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Three reasons why EOS price has pumped 100% in three days

EOS is the latest large-cap altcoin to experience a massive price surge in the last few days as alt season gains momentum.
The EOS price is in double-digits for the first time since mid-2018 after a parabolic advance that began back in March.According to data from Coingecko, the 20th-ranked crypto by market capitalization is currently sitting above $11.50, delivering close to 100% gains over the last three days.First, the current EOS upward advance is occurring at the intersection of two unique price trends. On the one hand, the EOS/Tether (USDT) trading pair is at the top of the range for 2021 while the token price against Bitcoin (BTC) fell to its lowest level in three years back in early March.Source: TradingViewAs of the time of writing, the EOS/BTC price action chart has broken an almost three-year downtrend signaling the possibility for significant upward movement.Secondly, with Bitcoin dominance continuing to slide am

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Źródło: https://cointelegraph.com/news/three-reasons-why-eos-price-has-pumped-100-in-three-days

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