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EOSETH

#EOS/USDT#EOS The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We are seeing a rebound from the lower boundary of the descending channel, which is support at 0.6321. We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend. We are looking for stability above the 100 Moving Average. Entry price: 0.6321 First target: 0.6620 Second target: 0.6931 Third target: 0.7294
Long
by CryptoAnalystSignal
EOS / ETHEOS currently has only two options: it's either a SCAM, or it's poised for significant growth. If, for some reason, it can rise to the upper boundary of its current trend channel, that growth could amount to 1800%, potentially bringing EOS back into the top 10 cryptocurrencies. Only time will tell how feasible this is, but currently, EOS appears to be a highly undervalued product. EOS is trading at its autumn 2017 price levels. Its current market capitalization is $800 million, which is more than five times less than the funds raised during its ICO. There's also a possibility that Ethereum might face some challenges, which could bring EOS back into focus. In Japan, the launch of stablecoins backed by the Japanese yen on the EOS EVM network has been announced. Following all the updates in 2023, EOS's blockchain fundamentally looks much more promising than it did in 2022. Key aspects of this update include: 1. Ethereum Virtual Machine (EVM) in EOS: The EVM is an environment where Ethereum accounts and smart contracts operate. It acts as a virtual computer used by developers to create decentralized applications (dApps). The implementation of EVM in EOS will enable developers to build dApps and other decentralized finance (DeFi) applications on the EOS blockchain. 2. Benefits of the New Mechanism: According to Yves La Rose, CEO of EOS Network Foundation, the new consensus mechanism will combine EOS's performance with Ethereum's convenience, offering Solidity developers the opportunity to work on a much faster platform. EOS EVM will support over 800 exchange operations per second, which is three times faster than Solana and Binance Coin (BNB), and 25 times faster than Avalanche (AVAX). 3. Strategic Significance: The consensus mechanism update and EVM implementation are part of an overall strategy for the revival and growth of EOS. It also highlights EOS's ambition to attract more Solidity developers and users, improving compatibility with Ethereum and thereby expanding its potential both technically and from a business perspective. This update could significantly impact the EOS ecosystem, enhancing its attractiveness to dApp developers and contributing to the growth of the total value locked in DeFi applications on EOS. EOS Network Foundation (ENF) has announced a significant consensus update, Antelope Leap 5.0, scheduled for the fourth quarter of 2023. This update represents the second major improvement in the last eighteen months and includes several innovative features: Instant Finality: This feature improves the transaction finalization time, crucial for providing a Web3 user experience comparable to Web2. It includes the implementation of aggregated BLS signatures to support the HotStuff consensus algorithm, allowing the combination of multiple signatures and public keys into a single signature and verifying it as a single operation. This significantly improves scalability and transaction finalization time, with most reaching final status within a few seconds. HotStuff Consensus Algorithm: An open technology developed by VMware in 2018 and later chosen for use by Facebook's Libra initiative, and subsequently by projects like Aptos and SUI. HotStuff significantly expands the capabilities of EOS and all Antelope chains. Introducing aggregated BLS signatures in HotStuff opens the door to features like confidential transactions and additional privacy mechanisms, such as the use of private addresses instead of accounts. Change in Consensus Mechanism: Leap 5.0 offers the network the opportunity to replace DPoS (Delegated Proof of Stake) with an alternative consensus mechanism, representing a significant shift from EOS Network's original vision to a truly community-governed project. This new mechanism could support greater decentralization and provide improved network security, as well as increased transparency in the transaction validation process. The transition to a new consensus mechanism is expected to enhance network efficiency and make it more adaptable to the changing demands of the cryptocurrency market. Strengthening Community Role: The Leap 5.0 update also implies increased community participation in network governance. This could include voting on key governance issues, resource allocation, and decisions regarding future network updates. This approach is aimed at increasing accountability and involvement of community members in the EOS network development process. Technological Improvements: The Leap 5.0 update is expected to bring significant technological enhancements to EOS infrastructure. This may include optimizing transaction speed, improving scalability, and increasing resilience to network attacks. New features that simplify EOS integration with other blockchains and technological platforms are also possible. DApp Ecosystem Enhancement: Leap 5.0 may also focus on improving conditions for decentralized application (DApp) developers. This could include simplifying the development process, enhancing application security, and providing additional tools for creating more efficient and functional DApps on the EOS platform. It's important to note that these additions are hypothetical and may not accurately reflect the actual changes or plans for the EOS network update, but the update is indeed significant and long-awaited.
