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Roger Ver might be an EOS dApp fan; Coinbase teams up ClearBank as Barclays departs


EOS is ranked at #8 on coinmarketcap, beneath Tether [the stablecoin operating under Bitfinex] and ahead of Bitcoin SV. The trading volume recorded is $1.508 billion, while the supply has 927,385,500 EOS tokens in play. The total market cap of EOS is $3.794 billion, and EOS is priced at $4.09. A slight boost rate of 0.86% was noted in the course of the past 24-hours.

EOS has a huge selections of dApps, their closest competitor in this sphere is TRON. After 25th July, the Ichimoku Cloud [for the EOS/USD candlestick chart] has been red, signifying that bears are back in action. The Awesome Oscillator peaks remains below the zero line [on 10th this month, the line had been brown, pointing to a greater drop].

The daily RSI [for 10 periods] is at 44.68 and might head in the upward direction. Resistance will be felt near the $4.77 level, but support lies close to the $3.756 mark.

The partnership between Coinbase and Barclays has reportedly ended. Early reports say that ClearBank  will be aiding this leading exchange in order to aid the traders in Great Britain. Barclays seemed to have adopted a pro-crypto stance a year ago, but opinions change with the passage of time.

Block.One unveiled the Android Keystore Plugin for the EOSIO SDK [involving Java]. To know more about this update, head to this link on Reddit. The ATH for EOS was reached back in April of 2018, when price was close to the $21 level. Since then the altcoin has fallen and a gradual recovery is occurring for now.

On 16th July, the daily RSI was near the 20 mark, which points to EOS being heavily undersold. The project has also been criticized for lesser updates and developers were accused of being lazy. So far, TRON has not been able to best EOS in the market.

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.