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EOS price prediction 2024-2030: Will EOS reach $100?

EOS price prediction 2024-2030: Will EOS reach $100?


Key takeaways

EOS is a fully decentralized network that supports the development, hosting, and execution of large-scale decentralized applications (dApps), offering significant advantages in scalability and user experience. The cryptocurrency entered the crypto market in 2017 and has experienced a significant journey, including a record-breaking $4 billion Initial Coin Offering (ICO). Despite its initial promise as an “Ethereum killer,” it has faced various challenges impacting its market performance and reputation.

Can EOS reach $10 soon? Let’s get into the EOS price prediction and technical analysis.

Overview

Cryptocurrency EOS
Token EOS
Price $0.4762
Market Cap $725,574,312
Trading Volume $47,411,094
Circulating Supply 1,518,963,909 EOS
All-time High $22.89   Apr 29, 2018
All-time Low $0.4802   Oct 23, 2017
24-hour High $0.4787
24-hour Low $0.4661

EOS price prediction: Technical analysis

Metric Value
Price Prediction $ 0.7644
Volatility 5.07%
50-Day SMA $ 0.503136
14-Day RSI 37.09
Sentiment Bearish
Fear & Greed Index 41 (Fear)
Green Days 19/30 (63%)
200-Day SMA $ 0.681644

EOS price analysis: Cryptocurrency devalues to $0.4762 amidst decline

TL;DR Breakdown:

On October 5, 2024, EOS price analysis confirmed a decreasing trend for the cryptocurrency. Coin value has deteriorated to $0.476 in the past 24-hours. However, overall, EOS coin has gained up to 1.08% of value during the day. Despite the hike in the earlier hours, currently the bears have taken over the market once again. 

EOS 1-day price chart analysis: Downturn results in a loss below $0.476

The 1-day price chart of EOS coin revealed a declining trend for the currency. Coin value has dropped down to $0.476 during the day. However, considering the earlier hike, the overall market sentiment remains on the positive end. As the volatility is expanding rapidly, a reversal in the market events is possible soon.

The distance between the Bollinger bands determines market volatility. As this distance is currently increasing, this indicates a rising volatility. Moreover, the upper limit of the Bollinger bands indicator, acting as the resistance band, has shifted to $0.5596. Whereas, the lower limit of the Bollinger bands indicator, serving as support, has moved to $0.4526.

EOS/USD 1-day price chart, Source: TradingView

The Relative Strength Index (RSI) indicator is present within the neutral area. Currently at 41.26 and still moving downward, this signifies a bearish market. The downward movement of the RSI indicator confirms that the selling activities are now reigning over the buying activities. However, the overall market scenario remains in favor of the bulls.

EOS /USD 4-hour price chart: Coin value upgrades to $0.476 amidst revival

The four-hour price analysis of EOS coin confirmed an increasing trend for the currency. Coin value has increased up to $0.476 in the last four hours. Green candlesticks on the four-hour price chart mark a bullish supremacy for now. The cryptocurrency value has climbed above its moving average value.

The Bollinger bands are converging, leading to a decline in volatility. This decline refers to lower market unpredictability for the upcoming hours. Moving ahead, the upper Bollinger band is at $0.4824, securing the resistance threshold. Conversely, the lower Bollinger band is at $0.4593, indicating the support.

EOS/USD 4-hour price chart, Source: TradingView

The RSI indicator is situated within the neutral region. The indicator’s value has increased up to 44.24 during the day. The ascending curve on the RSI graph signifies a rising buying pressure. This increasing movement confirms that the market has entered a period of stability. If the bullish momentum continues to accelerate, further upturn in coin value is possible soon.

EOS technical indicators: Levels and action

Daily simple moving average (SMA)

Period Value Action
SMA 3 $ 0.474341 SELL
SMA 5 $ 0.493375 SELL
SMA 10 $ 0.512281 SELL
SMA 21 $ 0.515148 SELL
SMA 50 $ 0.503136 SELL
SMA 100 $ 0.526699 SELL
SMA 200 $ 0.681644 SELL

Daily exponential moving average (EMA) 

Period Value Action
EMA 3 $ 0.504821 SELL
EMA 5 $ 0.501784 SELL
EMA 10 $ 0.498798 SELL
EMA 21 $ 0.503343 SELL
EMA 50 $ 0.536179 SELL
EMA 100 $ 0.602466 SELL
EMA 200 $ 0.678768 SELL

What to expect from EOS price analysis

EOS price analysis for the day gives out a highly bearish prediction regarding the ongoing market events. Coin value has depreciated to $0.476 low in the past 24-hours. The bearish momentum has been growing over the past few hours. Conversely, the market sentiment stands positive. The currency has gained up to 1.08% of value if observed throughout the day. Technical indicators as well as the price charts continue to support the bears today.

