Price Analysis

EOS Price Analysis: Block.One handling blockchain issues, EOS price surge expected

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  • One venture with a Lobbying firm to resolve blockchain issues.
  • EOS to have a great future ahead.

Block.One parent company of EOS is finally fixing the blockchain issues raised by many marketers. International law firm Holland & Knight LLP has cited Block.One as its client. The law firm handles regulatory and government affairs, blockchain technology and e-commerce affairs.

Block.One would soon come out of the situation and shine back. The coin is in the sixth position in the crypto market and many investors have high hopes with the currency. The coin is presently trading in a bullish trend and the same is expected to be maintained in the coming time.

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Current Statistics of EOS:

The price analysis of EOS is done with the help of the Trading View chart of 13th June 2019, at 10:19:18 UTC.

EOS Price Chart

 

Summary of statistics:

  • The price of EOS is at 6.51 USD.
  • The coin is at the sixth position in the crypto chart.
  • The market capitalization is at 5,980,656,525 USD.
  • The 24hr volume of EOS is 2,311,132,139 USD.
  • The circulation supply is around 918,928,229 EOS.
  • The Return on Investment is marked as 531.05%

The price chart of EOS states that the increase in the price of EOS has got increased momentum. The currency opened at 6.4 USD and is now trading at 6.5 USD. The price jumped from 6.4 USD to 6.6 USD marking a progression of 3.125%. The price was caught up in the selling pressure. The price soon maintained its pace by settling at a resistance level of $6.63 and support level at $6.52.

However, yesterday price of EOS opened at $6.3 and closed at $6.4 marking a progression of 1.58%.

EOS Price Prediction and Conclusion:

The price of EOS is expected to escalate in the coming future. Many altcoin reviewers gave a low rating to EOS due to the blockchain issues. The parent company, Block.One took requisite actions to deal with it.

Now, we are expecting EOS to grow at a usual rate. The long term and short term investors can pick the currency for huge dividends.

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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