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

Key takeaways

  • In 2024, EOS could reach a maximum price of $0.7644 and an average price of $0.6829.
  • By 2027, the EOS price value can reach a maximum of $2.29.
  • The EOS price in 2030 could reach a maximum possible level of $6.86 and an average forecast price of $6.06.

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

CryptocurrencyEOS
TokenEOS
Price$0.5758
Market Cap$864,868,483
Trading Volume$89,456,788
Circulating Supply1,503,572,325 
All-time High$22.89   Apr 29, 2018
All-time Low$0.4802   Oct 23, 2017
24 High$0.5954
24 Low$0.5672

EOS price prediction: Technical analysis

MetricValue
Price Prediction$ 0.7644
Volatility13.10%
50-Day SMA$ 0.720754
14-Day RSI37.55
SentimentBearish
Fear & Greed Index50 (Neutral)
Green Days13/30 (43%)
200-Day SMA$ 0.824531

EOS price analysis: Bearish turn leads to a devaluation below $0.5758

TL;DR Breakdown

  • EOS price analysis confirms a downtrend.
  • The coin value has dropped to $0.5758.
  • Strong support is being provided at $0.4698.

The recent EOS price prediction for July 23, 2024, indicates a highly bearish scenario for the cryptocurrency. Although the past few weeks proved favorable towards bullish progression, today the bears remained in the lead. Overall, the coin value has dropped to $0.5758 as a result of the decreasing trend today.

EOS 1-day price chart: Coin value deteriorates to $0.5758 amidst a bearish upset

The bears have secured a substantial victory during the day, as a downturn in price has been recorded. In the past few weeks, the bulls achieved a significant recovery as buying activity remained high. However, in the past 24 hours, the cryptocurrency has devalued to $0.5758 because of the receding momentum. On the other side, the moving average (MA) indicator confirms a considerable rise in its value. It is present at $0.5968 because of the persistent upswing in the previous weeks.

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

The volatility is expanding, which means that the coming trends may shift on a massive scale. Whereas, the upper end of the Bollinger bands indicator has shifted above $0.6407 because of the increasing volatility. The lower extreme of the Bollinger bands indicator is present at $0.4698, thereby confirming the strong support. The Relative Strength Index (RSI) indicator confirms the latest changes in the market scenario. Its value has been reduced to index 48.19 because of the bearish swing during the day.

EOS /USD 4-hour price chart: Bearish slide aggravates as the EOS crumbles to $0.5758

The hourly price analysis for the cryptocurrency is suggestive of an intense downside. The market retained its bearish sentiment as a strong decline in the coin value was recorded. In the past four hours, the cryptocurrency has devalued to $0.5758 because of the declining price movement. Side by side, the moving average indicator dictates a steep bearish curve on the four-hour price chart. The indicator’s curve has stepped down to $0.5873 because of the downside since the early part of the day.

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

The volatility is on the increasing end, which suggests that the current trends may remain uncertain in the next few hours. Whereas, the upper limit of the Bollinger bands indicator shows its value at $0.6213, thereby marking strong resistance. The lower limit of the Bollinger bands indicator is situated at $0.5749, indicating stable support. The RSI graph displays a bearish slope because of the downward slide today. Its value has deteriorated to index 39.71, which is still a stable figure.

EOS technical indicators: Levels and action

Daily simple moving average (SMA)

PeriodValueAction
SMA 3$ 0.58015SELL
SMA 5$ 0.573128SELL
SMA 10$ 0.575756SELL
SMA 21$ 0.60721SELL
SMA 50$ 0.720754SELL
SMA 100$ 0.80926SELL
SMA 200$ 0.824531SELL

Daily exponential moving average (EMA) 

PeriodValueAction
EMA 3$ 0.582002SELL
EMA 5$ 0.580012SELL
EMA 10$ 0.587422SELL
EMA 21$ 0.62628SELL
EMA 50$ 0.705044SELL
EMA 100$ 0.767252SELL
EMA 200$ 0.793693SELL

What to expect from EOS price analysis

The latest EOS price analysis presents a bearish prediction for the cryptocurrency. In the past 24 hours, the coin value has sunk to $0.5758 because of the intense downside. Moreover, the four-hour price analysis confirms a declining price movement for the cryptocurrency as well.

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 decline, with bearish pressure weighing on its price action. The coin has been reduced to $0.5758 in the past 24-hours, and bears have made all efforts. EOS will decline further if sufficient support from the buyers is rejected.

