EOS is ranked at #7 ahead of Bitcoin SV and Binance Coin in the market. The price surged at a rate of 2.63% in the course of the past 24-hours. The trading volume recorded stands at roughly $1.733 billion, while the supply has 932,621,901 EOS coins in play for now. As of this moment, the total market cap of EOS is $3.752 billion. EOS is priced at $4.02.
Our internal #eosio tests are showing in excess of 4000 transfers per second sustained *before* eosvm. Things will only scale from here.
— Daniel Larimer (@bytemaster7) September 15, 2019
Based on data obtained from the candlestick chart connected to the EOS/USD pair on tradingview, one can note that the price is trying to consolidate. On the 7th as well as the 14th this month, the digital currency scaled high. A new level of initial resistance was created at $4.233, and support can be found close to the $3.115 mark.
Since the 19th, the peaks linked to the Awesome Oscillator have all been brown. This points to the possibility of a trend change in the near future. The daily RSI [for 14 periods] has come down to 58.38 and is expected to dip further. The MACD line remains above the signal line, although the gap in between the duo has started to decrease.
Meanwhile, the Ichimoku Cloud [within lead 1 and lead 2] has started to grow thinner, even though it is yet to leave the red zone. Do you believe EOS shall be able to overcome the active sellers and rush ahead?
#EOS is a highly performant distributed network with minimal inflation, rapid upgrade pathing, and complete alignment between token holder consensus and block production
— Brendan Blumer (@BrendanBlumer) September 20, 2019
Lumi Wallet has stayed focussed on EOS for a long period of time. The CEO of Lumi i.e. Diana Furman is an EOS enthusiast; during the previous month, a new feature was included. Now one can purchase cryptocurrencies directly with the help of credit or debit cards and store the assets in the wallet.