#EOSBNB
$EOS is the cryptocurrency developed by EOSIO, operating on open-source blockchain technology that supports the creation of decentralized applications. The coin is recognized as one of the leading tokens in the cryptocurrency world. Despite its main competitor, Ethereum, having a larger audience, experts emphasize that popularity does not guarantee high quality.
EOS stands out for its speed, scalability, and flexibility. Thanks to these features, the token has earned high recognition among crypto experts. Moreover, the EOS development team is actively addressing issues related to resource limitations in the network, transaction falsification, duplicate requests, spam applications, and other challenges. Let's consider what prospects await EOS and the cryptocurrency market in the future.
The goal of the article is to help you make an informed decision about investing in EOS and to create an investment plan for trading according to our forecast. By familiarizing yourself with the material on the history and prospects of EOS, you will have all the necessary information. Whether you want to include this cryptocurrency in your investment portfolio is up to you.
Key facts
EOS is a highly volatile asset, more often used for short-term trading than for long-term investments.
Experts expect that the value of EOS may significantly increase in the long term. However, growth will be limited due to high competition in the cryptocurrency market.
According to wave analysis, an increase in EOSUSD is expected over the next week in impulse (3). Purchases can be considered from the current level with a take-profit of 1.25.
The price of EOS today
As of today, December 7, 2024, the exchange rate of EOS is $1.3674.
Technical analysis of EOSUSD
The weekly timeframe shows the EOSUSD price history since 2017.
Two trends can be seen: an upward trend that has already completed and a downward corrective trend, which is currently still forming.
For technical analysis, two timeframes will be suitable - daily and four-hour. Additionally, we will use extra indicators:
Elliott waves can help determine patterns and forecast future price movement;
Trend lines show the prevailing direction of the price;
Fibonacci levels help identify potential reversal points;
Candlestick patterns are used to assess market behavior and psychology, as well as to determine potential targets.
Long-term trading plan for EOSUSD
Let's consider a trading plan for three months and until the end of the year.
In connection with the continuation of the downward wave, sales deals can be considered at current prices with a target at 0.28, where the completion of the sub-wave (X) is projected.
In early September, a bullish impulse movement is expected within wave A. Therefore, it is recommended to consider long positions with a target at 0.95.
In October, short positions can be considered with a take-profit at 0.70. A bearish correction B is expected to be formed.
In long-term trading, purchases from the current level can be considered with a take-profit at 1.37. At this point, it is assumed that the entire sideways wave [X] will be completed.
Experts on EOS: price forecast for EOS in 2025
Analysts have not reached a consensus on how much EOS will cost in 2025. Some experts claim the price of the cryptocurrency will rise. Others expect a continuous market decline. Still, others predict strong price fluctuations throughout the year. However, in one opinion, experts are united: EOSIO should not despair.
According to the price forecast for EOS in 2025 by DigitalCoinPrice, the rate will range between $1.12 and $1.35. The bad news is that throughout the year, the volatility of the asset will increase. Maximum price levels will rise from $1.29 to $1.35 at the peak, and by the end of the year, the price will settle at $1.34.
CryptoPredictions expect the EOSUSD rate to be volatile throughout the year. Maximum values will not exceed 0.879, while the annual minimum will range from $0.541 to $0.598.
CoinPriceForecast predicts that the average price of EOSUSD in mid-2025 will be $0.86. By the end of the year, it will drop to $0.80.
LongForecast provides a bullish price forecast for EOS based on an analysis of economic factors and market psychology. According to the portal's opinion, EOS could rise from $0.48 to $1.18, reaching a peak in December.
The EOS forecast from PandaForecast is bullish, although with some nuances. According to their data, in early 2025, the average price of EOSUSD will be around $0.330, and at the end, around $0.607. After a slight increase in February, a series of declines are expected in April and June, but starting in August, the price will rise.
The price forecast for EOS from DigitalCoinPrice is volatile. The average price throughout 2026 will range from $1.58 to $1.68.
Experts from CryptoPredictions forecast stable growth throughout 2026. It is noted that the average price will exceed the level of $0.735 in July and continue to rise, reaching $0.799 by the end of the year.
Experts from CoinPriceForecast give a similar forecast for EOS in 2026. The price is expected to closely approach the $1 mark.
PandaForecast expects a decline in EOSUSD quotes in 2026. The asset will make several attempts to correct upwards, but the overall trend will remain bearish.
To make more accurate predictions about cryptocurrency, it is important not only to analyze future events but also to consider EOS's previous price performance. The chart shows how the price of the coin has changed from its launch on July 2, 2017, to August 1, 2023.
The first technical specification for EOS was published in 2017. The open-source program was released on June 1, 2018. This was the most anticipated blockchain project in history. The initial coin offering (ICO) for EOS raised over $4 billion — a record amount at that time.
