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Tezos and EOS Price Analysis – 29 June

Josh Olszewicz published new videos in which he covered price analyses for two altcoins: Tezos and EOS.

Tezos Technical Analysis

Tezos is a decentralized smart contract and application network, with an on-chain governance layer designed to enable efficient network upgrades and provide a transparent stakeholder community.

Roadmaps for future market movements can be found on high timeframes using Exponential Moving Averages, Volume Profile Visible Range, Pivot Points, Ichimoku Cloud, and divergences. Further background information on the technical analysis discussed below can be found here.

EOS Technical Analysis

The EOS (EOS) platform, created by Block.One, is a global computing network designed to host decentralized applications (Dapps), and decentralized autonomous corporations (DACs). The EOS network hosts smart contracts on Virtual Machines and competes with other Dapp or smart contract platform blockchains, including Ethereum (ETH), Tronix (TRX), and NEO (NEO). The ETH and NEO platforms use gas to pay for units of computing power while EOS uses RAM.

The EOS blockchain went live on June 14th, 2018, after raising ~US$4.2 billion in a controversial year-long ICO. The EOS blockchain uses a Delegated Proof of Stake (DPoS) consensus model.

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