Price Analysis

EOS Price Analysis: EOS Price Upsurge Reflects Stability, Expected To Cross $8 Soon

EOS coin opened with the bullish trend in the market. The coin climbed to $7.4 in the first hour of the day. The current price surge seems to have legs, and we are expecting the coin to cross $8 soon.

The last few days have been a roller coaster ride for EOS. The coin has jumped, fell, climbed back, and did almost everything to attain the current stability. If the coin keeps the momentum intact, then $8 wouldn’t be a difficult counter to achieve.

The coming days for EOS look fine for now. If the coin surpasses $8 by the end of June or within the first half of July, then there are chances that EOS can break the 52 weeks high of $9 by September.

Current Statistics of EOS:

The EOS chart is taken from TradingView on 22nd June 2019, at 04:42:09 UTC for price analysis.

EOS Price Chart - 22 June
EOS Price Chart

The coin is at USD 7.29. The 24-hour volume of EOS is around 2,916,096,808 USD.  The market capitalization of EOS is 6,712,152,059 USD. The circulating supply is at 920,122,308 EOS. The Return on Investment (ROI) stands at 607.32%.

Yesterday, the coin started with a steep jump from $6.9 to $7.1, giving an impression of 3.12% progression. The coin touched the intraday high at $7.15 during the first half of the day. However, the second half of the day was disappointing. EOS fell by 3.46% from $7.10 to $6.85.

Today, the coin opened with a boom. The first jump is from $7 to $7.39, giving an impression of 4.74% progress in the price. The coin is anticipated to remain the same for the rest of the day.

EOS to USD Price Comparison:

If we compare the price of EOS from last month from 23rd May when the price was at $5.9 with that of today, which is at $7.2, the progression marked is around 23.32%.

EOS Price Prediction and Conclusion:

The investors who are interested in selling the coin towards the end of 2019, they can go for it. The EOS is likely to give a good return in this period. In 2020, the assumptions about EOS are not very favorable. However, the period after 2020 is likely to be flourishing. Thus, as per the current scenario, long-term investment is anticipated to give 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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