FUNDAMENTAL BRIEF:
Cryptocurrency EOSUSD gained over 30% during Tuesday and Wednesday trading, dominating the top of the largest cryptographic tokens. Quotes were testing levels above $ 9 dollars, during yesterday's session being $ 3 dollars lower. As a result, the total capitalization is now $ 6 billion and is only slightly smaller than Litecoin.
The price increase has also translated into an increase in volumes - trade is currently concentrated in South Korea - the Bithumb and Upbit exchanges are responsible for 42.5% of the total global turnover. The current moves are most likely related to the eosDAC airdrop, which is scheduled for April 15.
Already this Sunday, when 300 days from ICO cryptocurrency will pass - all Ethereum wallets with at least 100 EOS tokens will receive the same amount in eosDAC, which will eventually be transferred to the main EOS network after the start of the following months.
Airdrop, or "token drop", is nothing more than the donation of free coins by the developers. People who have less than 100 EOS on their wallets will also be able to apply for eosDAC, in which case you will need to submit a personal application.
TECHNICAL ANALYSIS:
The technical analysis of this cryptocurrency indicates that the 2 / B wave could have been made at 3.70, so now the price is in the initial cycle of the impulsive wave of growth. Subwaves 1 and 2 have already been made and currently the market is in the strongest wave, wave 3, which can reach even 13.39 range and all increases - level 16.25 or higher.
The upward scenario is annulled only at the low of the 3.70 level is violated.
PS: If you do not want to miss new analysis, add me to the watched! :)
PPS: The next analysis will be published if this post gets min. 50 likes! :)
Cryptocurrency EOSUSD gained over 30% during Tuesday and Wednesday trading, dominating the top of the largest cryptographic tokens. Quotes were testing levels above $ 9 dollars, during yesterday's session being $ 3 dollars lower. As a result, the total capitalization is now $ 6 billion and is only slightly smaller than Litecoin.
The price increase has also translated into an increase in volumes - trade is currently concentrated in South Korea - the Bithumb and Upbit exchanges are responsible for 42.5% of the total global turnover. The current moves are most likely related to the eosDAC airdrop, which is scheduled for April 15.
Already this Sunday, when 300 days from ICO cryptocurrency will pass - all Ethereum wallets with at least 100 EOS tokens will receive the same amount in eosDAC, which will eventually be transferred to the main EOS network after the start of the following months.
Airdrop, or "token drop", is nothing more than the donation of free coins by the developers. People who have less than 100 EOS on their wallets will also be able to apply for eosDAC, in which case you will need to submit a personal application.
TECHNICAL ANALYSIS:
The technical analysis of this cryptocurrency indicates that the 2 / B wave could have been made at 3.70, so now the price is in the initial cycle of the impulsive wave of growth. Subwaves 1 and 2 have already been made and currently the market is in the strongest wave, wave 3, which can reach even 13.39 range and all increases - level 16.25 or higher.
The upward scenario is annulled only at the low of the 3.70 level is violated.
PS: If you do not want to miss new analysis, add me to the watched! :)
PPS: The next analysis will be published if this post gets min. 50 likes! :)
