Loading...

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

Key takeaways

  • In 2024, EOS could reach a maximum price of $1.74 and an average price of $1.45.
  • By 2027, the EOS price value can reach a maximum of $3.61
  • The EOS price in the year 2030, could reach a maximum possible level of $11.73 and an 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$0.5574
Market Cap$834,591,380
Trading Volume$59,815,280
Circulating Supply1,127,540,931
All-time High$22.89   Apr 29, 2018
All-time Low$0.4802   Oct 23, 2017
24 High$0.5791
24 Low$0.5573

EOS price prediction: Technical analysis

MetricValue
Price Prediction$ 0.576735  (0.31%) 
Volatility13.03%
50-Day SMA$0.759169
14-Day RSI27.01
SentimentBearish
Fear & Greed Index55 (Greed)
Green Days13/30 (43%)
200-Day SMA$0.828983

EOS price analysis: EOS price faces strong bearish trend, declining to $0.5574

TL;DR Breakdown

  • EOS experienced a consistent price decline
  • Support for EOS is present at $0.5573
  • EOS price is facing resistance at $0.5791

The price trend of EOS over the observed period shows a clear bearish movement. The price starts at around $0.5771 and consistently declines throughout the day, ending at approximately $0.5574. This downward trend reflects strong selling pressure and negative market sentiment, with no significant upward movements or recoveries. The consistent decline and lack of reversal suggest that the bearish trend is firmly in place, indicating continued weakness in the EOS market during this period.

EOS 1-day price chart: EOS price drops to $0.5574 as bears retaliate

The 24-hour price chart for EOS indicates a predominantly bearish trend over the observed period. The price has consistently declined from levels around $0.800  to approximately $0.5574, reflecting strong selling pressure and negative market sentiment. This downward movement is characterized by a series of lower highs and lower lows, confirming the bearish trend. Despite minor periods of consolidation and short-term upward movements, the overall direction remains downward.

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

The MACD values are negative, reinforcing the bearish outlook. The histogram shows negative values with consistent red bars, indicating ongoing selling pressure and confirming the strength of the bearish trend. The RSI is currently at 27.64, which is an oversold threshold. This suggests that the market is heavily bearish, with selling pressure outweighing buying interest.

EOS /USD 4-hour price chart: Latest development

The 4-hour EOS price analysis shows that the price has dropped to $0.5574, which indicates that the market is negative. A bearish trend that has been strengthening over the past four hours is causing the price to decline once more. The price has been moving in a bearish direction for the past 24 hours, as can be seen on the charts, which show a consistent decrease in price levels.

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

The MACD line is currently below the signal line, indicating bearish momentum. The gap between the MACD line and the signal line has been narrowing, which suggests that the bearish momentum is weakening and a potential bullish crossover may occur if the trend continues. The relative strength index (RSI) is currently at 38.10, which indicates that the market is neither overbought nor oversold.

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

EOS price analysis shows that the market has had a significant sell-off, and prices at higher levels have yet to be able to attract any purchasers. As of right now, the market is consolidating and is trading between $0.5573 and $0.5791. The market is particularly unstable as a result of the wide range of price variations. The bears are seen to be in control of the market as they work to force prices lower.

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 price of EOS is predicted to reach a minimum level of $1.45 in 2025. EOS can reach a maximum level of $1.74 and an average price of $1.50.

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 EOS is forecasted to be around a minimum value of $3.20. EOS’s price can reach a maximum of $3.61 and an average trading value of $3.30.

EOS price prediction 2028

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

EOS coin price prediction 2029

In 2029 the price of EOS is expected to reach a minimum price of $6.66. The EOS token can reach a maximum price of $8.11 and an average price 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 23, 2024, the current EOS price is trading within the $0.5300 – $0.5772 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

Avalanche price
Cryptopolitan
Subscribe to CryptoPolitan