The huge trading volumes recently verified, along with a beautiful rally that brought the token from the US$10 mark last week, are a clear sign that accumulation is really exploding and new highs are surely expected in the may/June environment.
Market mood is outstanding and good news are expected to be a must until EOS blockchain success announcement be fully displayed in early June, specially with the new 21 block producers that will be soon elected around the world.
On Balance Volume - EOS/USD - Bitfinex
Graphically, EOS behavior in the short range, has given us the assurance of climbing to new highs after his volatility index surpassed 3 times the bitcoin upgrade rate after april second half.
Last week's volatility index comparison
Price consolidation above the previous top at US$18 values finally arrived and is clearly today a bargain for future good profit. A target for the next move can be collimated around the vicinity of the US$25 mark after surpassing the short time objective of US$21,5. EOS volume accumulation is the best for all the huge family of alt coins, clearly meaning that the current year will give her the profitability premium for criptocurrency family.
To increase our present satisfaction, Bitcoin Magazine's Week in Review showed that the Global financial sector is showing more and faster adoption for all currencies in the area… The market is back on track, since total market cap is again over US$400B… Good profits are a must in the present year!