Price Analysis

EOS Price Analysis: EOS Price On Recovery Mode, Expected To Regain Momentum

  • EOS reflects a recovery from yesterday’s price.
  • The selling pressure deflects from EOS

EOS is moving in the right direction for intraday trading. The coin is reflecting a slight recovery. The same is likely to continue for the rest of the day. The coin usually moves in the direction of Bitcoin, and today, BTC is rising in the market.

The intraday traders could be seen booking huge profits in the market today. The market is presently at $332 billion. The coin touched a high $7.26 at and a low at $7.09. Yesterday’s volume was marked around $2,210,224,932.

Current Statistics of EOS Coin:

The chart is taken from Trading View on 25th June 2019, at 04:43:18 UTC for price analysis.

EOS Price Chart - 25 June
EOS Price Chart

Looking at the price chart, today the coin opened around $7.3. The coin dropped once but picked up again. Almost till 03:00 UTC, the coin tried to maintain the price momentum, but post the time, the token fell from $7.3 to $7.2. The drop marked was of 1.25%. The coin is currently trading at $7.2.

Yesterday’s price chart movements show a different story altogether. The altcoin dropped from $7.2 to $ marking a regression of 3.34%. The coin immediately recovered from $7 to $7.1, marking progression by 2.15%. EOS was trading around $7.2 all day long.

Particulars EOS
Price (USD)$7.26
Rank6
Market Cap$6,674,716,839
ROI (Return on Investment)603.06%
Circulating Supply920,531,274 EOS
24hr Volume$2,172,894,424

EOS Price Prediction:

EOS is expected to rise in the coming days. We are anticipating that EOS might cross $10 by the end of 2019. As per the latest news, Block.One the parent company of EOS is buying back its shares from the market. The news reflects that the company is positive about the coin’s future.

Conclusion:

The investors interested in EOS can dig in for the long-term. The coin is to likely fetch huge profits to the traders.

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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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