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Price Analysis

EOS Price Analysis: EOS Price Surge Leads The Bulls Towards $7.25

Smarter_way_USA

EOS is heading to hit $7.25 with the current bulls riding the market. The coin touched $7.20 yesterday. The stats reflect that the next time will be a fortunate price surge.

Presently, Bitcoin is dominating the market. EOS is often seen anchored by the same. As per the current statistics, the coin is not only been magnetized by Bitcoin but also moving according to it.

Let’s take a look at the current statistics of EOS:

EOS Price Chart - 17 June

  • The current trading price is $7.04.
  • The coin is at the 6th rank in the crypto market.
  • The market capitalization is at around $6,493,522,243.
  • The 24hr volume of EOS is at $2,454,803,476.
  • The current circulating supply of EOS stands at 919,467,348 EOS out of the total supply of 1,016,167,354 EOS.

As per the chart of EOS on 17th June 2019, at 09:11:33 UTC, the coin is seen shifting towards $7.1 again. Today, the coin opened at $7. Within the first few hours, the currency jumped from $7 to $7.1, marking a progression of 1.42%.

In yesterday’s price graph, the first jump in EOS was about 4.41% as the price escalated from $6.8 to $7.1. The currency couldn’t hold at $7.1 for long as it dropped to $6.9 from $7.1 with regression of 2.81%. The next drop was marked from $7.0 to $6.8, giving an impression of 2.85% loss. However, the day ended with a hike.

EOS Price Prediction and Conclusion:

As per the latest news, Block.One the parent company of EOS has hired a law firm to deal with the blockchain issue. The coin is going up with a fabulous momentum. The future looks promising. However, the short term investment seems a little risky, but the long term investment would fetch considerable returns.

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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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