Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => EOS Forum => Topic started by: CebuBitcoin on August 31, 2018, 07:22:23 AM
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Recent strong activity in the cryptomarkets which was led by Bitcoin recovery is finally starting to have effects on other major coins as well. EOS which was trading at $7.85 on Monday has climbed by 12% and looks set to break the $9 resistance level. It is currently trading at $8.82.
Unlike other crypto coins the price of EOS has moved in conjunction with BTC. We believe this could be a good sign as BTC is expected to make further gains and push for the $9,000 level.
In the medium term, EOS continues to fluctuate between $7 support and $9 resistance level. The increased downward pressure was sustained as price dropped below $7.8 in the demand area.
As per chart, the price is currently above 12 and 50 day EMAs. The stochastic oscillator is at 45 percent and the signals point upwards. This implies positive momentum for the cryptocurrency in the medium-term.
EOS clearly represents a significant strength when compared to most other cryptocurrencies in 2018. The coin is still well above the low levels we saw during the recent fall where it was trading at just over $6. It is also solidly above the asset-class-wide support pivot which was logged in mid-March.
For those who managed to get the coins during the lows in recent action, key resistance sits just above the $9 based on 50-day and 200-day simple moving averages. We will see strong resistance and sell-off pressure at $10 as it is a good, round number.
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eos prices for now indeed reach the highest 8 USD or even more, but I am sure, in 2020-2025 the eos price can reach 100 USD and it might beat Eth in the 2nd place, because eos is one of the potential coins that investors have glanced big investor.
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I think the cost of EOS could exceed $ 1000 in the future. I think that in the future it will exceed the ETH. EOS has a good number of their own blockchains. So these coins are a little more powerful. I think future investors will invest in EOS.
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EOS Price Surpasses $5.2
It is interesting to see how the EOS price is evolving over these past few hours. Although there does not appear to be much momentum to push the value much higher, its trading volume is increasing rapidly. Thanks to $625m in volume, the EOS price has surpassed $5.2 once again. This is an interesting trend, albeit it remains to be seen how long this will last.
With the EOS value noting this 2.23% increase, it is also the only top currency to note any real gains in the past few hours. It will be interesting to see if other coins follow this example prior to or during the weekend. If this trend remains in place, the EOS price will very well make its way to $5.5 over the next few days, albeit that will primarily depend on how the Bitcoin price evolves in the coming days.
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I think I would see 20 bucks during the first bull season. Eos has so much increased and flashed. They haven't exactly perfected their blockchain. Absolutely ethereum killer
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Currently, EOS (EOS) is trading at $5.89 USD with price 0.83% down at the time of writing. Its market capitalization is US$5,336,112,635 billion with a circulating supply of 906,245,118 EOS. CoinMarketCap (https://coinmarketcap.com/currencies/eos/historical-data/) historical data.
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I think I would see 20 bucks during the first bull season. Eos has so much increased and flashed. They haven't exactly perfected their blockchain. Absolutely ethereum killer
20 USD is a very great value for EOS but indeed in Cytocurrency there is nothing impossible.
Now EOS 5 USD and to reach 20 USD is needed the price increase is around 300%. AMAZING !!!
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Yes, it is absolutely true to what you say, and I strongly believe in the effect of rising bitcoin prices that affect other coins, and I also believe that eos will go for more than $ 9 in the future.