Loading...

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$0.530
Market Cap$797,856,099
Trading Volume$66,699,845
Circulating Supply1,501,052,611 
All-time High$22.89   Apr 29, 2018
All-time Low$0.4802   Oct 23, 2017
24 High$0.5414
24 Low$0.5204

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: Bullish spike leads to recovery beyond $0.530

TL;DR Breakdown

  • EOS price analysis confirms an uptrend.
  • Coin value has increased up to $0.530. 
  • Support is being provided at $0.481 end.

The EOS price analysis for 11 July 2024 dictates a highly bullish scenario. The Green candlesticks have been ruling the price chart since the past week, as a consecutive rise in buying pressure has been observed. Overall, the coin value has achieved a target of $0.5300 amidst the growing bullish activity in the past 24 hours. A further rise in price seems possible if the bulls remain persistent. 

EOS 1-day price chart: Coin value ascends to $0.5300 amidst upside

The daily EOS price analysis confirms a bullish trend for cryptocurrency today. A strong rise in buying activity has been observed over the past week as the cryptocurrency sought massive recovery. A similar progression was recorded today as the coin value hiked past the $0.5300 hurdle. The Moving Average (MA) indicator confirms a decline in its overall value. Its value has descended to $0.5166 because of the aggravating downside in the earlier weeks.

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

The volatility is on the increasing end which is a relatively bearish signal for the coming days. The upper end of the Bollinger bands indicator has thus moved to $0.618 high, securing high resistance for the cryptocurrency. Meanwhile, the lower end of the Bollinger bands indicator is currently at a low of $0.481, dictating the available support levels. If we talk about the Relative Strength Index (RSI) indicator, its graph displays a sharp bullish curve. Its value has ascended to an index of 39.92 because of the latest turnover in price.

EOS /USD 4-hour price chart: Bulls bounce back as EOS reaches $0.530 high

The hourly EOS price analysis confirms a highly bullish prediction of current market events. Although the bears remained dominant in the early hours of the day, currently, the bulls are in the lead. The coin value has spiked up to $0.530 amidst the growing bullish tide in the last four hours. The Moving Average value has also improved up to $0.527 in the past few hours. The indicator’s curve is ascending, considering the constant hike since yesterday.

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

The volatility is dictating a subtle rise in the volatility, which is a bearish signal for the approaching hours. Whereas, the upper end of the Bollinger bands indicator has shifted to $0.536 high because of the heightening volatility. On the other hand, the lower Bollinger band shows its value at $0.5091, securing stable support for the cryptocurrency. The RSI indicator confirms the latest changes in the price movements. Its value has ascended to index 56.14 which is a quite stable figure for now.

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 daily and hourly EOS price analysis confirms a highly bullish scenario for the day. The coin value has recovered to $0.530 amidst the aggravating bullish pressure since the past week. The four-hour price analysis presents a bullish prediction because of the upturn projected in the past few hours of the day.

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 revival, with bullish pressure weighing on its price action. The coin has been able to break above the $0.4969 level, and bulls have made all efforts. EOS will recover further if it gathers sufficient support from the buyers’ side.

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 for some time.

Will EOS reach $1?

EOS’s immediate resistance level is at $0.59. In July, EOS is sweating to break this level. If the broader cryptocurrency market moves in a bullish direction, 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 that 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 $1.14and 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.

Share link:

Most read

Loading Most Read articles...

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

Related News

Tezos
Cryptopolitan
Subscribe to CryptoPolitan