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EOS launches Emanate, Tim Draper decides to ally himself with Sense.Chat, price fluctuates post-bull run

Bitcoin

EOS is ranked at #7 beneath Tether in the market. It jumped up marginally following a good boost, and EOS is currently priced at $3.76. The trading volume recorded is $1.978 billion, whereas the supply has 931,236,296 EOS coins in play. As of this moment, the total market cap of EOS is $3.501 billion. EOS plunged at a rate of 2.56% in the course of the past 24-hours.

In order to bring in competition in the wake of Spotify’s recent popularity, the Alpha version of Emanate was unveiled. Although this new platform is presently littered with lags, this brings in the next phase involving the adoption of EOS [and its applications in the real world]. More artists shall join in the foreseeable future.

The Board of Directors of MakeSense Labs just announced the arrival of a member: Tim Draper. Tim is well-known for being an investor in numerous start-ups including Twitter, Tesla, etc. His experience in the financial world and eagerness towards the king coin contributed to this appointment.

According to the data linked to the candlestick chart for the EOS/USD pair, the digital asset was being overbought briefly on 7th, 8th and 9th of September. A new level of resistance has been erected at $3.9658, and support lies close to the $3.6256 mark. Just a day back, the MACD line dipped below the signal line, causing the histogram to change color [it is now red].

The final 7 peaks for the Awesome Oscillator have all been brown, which points to the sellers being back in action. The 4-hourly RSI is at 56.20.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.