Price of the currency "EOS" exceeds expectations!

The trend of the currency "EOS" is still positive
It is interesting to see how certain digital currency markets evolve. This is especially true given the recent negative pressures we have seen affecting all the digital currency markets. As for the price of the "EOS" currency, things seem to be heading in the right direction now. With strong gains over the past few days, EOS has become the fifth largest currency in the world by market value.

In the past 24 hours, we have seen the price of "EOS" rise another 33.96%. Although gains of this kind are almost synonymous with digital currencies, the year 2018 did not give us much to bask in on gains. For EOS holders, things are definitely moving in the right direction, given that these latest gains put the EOS at $ 8.59 per currency. Which is a nice gain compared to yesterday's $ 6.6, although we have to wait to see how long this momentum can last.

As one might expect from such gains, the price of "EOS" is booming because of the strong gains that have overtaken the currency on both Bitcoin and Atherom. More specifically, there is a 34.17% gain above the Bitcoin gains, and 31.9% above the gains in the etherium. This confirms once again that the gains that exceeded the gains of the Ethereum are very small compared to the Bitcoin, which can only be considered a good thing for those who have high expectations for the price of the Ethereum.

The demand for the currency "EOS" seems to be growing as we talk. More specifically, trading volume peaked at $ 2.488 billion, far exceeding what we usually see for this alternative digital currency. Even so, it is clear that trading volume is dominated mainly by speculators and manipulators, as it is highly doubtful that the price of "EOS" will remain at this level for much longer.

In terms of the size of EOS itself, the Bithumb platform is the leading trading platform for this currency at the moment. Its progress on the Upbit platform is very high, while Bitfinex is lagging behind. This means that we have 3 pairs of digital currencies in the three best now. In most cases, this indicates that new capital enters the eco-system as we speak, which is worth keeping an eye on.

And how the price action of the EOS will still have to be determined. Although we have seen strong bullish momentum for many days now, there will be a correction in the end. When this happens, it is unlikely that the price of "EOS" will drop to $ 5.5 or lower again. It will depend on how all other digital currencies evolve, given that Bitcoin and etherium are still dictating the pace of most digital currencies.