The EOS price is seen walking on a straight line in the crypto market. The last couple of weeks have been quite a roller coaster ride for the entire market. Well, attaining stability at this point could be the power play of EOS. This also reflects that the coin holds a high possibility of an upsurge in the future market.
There is a slight drop in the price of EOS on the intraday chart. The same is speculated to be recovered in the coming time.
EOS to USD Price Analysis and Forecast
Yesterday, the coin opened with a drop. The price counter slipped from $3.77 to $3.72 by 1.35%. The fall continued and took the price to $3.6 from $3.7. This time the regression was of 1.79%. EOS immediately recovered from $3.6 to $3.7 by 2.86%. There was again a fall experienced by the token. Finally, the currency closed the day with the last moment upsurge. The price counter jumped from $3.71 to $3.77. The coin closed the day at $3.7 with an intraday regression of 0.39%. Today, the coin opened with a slight regression of 0.12% as coin moved from $3.76 to $3.75. The fall continued and took the price to $3.71 by 1.22%.
The market has touched $26 billion market cap within the first few hours. A few days ago, the market cap was at $24 billion. The uptrend in the same is indicating towards the brighter day ahead. EOS usually follows the market trend; hence, the traders can expect an upward movement in the price.
The coming years are speculated to bring a huge change in the coin. The traders with long term investment in mind can opt for EOS. It is anticipated to give considerable return in the specified time.