Price Analysis

EOS Price Analysis: Bulls on the run, EOS price can mark $6.55 as intraday high

EOS is riding the bull on the price chart of the crypto market. The day could bring considerable returns to the intraday traders. The bullish trend will also be helpful in price recovery, which is again beneficial for the long term and short term traders.

In yesterday’s price chart, EOS opened at 6.17 USD. The price was seen struggling to climb up and finally around at 03:30 UTC, the price hiked and touched $6.22. Another price hike occurred at 07:39 UTC, where EOS was marked approximately $6.28. The significant price escalation took place at 11:59 UTC, and touched 6.46 USD. Then EOS closed at 6.42 USD.

Altogether, the day was suitable for investors. EOS was under marketers radar, and there was not much expectation from the coin, but the beauty of the crypto market is its unpredictability, which was seen in EOS price momentum yesterday.

The coin has again excited hope for the investors.

Current Statistics of EOS:

The chart is taken from Trading View on 11th June 2019, at 04:09:11 UTC.

  • The EOS current price is 6.38 USD.
  • The ROI is 518.81%.
  • EOS is at the 6th rank on the chart.
  • The market cap is 5,862,639,574 USD.
  • The 24hr volume of EOS is 2,235,519,429 USD.

EOS Price Chart -11 June

The last three-month chart of EOS is showing an escalation in price. In March, the price of EOS maintained the resistance level at $4.5 and the support level of $3.1. The price hike of 36.9% took place in April 2019, where the price took off from $4.25 to $5.82. The month of May 2019, was better for EOS as it marked an escalation in price by 29% as the price went up from $6.2 to $8.0.

Later, the price drop severely affected EOS. The price dropped from $8.5 to $6.0, marking a regression of 29.63% in 4 days.

EOS Price Prediction and Conclusion:

The price of EOS is finally in the recovery mode. As on 11th June 2019, EOS is trading at $6.36. The price is expected to rise high and touch $6.55 by the end of the day. EOS is likely to reach $9 before 2019 could end.

The long term and short term investors can draw profits if they are rooting for the currency. The coin has a great future ahead and has never failed to fulfill investors expectations.

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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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