EOS Price Analysis: EOS dominated by the bears at $4.16, can it change the scenario?

Let us compare price of the coin since our period of analysis which is 25-July-19. EOS was rising upwards and reflecting a bullish trend as on the said date. It had reached as high as $4.71 at 13:00 UTC time on 25-July-19. For the next 2 days, the coin did fall several times however was still maintaining an upward trend.

There was a sharp fall on 27-July-19 which proved to be crucial for the coin as post that it has started to fall downwards. On the next day i.e. 28-July-19 again there was a major fall and prices reached all-time low of $3.89 at 22:45 UTC time. Since 28-July-19, the coin is moving at more or less the same pace. We anticipate that the bearish trend may continue for the coin for few more days’ post which there can be a turnaround.

EOS price comparison is as mentioned below:

Current Data of EOS

  • Ranking of EOS is maintained at number 8.
  • As per 05:00 UTC time today, market value of the coin was 3,850,573,600 USD.
  • The price of EOS is $4.16 as per 05:18 UTC time.
  • 24-hour volume figures are $1,574,650,063.
  • 925,318,538 EOS coins in circulation.
  • EOS offers a ROI of 304.35%.

EOS Price Comparison

If we compare the price of EOS since the highest value of $4.71 and today’s prices the coin is reflecting a bearish trend by 11%. We believe that EOS has the ability to bounce back and can reach $4.17 after about a week or so once it gains back its momentum. By the next month, it may be traded at around $4.26. EOS can reach all time high of $5.02 with more than 20% growth by the end of the year 2019.

As per the present movement, it is recommended to sell the coins today. You can also purchase new EOS coins and if you are able to retain the same for a minimum of 1 and more years, the returns offered by the coin would be great. The Chaikin Money Flow indicator also points that the present trend of the coin is a bearish one. EOS will definitely bounce back and change the present scenario in a couple of days as the coin has the required potential to shine again.


Jeffrey Beasley is an expert advisor and a content writer. He has also worked as a freelance content writer for a year. Jeffrey now works as a lead content writer for tronnews.co and guides his team for best output.