A significant decline in the price of EOS occurred in December 2018 - January 2019. After rising to over $8, the price of the coin dropped to $1.93 during that period. The decline in EOS user activity may be associated with the airdrop of EIDOS tokens, which severely slowed down network operations.
In June 2019, the price rose and reached $8.62. Since February 2019, the company Liquid Apps had been developing a second-level solution for EOS that would operate on DAPP tokens. The purpose of the development was to reduce the load on the system RAM of the EOS blockchain.
From July 2019 to January 2020, the EOS coin did not show significant achievements. There were minor upticks, but overall, the downward trend in EOS continued. In February 2020, EOS rose to $5.36. Although the token was unable to repeat its past success, its position was quite promising compared to six months prior. Moreover, in January 2020, the second version of the EOS.IO platform was launched.
A strong bearish trend began in May 2021. However, from February to April 2023, the price of EOS rose to 1.32 USD with a peak daily capitalization during that period of $332 million. The reason for the positive changes was the overall growth in the cryptocurrency market due to the increase in Bitcoin's price.
EOS is a platform for decentralized applications (DApps) competing with Ethereum, Cardano, and others. The price of EOS fluctuates depending on the overall trend in the cryptocurrency market, news about project development, and market capitalization. In 2021, the price of EOS peaked at $14 in May but then fell to $3 in June. In the second half of the year, the price recovered to $5 but fell again to $3 by the end of the year. In 2022, the EOS exchange rate continued to decline and traded around $2. At the beginning of 2023, the EOS cryptocurrency fell to $1, and in the second half even touched the $0.6 mark. EOS aims to implement decentralized finance (DeFi) solutions and support NFT protocols but faces strong competition from other platforms.
EOS in 2023-2024
From the perspective of wave theory, an average part of the global corrective trend was forming for EOS in 2023, which is now taking shape as a triple zigzag. It is assumed that the global correction will be completed in the spring of 2025.
EOS is currently one of the leading crypto projects aimed at solving the issues typical of most cryptocurrencies, including Bitcoin and Ethereum. These issues include a lack of flexibility, scalability, and speed, as well as high fees. The EOS cryptocurrency operates on its own smart contract platform for decentralized applications (dApps). The platform includes the EOS.IO blockchain protocol, specifically designed to overcome common processing, hardware data storage, and other aspects.
Developers Brendan Blumer and Dan Larimer presented the technical documentation in 2017, and the initial coin offering (ICO) for EOS began in June of that year. The ICO lasted for 12 months and raised $4.1 billion, which was a record at that time.
At the same time, EOS remains a controversial cryptocurrency compared to others. However, due to its innovative technology, it retains the potential for long-term growth. The EOS blockchain protocol has the potential to radically change the future of applications and computing resources if it can improve internal processes in various industries, as promised by developers. In this case, the long-term price of the coin could rise rapidly.
Is EOS a viable long-term investment?
According to expert analysis, EOS has the potential for long-term growth. Many analysts provide overly positive forecasts, while some are quite pessimistic. Nevertheless, growth is expected for EOS by the end of 2025.
If you are interested in a long-term investment, then EOS is a good choice. However, if you do not plan to invest for a long time, then start trading CFDs on EOS. All forecasts are very approximate and can change depending on news, political and economic events, and other factors. For trading, this is not as important as when investing, as you can earn from both rising and falling prices.
What future does EOS hold? Will EOS grow?
When investing in EOS, it is important to consider the significant risks of crypto assets. However, EOS continues to attract significant user attention due to its innovation. It is important to note that to date, there is no digital currency without drawbacks and negative reviews. EOS is one of the projects with enormous potential and a relatively low level of risk, as evidenced by high trading volumes.
In the past, the EOS exchange rate was highly volatile. Despite relative stability in recent years, there were instances of price drops of 93%. This led to significant losses for early investors. Some experts believe that EOS will grow and soon reach a new historical high.
Investing in EOS may seem like a reliable investment. However, analysts are divided on whether EOS will continue to rise uninterrupted or face obstacles. If you believe in the potential of EOS, trading may be a suitable option. Cryptocurrency quotes are generally cyclical; it is important to carefully track trend changes.
EOS has the potential to become a pioneer in some areas of the digital currency industry, but it all depends on further blockchain development. On the LiteFinance online platform, you can register a demo account and join the trading community to stay updated on the latest news in financial markets and expert forecasts.
EOS in Binance Coin
The exchange rate of EOS to BNB today is ₽139.37. Thus, the decrease was 0.54% in the last hour; over the last 24 hours, it increased by 0.43%. Recently, the price of EOS is rising, as EOS has grown relative to BNB by 199.28% over the last 30 days. Our converter updates in real-time and provides you with accurate data every time you use it for conversion.
