Key Takeaways
In 2024, the maximum price of EOS may reach $0.5562, and the average price may reach $0.5271.
By 2027, EOS price could be worth up to $1.80.
In 2030, the EOS price could reach a maximum of $5.36, with the average predicted price being $4.72.
EOS is a fully decentralized network that enables the development, hosting, and execution of large-scale decentralized applications (dApps) with significant advantages in scalability and user experience. The cryptocurrency entered the crypto market in 2017 and has had a significant journey, including a record-breaking $4 billion initial coin offering (ICO). Although it was initially hailed as the “Ethereum killer,” it faced various challenges that affected its market performance and reputation.
Can EOS reach $10 soon? Let’s dive into EOS price prediction and technical analysis.
Overview
Cryptocurrency EOS Token EOS Price $0.548 Market Cap $843.88 Million Trading Volume $448.51 Million Circulating Supply 1.53 Billion EOS Historical High $22.89 on April 29, 2018 Historical Low $0.4802 on October 23, 2017 24-hour High $0.6061 24-hour Low $0.5507
EOS Price Prediction: Technical Analysis
Metric Value Price Prediction 0.44841 USD Volatility 3.40% 50 Day SMA $ 0.485798 14 Day RSI 34.08 Sentiment Bearish Fear & Greed Index 69 (Greed) Green Times 13/30 (43%) 200 Day SMA $ 0.613003
EOS Price Analysis: EOS depreciates to $0.548 on the downside
TL;DR breakdown:
EOS price analysis confirms a downtrend towards $0.548.
The cryptocurrency has lost up to 5.60% of its value on the day.
EOS price is looking for support around $0.541.
EOS price analysis on November 11, 2024 confirms the cryptocurrency’s downward market trend. In the past 24 hours, the coin’s value has depreciated to a low of $0.548. Meanwhile, the cryptocurrency has seen a massive 5.60% drop in its value today. Despite yesterday’s massive gains, today’s market trend remains very bearish.
EOS 1-Day Price Chart Analysis
The one-day price chart of EOS coin shows that the market trend of the currency is in a downtrend. In the past 24 hours, the cryptocurrency value has dropped to $0.548. Moreover, the overall market sentiment remains highly bearish, in line with the downward trend. Since volatility is increasing rapidly, the possibility of a reversal is high.
The distance between the Bollinger Bands determines the volatility of the market. As this area has expanded significantly, it shows that market volatility is rising. Moreover, the upper Bollinger Band, which acts as a support band, has moved to $541. While the lower Bollinger Band, which acts as another support, has moved to the $0.382 end.
EOS/USD 1-day price chart. Source: TradingView
The Relative Strength Index (RSI) indicator has deteriorated to 65.64 amid the growing bearish pressure. Bears have been in the lead over the past 24 hours. This has led to a sharp decline in the indicator values. The falling curve on the RSI chart reflects the downward momentum. If the selling activity continues to accelerate, the RSI value can be expected to enter the neutral zone.
EOS/USD 4-hour price chart
A four-hour price analysis of the EOS coin confirms a severely bearish scenario for the current market trend. The EOS/USD value has dropped to a low of $0.548 amid growing bearish forces. The red candle on the four-hour price chart marks the bearish momentum for the day.
As the Bollinger Bands expand, volatility is also increasing. This means that market unpredictability will be higher in the coming hours. Looking ahead, the upper Bollinger Band has now moved to $0.614, identifying a resistance point. Conversely, the lower Bollinger Band has moved to a low of $0.419, indicating the presence of support.
EOS/USD 4-hour price chart. Source: TradingView
The RSI indicator is currently approaching the overbought limit. Its value has dropped to 61.37 in the past four hours. The steep bearish slope on the indicator chart reflects the negative market sentiment. The bears have been on the winning side since the early part of the day, resulting in a sharp decline. This downward trend indicates that the market is quite volatile.
EOS Technical Indicators: Levels and Actions
Daily Simple Moving Average (SMA)
Period Value Action SMA 3$ 0.450564Sell SMA 5$ 0.453645Sell SMA 10$ 0.450138Sell SMA 21$ 0.475004Sell SMA 50$ 0.485798Sell SMA 100$ 0.494469Sell SMA 200$ 0.613003Sell
Daily Exponential Moving Average (EMA)
Period Value Action EMA 3$ 0.467747 Sell EMA 5$ 0.472431 Sell EMA 100$ 0.476289 Sell EMA 21$ 0.482198 Sell EMA 50$ 0.493549 Sell EMA 100$ 0.527322 Sell EMA 200$ 0.598692 Sell
What to expect from EOS price analysis
EOS price analysis for the day gives a highly pessimistic prediction for the ongoing market events. In the past 24 hours, the coin value has dropped to $0.5486. At the same time, the cryptocurrency has seen a massive drop of 5.60% in value. This has created an adverse effect for investors as the cryptocurrency is rapidly losing value. Technical indicators give a bullish verdict on the ongoing market events. However, the price chart continues to show a bearish outlook for today’s price action.
Is EOS a good investment?
EOS has seen fewer up days in the past month. The coin’s price is down 25% over the past year and 85% over the past three years. However, the situation could change and an upward turn cannot be ruled out. A bullish rally could occur in the second half of the year (2024) that could push AMP above $0.764.
Why is EOS falling?
