{"id":55265,"date":"2023-08-31T09:01:04","date_gmt":"2023-08-31T13:01:04","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/is-it-too-late-to-buy-eos-eos-price-rallies-5-with-100-million-trading-volume-and-crypto-startup-lpx-secures-1-5-million-time-to-buy\/"},"modified":"2023-08-31T09:01:07","modified_gmt":"2023-08-31T13:01:07","slug":"is-it-too-late-to-buy-eos-eos-price-rallies-5-with-100-million-trading-volume-and-crypto-startup-lpx-secures-1-5-million-time-to-buy","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=55265","title":{"rendered":"Is It Too Late to Buy EOS? EOS Price Rallies 5% with $100 Million Trading Volume and Crypto Startup LPX Secures $1.5 Million \u2013 Time to Buy?"},"content":{"rendered":"
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Top 100 ranked blockchain Eos (EOS) has pumped +5% in the aftermath of news that the digital asset has been approved for trading by Japan’s Virtual and Crypto Asset Exchange Association (JVCEA), with markets going live in mid-September.<\/p>\n

The bullish announcement ignited a frenzy of activity, breathing much needed life into EOS which has been in consolidation for two-weeks.<\/p>\n

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With white-list approval in Japan, regulator-approved BitTrade will be responsible for launching EOS trading – in a highly anticipated move by Japanese markets.<\/p>\n

EOS Price Analysis: Is it Too Late to Buy EOS?<\/strong><\/h2>\n

With price action now undertaking retracement following the sudden upshot move, EOS is trading at a current market price of $0.61 (representing a 24-hour change of -1.91%).<\/p>\n

The recent push-up comes following 13-days of consolidation above $0.575 in the aftermath of a new all-time low for EOS at $0.51 on August 9.\u00a0<\/p>\n

Much to the relief of anxious bag-holders, the upside swing saw EOS reclaim support from the 20DMA in a significant development for technical structure.<\/p>\n

Highlighting the significance of this move, the 20DMA has suppressed upside price action for 38-days since July 24.<\/p>\n

Despite the gains, EOS’s RSI remains cool and level, maintaining a bullish oversold signal at 42.44 – suggesting that there is still capacity to push up higher in an attempt to flip $0.65 to support.<\/p>\n

The MACD also maintains bullish divergence at 0.0007 – reflecting the improved technical structure.<\/p>\n

Overall, with price action strengthening in form, a brief consolidation here could establish the footing to push higher in the trading channel.<\/p>\n

This would leave EOS facing an upside target at $0.65 (a possible +5.6%).<\/p>\n

While downside risk remains significant here, with a fall down to $0.575 (a potential -6.5%) likely in the event of rejection from the 20DMA.<\/p>\n

EOS therefore carries a risk: reward ratio of 0.88 – an entry dominated by downside risk on the short-time frame.<\/p>\n

However, with EOS trading tipped to begin in Japan in Mid-September, it is certainly not too late for traders to take position for a mid-time frame play.<\/p>\n

But while EOS bag-holders are bracing for a two-week wait, smart money have already started seeking out the next moon-shot opportunity using an innovative AI insights platform.<\/p>\n

Launchpad XYZ: Just 5-Days Left to Join Presale with 19% Bonus<\/strong><\/h2>\n

There is less than 5 days left to buy Launchpad XYZ (LPX), an innovative ecosystem designed to lower the entry barrier to Web 3.0 with user-friendly tools, insights, and analytics.<\/p>\n

Whether you’re a seasoned crypto user or just starting, this platform offers a range of features, such as NFT discovery, a decentralized exchange (DEX), a Web3 wallet, and utility token analysis.<\/p>\n

At the heart of the Launchpad XYZ ecosystem lies the $LPX token – holders who stake a minimum of 10,000 tokens can reap numerous benefits, including substantial fee discounts, exclusive early access to NFT mint whitelists and presales, beta play-to-earn game launches, as well as cool community prestige badges.<\/p>\n

The platform’s intention to list LPX on major cryptocurrency exchanges is expected to drive significant demand for the token.<\/p>\n

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Following the introduction of its primary features in Q3 2023, Launchpad XYZ anticipates substantial user adoption.<\/p>\n

With its maximum token supply of 1 billion, $LPX is set to launch on crypto exchanges later this year with a fully diluted market cap of $70 million. This makes it a platform to watch in the rapidly evolving crypto industry.<\/p>\n

Given its comprehensive suite of features and ambitious vision, Launchpad XYZ is set to break barriers and redefine the crypto space.<\/p>\n

As it facilitates an inclusive Web3 ecosystem, the $LPX token is proving itself a promising opportunity for investors. Whether you’re new to the crypto world or a seasoned investor, Launchpad XYZ is one platform you can’t afford to overlook in 2023.<\/p>\n

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Explore the latest Web3 presale projects, P2E Hub for gaming, the Metaverse Experience Library, and the Trading Terminal for an immersive experience.<\/p>\n

Future developments include a marketplace for fractionalized assets, a Trading Edge Game, and creator tools for brands.<\/p>\n

Don’t miss out on the opportunity to invest in Launchpad XYZ, a promising project with the potential for significant growth.\u00a0<\/p>\n

For more information, visit Launchpad XYZ today, also stay tuned with the project Twitter<\/a> and Telegram to receive all of the latest updates and team news.<\/p>\n

Buy LPX Here<\/strong><\/p>\n

.<\/sub>Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.<\/sup><\/i><\/p>\n<\/p><\/div>\n