EOS Primed for 20% Rally as Bullish Signals Stack Up

EOS isn’t just whispering about a breakout—it’s screaming it. Three technical patterns just flashed green simultaneously, something that historically precedes major moves. Traders are now watching the $0.88 level like hawks (or more accurately, like degens with too much leverage).

The setup: A falling wedge breakout completed this morning while the RSI punched through a 3-month downtrend. Add in a bullish divergence on the 4-hour chart, and you’ve got the trifecta that made crypto Twitter lose its collective mind before coffee.

Here’s the kicker—this comes as the broader altcoin market shows unusual strength against Bitcoin. Some are calling it the ’great rotation’ (others are calling it desperation after 18 months of sideways action). Either way, EOS could be the unexpected beneficiary.

Of course, in crypto, ’bullish patterns’ are about as reliable as a Wall Street analyst’s price target. But for once, the stars might actually align—just in time for the usual pre-halving speculative frenzy.

EOS eyes $1 breakout

On the technical side, things are looking just as strong. The 1-day EOS/USDT chart shows a breakout from the upper range of a multi-week ascending broadening wedge, a pattern usually considered bullish.

It now appears poised to break out of a descending broadening wedge, which, if confirmed, could set the stage for further upside. EOS is currently trading above its 50-day moving average, and momentum indicators like the RSI are trending higher.

Speaking of RSI, the Relative Strength Index sits at 58, suggesting that EOS still has room to run before hitting overbought levels.

If the rally continues and EOS breaks past the $0.8770 resistance again, which was last tested on April 3, it could open the door to the next big target at $1.00, a key psychological level. Sustained bullish momentum might even push it further to $1.50, the token’s high from last December.

Meanwhile, early signs of a cup-and-handle pattern have caught the attention of some traders, hinting at the possibility of a significant breakout.

The next $EOS target will reach new all-time highs. pic.twitter.com/3xmzCdpWtP

Since transitioning to Vaulta on May 14, community sentiment has turned increasingly hopeful, viewing the rebrand as a long-awaited pivot toward real-world utility.

What is Vaulta?

Vaulta aims to reshape blockchain-based banking. It will provide programmable smart contracts and on-chain settlement layers designed to help banks and fintech companies launch scalable, cross-border services without needing DEEP blockchain expertise.

The team behind Vaulta has likened its ambitions to Stripe, the global payment processor, but for the blockchain space. The goal is to make it easier for traditional financial firms to tap into the power of Web3.

Backing this transition, major exchanges like Binance, KuCoin, MEXC, and HTX have already pledged support for the rebranding and the 1:1 EOS-to-A token swap.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.