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EOS/USD gains 15% in value as bulls push the price from $2.35 to $2.70

  • EOS/USD bulls have a field day as they push its price from $2.35 to $2.74 gaining 16.5% in the process.
  • EOS/USD is the second biggest mover after LTC/USD in the recent bullish spike.

EOS/USD bulls have taken over the market, moving the price from $2.35 to $2.74 this Friday. In the process, EOS/USD has gained 16.5%, making it the second biggest mover after LTC/USD (25%) on, what has been, a field day for cryptos. This also happens to be the highest price EOS/USD has reached in nearly a month.

EOS/USD daily chart

The EOS/USD chart shows the story of how staggering this bull run is. The market has shot out of the triangle formation and broken past the resistance at $2.70. EOS/USD has also gone past the upper curve of the 20-day Bollinger band indicating how bullish the market is. The $3.05 resistance should be the next goal for bulls. If they break past that, then that will consolidate the upward momentum of the market.
 

Author

Rajarshi Mitra

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

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