ELong
by Age_of_Crypto
EOSETH - Could Go 10% in Either Direction from Here!Eos is fast approaching the end of a large descending triangle, historically it appears price tends to break on the upside of these triangles, but not always.. We do have a Buy signal from Crypto Tipster v2 which is always very handy in making strong predictions so we'd suggest a rise of 10% is incoming up to the next level of resistance, but we're not 100% on this one! We wouldn't be suprised if we saw the price drop 10%. 📈📉 If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
E
by theCrypster
6
EOS/USD ($3-$4 Long Term Support?)💎Technical Analysis Summary💎 EOS/USD -EOS is back to the average price level after the breakout of the long term trendline -It is currently retesting the $4 support area which is just above the key interest zone -The recent low is at $3 so we can have a good buy interest down to the point -Because this can be a good reference of middle support since 2018 -We just need to see if this green area holds its structure for the next 1-3 months -And that will increase our bullish bias for long term price action analysis -I will update this idea after a few weeks once new data is developed ⚠️Please always read the description⚠️ Thanks for donating 💰 via Tradingview coins TiborVrbovsky 🙏🎉 `````````````````````````````````````````````` If you need help🙋 don't hesitate to Send me a message here PolarHusk 😊 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 ``````````````````````````````````````````````
BITFINEX:EOSUSD
by PolarHusk
13
EOS - Correction (As you asked)Market is going through correction right now, but some coins like ETH are recovering. In my opinion, EOS is recovering too. Wait until this recovering session is confirmed and then open your long positions... it's alt season so don't panic sell for now. Wait for the breakout which happens right after the first closure of the 4H candle above the resistance area. ⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high. Good Luck 🎲 Tell me your ideas. Like and Share 🗣✅
by ShawnMCR
7
EOS/BTC now 163% up from our entry and still potential 2000%#EOS/BTC profit update:- #EOS currently trading at 1700 Satoshi And this is above resistance level. I am still super bullish on EOSBTC Now 163% up from our entry zone. Entry:- 700 Satoshi ✅ TP1:- 1479 Satoshi ✅ TPs :- Waiting Now Resistance 1 became support level. I told you #EOS is 2250% potential from my entry level. Support:- 1500 Satoshi Resistance:- 2565/4103/7174/10579/19442 Satoshi My resistance = Targets I also bought with you when I told you to enter. Still Holding my #EOS bags. Please click like button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by CryptoPatel
32
EOS/BTC still 2000% potential from here so good time to entry..?#EOS/ BTC TA Update:- Many Followers drop message about EOS/BTC so Again I am posting EOS Chart. #EOS/ BTC currently trading at 710 Satoshi. And before some days it was dumped till 660 Satoshi. I am expecting very big move from here. Last chart was also valid. Its not mean old is not valid. This is best entry so I posted chart now. Be frank My Target is minimum 2000% in few months. Entry:- 600-700 Satoshi Resistance :- 1479/2565/4103/7174/10579/19442 Satoshi Stop Loss:- according to me no need for stop loss. Resistance = Targets Please Click LIKE button and appreciate my hard work. Don’t forget to follow me for Quality Updates.
Long
by CryptoPatel
34
EOS Prepare For SellOffThe crypto market is living its last bubble days. The prices do not reflect any fundamentals. Cryptos are pure retail investments gambling at this point. EOS Fully Diluted Market Cap $4,902,074,971 vs Biggest German Bank, Deutsche Bank 23.864B Market Cap Moderna - saves the world from Covid-19 - 69.146B Market Cap Ebay - Market Cap 42.174B FORD - 42.174B MARKET CAP When you buy stocks of a company you own a part of it, you have the right to vote changes in the company and you receive dividends. When you buy crypto you own nothing! You buy thinking that at some point another person will be willing to pay more than you on that piece of nothing. If you want to own the BUY and SELL indicator in the chart, that can prevent you from the big crypto selloff, just leave me a message for a 7 day trial.
EShort
by BuySellMarketMaker
2
EOS/BTC still 2200% potential from here#EOS/BTC TA Update:- #EOS/BTC currently trading at 750 Satoshi. I am expecting very big move from here. Last chart was also valid. Its not mean old is not valid. This is best entry so I posted chart now. Be frank My Target is minimum 2000% in few months. Entry:- 800-900 Satoshi Resistance :- 1479/2565/4103/7174/10579/19442 Satoshi Stop Loss:- according to me no need for stop loss. Resistance = Targets Please Click LIKE button and appreciate my hard work. Don’t forget to follow me for Quality Updates.
Long
by CryptoPatel
43