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EOS Eyes $1 as Vaulta Rebrand Nails Final Stage—Can It Dodge Crypto’s Gravity?

EOS Eyes $1 as Vaulta Rebrand Nails Final Stage—Can It Dodge Crypto’s Gravity?

Published:
2025-05-08 16:34:24
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EOS bulls are betting on a psychological milestone—the $1 mark—as Vaulta’s rebranding enters its home stretch. The coin’s recent volatility mirrors the sector’s trademark chaos, where ’fundamentals’ often lose to hype.

Technical indicators show a tightening range, but traders know crypto’s dirty secret: price action frequently divorces from development timelines. Will Vaulta’s final rebrand phase deliver the catalyst EOS needs, or is this another ’buy the rumor’ setup?

Meanwhile, institutional players smirk—another altcoin chasing relevance while Bitcoin eats the market’s lunch. The clock’s ticking.

EOS price technical analysis

EOS price chart

EOS price chart | Source: crypto.news

The 8-hour chart shows that EOS continued to climb, reaching $0.85—its highest since April 4. The token has broken above the ascending trendline that connects the key swing lows since March 11.

It also sits above the 50-period moving average, while several momentum oscillators are trending higher. The price is now approaching a key resistance level at $0.8770, which was the April 3 peak.

A breakout above this resistance could open the door to more gains, with the next major target being the psychological level at $1.00, about 20% higher than current levels.

|Square

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