Price Analysis

EOS Reverses Yesterday’s Fall; Price Returns to $2.75

  • EOS price battles out of the heavy fall
  • Intraday trading might book moderate profit

The crypto market seems to have taken an improvement in turn rapidly after yesterday’s fall. The drop in the price was heart-breaking, but the recovery was anticipated as well. Today, the market is reflecting a profit-making trend marginally, which will help the traders to recover from yesterday’s loss.

If we look at yesterday’s statistics, EOS was seen trading at a high of $2.79 and a low of $2.69 with a trading volume of $1,677,353,890. Now, let’s see what is in there for the intraday traders.

EOS to USD Price Analysis:

Yesterday, EOS started trading around $2.7 recording a slight escalation immediately to trade around $2.73 by 0.68%. Further, EOS dropped to $2.6 by 2.87%. Important to point out that the price soared up tremendously and touched $2.78 by 4.84%. Later, there was a slight recovery in the coin that brought it down to $2.3 from $2.7 by 1.88%. The intraday movement marked an escalation of a mere 0.57% as the coin closed at $2.73. Today, the price of the coin is moving up as it jumped from $2.73 to $2.77 by 1.39%.

EOS Price Chart
EOS Chart By TradingView

EOS holds high expectation of the traders as the coin has given fantabulous results in the past. The investors are waiting for a similar kind of improvement. We are positive that it would take place soon and will also help EOS to gain back its position. As per the recent price record, the currency is headed towards the immediate resistance level at $2.8.

Resistance Level Price Support Level Price
R1$2.8S1$2.7
R2$2.84S2$2.64
R3$2.9S3$2.6

The traders interested in EOS are recommended to go for long-term investment as it would bring a colossal profit to the 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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