EOS Price Registers Moderate Fall; Is There Any Indication of Recovery?

  • EOS price opens with an uptrend, but later, it turned bearish.
  • The uptrend in the coin was suspected of bringing price rally, but that seems postponed.

EOS started the day with the bullish trend. The coin was moving up, but the volume was falling since the beginning of the day. The coin has dipped and turned bearish. The traders are still holding hope for an upsurge. The market is anticipated to pull up the coin in some time.

If we look at yesterday’s counters, the coin was seen trading at the volume of $1,574,861,177. The coin touched the highest price at $3.44. The lowest price touched was $3.32.

Current Statistics of EOS:

  • The price of the coin is at $3.33.
  • The ROI (Return on Investment) is marked as 223.07%.
  • The 24hr volume is noted as $1,451,961,553.
  • The Market Cap value is at $3,099,680,915.
  • 930,290,281 EOS coins are currently circulating in the market.

EOS to USD Price Comparison:

The below EOS price chart is a data feed from TradingView as on 4th September 2019 at 09:39:29 UTC.

EOS Price Chart
EOS Price Chart by TradingView

The chart is indicating a slight fall in the price. Yesterday, the day started with an upsurge. The coin switched places from $3.33 to $3.38 by 1.33%. Later, the coin again escalated from $3.3 to $3.4 by 4.37%. The coin felt a pullback towards the end of the day. The coin fell from $3.4 to $3.3 by 2.60%. The coin closed the day with a change of 0.65% at the trading price of $3.36. Today, the coin kept trading at $3.36 for quite a long period of time. Recently, the coin booked a fall of 1.24%. The price dropped from $3.36 to $3.32.

EOS Price Prediction and Conclusion:

EOS is among the top ten coins of the market. The same makes it stand out with an opportunity as compared with the rest of the many altcoins in the market. The same is the reason behind the traders’ trust on the coin. EOS stands at the 8th position uptight from quite some time and is expected to remain similar.

The uptrend in the coin is likely to embark a 4% to 5% increase in the coming years. We recommend the traders to opt for long term investment in the coin and book huge dividends in the future.

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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