Attention: Anonymous on-chain, helping you exit the market
The current price of EOS tokens is $0.79, with a 24-hour increase of 17.15% and a cumulative rise of 35.45% over the past week.
1. Technical Analysis
1. Key Pattern Breakthrough
EOS recently broke through the descending wedge resistance in the $0.45-$0.50 range, forming a bullish reversal signal. The current price has risen to $0.82, approaching a two-year high. If it breaks through the psychological barrier of $1, it may open up further upside potential.
2. Indicator Resonance
- Moving Average System: 50-day SMA ($0.579) crosses above 200-day SMA ($0.679), forming a 'Golden Cross'
- Momentum Indicators: RSI reaches 79 entering the overbought zone, but ADX (22.79) shows trend strength continues
3. Key Price Levels
Short-term resistance at $1.0, short-term support at $0.65, strong support at $0.45
2. Fundamental Drivers
1. Protocol Upgrade
The upcoming Vaulta brand restructuring plan, combined with 17% annualized staking returns, stimulates short-term buying. Optimized network resource allocation mechanism reduces access costs for developers.
2. Ecological Expansion
- In the DeFi field: Processing speed reaches 4,000 TPS, supporting high-frequency trading scenarios
3. On-chain Data
- The number of active addresses on-chain has grown by 28% over 30 days
- Staking locked amount exceeds 230 million EOS, accounting for 23% of the total circulation
- Gas fees remain at 0.001 EOS per transaction, significantly cost-effective
3. Risk Warning
1. Technical Pullback: RSI overbought may trigger fluctuations in the $0.75-$0.78 range
2. Macroeconomic Environment: Cryptocurrency Fear and Greed Index at 26 (Fear Zone), overall market sentiment is cautious
If it stabilizes above $0.80, the short-term target can be set at $1.00, and mid to long-term driven by ecological development is expected to challenge $1.50. It is advisable to pay attention to the network upgrade announcement in mid-April and large on-chain transfer trends.