Block.one Teases EOS Community with the Upcoming News this Weekend, Analyst Eyes $10 Price

• EOS Pumps up 28% while up over 250% till date in 2019
• EOS can push above $10 if it breaks the “tough resistance” at $8.40

EOS has finally started the countdown of its upcoming event that has been teased by EOS founder and Block.one CTO Dan Larimer a few months back.

Block.one, the company behind EOS cryptocurrency took to Twitter to announce that there are only five days left before the big news make it to the market on the weekend.

This weekend, one community, one place #B1June #EOSIO pic.twitter.com/IC7GLeM9uC

— block.one (@block_one_) May 28, 2019

One blockchain enthusiast @KieranLeButt says,

“Speculation in the community centres around social media app built on EOS and a roadmap from B1.”

However, they are just speculation and nothing is for sure yet but soon we will get to know while EOS price is having a “buy the rumor and sell the news” moment.

Yes. I did. Not sure what @block_one_ is planning for June 1st but they seem to have their community all riled up. https://t.co/keEcJrb04J

— Mati Greenspan (@MatiGreenspan) May 27, 2019

The fifth largest cryptocurrency by market cap of $7.34 billion has surged over 28 percent in the past five days while till date in 2019, it is up by 252 percent.

At the time of writing, EOS/USD has been trading at $7.9 with 24-hours gains of 15.42 percent. This is the 10-months high while the highest point of 2019 has been $8.25 that was hit yesterday.

Nice little breakout on $EOS pic.twitter.com/X53gIRZpSy

— Squeeze (@cryptoSqueeze) May 27, 2019

Crypto trader, analyst, and investor Josh Rager is also feeling bullish about this cryptocurrency as he says it is one of the strongest altcoins. With the big announcement coming on June 1st, he expects EOS to start moving up in sats as it already had a nice uptrend in USD.

Currently, EOS is at 4th in terms of volume. If EOS breaks $8.40 resistance, it will be “very bullish” for the cryptocurrency and

“could see double digits if the news involves commercial partnership.”

Rager sees EOS going above $10 as it would turn bullish once it breaks the tough resistance area at $8.40.