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NEAR was one of the big movers in today’s trading session, as prices fell by almost 10% on Friday. RUNE and EOS also slipped to end the week, with the latter also dropping by double-digits in the session. 
Near Protocol (NEAR)
NEAR was one of the biggest tokens to fall on Friday, as a red wave swept over cryptocurrency markets to end the week. 
Following a peak of $17.12 on Thursday, NEAR/USD dropped to a bottom of $15.12 during today’s trading session.
As a result of this drop in price, NEAR fell below its recent support level of $15.45, for the first time since the start of the week.

Following a breakout of the ceiling at $17.50, prices recently rose to a one week high of $17.77 on Wednesday, however this upwards momentum was short lived. 
The turnaround saw prices drop for three consecutive sessions, leading to the 14-RSI to track at its weakest point in over six weeks.
Now in oversold territory, bears will likely try to push prices even lower, whilst bulls could see this as an opportunity to buy low.

EOS
Similar to NEAR, EOS has also held firm at a recent resistance level, leading to a selloff during today’s session.
EOS/USD fell to an intraday low of $2.48 earlier on Friday, after trading above $2.84 less than 24-hours ago.
Following a false breakout of the $2.75 ceiling, EOS has gone on to fall for two consecutive sessions, with today’s decline taking us to a short-term floor.

As seen on the chart, $2.45 has recently acted as the first line of defense for fading prices, and should bears’ overpower this point, we could see a decline to $2.20.
Despite this, the moving averages of 10-days and 25-days respectively, have gained in proximity, increasing the chances for a crossover.
Should this occur, plus the 14-day RSI staying above its current floor of 48.9, then we may see prices rebound strongly to begin the weekend.
Do we expect the crypto red wave to pass heading into the weekend? Let us know your thoughts in the comments.



























NEAR was one of the big movers in today&#x2019;s trading session, as prices fell by almost 10% on Friday. RUNE and EOS also slipped to end the week, with the latter also dropping by double-digits in the session. Near Protocol (NEAR) NEAR was one of the biggest tokens to fall on Friday, as a red [...

news.bitcoin.com

Biggest Movers: Near, EOS and RUNE Fall During Friday’s Selloff

The web 3.0 dapp platform EOS has finished the work needed to bring the Ethereum Virtual Machine (EVM) to the network. That means developers will be able to build and transfer more blockchain applications to the network using familiar tools and coding language.
EVM Meets EOS
EVM is the software platform used to create decentralized applications (dapps) on Ethereum. It’s a virtual programming stack embedded within each Ethereum full node. The programming language used to create smart contracts that run on EVM is called ‘Solidity.’
The EVM also stores the entire state of the Ethereum network (including all balances and accounts) and determines the rules for how the network changes state with each block.
Given that Ethereum is the first and largest smart contract platform available making other blockchains EVM compatible has become somewhat of an industry standard. This allows those platforms to easily adopt the new developments created on Ethereum, using the same code.
As explained in a press release seen by CryptoPotato, integrating EOS’s new Trust EVM will grant the network this ability. The virtual machine, which will run as a smart contract, reportedly enables much higher throughput than other EVMs at 10,000+ TPS. By comparison, Visa reportedly handles around 1700 transactions per second, on average.
“Trust EVM will usher in the next generation of Defi and GameFi with limitless possibilities when combining the speed, throughput, and cost of EOS for Solidity-based applications running on the EOS EVM,” said Yves La Rose, Executive Director of the EOS Network Foundation.
In addition, the “EVM runtime” will maintain complete compatibility with the rest of the EOS blockchain. That means tokens can be trustlessly moved between different environments of the dapp ecosystem.
Replacing Block.one
EOS was founded by Block.one, a blockchain software company, but the EOS Network Foundation (ENF) has effectively replaced the organization in leading the platform’s growth. The ENF blames the company for failing to attract a “critical mass” due to a lack of community and financial support.
In terms of price, EOS saw massive popularity during the crypto boom of May 2021. However, it has since descended 88% beneath its all-time high and failed to recover.
To counteract this, the ENF has supported builders through multiple grant and incentive programs. The community also halted millions of dollars in ongoing payments to Block.one.


