EOS price EIES 20% Surge as multiple bullish samples

EOS Crypto shows strong signs of recovery only a few days after the Vaucta rebranding, with several bikar signals, flashes over its charts.

EOS (EOS), Now was rebranged as Vaucta with a label “A”, increased in Intradai from $ 0.85 in the afternoon of 16. May within 6 days, which started 10. May started 10. May. From his April Padua, EOS now climbed to about 48%, raising his market hat at the time of printing in the amount of 18.27 billion dollars.

Part of this rally is also driven by strong activities on the chain. Toward DefilesThe volume of trading on EOS decentralized exchanges took over the past week. In just 7 days, these DEKs have processed tokens worth 102.49 million dollars, bringing a total of 30 days close to $ 280 million.

Another key factor is a positive funding rate on a permanent future, which remained in greenery for 8 days in a row. The positive rate means that long traders pay shorts, a sign of fluctuations, because demand for long positions increases.

Adding a bical momentum, world freedoms Financial (VLFI), the crypto fund associated with the President Donald Travel, recently acquired it 3.64 million EOS tokens For about three million dollars at an average price of $ 0.824 per token.

This purchase means the first prediction of VLFI to EOS and see them as a vote of trust in the project that is the rebranding project in Vaucedo.

EOS EIES 1 USD Breakout

The technical side of things look just as strong. One-day EOS / USDT chart shows breaking from the upper range of multifunctional wedge wedge, and the form is usually considered bulls.

It seems ready to separate from falling wedge wedge, which, if confirmed, could set the stage for further upside down. EOS currently trades above 50-day moving average average, and swing indicators like RSI move more.

When we talk about RSI, the relative sedental index sits at 58, suggests that EOS still has room to start before it hit the exceeded levels.

If it gathers continues and EOS again breaks resistance to $ 0.8770, which last tested 3. April, it could open the door The next big targets at $ 1.00Key psychological level. The spatial appearance of the application can even push it up to $ 1.50, the token is high since last December.

Meanwhile, early signs of samples and handles captured some traders, hinting the possibility of significant burglary.