EOS Price Analysis

[Blockverge]

Recent strong activity in the cryptomarkets which was led by Bitcoin recovery is finally starting to have effects on other major coins as well. EOS which was trading at $7.85 on Monday has climbed by 12% and looks set to break the $9 resistance level. It is currently trading at $8.82.



Unlike other crypto coins the price of EOS has moved in conjunction with BTC. We believe this could be a good sign as BTC is expected to make further gains and push for the $9,000 level.

In the medium term, EOS continues to fluctuate between $7 support and $9 resistance level. The increased downward pressure was sustained as price dropped below $7.8 in the demand area.



As per chart, the price is currently above 12 and 50 day EMAs. The stochastic oscillator is at 45 percent and the signals point upwards. This implies positive momentum for the cryptocurrency in the medium-term.

EOS clearly represents a significant strength when compared to most other cryptocurrencies in 2018. The coin is still well above the low levels we saw during the recent fall where it was trading at just over $6. It is also solidly above the asset-class-wide support pivot which was logged in mid-March.

For those who managed to get the coins during the lows in recent action, key resistance sits just above the $9 based on 50-day and 200-day simple moving averages. We will see strong resistance and sell-off pressure at $10 as it is a good, round number.

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[sofmyhad]

This altcoin is increasing so fast and its price is raising as well, what is more, I agree with such predictions because everything talks about this future.

[coin_maker]

So far, the condition of the EOS looks good. In fact it looks like it is in a safe and stable place. Even though the price is still alternating between two numbers, it still looks good.

[zinson01]

EOS currently at $8.67 as of today, showing significant collaborative rise of price up with BTC, hand in hand. This is definite;y a positive insight seen for the coin, it on the bullish for EOS even on demand zone reach, nevertheless by indicators it should have break upward in coming days. So, it's good to hold to these coins up for some time, seeing significant returns for future. Hopefully it can get all the steer from BTC as a good guidance, depending on it.

[MidnightNugget]

EOS is my third most favorite coin. I have analyzed its growth and it is doing much good. I think it will go further because within one year it may going to have massive growth.

[asriloni]

EOS currently at $8.67 as of today, showing significant collaborative rise of price up with BTC, hand in hand. This is definite;y a positive insight seen for the coin, it on the bullish for EOS even on demand zone reach, nevertheless by indicators it should have break upward in coming days. So, it's good to hold to these coins up for some time, seeing significant returns for future. Hopefully it can get all the steer from BTC as a good guidance, depending on it.

It's has been getting a little decline that even worse compared with ethereum chart. It looks not so good to hold this one consider it's still lack of update regarding all of the issues that have already happened in EOS.
That's my point about that

[nelson4lov]

At a $7.42 billion market cap, I think EOS price is right it should be. Forget the pump to $15. For now, EOS would continue hovering over $8 to $10 for a while. Until a major bull run that includes altcoins kicks off. And all those expecting EOS to do a mega 100% increase in value. That's not coming anytime soon. If BTC continues gaining dominance, Alts like EOS would lose value.

[King Bounty]

my prediction of EOS price will increase to $ 15 at the end of 2018.

[Yudhisthir]

I have sold of all my EOS just after the mainnet launch because I knew it was in one of its highest price and now waiting for it to decrease more before buying it. It would again will have a price rise when new tokens start being issued in the platform.

[sufiasyl]

Due to the recovery of price of Bitcoin, various positive impact already seen in the market. One of this is the rise of price of  EOS. EOS has climbed by 12% and seems like it will soon be breaking the$9 resistance level.  Let's see what happens.

[fransxavariustintin]

EOS is one of the very potential coins by 2018, I believe EOS will also be more developed by 2019, this year eos began to be a platform for ICO- ICO, I think the EOS price at the end of 2018 will reach $ 75- $ 100.

[Horas1976]

The movement of EOS is getting better and the community is growing, it shows EOS has a good future, it is worth developing. In this year EOS began to show its positive aura to add more community.

[haravura]

The current EOS price is over $ 4.50 That is growing very fast, and people are investing in EOS Crypto every day. price movements are so smooth and continuous especially from November 2017. According to analysts and earlier crypto coin notes, we can forecast that the EOS price will be more than $ 20 in 2018.

[Red-Apple]

EOS is one of these coins that has been getting pumped these days which is the main reason why it didn't drop as big as others while bitcoin was rising. in any case if you look at the charts of EOS for at least past 3 months you can clearly see that the pump has been at an end for a while now. the price has been on constant decline from $22+ to current $8 and it has not yet reached the bottom.

[WindowsRepuX]

Now-a-days bitcoin lead the crypto market but I think there always have some opportunity for others. And EOS now fluctuated between 7$ to 9$ but I hope in future it will be increase.

[Jamesdila1]

EOS has already reached good amount of marketcap. also its supply is 10X of ETH supply. so if ETH reach $5000 then at same marketcap the EOS price will be $500. so i think this year EOS will surely break $80

[Agaventy]

EOS experienced a great fall this year that many came to express EOS will be dead. As my opinion EOS was to rise. This news soothes my heart. This is a good news for EOS investors I will suggest to take actions in this condition, as per your knowledge and judgment. You may have a chance to chess the trump.

[Bere ice]

I think EOS is providing good features on this industries by its modern technology based system because of that price are rising. Although the total industries are rising day by day. Recent rising of EOS is also a good news for new investors who are trying to enter into this modern technology.

[enellf]

Thanks for sharing. I also think the price growth of btc are effected on other coin. That proves how much btc get popular day by day.

[cryptohopes]

From my point of view EOS is very strong position in this year. This coin price in increasing day by day. The price of this coin is 8.82 dollar and soon it will be above 9 dollar that I think.