EOS is heating up ahead of the much anticipated announcement by Block One on June 1st.
We can see the very bullish uptrend on the chart continue as EOS broke out of the Pitchfork channel yesterday morning.
Block One recently unstaked 9.8 million EOS tokens which indicates they might be preparing to launch an application on EOS. This notion is further qualified by the recent purchase of 3.3 million EOS worth of RAM.
The MACD is above the zero line and rising but the RSI is overextended on this daily chart so look out for an opportunity to buy the dip!
Volume is slowly ramping up, let's see what they have in store for us at B1...
Remember Stop Loss and trade carefully - Bitcoin has been super exuberant recently and some believe it's due for a correction. There are very few (if any) alts that don't react to BTC when it moves.
We can see the very bullish uptrend on the chart continue as EOS broke out of the Pitchfork channel yesterday morning.
Block One recently unstaked 9.8 million EOS tokens which indicates they might be preparing to launch an application on EOS. This notion is further qualified by the recent purchase of 3.3 million EOS worth of RAM.
The MACD is above the zero line and rising but the RSI is overextended on this daily chart so look out for an opportunity to buy the dip!
Volume is slowly ramping up, let's see what they have in store for us at B1...
Remember Stop Loss and trade carefully - Bitcoin has been super exuberant recently and some believe it's due for a correction. There are very few (if any) alts that don't react to BTC when it moves.