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Price Analysis

EOS Price Analysis: EOS Proceeds with Number of Price Variations in Past 24 Hours

  • EOS has shown five price variations in the last 24 hours in the range of 2% and 6%.
  • The medium-term outlook of EOS stays unchanged at 10 USD.

EOS is one of the top-ranked coins presently working on the EOS blockchain protocol. The value of EOS coin has taken a downshift in the last few days. The volatility in the price has been a feature of EOS. However, the coin has a bright medium-term future. By the end of 2019, the coin is likely to be around 10 USD. Here is an analysis of the coin’s price movement in the last 24 hours; it is likely to help the intraday traders to reorganize their investments. Let us look at the current details of the coin.

EOS Price Statistics-

EOS13th July 06:17 UTC
Rank7th
ROI (Return on Investment)357.54%
Coin Circulation1,019,695,626 EOS
Market Cap4,365,365,452 USD
Value in USD4.693USD
Value in BTC0.00040494 BTC
24h Volume2,013,553,151 USD

EOS to USD Price Comparison-

EOS price chart - july 13
EOS chart

EOS has shown five major shifts in the price level over the last 24 hours. The first shift was a fall of 0.193 USD or 4.02% that happened between 00:18 UTC and 03:51 UTC. It was followed by a hike of 5.97% over the next 4 hours and 28 minutes, and this hike helped the coin to gain 0.275 USD. Then again between 08:16 UTC and 15:30 UTC, the coin fell by 2.84% and lost 0.139 USD.

There was a hike of 2.48% between 15:30 UTC and 20:52 UTC and the coin gained over 0.118 USD in this meantime of 5 hours and 22 minutes. The latest was a fall of 3.33% and it cost the coin 0.162 USD over the next 7 hours and 23 minutes.

EOS Price Prediction-

The medium-term outlook of EOS is bullish, and it is likely to be around 10 USD by the end of 2019. The EOS coin is likely to close at 4.8 USD today. The next resistance points are likely to be at 4.913333333 USD, 5.006666667 USD, and 5.143333333 USD. The support levels are likely to be 4.683333333 USD, 4.546666667 USD, and 4.453333333 USD.

Conclusion-

EOS is now moving with a slow pace and it is not showing any huge & unprecedented price shifts. However, it is a good trade for the investors aiming at long-term holding.

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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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