EOS (EOS) price, performance and general information

EOS/USD Medium-term Trend: Ranging Resistance levels: $ 6, $7, $8. Support levels: $3, $2, $1. Yesterday, January 21, the price of EOS was in the bearish trend zone. Since on January 13, the price of EOS had been ranging between the levels of $2.26 and $2.60. On January 13, the price fell to the low […]

Block.one, the Cayman Islands-registered tech firm that raised a record $4 billion through an initial coin offering (ICO) to help fund the development of EOS, a blockchain-based platform for creating decentralized applications (dApps), recently published an update regarding EOS’ adoption rate and network performance. In the blog post, EOS’ development team noted that there are currently “at least 260” different projects “being built” on the third-generation blockchain-powered platform. Going to mention that “it is unclear” whether it’s a “record in terms of blockchain adoption”, Block.one’s blog post claims more individuals and organizations are choosing EOS to deploy dApps, instead of the alternatives.

Statements from several industry insiders suggest that cryptocurrencies are undervalued, and a reversal should soon be on the cards. How do the price charts look?

January 21 2019 KRAKEN DIGITAL ASSET EXCHANGE $48.8M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP  BTC $3,544 ↑0.09% $27M ETH $116.4 ↓1.31% $14.1M XRP $0.3180 ↑0.26% $1.79M USDT $1.00 ↑0.07% $1.21M BCH $122.1 ↓0.05% $730,424 REP $16.89 ↓4.58% $602,904 EOS $2.34 ↑0.43% $590,369 XMR $44.4 ↑1.32% $569,034 ADA $0.0428 ↓0.78% $526,502 XLM $0.1027 ↓0.94% $506,157 LTC $30.88 ↑0.55% $491,656 ETC $4.25 ↑0.47% $249,033 DASH $68.9 ↑0.92% $150,720 QTUM $2.04 →0.00% $121,694 XTZ $.42 ↓2.33% $66,074 ZEC $51.8 ↓0.46% $28,997 Visit the About section on our blog for more information about the Kraken Daily Market Report here. The post Daily Market Report for January 21 2019 appeared first on Kraken Blog.