EOS Price Analysis: EOS prices seem to rise upwards, will it maintain the same momentum
EOS Price Analysis: EOS prices seem to rise upwards, will it maintain the same momentum
Let us look at the price comparison of EOS since 20-July-19 till date. The coin was at the level of $3.98 on 20-July-19 at 01:25 UTC time. For the next two days, the coin did manage to rise however started falling again and reached the level of $3.96 on 22-July-19 at 17:20 UTC time. Post 22-July-19 it has slowly started to gain some momentum and managed to reach as high as $4.66 today at 00:30 UTC time. It has fallen marginally and at present is reflecting signs of moving upwards.
EOS price comparison is as mentioned below:
Current Data of EOS:
- EOS is at present ranked at number 7.
- As per 06:34 UTC time today, market value of the coin was 4,200,666,229 USD.
- Price of EOS is $4.58 at 06:47 UTC time.
- 24-hour volume figures are $2,804,322,526
- 924,643,166 EOS coins in circulation.
- EOS offers a ROI of 340.84%.
EOS Price Comparison and Future prediction:
Comparing the price of the coin since its lowest value of $3.98 and the current prices, the coin at present is reflecting a bullish trend by 15%.
After a day’s time, EOS may reach $4.59 and after about a month’s time EOS can touch $4.68 with a marginal increase of around 1.96%. By the end of this year, EOS will reach greater heights and touch up to $5.46 with 18% growth.
Conclusion:
As per the present trend, advisable to sell the existing EOS coins today. Trading on short term basis might not be that profitable. You may also purchase new coins after a couple of days’ time and if you are able to retain the same for minimum of 2 and more years, it will prove to be very beneficial. The MACD indicator points out that the coin is gradually trying to move upwards. The coin has been overbought and oversold as well over the past 5 days. It may be on the verge of being overbought today as per the RSI indicator. EOS has managed to show a 15% growth over the past 5 days which is quite good. The coin has huge potential and will be a good investment option in the long run for investors.
