Loading...

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

Key takeaways

  • The EOS price could reach a maximum possible level of $1.13 with the average forecast price of $1.04.
  • By 2027, the EOS price value can reach a maximum of $3.61
  • The EOS price in the year 2027, could reach a maximum possible level of $11.73 with the average forecast price of $9.74.

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$0.6561
Market Cap$779,156,166
Trading Volume$217,954,708
Circulating Supply1,127,540,931
All-time High$22.89   Apr 29, 2018
All-time Low$0.4802   Oct 23, 2017
24 High$0.6836
24 Low$0.6355

EOS price prediction: Technical analysis

MetricValue
Price Prediction$0.655337  (0.39%)
Volatility7.03%
50-Day SMA$0.791218
14-Day RSI27.54
SentimentBearish
Fear & Greed Index74 (Greed)
Green Days13/30 (43%)
200-Day SMA$0.832969

EOS price analysis: EOS shows a negative picture around $0.6561 as selling pressure build

TL: DR Breakdown

  • EOS price analysis shows a bearish market
  • EOS faces rejection at the $0.6836 level
  • Support for Cryptocurrency is seen at $0.6355

The price trend of EOS over the observed period (June 15) shows a predominantly bearish movement. Initially, the price is stable around $0.6809, but it then experiences a sharp decline, dropping significantly to below $0.6561 down by 4.28%. This decline indicates a strong bearish sentiment. After reaching this low, the price shows some recovery throughout the rest of the day, fluctuating and attempting to stabilize, but it remains below the initial level, closing at $0.6561. Overall, the trend indicates a bearish market sentiment for EOS, despite some attempts at recovery later in the period.

EOS price analysis 1-day chart: EOS encounters fierce opposition at $0.6561

The 1-day price chart for EOS shows a consistent bearish trend over the observed period. The price has steadily declined from levels above $1.000 to current levels around $0.6561. This prolonged downward movement indicates sustained selling pressure and bearish market sentiment. Despite occasional minor recoveries, the overall trend remains downward, with no significant bullish reversals evident in the chart.

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

The RSI is currently at 28.69, indicating that the market is in a bearish phase and in oversold territory. This suggests that there may still be some room for further price declines before a potential reversal. The MACD indicator, with its histogram and signal lines, shows that the MACD line (blue) is below the signal line (orange) and both are in negative territory. This confirms the bearish trend, as the negative MACD values and the position of the MACD line below the signal line indicate ongoing downward momentum.

EOS/USD 4-hour price chart: EOS value shrinks to a margin of $0.6561

The 4-hour price chart for EOS demonstrates a bearish trend over the past 24-hours. The market has been in a downtrend, as it has lost around 4.28 percent of its value in the past 24 hours. The bearish trend is expected to continue in the market as selling pressure remains high.

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

On the technical front, the Relative Strength Index score is 36.37, which indicates that the selling pressure is on a high note. On the other hand, the Moving Average Convergence Divergence (MACD) indicator is in the red zone, with the MACD line below the signal line. This confirms the bearish trend, as the negative MACD values and the position of the MACD line below the signal line indicate ongoing downward momentum.

EOS technical indicators: Levels and action

Daily simple moving average (SMA)

PeriodValueAction
SMA 3$0.721144SELL
SMA 5$0.710002SELL
SMA 10$0.730887SELL
SMA 21$0.768611SELL
SMA 50$0.791218SELL
SMA 100$0.891529SELL
SMA 200$0.832969SELL

Daily exponential moving average (EMA) 

PeriodValueAction
EMA 3$0.788555SELL
EMA 5$0.798366SELL
EMA 10$0.809141SELL
EMA 21$0.814983SELL
EMA 50$0.835448SELL
EMA 100$0.850568SELL
EMA 200$0.836108SELL

EOS price analysis conclusion

Overall,after a continual price decline for the past 24-hours for EOS price analysis, the bears are attempting to maintain their advantage once more. The EOS price has fallen to a level of $0.6561, indicating a decline in price. Given that the four-hour price analysis likewise reveals a remains downward, indicating continued bearish momentum.

Is EOS a good investment?

After a continual price decline for the past 24-hours for EOS price analysis, the bears are attempting to maintain their advantage once more. The EOS price has fallen to a level of $0.6561, indicating a decline in price. Given that the four-hour price analysis likewise reveals a remains downward, indicating continued bearish momentum.

EOS recent new/opinion

  • The EOS Network has allocated 5 million $EOS to Greymass from the new Middleware bucket, recognizing their pioneering work since the network’s inception.
  • Greymass’s contributions include the Anchor wallet, Wharfkit SDKs, and the development of Fuel, enhancing accessibility and reliability across the EOS ecosystem.

EOS price prediction June 2024

EOS price prediction for June 2024 is a minimum value of $0.82 and an average price of $1.08. The price could reach a maximum of $1.81 during the month.

EOS Price PredictionPotential Low Average Price Potential High 
EOS Price Prediction June 2024$0.82$1.08$1.81

EOS price prediction 2024

EOS price prediction for 2024 anticipates a minimum value of $0.9956 and an average price of $1.04. The price could reach a maximum of $1.13 during the year.

EOS Price PredictionPotential Low Average Price Potential High 
EOS Price Prediction 2024$0.9956$1.04$1.13

EOS price prediction 2025-2030

YearMinimumAverageMaximum
2025$1.45$1.50$1.74
2026$2.08$2.14$2.52
2027$3.20$3.30$3.61
2028$4.71$4.84$5.51
2029$6.66$6.90$8.11
2030$9.47$9.74$11.73

EOS price prediction 2025

The current price of EOS is predicted to reach at a minimum level of $1.45 in 2025. The EOS price can reach a maximum level of $1.74 with the average price of $1.50 throughout 2025.

EOS price prediction 2026

EOS forecast for 2026 projects a minimum price target of $2.08, a maximum price of $2.52 and an average forecast price of $2.14.

EOS price forecast 2027

In 2027 the price of the EOS coin is forecasted to be at around a minimum value of $3.20. The EOS price value can reach a maximum of $3.61 with the average trading value of $3.30.

EOS price prediction 2028

The average price of EOS is expected to reach at a minimum level of $4.71 in 2028. The EOS price can reach a maximum level of $5.51 with the average price of $4.84.

EOS coin price prediction 2029

In 2029 the price of EOS is expected to reach at a minimum price value of $6.66. The EOS price can reach a maximum price value of $8.11 with the same price targets an average value of $6.90.

EOS price prediction 2030

EOS could reach a maximum price of $11.73 in 2030. Traders can expect a minimum price of $9.47 and an average forecast price of $9.74.

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 $0.7956 and an average price of $0.8925. We expect EOS to reach a maximum price of $1.1230 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.
  • EOS’s cryptocurrency quickly climbed into the top 5 by market cap after this success.
  • 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, managing to reach 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 January seeing the lowest prices. 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 all through May. At the time of writing, June 15, 2024, the current EOS price is trading within the $0.650 – $0.698 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.

Share link:

Most read

Loading Most Read articles...

Stay on top of crypto news, get daily updates in your inbox

Related News

Notcoin price prediction
Cryptopolitan
Subscribe to CryptoPolitan