Cryptocurrencies Price Prediction: EOS ,Chainlink & Bitcoin — Asian Wrap 01 September
|EOS Price Prediction: The bottom could be in for the OG crypto community
EOS price has a few confounding factors, indicating a continuation of the countertrend rally. EOS is one of the oldest crypto tokens with a strongly engaged community since 2018. At current time, the OG crypto shows subtle bullish signs that traders and investors should pay attention to. Since May 2021, the EOS price has lost 93% of its market value.
These on-chain metrics suggest Chainlink price will fall hard again
On-chain analysis of Chainlink price hints at a bearish stronghold. Chainlink price shows bearish signals underneath the hood that investors should be aware of. Since August 15, the Ethereum-based decentralized blockchain oracle token has fallen 36%. During the final trading week of August, the bulls have managed to recoup 6% of those losses.
JUST IN: MicroStrategy and Michael Saylor hit by lawsuit for tax evasion
Bitcoin’s largest publicly traded holder MicroStrategy was slapped by a lawsuit for tax evasion. Attorney General Karl Racine announced legal action against the billionaire tech executive, citing tax fraud. MicroStrategy and Michael Saylor’s next move could influence Bitcoin price trend since the tech firm is the largest public holder of the asset.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.