Block.one, the firm that developed the EOS.IO software, won't be using the public EOC mainnet to launch its cryptocurrency-powered social media platform Voice.
According to the company's frequently asked questions page, Voice will instead be using a "purpose-made EOSIO blockchain." In time, the page adds, it hopes Voice will "leverage the EOS Public Blockchain."
BTC has been trading downwards. As we expected, the price tested the level of $8.440. I found that the level of $8.440 is critical pivot level for BTC and further direction.
In case of the downside breakout of $8.440, watch for selling opportunities on the rallies with the main target at $7.725.
In case of the rejection of the pivot $8.440, watch for buying on the dips with the main target at $9.000.
MACD oscillator is still showing positive reading above the zero.
Resistance level is seen at the price of $9.000
Main support pivots are set at $8.440 and $7.725
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.