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EOS [EOS] Technical Analysis and Price Prediction 2018, 2020
EOS [EOS] is not faring too well amid broader declines seen in the cryptocurrency market. In the last one week alone, EOS has seen it value drop close to 4 percent, data from CryptoCompare showed. Going by its current performance, the coin is likely to fall even further.EOS/USD
The coin is struggling to break out from the current resistance level, traced at $5.39, and seems to be giving in to bears seen in the crypto market. The digital currency has breached a major support level, noted at $5.10. See also: EOS block producers lose over 150 million votes due to vote decay The 100 EMA line indicates that the coin is currently exhibiting a stable trend, after spending most of the day in an uptrend. The MACD shows that the crypto is slowly making its way in to the bearish zone from bullish territory. The virtual currency is exhibiting a significant trading range $4.81-$5.65. As of 1949 GMT, the digital asset had fallen 3.4 percent against the U.S. dollar to trade at $5.02.EOS/BTC
At the time of writing, the coin had slipped 1.5 percent against. BTC. Currently, one EOS is equivalent to 0.0008 BTC.EOS Price Prediction 2018, 2020
- According to CoinSwitch, the digital coin could reach as high as $11 by the end of this year. The crypto is expected to hit $95 by mid-2020, after which it will likely fall gradually and end the year by dropping to $56.25.
- Going by a Smartereum forecast, the coin is expected to hit $37 by the end of this year. The five-year forecast for the crypto is around $143.
- According to InvestingPr, experts believe the virtual currency could hit a high of $150 by the year 2020. They forecast that the crypto may only reach as high as $20.