Price Analysis

EOS Price Analysis: EOS price indicates upcoming price rally; Coin opens with an upsurge

EOS is pointing towards a better future. The coin was seen suffering in the previous month. We have stepped in the second month of the third quarter, and we are looking forward towards having a massive recovery in the ongoing month. EOS has always shown an extraordinary potential during the tough times. Here, we can again see a high prospect of recovery in the current price movement.

Talking about yesterday, the coin touched a high at $4.36 and a low at $4.12. Let’s have a look at the price chart.

Current Statistics of EOS:

  • The price is trading at $4.2998.
  • The ROI (Return on Investment) is marked as 318.76%.
  • The 24hr volume is noted as $1,592,293,512.
  • The market cap stands around $3,998,601,778.
  • The circulating supply is marked as 925,852,920 EOS.
  • The coin is ranked at 8th position in the crypto market.

EOS to USD Price Comparison:

The chart is taken from Trading View on 03rd August 2019 at 01:33:45 UTC for price analysis.

EOS Price Prediction
EOS Price Chart by TradingView

A week-long chart is showing a slight upsurge in the coin. The coin started trading at $4.2 on 28th July and dropped to $3.8 on the same day. The coin on the same day closed at $4.2, marking a progression of 0.60%. Further, the coin slipped slightly as the trading price changed from $4.24 to $4.21. The escalation was marked in the price of the coin on the last day of the previous month where the coin jumped from $4.2 to $4.4 by 5.38%.

On 1st August the coin slipped from $4.4 to $4.3 by 2.5%. The coin further dropped from $4.3 to $4.1 by 3.26%. Today, the coin opened at $4.1 and jumped to $4.3, having an escalation of 3.11%.

EOS Price Prediction and Conclusion:

EOS is among the top 10 coins in the crypto market (as per Coinmarketcap). The currency is a result-giving investment. The traders rely on the price movement of the coin, and it has remained loyal during the heavy drop. We are also apprehensive that price rally would begin soon. The month is expected to bring a heavy change in the price. By the end of 2019, the coin is expected to trade around $10. In the coming years, the upsurge would be fantastic. The long-term investment would fetch high returns on the investment.

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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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