There are still a lot of questions as to how the cryptocurrency markets will evolve over the course of this weekend. It would appear some genuine bullish momentum is forming, primarily because Bitcoin is shifting into a higher gear again. Alongside it, the EOS price is noting some big gains in quick succession. A push to $6 isn’t unlikely, but it will not be reached anytime soon.

EOS Price Mounts Another Bullish Surge

When Bitcoin resumes its promising uptrend, it is usually a matter of time until altcoin markets display notable changes. Earlier this week, some markets went in the red because Bitcoin was gaining value. Today, that is not necessarily the case, although this situation can change at any given moment. For EOS, the current uptrend seems very promising, assuming it can effectively be sustained.

To be more specific, the EOS price noted a 5.73% gain to $5.57. There is also a 2.69% increase in EOS/BTC, which may prove to be more interesting ratio to keep an eye on. If EOS were to lose value over Bitcoin, its…

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Source: https://themerkle.com/eos-price-turns-bullish-as-5-5-resistance-level-is-broken/