pair had already drifted bearish in the prior week and has now hit multi-year lows. Both pairs are now below the 200-day EMA and the daily Cloud.
EOS Price Analysis – New yearly lows followed by a sharp recovery
EOS has followed the wider cryptocurrency market recently, with some gains in early 2020 and a swift drop last month.
EOS Price Analysis – A bullish trend at risk of reversal
Technicals for both the EOS/USD and EOS/BTC pairs show signs of a bullish trend at risk of reversal. Both pairs are now below the 200-day EMA following a Golden Cross and remain above the daily Cloud.
EOS Price Analysis – Voice beta coming later this month
Technicals indicate an emerging bull trend for both the EOS/USD and EOS/BTC. A key long term fundamental driver, the Voice beta launch, is scheduled to roll out this month and may be another driver of positive momentum.
EOS Price Analysis – Voice beta launch on the horizon
Fundamental drivers leading into the Voice beta launch, slated for February 2019, may create bullish momentum, as was seen around the initial announcement in June of last year.
EOS Price Analysis – An active but waning bearish trend
EOS has led the numbers game in terms of Dapp activity and transactions per day for many months, with transactions per day hitting an all-time high this week. However, further investigation has shown that 75% of these transactions may be bot activity.
Lawyers weigh in on Block.one settlement
While the blockchain industry comes to terms with the settlement between Block.one and the SEC, crypto lawyers are explaining the implications for token projects.
Block.one settles with the SEC
Block.one has been fined $26 million by the U.S. Securities and Exchange Commission over its unregistered 2017 Initial Coin Offering. The fine is being interpreted as sending a mixed signal.
EOS Price Analysis – First hard fork successfully implemented on September 23rd
EOS.IO v1.8 was released via hard fork earlier last week, enabling Voice, a social media platform. The hard fork is supported by all Block Producers and major exchanges.
EOS Price Analysis – All eyes on upcoming hard fork
Since the announcement of its Voice social platform on June 1st, both the EOS/USD and EOS/BTC pairs have fallen over 60%. Mean reversion targets for both pairs are US$5.00 and 67,000 sats with any further bearish price action finding support at US$2.65 to US$2.90 and 29,000 sats.
EOS Price Analysis – First hard fork set for September 23rd
Potential events to provide bullish momentum include the release of EOSfinex on July 25th and the v1.8 hard fork on September 23rd.
