EOS/USD Trading Analysis

Published by @manueldelv
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I am very optimistic about 2019. hopefully we can start profiting again. Unless otherwise stated estimates, including prospective yields, are a consensus of analyst forecasts provided by Lorde Skinwah.

These estimates are not a reliable indicator of future performance.
EOS (EOS) blocks producers are operating in negative margins and many will land up in trouble if the price does not recover or if no change is made to the existing reward system.

Hackers are also having a field day with the decentralized apps (DApps) that are based on the EOS blockchain. Their hacks have resulted in a loss of about $1 million since July.
Charles Hoskinson of Cardano believes that the United States Securities and Exchange Commission (SEC) is likely to train its guns against the $4 billion initial coin offering (ICO) of EOS. So, how does the future look according to the charts?
EOS’ price has seemingly been starting to hold on to a specific price level this week. Prior, the cryptoasset was seeing its value decline against the US dollar over various successive trading sessions. The crypto’s current range is marked by the $2 and $1.5 territories. The 14-day SMA is currently above the upper limits of the range.

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