- EOS Ecology seems to be a Ponzi scheme.
- EOS/USD has been buying and selling in a spread with a bearish bias.
Customers of an EOS-based cryptocurrency pockets can’t withdraw their funds. Consultants consider that the builders carried out an exit rip-off, whereas the entire mission is a Ponzi scheme. The information was first reported by the Chinese language media outlet ChainNews. Allegedly, the app referred to as EOS Ecology promised traders excessive returns on their property and falsely claimed its partnership with Starteos, one of many largest and most trusted EOS block producers.
In response to the knowledge contained in blockchain, the stolen funds have been transferred to the pockets that belongs to the account named “huobidevice3”. Nevertheless, it has nothing to do with the cryptocurrency trade Huobi.
EOS/US: Technical image
On the time of writing, EOS/USD is altering palms at $2.51. The coin has recovered from the latest low of $2.44 shifting in sync with the market. Regardless of the restoration. the coin remains to be almost 4% decrease from this time on Monday. EOS takes eighth place within the world cryptocurrency market with the present capitalization of $2.Three billion and a mean day by day buying and selling quantity of $3.7 billion.
On the intraday charts, the restoration is capped by 1-hour SMA200 at $2.56. As soon as this barrier is cleared, the upside could achieve traction with the following deal with $2.60 adopted by 1-hour SMA100 at $2.62. The last word mid-term goal comes at $3,.00; nevertheless, the bulls should clear the higher line of the day by day Bollinger Band at $2.82.
On the draw back, the native help comes on the intraday low $2.48 and the decrease line of the 1-hour Bollinger Band at $2.47. A sustainable transfer beneath this space will result in an elevated promoting stress which will push the value in direction of $2.40 and $2.25, which is the decrease line of the day by day Bollinger Band.
EOS/USD 1-hour chart
