Price Analysis

EOS Price Analysis: Then, Now, and Future of EOS coin

The EOS price is currently falling on the intraday chart. The indications for improvement in price in today’s chart are thin. Although the market is moving up and Bitcoin has also opened with a bullish trend, EOS stands unaffected by any of it.

However, EOS will soon recover and climb up on the chart. The current fall in price is temporary and has no legs. The traders sweating because of the present scenario in EOS will be soon seen grinning as the price is expected to hike.

Let’s have a look at the year to date price chart of EOS.

EOS/USD YTD Chart:

The chart is taken from Trading View on 29th June 2019, at 05:12:33 UTC.

EOS Price Chart - 29 June
EOS Price Chart

The first quarter of EOS was moderately profitable. In January, the coin opened at $2.7 and closed at $2.3. The regression marked was of 14.02%. From February, the momentum started improving in EOS. February booked 48.37% improvement in price; the counters changed from $2.3 to $3.5. March was less impressive if compared with February but still marked positive numbers by 17.72%.

The second quarter was wildly active and booked some great numbers. In April, the improvement in the chart was of 17.45% as price shifted from $4.2 to $5. May was the most active month among all. The progression locked was about 52.91% as price hiked from $5 to $7.7. However, in June the coin is back to $6.1.

Particulars EOS
Price (USD)6.11 USD
24hr Volume3,490,084,432 USD
Market Capitalization5,631,497,364 USD
Rank6
Return on Investment (ROI)492.82%
Circulating Supply921,091,357 EOS

EOS Price Prediction and Conclusion:

EOS has almost tripled the price from the beginning of the year till now. The momentum of the price is undoubtedly great, and hence, the future is likely to be good.

The long term and short term investment in EOS are quite promising. The coming years in EOS are anticipated to lay good results. We are assuming that by the end of 2019, EOS will be seen dealing around $10.

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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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