EOS is ranked at #7 ahead of Binance Coin and Bitcoin SV in the market. The trading volume recorded stands at approximately $4.781 billion, while the supply has 937,466,286 EOS coins in play as of this very moment. The total market cap of EOS is $2.984 billion which is a significantly larger number in comparison to the reported volume. The price grew at a rate of 15.21% in the course of the past 24-hours; this, in turn, led to EOS soaring all the way to reach the $3.18 mark where it currently rests.
— Callisto Support (@CallistoSupport) October 25, 2019
In accordance with the candlestick chart connected to the EOS/USD pair on tradingview [based on the data obtained from the Coinbase Exchange], one can determine that buyers are the dominating force to be reckoned with as of now. A new level of resistance was established at $3.599, and support can be found adjacent to the $2.542 mark.
For the past week, the peaks tied to the Awesome Oscillator all possessed the green shade. This acted as an indicator that helped us foresee the arrival and subsequent influence of bullish momentum. From 25th October onwards, the MACD line began heading north of the signal line, which resulted in the creation of a green histogram over the zero line.
The daily RSI [for 14 periods] is at 54.47 signifying the presence of EOS deep within the neutral zone. Here’s a brief look at the newly formed EOS Eco Alliance:
MXC and OracleChain, in conjunction with a number of other projects in EOS ecosystem, form the EOS Eco Alliance. Alliance members will cooperate in technology development and EOS ecological construction to seek the new ideas and endeavor for the development of EOS.@MXC_Fans pic.twitter.com/QksgXsOvfF
— OracleChain (@Oracle_Chain) October 26, 2019