EOS introduces EVM compatibility to assist developers, whom the ENF claims were inadequately supported under previous leadership. 

cryptopotato.com

EOS Launches EVM Support in Attempt to Revitalize Platform

Following recent declines in price, WAVES climbed higher to start the weekend, as crypto markets moved marginally higher. Some of the biggest contributors to the gains were EOS and GMT, which both rose by over 6%.
EOS
EOS rose for a second consecutive session to start the weekend, as prices raced to their highest level in over ten days.
After trading at a low of $2.34 on Friday, EOS/USD raced to an intraday peak of $2.52 during Saturday’s session.
This is the most EOS has hit since April 7, and comes after prices moved away from the long-term support level to start the week.

As seen from the chart, this floor was at the $2.20 point, which prices hit following two weeks of declines, which commenced at a top of $3.17.
Since this drop, which also saw the 14-day RSI hit a multi-month low of 36.34, price strength has climbed, and now hovers below a ceiling of 52.
Should this resistance point be broken, we could see bulls look to push price towards the $2.65 level.

WAVES
WAVES was also up on Saturday, as traders appear to have finally found a floor, following a recent bearish run.
Similar to EOS, prices of WAVES have been battling a red wave since March 29, which is when the recent bear run in crypto markets began.
This run has seen WAVES drop to a bottom of $20 on Thursday, which is its lowest point in over five weeks, and an area where bulls typically re-enter.

As of writing, WAVE/USD has risen to a high of $22.89 in today’s session, after beginning the day tracking closer to the $20.57 level.
Looking at the chart, the 14-day RSI has shown us that price strength has been consolidating for the past few days, as it sits at the floor of 35.70.
This is the lowest level the RSI has tracked at since February, and with prices being undoubtedly oversold, bulls may look at this as an opportunity to buy recent dips.
Is the current $20 level in WAVES the true price floor, or could we see this support broken? Let us know your thoughts in the comments.



























Following recent declines in price, WAVES climbed higher to start the weekend, as crypto markets moved marginally higher. Some of the biggest contributors to the gains were EOS and GMT, which both rose by over 6%. EOS EOS rose for a second consecutive session to start the weekend, as prices raced...

Biggest Movers: WAVES, GMT, and EOS Among Big Gainers on Easter Weekend

Solana reclaimed the eighth position in the crypto top ten, as ADA and DOT were both over 10% higher to start the week. Despite this, it was EOS and FIL which led today’s gainer, with FIL gaining over 30% in the session.
Filecoin (FIL)
FIL rallied by as much as 30% to start the week, as cryptocurrencies rose across the board during Monday’s session.
The global crypto market cap was 6.5% higher on Monday, led by gains in FIL, which rose to an intraday high of $25.62.
Today’s peak follows yesterday’s lows which saw FIL trading below the $20 level, following recent rallies from support of $17.50.  .

From this support, FIL/USD continued to move beyond the resistance level of $23.30, with today’s high hitting its highest point since February 8. 
Looking at the chart, prices are currently overbought, as the 14-day RSI indicator is tracking at 75.10.
This is the highest reading since September 6, and as such bears may be looking for an opportune time to push prices lower.

EOS
Although ADA, DOT, and SOL were all almost 9% higher as of writing this, none rose as much as EOS on Monday.
Following a low of $2.56 to begin the session, EOS/USD climbed to a peak of $3.17, breaking out of its long-term resistance in the process.
Monday’s move saw the world’s 49th largest cryptocurrency surge past its ceiling of $2.77, on its way to its highest point since January 5.

Today’s three-month high came as readings on the RSI indicator were off the charts, as price strength also rose to multi-month highs.
As of writing this, the 14-day Relative Strength Index has a reading of 77.91, which is its most since August 15.
Similar to FIL, EOS bulls now have a conundrum, close positions and accept current gains, or go through the market uncertainty that is coming due to prices being overbought. 
Is there more upside momentum in EOS despite current highs? Let us know your thoughts in the comments.



























Solana reclaimed the eighth position in the crypto top ten, as ADA and DOT were both over 10% higher to start the week. Despite this, it was EOS and FIL which led today&#x2019;s gainer, with FIL gaining over 30% in the session. Filecoin (FIL) FIL rallied by as much as 30% to start the week, [&#82...

EOS price	$1.33
Low - High 24H	$1.28 - $1.33
Market cap	$1.32B
Volume 24H	$199.84M
All time high	$22.71 -94.16% April 29th 2018
All time low	$0.5024 163.98% October 23rd 2017
Genesis date	N/A

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