EOS Price Analysis: EOS Plummets On The Charts; Drops To $5.6

EOS price opened with a huge drop. The coin is expected to recover in the future, but the intraday chart is expected to remain the same. The coin has some big business ventures coming up, which assures that the investment in EOS won’t go futile.

The coin is listed among one of the major coins in the market. The currency has never failed the investors hope and has always resulted in favorably. The same helps the traders to develop loyalty with the coin. The current fall has helped the traders to invest in EOS once again. The traders who have already entered are likely to recover losses in the coming days.

Current Statistics of EOS:

The price chart of EOS is taken from TradingView on 02nd July 2019, at 04:59:11 UTC.

EOS Price Chart - 2 July
EOS Price Chart

Summary of the statistics:

  • The price of the EOS is 5.68 USD.
  • The Market Capitalization of EOS stands at 5,170,539,721 USD.
  • The Return on Investment (ROI) is 444.05%.
  • The 24hr volume of EOS is 3,005,098,704 USD.
  • The circulating supply of EOS is 921,492,895 EOS.

Yesterday, the coin opened with an upsurge. The coin jumped from $5.7 to $5.9, with an improvement of 4.59%. The coin started dropping from the said level and touched a low at $5.5. However, the coin jumped from $5.6 to $6 and booked profit by 7.38%. The coin closed at $6.1. The day was quite adventurous for the traders.

Today, the coin opened with $6.1 and at 04hr 37min the coin dropped by 8.99% and touched a low at $5.6.

EOS Price Prediction and Conclusion:

A week ago, EOS got listed in Coinbase. The expectation with the token was to touch some really high counters, but EOS came under the market pressure. However, the coin will rise and shine in some time, and till then, the traders are recommended to keep it tight.

The long term investment in EOS will give a huge return on investment. The short term will also lay dividend, but chances are thin.

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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