EOS May Perform a 40% Jump
EOS (EOS) has seen a 2.3% increase this week, rising to $0.5040 and slightly outperforming the broader market. The most significant development is that EOS has climbed above a key resistance level at $0.5000. This is encouraging news, especially after the token broke through the descending channel’s resistance from March 7. If EOS can maintain its momentum above $0.5000, it could open the path to the next resistance level at $0.7000.
The project is undergoing continuous development, having recently introduced a new tokenomics model and a new staking program. These positive advancements suggest that the token could see a substantial 40% jump, provided the broader crypto market continues its recovery.
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