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The upward momentum of cryptocurrency is not lacking for the moment. It seems that all markets are flying in a positive way. If the EOS price is an indication, things will become even more interesting in the days and weeks ahead. Its strong growth pushes the price well beyond the $ 3 mark in quick succession.
The price of EOS is rising rapidly
It is always interesting to see how different crypto-currencies, badets and tokens handle the upward pressure on Bitcoin prices. For most projects, this usually results in net losses in BTC value, which can easily contain gains in USD. EOS is a rather interesting exception at the moment, as its bullish momentum is erasing the levels of the USD and the BTC.
In the last few hours, the EOS price rose to $ 3.48 after a 23% monster value increase. Although the EOS / BTC ratio is less optimistic, the 13.5% increase can not be ignored by any means either. All these signs show the recent evolution of this industry. Its trading volume also rises to $ 1.77 billion, which is very unusual for EOS.
While it is always advisable to keep your head up in this area, it should be kept in mind that this recent gain really excites people. Fabi Yamada is still waiting for the EOS to reach $ 5 at one point. Based on the present value, the volume of transactions and the ease with which these gains materialize, it may not even be out of the question.
GO $ EOS! ; D My dream of #EOS $ 5 is getting closer to being true hahaha pic.twitter.com/Lolc8EslEN
– fabi yamada (@mxYamada) February 18, 2019
Although crypto-currencies are often very complex for novice users, there is a lot of useful information on the Internet. Soup shared a recent video on how EOS works and what to know in summary. It is far from being a complete guide to understand all the facets, but it is always worth taking a look at.
#bitcoin #eos # p2pdata pic.twitter.com/8BMSrc64wV
– Soup (@SoupMiner) February 18, 2019
Crypto Phenom apparently does not know how to make sense of all this bullish momentum. Given how EOS – among others – has recorded a trading volume equal to half of its market capitalization, it is clear that gold cryptography is not so distant. Even in this case, it is worth wondering how much the total volume of cryptography is real and how artificial it is today. For operating systems, the bulk of the volume comes from Bit-Z and OKEx, which it is worth monitoring.
$ EOS and $ LTC have returned half of their float in the last 24 hours … he is rather bullish. The volume precedes the price. Cryptos most likely put bearish market declines in December. #litecoin #eos $ BTC
– Crypto Phenom (@PhenomInvestors) February 18, 2019
As was the case in this unstable industry, upward trends generally encounter some resistance and corrections. Whether it will ruin this party sooner or later, remains to be determined. Everything is possible in this industry, but no one should take control of them because of a bullish day.
Disclaimer: This is not a trading or investment advice. The above article is for entertainment and educational purposes only. Please do your own research before buying or investing in cryptocurrency.
Image (s): Shutterstock.com
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