Price Analysis

EOS Price Analysis: EOS Price Struggles To Keep Up; Intraday Trading Remains Calm

The market is riding on the bulls. Bitcoin crossed $12,000 mark and heading to breakthrough $13,000. The coin usually anchors the entire market. However, EOS is behaving indifferent from the upsurge, and the day is likely to remain the same.

EOS usually follows Bitcoin, but today the coin doesn’t seem to walk on its usual path, making it a concern for the investors. However, the drip is temporary, and soon, the coin would experience an upsurge. The marketers have high hopes from EOS in the future. EOS has always remained a bright investment avenue for investors.

Current Statistics of EOS:

  • The price of the EOS is $7.16.
  • The 24hr volume of EOS is $3,232,164,764.
  • The return on investment is noted as 599.74%.
  • The market capitalization is marked as $6,644,353,994.
  • The circulating supply of EOS is 920,690,454 EOS.
  • EOS is at the 6th rank in the crypto market.
EOS Price Chart - 26 June
EOS Price Chart

As per the chart from Trading View on 26th June 2019, at 08:33:48 UTC, the coin opened at $7.1 and climbed $7.3, leaving an impression of 2.82% growth. The coin immediately dropped from $7.3 to $7. The regression locked was about 3.90% with the coin currently trading at $7.1.

If we look at yesterday’s chart, EOS is reflecting a steady fall in the price. The coin took a steep drop of 2.48% from $7.1 to $6.9 in the middle of the day. The coin price closed at $7.12.

 Price Prediction and Conclusion:

EOS is one of the most result in generating investments in the crypto market. The coin has always fulfilled the expectations of the investors. The current drop in the price of EOS is temporary. The coin is expected to rise above $8 in the coming months. By the end of 2019, EOS can be seen trading around $10.

The long-term and short-term investments look flourishing. The traders can dig in for huge 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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