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

  • The EOS Network Foundation announced its EOS staking plan will start on July 8, 2024. The first batch of 250 million EOS is expected to enter the staking pool on the same date.
  • The EOS Network has allocated 5 million $EOS to Greymass from the new Middleware bucket, recognizing their pioneering work since the network’s inception.

EOS price prediction July 2024

EOS price prediction for July 2024 is a minimum value of $0.51 and an average price of $0.60. The price could reach a maximum of $0.69 during the month.

EOS price predictionPotential low Average price Potential high 
EOS price prediction July 2024$0.51$0.60$0.69

EOS price prediction 2024

EOS price prediction for 2024 anticipates a minimum value of $0.6598 and an average price of $0.6829. The price could reach a maximum of $0.7644 during the year.

EOS price predictionPotential low Average price Potential high 
EOS price prediction 2024$0.6598$0.6829$0.7644

EOS price prediction 2025-2030

YearMinimumAverageMaximum
2025$0.9086$0.9360$1.14
2026$1.30$1.35$1.58
2027$1.99$2.05$2.29
2028$2.77$2.87$3.42
2029$3.98$4.09$4.95
2030$5.90$6.06$6.86

EOS price prediction 2025

The price of EOS is predicted to reach a minimum level of $0.9086in 2025. EOS can reach a maximum level of $ 1.14 and an average price of $0.9360.

EOS price prediction 2026

EOS forecast for 2026 projects a minimum price target of $1.30, a maximum price of $1.58 and an average forecast price of $1.35.

EOS price forecast 2027

In 2027, the price of EOS is forecasted to be around a minimum value of $1.99. EOS’s price can reach a maximum of $2.29 and an average trading value of $2.05.

EOS price prediction 2028

The average price of EOS is expected to reach a minimum level of $2.77 in 2028. The EOS price can reach a maximum level of $3.42 and an average price of $2.87.

EOS coin price prediction 2029

In 2029, the price of EOS is expected to reach a minimum price of $3.98. The EOS token can reach a maximum price of $4.95 and an average price of $4.09.

EOS price prediction 2030

EOS could reach a maximum price of $6.86 in 2030. Traders can expect a minimum price of $5.90 and an average forecast price of $6.06.

EOS market price prediction: Analysts’ OP price forecast

Firm20242025
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 $0.6598 and an average price of $0.6829. We expect EOS to reach a maximum price of $0.7644 during the year.

EOS historic price sentiment

  • In 2018, the EOS ICO made history by raising a staggering $4 billion, the largest initial coin offering ever.
  • After this success, EOS’s cryptocurrency quickly climbed into the top 5 by market cap.
  • However, by late 2021, the price of the EOS token had fallen from $10 in June 2018 to $4.40 due to a declining user base.
  • In 2022, EOS experienced significant price swings. It peaked at around $3.27 and dropped to a low of about $0.81. On average, EOS traded at approximately $1.59.
  • In 2023, EOS saw even lower prices, reaching a maximum price of $1.33. The token dipped to as low as $0.53 between August and September. On average, EOS traded at roughly $0.84 and closed the year at $0.8450.
  • In Q1 2024, EOS’s price fluctuated between $0.65 and $1.30, with the lowest prices in January. By February and March, prices began to stabilize, averaging around $1.02​.
  • EOS reached $1.15 on April 12, 2024, but soon declined below $1, maintaining an average price of about $0.8 throughout May.
  • At the time of writing, July 3, 2024, the current EOS price is trading within the $0.5600 – $0.5800 range.


FAQs

What is Block.one?

Block.one is a private company registered in the Cayman Islands that develops the EOSIO platform that runs EOS tokens. Established in 2017 by Brendan Blumer, the CEO, and Daniel Larimer (CTO), it will be one of the largest companies in the cryptocurrency ecosystem. Trouble started when the EOS Network Foundation (ENF), the ‘rebels’, claimed Block.one was no longer acting in the network’s best interests.

Where can you buy EOS?

Since EOS is one of the best-known cryptocurrencies today, trading of the coin is available on most of the largest crypto exchanges such as Coinbase, Binance, and Huobi. EOS might not be available on smaller exchanges or ones that are more strictly regulated.

How do I store EOS?

As with popular cryptocurrencies, EOS can be stored on popular hardware wallets such as Ledger Nano S and Trezor. Several options are also available for software/desktop wallets, such as Jaxx, Exodus, Atomic wallet, and Infinito

How do I mine EOS?

EOS uses Delegated Proof of Stake (DPoS) consensus mechanism, which requires no mining. Therefore, if you want to help maintain the blockchain, you have to stake your EOS tokens. From there, you select the network validators by using your staked coin votes and get rewarded in proportion to your staked coins.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

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