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  • EOS community to be updated once every month on the developments of EOSIO.
  • EOS price  trend is slightly bearish but a support above $5.00 will go a long way in stopping another dip to $4.70 support.

The EOS community is celebrating the release of the blockchain upgrade EOSIO V1.3.0. The details of the release are available on GitHub as well as the on EOSIO Developer Portal. The team said that it continues to gather feedback from the community, especially when creating decentralized applications on the protocol. This feedback helps the network to continually improve user experience on EOSIO. The community can from now onwards expect a development report every second Tuesday of every month.

Alongside EOSIO V1.3.0, the network announced the release of wabt; the new WASM backend, trusted producers and the all-new EOSIO contract development toolkit also referred to as EOSIO.CDT.

“With the release of EOSIO V1.3.0, we are excited to announce a new toolkit we will start recommending for compiling smart contracts and generating ABI files “” the EOSIO Contract Development Toolkit (EOSIO.CDT). EOSIO.CDT provides support for Gnu & C++ 11 style creating a more reliant way of declaring your smart contract structure and associated data structures,” EOSIO team wrote on the Medium.

EOS price technical picture

EOS is dancing with $5.00 while seeking balance above $4.90. Yesterday’s pullback from $4.70 support tested the resistance at $5.2 but failed to retrace higher. EOS/USD consolidated the gains above $5.00 during the Asian trading hours. However, European trading is seeing EOS corrected lower below the same level. Various technical indicators like the RSI and the MACD are sending bearish signals. A support must be formed at $4.90 to prevent declines towards $4.70 and eventually the primary at support at $4.10. The 50SMA is offering immediate support. On the contrary, the 100SMA will limit recoil towards the critical $5.2.

EOS/USD 1-hour chart