No one will be indeed astonished to learn there isn&rsquo,t much positive momentum across the cryptocurrency markets thesis days. Bearish pressure has bot a part of the spel for most of . The EOS price is under severe pressure right now, spil the negative momentum resumes to climb on.
EOS Price Might Druppel Below $Ten
Considering how there are so many positive developments taking place for EOS, most speculators would expect a higher price by now. At the same time, the main netwerken launch has highlighted some major issues which will need to be addressed. Whether or not this has any actual influence on the current EOS price , remains to be determined.
Even so, the ongoing EOS price decline can no longer be denied. After some bullish momentum thesis past two weeks, it shows up the situation is returning to corriente. Finding the onberispelijk and accurate value vanaf EOS will remain a big challenge, however. Spil of right now, that value seems to hover near $Ten, but it may not remain there for long.
With a Four.16% EOS price decline overheen the past 24 hours, it has become overduidelijk the negative pressure may not relent anytime soon. Additionally, there are ongoing declines ter the ter the EOS/BTC ratio spil well spil the EOS/ETH ratio. This is not entirely uncommon, spil both BTC and ETH are also suffering from setbacks spil of right now.
Remarkably, it seems the EOS trading volume isn&rsquo,t suffering from this negative pressure spil of right now. One could argue there may be slightly more volume because people are liquidating assets due to this lower EOS price, albeit that is always difficult to verify. With $850m ter 24-hour trading, there is nothing to be worried about, for the time being.
Bithumb is still leading the charge te terms of EOS trading volume, despite its alleged hack earlier today. Upbit is ter 2nd place, albeit it faces stiff competition from OKE&rsquo,x USDT pair. Binance and Huobi finish the top five with two more USDT pairs, which is rather interesting to keep an eye on. Spil such, EOS may be facing a improvised setback, albeit the pressure might intensify spil well.
Spil is always the case where cryptocurrencies are worried, the EOS price will proceed to fluctuate for some time to come. That ter itself is only corriente, albeit it remains a bit unclear if this will result ter positive or negative switches ter the coming hours and days. This is a very peculiar industry to keep an eye on, for rather demonstrable reasons.