EOS (CURRENCY:EOS) traded up 3.1% against the U.S. dollar during the 24 hour period ending at 10:00 AM Eastern on December 23rd. EOS has a total market cap of $2....

Investing.com - EOS rose above the $3.6195 threshold on Tuesday. EOS was trading at 3.6195 by 20:28 (01:28 GMT) on the Investing.com Index, up 0.97% on the day. It was the largest one-day percentage gain since January 17.

The price of EOS coin has been contracted by 3.95% since yesterday. The current value stands at $3.619, and it has been down from $3.768 in these two days. EOS is likely to witness downward correction in the upcoming days.

EOSIO 2.0 that was released last week with multiple core improvements to EOS VM, a web-assembly engine that is built specifically for blockchain development.

EOS is trading at $2.68 at the press time and has recorded a positive intraday move. Just as all the altcoins along with the king of the cryptocurrencies are seen soring at a notable height, EOS is also recording an impressive intraday growth.

Block.One's social media app Voice has hired Forbes' global chief digital officer Salah Zalatimo as its chief executive officer. The firm also revealed that Voice is expected to launch a public beta on February 14, 2020.

EOS, at the time of writing, was trading at $3.10 on Bitfinex. With an intraday hike above $3, the trading volume and market cap have also spiked, as observed since yesterday. Yesterday, the currency marked an intraday high at $3.21 and is currently trending upwards as it breaks the major resistance around $2.8 price area. The coin has also been consistently giving lower lows in the latter half of the previous year; therefore, this hike seems to be real as BTC trades above $8,000 for the third day straight.

Decentralized Applications or DApps have become a significant part of the industry over the last few years. The world’s 2nd largest crypto-asset, Ethereum’s platform was at the forefront of promoting DApps and over time, EOS and Tron have picked up pace in the industry as well.

During its June ICO, Block.one had indicated that its Facebook rivaling social network dubbed Voice, would be launched on the EOS network. However, plans seems to have changed as CoinDesk reports.

Blockchain software development firm Block.One released EOS.io 2.0, the software underlying the EOS blockchain.

This week, bitcoin, Ethereum, ripple, litecoin and EOS gained bullish momentum against the US Dollar. EOS price started a strong rise and broke a couple of important hurdles near $3.200 and $3.580 to enter a positive zone.

Investing.com - EOS was trading at $3.4402 by 09:35 (14:35 GMT) on the Investing.com Index on Tuesday, up 10.41% on the day. It was the largest one-day percentage gain since January 14.

Investing.com - EOS rose above the $3.6424 threshold on Wednesday. EOS was trading at 3.6424 by 20:29 (01:29 GMT) on the Investing.com Index, up 0.72% on the day....

Investing.com - EOS rose above the $3.1436 threshold on Monday. EOS was trading at 3.1436 by 20:20 (01:20 GMT) on the Investing.com Index, up 4.30% on the day. It...

On Thursday, January 9, Block.One appointed Salah Zalatimo as the CEO for its decentralized media network Voice. As per the announcement, Zalatimo will join the company and his new role on January 20.

This week, there was a downside extension in bitcoin, Ethereum, ripple, litecoin and EOS against the US Dollar before the bulls took a stand. EOS price traded to a new monthly low near $2.149 and recently started a nice recovery wave.

The recent market ranging was annoying. Some coins, including Bitcoin (BTC), could not recover out of it but the EOS has shown a remarkable improvement.

EOSIO, the firm behind the EOS blockchain and token, proposed a major change to the network’s resource allocation system that would require users to rent network resources.

In June of last year, Voice, Block.one’s long-awaited social media application, was announced to be an EOS application to much fanfare with Block.one CEO Brendan Blumer stating that the platform’s immutable nature brings transparency and fairness to social media. Yet, with the launch date of February 14 now fast approaching, a strong turn around has happened.

EOS/USD bulls rallied back this Wednesday as they were able to take price up from $2.21 to $2.47. In the process, EOS/USD was able to re-enter the 20-day Bollinger Band. The price met resistance at the downward trending line and is currently priced at $2.44. The Elliott Oscillator has had four straight red sessions, while the Moving Average Convergence/Divergence (MACD) indicates decreasing bearish momentum. The Relative Strength Index (RSI) indicator is hovering around 42.85. The bulls will need to overcome resistance at the downward trending lime and the 20-day Simple Moving Average (SMA 20) to continue the upward momentum.