Price Analysis

EOS Price Analysis: EOS Price Drops to $5.8; Intraday To Remain Boring

EOS price trend drops again. The coin is currently trading at $5.9 but has even touched $5.8 in the past hour. The marketers weren’t expecting the coin to go below $6. However, the expectation of recovery in the prices of the coin is fading with the passing time.

Let’s have a look at the EOS price chart.

Current Statistics of EOS:

  • The current trading price of EOS is $5.9060.
  • The coin is at the 6th rank in the crypto market.
  • The return on investment of EOS is 470.00%.
  • The market capitalization of EOS stands at $5,416,474,943.
  • The 24hr Volume of EOS is marked as $2,842,997,965.
  • The circulating supply of EOS is noted as 921,380,679 EOS
EOS Price Chart - 1 July
EOS Price Chart

As per the chart is taken from Trading View on 01st July 2019 at 9:19 UTC, the coin opened with an upsurge in the price. The coin jumped from $5.7 to $5.9, marking a progression of 4.55%. The coin dropped till $5.8 price mark but has again started recovering. EOS is presently trading at $5.9.

However, yesterday, the coin opened at $6.3. There were two major drops in the coin; the first drop took the price of EOS down from $6.1 to $5.7. Next drop was of 4.08% where the coin slipped from $5.9 to $5.7. The intraday loss was registered at 8.96%.

EOS Price Prediction and Conclusion:

The coin is expected to rise in the future. The traders are recommended to stay put with the coin as it is anticipated to give a good return on investment in the coming months.

The coin is expected to touch $10 by the end of 2019. Towards the end of July, EOS is expected to rise to $7.

The long-term investment is likely to flourish with great dividends.

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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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