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Price Analysis

EOS Price Deals with a Marginal Growth Since Yesterday

Yesterday, EOS saw a terrific day. The same was long-awaited by the traders. The coin is expected to keep the upsurge intact. The traders in the coin can dig in for a moderate profit. There is a possibility of selling pressure for day traders in the coin, but the same would soon be over.

Let’s have a look at the intraday chart to understand the EOS price momentum more precisely. The chart is taken from Trading View on 9th September 2019 at 06:10:59 UTC.

EOS to USD Price Chart

EOS price
EOS Price Chart by TradingView

EOS Price Analysis & Prediction

Looking at the above chart, we can observe a slight rise in the price of EOS since yesterday. The coin opened with an upsurge on yesterday. The price changed from $3.6051 to $3.6850 by 2.22%. The currency recovered from $3.5 to $3.7 by 5.26%. There was another jump in the EOS price. The coin jumped from $3.7001 to $3.7760 by 2.35%. Today, EOS opened with $3.7. The price immediately fell from $3.7 to $3.6 by 3.49%.

Most of the crypto-enthusiasts consider that EOS is a result-oriented coin and the same has maintained its position on the crypto market by fulfilling the desires of the traders. Today, the coin is again spotted moving upward leaving the market pressure behind. We are suspecting that the EOS might close the day with a negative sign as currently coin is trading below the baseline.

In the coming weeks, the coin is likely to trade around its 30-Day highest value of $4.24. The coin is speculated to give the best result to the long-term traders.

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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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