Three reasons why EOS rallied over 20% today

EOS joined up to 23% today, before its major brand change in Vaulta, while several bullish models emerged on its graphics.

EOS (Eos) The price increased for the third consecutive day, reaching an intraday summit of $ 0.707 on April 1, while its market capitalization rose to more than a billion dollars during writing. The sharp increase in prices was accompanied by an increase of 87% in the negotiation volume, with $ 371.6 million exchanged between traders.

There are three main catalysts that today lead EOS Crypto gains.

First of all, there is a lot of media threw around EOS Rebranding to come in Vaultashould be posted by the end of May 2025. The project focuses on banking solutions fueled by the blockchain.

As part of the brand change, the EOS token will go to Vaulta, with a new ticker that should be revealed later this month. The new token will postpone all basic EOS technologies, including its integration with Exsat, Bitcoin banking solutions.

Second, the new Vaulta token will offer a According to the yield of around 17%Supported by a reward pool of around 250 million tokens, placing it much higher than the main players like Ethereum (Ethn) and Solana (GROUND) to 2.03% and 5.14%, respectively.

Finally, merchants on the derivative market are clearly betting on the EOS increasing. AndThe AT of Correglass shows that the interest open in the term contracts on EOS has increased by more than 30%, reaching a maximum of 11 months by 144.14 million dollars. The funding rate has also reversed positive, a sign that more traders are now betting on the short -term increase.

Graphic observers take note, as they believe that the rally could simply start.

CW analyst sharp Exit that EOS has already released a key sales wall at $ 0.65 and now has its goal on the bar of $ 1, a major psychological and technical level that Altcoin has not reached since mid-December last year.

WORLD OF CHARTS analyst’s executive has echoed the same price objective, note This EOS still has a lot of momentum for a potential continuation of the current rally.

EOS technical analysis

From a technical point of view, things align well for Bulls.

On the price table at 1 day / USDT, EOS Price recently broke out of a downhill corner model that has maintained it for months. In the technical analysis, the model is considered to be a bullish inversion signal, in particular after a long downward trend.

This decision occurred around the area from $ 0.45 to $ 0.50, which had acted as a strong support in the past. From now on, EOS is traded above $ 0.67 and seems to be moving towards the next keys to almost $ 1.

The Superrend indicator returned Haussier, moving below the price and the flashing green, a sign that the trend could move in favor of the bulls.

In addition to that, the Aroon up is 100% while the Down Aroon is 0%, which shows that the purchase of pressure clearly dominates on any sale at the moment.

On the 4-hour table, EOS also formed a gold cross on March 25, with the 50-day mobile average above the 200-day SMA. The model has not yet been invalidated and could prepare the field for a longer -term movement, with $ 1 as the next potential target.