Price Analysis

EOS Price Analysis: EOS Touches YTD-High In Price As Well As Market Cap

eToro
  • EOS touches the YTD-High point in individual coin price and market cap.
  • The 2019 prediction target should rest at 25 USD.

The sentiments of the investors run high when there is something big anticipated on the sphere of their invested coins. The same thing is happening with the investors of EOS. After EOS official tweet of some big announcement in June, the value of EOS coin is on the rise. Recently, it touched the YTD- high value of 8 USD. Even the April boom has not been able to give the coin this much of strength, which the anticipation of something big has given. The story is also the same with market cap. The market cap of EOS has also touched all-time YTD high yesterday. The stories related to Block. One purchasing RAM worth of $25 million has also helped the coin to fuel in the market. We predict the value of the coin to be traded around 25 USD by the end of 2019. We should now analyze the current figures of the coin to understand the growth pattern.

EOS Price Current Statistics-

EOS Price Chart - May 29

eToro Crypto
EOS (EOS) 29th May at 02:00 UTC
Rank 5
Circulation Coins 1,013,540,694 EOS
ROI (Return on Investment) 668.05%
Market Cap 7,251,221,935 USD
Price in USD 7.84 USD
Price in BTC 0.00091058 BTC
24h Volume in USD 4,126,359,220 USD

EOS Price Comparison-

EOS has started the year with a very low price. The lowest point of the coin was on 13th January at 2.255 USD. The highest growth was achieved after 25th March when the coin gained 58.6 % in just 16 days. The market cap and the value of each coin on 29th April were 4,457,238,795 USD and 4.72 USD. The current figures are respectively 62.68% and 66.10% more than the figures for last month.

EOS Price Prediction-

There is a definite short-term bullish period waiting for EOS coin. In the short-term, the coin will go past 12 USD before finding resistance. By the end of 2019, the coin will be traded around 25 USD. There might be some price correction movement in the coin the investors need to be aware of it.

Conclusion-

This is the perfect time to buy fresh coins. The upcoming announcement will give a boost to the profit for short-term players. Long-term holding will give a profit of at least three times the current invested value.

Scott Cook

Scott Cook got into crypto world since 2010. He has worked as a news writer for three years in some of the foremost publications. He recently joined our team as a crypto news writer. He regularly contributes latest happenings of crypto industry. In addition to that, he is very good at technical analysis.

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