EOS has remained in the top 10 cryptos based on market cap even after the last two months of bitcoin pulling back. The EOS ICO ends in June 2018 and this coin is holding up quite well considering there are two millions coins created everyday.
When looking for a solid crypto, team and their reputation is everything. Larimer has had multiple successful projects such as Bitshares and Steemit. This year 2018 will be the year of DAPPS and who can actually deliver a product. Larimer's team along with block.one have already started to deliver with the Airdrop of Everpedia.
Price Action:
Support seems to be holding strong at $6.86. If this level gets broken, I don't see it staying down below for long and could be a short term fat tail. EOS seems to be in a consolidation phase between $6.86-$11.19. We may need to get back above the 20 day SMA ($10.95) before we attempt to break back above the ATH at $18.76.
See site for Whitepaper: eos.io
Larimer: www.forbes.com/sites...onaires-dan-larimer/
block.one: www.block.one
When looking for a solid crypto, team and their reputation is everything. Larimer has had multiple successful projects such as Bitshares and Steemit. This year 2018 will be the year of DAPPS and who can actually deliver a product. Larimer's team along with block.one have already started to deliver with the Airdrop of Everpedia.
Price Action:
Support seems to be holding strong at $6.86. If this level gets broken, I don't see it staying down below for long and could be a short term fat tail. EOS seems to be in a consolidation phase between $6.86-$11.19. We may need to get back above the 20 day SMA ($10.95) before we attempt to break back above the ATH at $18.76.
See site for Whitepaper: eos.io
Larimer: www.forbes.com/sites...onaires-dan-larimer/
block.one: www.block.one
Be on the lookout for any announcements of Block.One to release a wallet to manage EOS.