TradingKey - EOS has jumped 20% to $0.80. It may soon challenge $1.
On Wednesday, April 2, the crypto market continued its rebound with EOS surging over 20%. This morning, EOS quickly rose to a high of $0.81 and is currently trading at $0.80.
EOS Price Trend Chart, Source: CoinMarketCap.
The EOS network rebranded to Vaulta on March 18, signaling a shift toward a Web3 banking model. Following the announcement, EOS's price jumped approximately 40%, reaching $0.67. However, the momentum was short-lived, and the price subsequently retraced.
EOS Price Trend Chart, Source: TradingView.
Over the past four days, EOS has rallied again, climbing over 50%—its highest level since late January. Although the network has announced a strategic transformation, many details remain undisclosed. Further information is expected by the end of May.
Until then, this could be a rebound opportunity for traders. The next key resistance level is around $1.
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