Yes, that is possible to do it, but you have to check in this language file ->
JoomlaFolder/language/en-GB/en-GB.com_easyblog.ini
For example this following translation contain 'authors',
COM_EASYBLOG_NO_AUTHORS_CURRENTLY="There are no authors available currently"
then you have to copy above language constant with the translation and put it in this language override file
JoomlaFolder/language/overrides/en-GB.override.ini then the system will refer this first.
Hope this will help.