EOS is falling and bearish pressure is affecting its price action. The coin has dropped to $0.548 in the past 24 hours and bears have done everything they can. If there is enough resistance from sellers, EOS will fall further.
Will EOS recover?
EOS is currently trading at the lower end of its historical price range. From late October 2023 to March 2024, the coin experienced some bullish moves, but they were not in line with previous price levels. Considering the current situation, the price of the coin will remain low.
Will EOS reach $1?
The immediate resistance level for EOS is $0.59. In July, EOS was struggling to break above this level. Assume that the broader cryptocurrency market moves in a bullish direction. In this case, EOS may also follow this trend and if all goes well, it is expected to reach the $1 level by the end of 2025.
Will EOS reach $5?
The last time EOS surpassed the $5 level was in November 2021. Since then, EOS has dropped significantly in value; however, the coin is expected to surpass $5 again by the end of 2029.
Will EOS reach $10?
According to Cryptopolitan’s price prediction, EOS might not reach the $10 level in the next five years. To reach $10, it will take quite some time and the coin’s market cap will need to grow significantly, perhaps until 2032.
What is the long-term outlook for EOS?
Motley Fool, a Virginia-based private financial and investment advisory firm, said EOS is a “very risky choice.” The publication said that given the scandals and problems surrounding the EOS Foundation and blockchain company Block, the future of EOS is uncertain. However, the market speculates that EOS will reach over $6 by 2030, but this speculation could change at any time.
The milestone was achieved with the help of key contributors from across the ecosystem and engineering team, the network said in a post on X Platform.
EOS Price Prediction November 2024
The lowest EOS price forecast for November 2024 is $0.337 and the average price is $0.464. The highest price that month could reach $0.512.
EOS Price Prediction Potential Low Average Price Potential High November 2024 EOS Price Prediction $0.337 $0.464 $0.512
EOS Price Prediction 2024
The lowest EOS price forecast for 2024 is $0.5035 and the average price is $0.5271. The price may reach a maximum of $0.5562 within the year.
EOS Price Prediction Potential Low Average Price Potential High EOS Price Prediction for 2024 $0.5035 $0.5271 $0.5562
EOS Price Prediction 2025-2030
Annual minimum limit Average maximum limit 2025 $0.7155 $0.7366 $0.8927 $2026 $1.03 $1.07 $1.22 $2027 $1.51 $1.56 $1.80 $2028 $2.18 $2.24 $2.61 $2029 $3.14 $3.25 $3.73 $2030 $4.56 $4.72 $5.36 $
EOS Price Prediction 2025
The EOS price is expected to reach a minimum level of $0.7155 in 2025. The maximum price of EOS can reach $0.8927, with an average price of $0.7366.
EOS Price Prediction 2026
EOS’s forecast for 2026 shows a minimum target price of $1.03, a maximum target price of $1.22, and an average predicted price of $1.07.
EOS Price Prediction 2027
In 2027, the price of EOS is expected to be as low as $1.51. The price of EOS can reach as high as $1.80, with an average transaction value of $1.56, which is much higher than the current EOS price.
EOS Price Prediction 2028
It is expected that the average price of EOS in 2028 will be as low as $2.18 and as high as $2.61, with an average transaction price of $2.24.
EOS Token Price Prediction 2029
In 2029, the price of EOS is expected to reach a minimum of $3.14, and the EOS token will reach a maximum of $3.73, with an average price of $3.25.
EOS Price Prediction 2030
The maximum price of EOS could reach $5.36 in 2030. Traders can expect a minimum price of $4.56, with the average predicted price being $4.72.
EOS Market Price Prediction: OP Price Predictions by Analysts
Company 2024 2025 Government Capital 0.82 USD 1.91 USD DigitCoin Price 1.81 USD 2.09 USD Total Index 0.7926 USD 1.5906 USD
EOS Price Prediction by Cryptopolitan
Cryptopolitan’s EOS forecast for the rest of 2024 shows a minimum price of $0.5035 and an average price of $0.5271. We expect EOS to reach a maximum price of $0.5562 during the year.
EOS Historical Price Sentiment
In 2018, the EOS ICO made history, raising a staggering $4 billion, the largest initial coin offering ever.
Following this success, the EOS cryptocurrency quickly climbed into the top five by market cap.
However, by the end of 2021, the price of EOS tokens had fallen from $10 in June 2018 to $4.40 due to a decline in the user base.
In 2022, the price of EOS fluctuated greatly. Its highest price was about $3.27 and its lowest price was about $0.81. On average, EOS traded at about $1.59.
In 2023, the price of EOS fell further, reaching a peak price of $1.33. Due to the decrease in EOS token purchases, the token fell to a low of $0.53 between August and September. On average, EOS traded at around $0.84 and closed the year at $0.8450.
In the first quarter of 2024, the price of EOS fluctuated between $0.65 and $1.30, with the lowest price in January. In February and March, the price began to stabilize, averaging around $1.02.
EOS reached $1.15 on April 12, 2024, but soon fell below $1, maintaining an average price of around $0.8 throughout May.
In June, EOS fell from $0.8142 to $0.5772, and in July it fell further, with the token’s value dropping to $0.4808.
However, by mid-July 2024, EOS recovered to $0.6100, and on August 23, EOS closed at $0.5566.
In September 2024, EOS fell further to around $0.4600, while October also showed the same pattern with prices mostly trending around $0.450.
In November 2024, EOS showed further signs of decline, with the price trending around $0.415.
