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.
Cryptocurrency | EOS |
Token | EOS |
Price | $0.5339 |
Market Cap | $809,374,669 |
Trading Volume | $43,082,248 |
Circulating Supply | 1,516,882,107 EOS |
All-time High | $22.89 Apr 29, 2018 |
All-time Low | $0.4802 Oct 23, 2017 |
24-hour High | $0.5385 |
24-hour Low | $0.5276 |
Metric | Value |
Price Prediction | $ 0.7644 |
Volatility | 4.84% |
50-Day SMA | $ 0.524357 |
14-Day RSI | 41.43 |
Sentiment | Bearish |
Fear & Greed Index | 29 (Fear) |
Green Days | 17/30 (57%) |
200-Day SMA | $ 0.726825 |
TL;DR Breakdown
EOS price analysis for 29 September 2024 revealed a downward trend for the cryptocurrency. Coin value has dropped down to $0.5339 in the past 24-hours. Side by side, the cryptocurrency has devalued up to 0.52% amidst the growing downside. The past few weeks proved in favor of the bullish progression, however; today the bears succeeded in securing a comeback.
The one-day price chart of EOS coin confirmed a decreasing trend for the currency. Coin value has dropped down to $0.5339 during the day. Moreover, if we talk about the overall market sentiment, then it remained on the bearish end as well. As the volatility is on the increasing side, there is a recurring chance of reversal in the market events.
The area between the Bollinger bands defines market volatility. As this area is expanding, this indicates a rising volatility. Moving on, the upper limit of the Bollinger bands indicator, acting as the resistance band, has shifted to $0.5519 high. Conversely, the lower limit of the Bollinger bands indicator, serving as the support, has moved to a $0.469 low.
The Relative Strength Index (RSI) indicator is present within the neutral region. Currently at 59.96 and still moving downwards, this signifies bearish control. The descending curve on the RSI graph confirms a downward trend and a rising selling pressure. If the price continues to deteriorate, further instability within the market can be expected.
The four-hour price analysis of EOS coin revealed an increasing trend for the cryptocurrency. Coin value has increased up to $0.5339 high in the past four hours. Green candlesticks on the four-hour price chart mark a rising buying pressure. However, considering the earlier decline, the coin value still lies below the moving average level.
The distance between the Bollinger bands remained unchanged, leading to constant volatility. This constant volatility refers to lower market unpredictability. Moreover, the upper limit of the Bollinger bands indicator has shifted to $0.547 high, securing the resistance. Whereas, the lower limit of the Bollinger bands indicator has moved to $0.529 low, indicating the available support.
The RSI indicator is hovering within the neutral region around 49.83. This increasing movement confirms an upward trend for the cryptocurrency. The bulls secured a comeback in the past four hours, leading to a sufficient boost within the RSI value. The ascending curve on the RSI graph refers to a rising buying activity and a balanced trading environment.
Period | Value | Action |
SMA 3 | $ 0.469577 | SELL |
SMA 5 | $ 0.470934 | SELL |
SMA 10 | $ 0.480791 | SELL |
SMA 21 | $ 0.506508 | SELL |
SMA 50 | $ 0.524357 | SELL |
SMA 100 | $ 0.581488 | SELL |
SMA 200 | $ 0.726825 | SELL |
Period | Value | Action |
EMA 3 | $ 0.494381 | SELL |
EMA 5 | $ 0.495611 | SELL |
EMA 10 | $ 0.495802 | SELL |
EMA 21 | $ 0.503956 | SELL |
EMA 50 | $ 0.540536 | SELL |
EMA 100 | $ 0.608554 | SELL |
EMA 200 | $ 0.684017 | SELL |
EOS price analysis for the day gives out a bearish prediction regarding the ongoing price movements. Coin value has descended to $0.5339 in the past 24-hours. In addition, the cryptocurrency has lost up to 0.52% of its value throughout the day. The red candlesticks on the one-day price chart mark a descending trend for the cryptocurrency. Technical indicators give out a bullish verdict; conversely, the price charts confirm a bearish signal.
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.
EOS is in descent with bearish pressure affecting on its price action. The coin has decreased down to $0.5339 in the past 24 hours, and bears have made all efforts. EOS will decrease further if sufficient resistance from the sellers is experienced.
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.
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.
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.
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.
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 price prediction for September2024 is a minimum value of $0.4386 and an average price of $0.4971. The price could reach a maximum of $0.5557 during the month.
EOS price prediction | Potential low | Average price | Potential high |
EOS price prediction September 2024 | $0.4386 | $0.4971 | $0.5557 |
EOS price prediction for 2024 anticipates a minimum value of $0.5008 and an average price of $0.5239. The price could reach a maximum of $0.5628 during the year.
EOS price prediction | Potential low | Average price | Potential high |
EOS price prediction 2024 | $0.5008 | $0.5239 | $0.5628 |
Year | Minimum | Average | Maximum |
2025 | $0.7575 | $0.7837 | $0.8856 |
2026 | $1.11 | $1.15 | $1.33 |
2027 | $1.53 | $1.59 | $1.90 |
2028 | $2.27 | $2.33 | $2.70 |
2029 | $3.40 | $3.49 | $4.01 |
2030 | $4.89 | $5.02 | $5.99 |
The price of EOS is predicted to reach a minimum level of $0.7575 in 2025. EOS can reach a maximum level of $0.8856 and an average price of $0.7837.
EOS forecast for 2026 projects a minimum price target of $1.11, a maximum price of $1.33 and an average forecast price of $1.15.
In 2027, the price of EOS is forecasted to be around a minimum value of $1.53. EOS’s price can reach a maximum of $1.90 and an average trading value of $1.59.
The average price of EOS is expected to reach a minimum level of $2.27 in 2028. The EOS price can reach a maximum level of $2.70 and an average price of $2.33.
In 2029, the price of EOS is expected to reach a minimum price of $3.40. The EOS token can reach a maximum price of $4.01 and an average price of $3.49.
EOS could reach a maximum price of $5.99 in 2030. Traders can expect a minimum price of $4.89 and an average forecast price of $5.02.
Firm | 2024 | 2025 |
Gov.Capital | $0.82 | $1.91 |
DigitCoinPrice | $1.81 | $2.09 |
Coindex | $0.7926 | $1.5906 |
Cryptopolitan’s EOS prediction for the remainder of 2024 projects a minimum price of $0.5807 and an average price of $0.6066. We expect EOS to reach a maximum price of $0.6617 during the year.