Despite Sluggish Movement, EOS Could Hit $6 This Year

EOS records 25% dip in the last week trading at $2.82

EOS started the month trading around $3.24 and at the beginning of the last week, it was trading at $3.80. However, the coin has been hit by the downtrend and is continuing to drop further with each passing day.

EOS Price Analysis

In the last seven days, EOS has recorded a downtrend of over 25% drop from $3.80 to its current price as on September 29, 2019 at 03:35:06 UTC at $2.82. EOS price traded around $3.80 in the first two days but then had a steep fall, and it dropped as low as $2.72. The coin has been trading around this value since then, and not drop able to recover in the last five days.

Despite Sluggish Movement, EOS Could Hit $6 This Year

The lowest recorded price of EOS in the last seven days was $2.62 and the highest value was $3.92. It may move within this range in the coming week.

EOS price
EOS Price Chart by TradingView

EOS may prove to be a profitable asset in the next few months. The coin is currently maintaining a consistent pattern in terms of price movement with sudden dips only once or twice a month. It may surge up to its immediate resistance level $2.95 in the upcoming days and may cross it’s 30-day high $4.20 or may be plunge upwards up to $6 by the end of this year. This is the perfect time to invest in EOS coin and start stacking up for future.

Resistance & Support Levels

R1: $2.91, R2: $2.95 and R3: $3

S1: $2.82, S2: $2.77 and S3: $2.73

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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