Over the weekend, it has come to the attention of many within the EOS community that there has been an exploitation within the software.
A tech savy individual can “install code on their account” to allow “them to steal RAM”.
This has been founded by the Reddit User: Grandmoren and verified by several other individuals within the community.
Rest Assured, it does not take any staked EOS, it only fills up your RAM.
Nonetheless, this can be a fatal vulnerability, therefore Nouvive using this Fundamental information and technical data as can be seen below Recommends a SELL for EOS:
EOS has illustrates a technology flaw that as been discovered only several hours ago. Therefore, the market has not had enough time to place this vulnerability into the chart. Nouvive recommends you to get ahead of the curve.
EOS on the technical side has been unable to surpass $5.30 over the past 10 Days, this collates with Bitcoin’s stability or slowdown, illustrates that there is no breakout happening any time soon.
According to the Fibonacci 0.5 line, the best place to cover would be $4.75 as a result of this being a previous support area.
However, with this discovery being so early, Nouvive recommends you to cover or take profit at around $4.40 when the rest of the market catches up.
Nouvive recommends a sell around $5.15 with the first stop loss at $5.26, increasing stop losses in profit.
Nouvive recommends taking profit at $4.70.
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