Yesterday, Ellipsis price jumped to a months-high of $0.0007382 before the current price retracement that has seen it dip to $0.0004983 at press time.
Yesterday’s surge, which was propelled by BNBx Ellipsis LP update of migrating from Stable pool to Crypto Pool, had rekindled hopes of the token staging a strong bullish rally seeing that it surged by more than 78% in a day.
All the same, the token is still trading higher than where it was trading Yesterday morning ($0.0004133) and there are very high expectations of the coin resuming yesterday’s bullish trend.
To help investors and traders who want to take advantage of the current Ellipsis price dip, Coinjournal has created a brief article to help with identifying where to buy the EPX token.
To find out more, please continue reading.
Best places to buy Ellipsis token
Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.
Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.
Swapzone is a crypto exchange aggregator that operates as a gateway between the cryptocurrency community and exchange services. Swapzone aims to provide a convenient interface, safe user flow, and crystal-clear data for users to find the best exchange rates among the whole cryptocurrency market.
What is Ellipsis cryptocurrency?
Ellipsis is a cryptocurrency that operates on the BNB Smart Chain (BEP20) platform.
On March 31, 2022, it performed a token migration from the old Ellipsis (EPS) token to its current Ellipsis (EPX) token.
After the token migration, the EPX token was locked from transfers until the Ellipsis 2.0 protocol was launched. It was after the token migration and launch of the 2.0 protocol that the holders of the old EPS token were allowed to exchange every EPS for 88 EPX tokens.
Should I buy the EPX token today?
If you want to purchase a cryptocurrency that has shown signs of taking off, then the EPX token could be a good choice.
However, the EPX token has been struggling since it was launched and did not perform as anticipated. And owing to the volatility of the crypto markets, it is difficult to precisely predict how the token will perform moving ahead.
Ellipsis price prediction
Following yesterday’s price surge, analysts are expecting the token to close the week at least above $0.0008. However, this will be determined by whether the token will correct the current price retracement before it erodes the gains it had made.
$EPX social media trends
We have created a new BNBx-BNB Crypto pool on @Ellipsisfi
Find out more about the incentives & benefits for you👇https://t.co/GzmS5lBfci
— Stader.BNB (@stader_bnb) September 20, 2022
The post Ellipsis (EPX) dips after yesterday’s surge: here’s where to buy the Ellipsis dip appeared first on CoinJournal.