The sellers are running out of gas and if the sell pressure is gauged, the price might move up to $7.5 or even $10. If it gets to any of these levels, there should be a bullish opportunity in the market.
Other important features include free asynchronous communication portals via the EOSChat. Many exchanges like Binance, Huobi Pro, and, BitFinex are making bids to be block producers. These network validators and mediums are expected to uphold the virtues and objectives they represent. They will be normal holders of EOS coins who are interested in upholding the qualities of Block One and EOSIO
In the main time, Block One and EOSIO are busy informing those who care to listen about the benefits of blockchain technology. An education drive has been set up through Virginia Tech dedicated to developing a curriculum, hire tutors and educate students.
The prices on the daily chart are trickling down and yesterday, the prices were playing below $13. This clearly indicates that the bears are in control of the market. Only a significant amount of buying pressure can put an end to the selling pressure.
Till then, the support level will be around $7.5 and $10.