Is EOS a good investment?

EOS has seen fewer green days in the last month. The coin’s price has decreased by 25% over the last year and 85% over the last three years. However, the circumstances can change, and a turn in the upper direction cannot be ruled out. A bullish rally may be expected in the latter part of this year (2024), potentially pushing the AMP above $0.764.

Why is EOS down?

EOS is in descent with bearish pressure affecting on its price action. The coin has decreased down to $0.476 in the past 24 hours, and bears have made all efforts. EOS will decrease further if sufficient resistance from the sellers is experienced.

Will EOS Recover?

EOS is currently trading in its lower historical price envelope. The coin enjoyed some bullish action from late October 2023 until March 2024, but that did not match the price levels it had previously seen. Considering the current situation, the coin’s price will remain low.

Will EOS reach $1?

EOS’s immediate resistance level is at $0.59. In July, EOS is sweating to break this level. Suppose the broader cryptocurrency market moves in a bullish direction. In that case, EOS may also follow the trend and is expected to reach the $1 level by the end of 2025 if everything remains favorable.

Will EOS reach $5?

EOS was last seen above the $5 level in November 2021. Since then, the EOS value has plummeted significantly; 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 may not achieve the $10 level in the next five years. It will take considerable time and significant growth in the coin’s market cap to reach $10, possibly by 2032.

Does EOS have a good long-term Future?

According to The Motley Fool, a private financial and investing advice company based in Virginia, EOS is a “very risky choice.” The publication says EOS’s future is uncertain given the scandals and problems surrounding the EOS Foundation and Block—one blockchain company. However, the market speculates that EOS will reach above $6 by 2030, but the speculations can change at any time. 

EOS recent news/opinion

EOS price prediction October 2024

EOS price prediction for October 2024 is a minimum value of $0.452 and an average price of $0.506. The price could reach a maximum of $0.559 during the month.

EOS price prediction Potential low  Average price  Potential high 
EOS price prediction October 2024 $0.452 $0.506 $0.559

EOS price prediction 2024

EOS price prediction for 2024 anticipates a minimum value of $0.5012 and an average price of $0.5197. The price could reach a maximum of $0.5433 during the year.

EOS price prediction Potential low  Average price  Potential high 
EOS price prediction 2024 $0.5012 $0.5197 $0.5433

EOS price prediction 2025-2030

Year Minimum Average Maximum
2025 $0.7074 $0.7334 $0.8716
2026 $1.02 $1.06 $1.24
2027 $1.54 $1.58 $1.78
2028 $2.17 $2.25 $2.64
2029 $3.34 $3.43 $3.76
2030 $4.76 $4.94 $5.75

EOS price prediction 2025

The price of EOS is predicted to reach a minimum level of $0.7074 in 2025. EOS can reach a maximum level of $0.8716 and an average price of $0.7334.

EOS price prediction 2026

EOS forecast for 2026 projects a minimum price target of $1.02, a maximum price of $1.24 and an average forecast price of $1.06.

EOS price forecast 2027

In 2027, the price of EOS is forecasted to be around a minimum value of $1.54. EOS’s price can reach a maximum of $1.78 and an average trading value of $1.58.

EOS price prediction 2028

The average price of EOS is expected to reach a minimum level of $2.17 in 2028. The EOS price can reach a maximum level of $2.64 and an average price of $2.25.

EOS coin price prediction 2029

In 2029, the price of EOS is expected to reach a minimum price of $3.34. The EOS token can reach a maximum price of $3.76 and an average price of $3.43.

EOS price prediction 2030

EOS could reach a maximum price of $5.75 in 2030. Traders can expect a minimum price of $4.76 and an average forecast price of $4.94.

EOS market price prediction: Analysts’ OP price forecast

Firm 2024 2025
Gov.Capital $0.82 $1.91
DigitCoinPrice $1.81 $2.09
Coindex $0.7926 $1.5906

Cryptopolitan’s EOS price prediction

Cryptopolitan’s EOS prediction for the remainder of 2024 projects a minimum price of $0.5012 and an average price of $0.5197. We expect EOS to reach a maximum price of $0.5433 during the year.

EOS historic price sentiment






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