Price Analysis

EOS Marks 6% Loss Over the Last 24 Hours

  • EOS price exhibits a heavy fall in the price
  • Intraday trading is likely to bring loss

The crypto market is experiencing a bearish price movement. The big forces of the market like Bitcoin, Ripple, Ethereum, etc. are booking heavy losses. EOS is also registering a similar trend. The intraday traders interested in the coin are speculated to book loss. Yesterday, the price was seen dealing at a high of $3.46 and at a low of $3.15. The volume marked by EOS was $2,272,078,620.

EOS Price Prediction

Yesterday, EOS started the day by dealing at $3.4063. The currency kept dealing around the opening level for some time. Later, the price started falling, and further, EOS coin took a tremendous drop. The price counters changed from $3.358 to $3.037 by 10.40%. The price recovered in the later hours. The escalation was marked by 4.54%. The price counters changed from $3.0379 to $3.1758. The coin closed the day at $3.2033. The intraday regression marked in the coin was 5.98%. Today, EOS opened with a moderate fall. The price counters changed from $3.2033 to $3.1604 by 1.34%.

EOS Price
EOS Chart By TradingView

The EOS price is currently dealing at $3.1574. The price is around its immediate support level. There is a strong possibility that it might drop to the next support level at $2.97. The intraday traders might not get the opportunity to make a profit. However, after the huge price drop, EOS price is on the recovery spree. There is an anticipation that it would improve in the upcoming days. The currency is suggested for long-term traders. The same would bring the best result to them.

Resistance Level Price
R1$3.41
R2$3.59
R3$3.72
Support Level Price
S1$3.1
S2$2.97
S3$2.79
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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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