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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 analysis and price forecast.

Overview

CryptocurrencyEOS
TokenEOS
Price$0.6932
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$0.7073
24 Low$0.6840

EOS price prediction: Technical analysis

MetricValue
Price Prediction$0.689664  (-0.55%)
Volatility4.79%
50-Day SMA$0.804002
14-Day RSI32.34
SentimentBearish
Fear & Greed Index74 (Greed)
Green Days14/30 (47%)
200-Day SMA$0.8339

EOS price analysis: EOS moves towards bearish dynamics at $0.6932

TL;DR Breakdown

  • EOS experienced a sharp decline from around $0.71 to $0.69 level
  • EOS price movement reflects a bearish trend
  • The token shows significant volatility with multiple fluctuations around the $0.70 level before settling at $0.6932.

The 24-hour price movement of the EOS coin, observed on June 11, 2024, demonstrates a clear downward trend. Initially, EOS traded around $0.7073 but experienced significant selling pressure, sharply declining to approximately $0.6932. This substantial drop indicates a strong presence of sellers in the market, driving the price down. The price attempted minor recoveries throughout the day but consistently faced resistance around the $0.70 mark, failing to sustain any upward momentum. The overall trend is bearish, characterized by lower highs and lower lows, reflecting continuous selling pressure and market pessimism about EOS’s short-term performance.

EOS price analysis 1-day chart: EOS enters devalued region at $0.6932 after a bearish run

The 1-day EOS price analysis price analysis shows that the price is down by nearly 1.95 percent and is currently trading at $0.6932. EOS is currently in bearish market sentiment and is likely to remain in the downtrend for some time. The bears are currently maintaining control over the market, and the price is likely to remain in the bearish zone for some time.

The RSI is currently at 29.76, which is below the oversold threshold of 30. This indicates that EOS is in oversold territory, suggesting that the selling pressure has been strong, and a potential reversal could be on the horizon if buying interest picks up.

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

The MACD line is below the signal line, indicating a bearish crossover. The histogram is also showing negative values, reinforcing the bearish sentiment. This suggests that the downward momentum is strong and could continue unless there’s a significant shift in market sentiment.

EOS/USD 4-hour price chart: Latest development

The 4-hour chart of EOS/USD pair reveals a bearish trend with some signs of potential stabilization. The candlesticks show a mix of red and green bodies, reflecting the ongoing battle between buyers and sellers. However, the overall pattern still shows a downward bias, as evidenced by the lower highs and lower lows. The price movement shows signs of consolidation after the significant drop, indicating that the market is trying to find a stable support level.

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

The RSI is near oversold levels, and the MACD’s slight bullish crossover could hint at a possible bottoming-out phase. However, the weak momentum signals imply that any upward movement may be limited unless supported by stronger buying activity.

EOS technical indicators: Levels and action

Daily Simple Moving Average (SMA)

PeriodValueAction
SMA 3$0.741244SELL
SMA 5$0.742461SELL
SMA 10$0.780006SELL
SMA 21$0.79889SELL
SMA 50$0.804002SELL
SMA 100$0.907523SELL
SMA 200$0.833959SELL

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

Is EOS a Good Investment?

EOS could be a promising investment opportunity, especially with the anticipated boom in crypto in 2025. Despite past challenges, including a notable legal dispute, positive price predictions, such as a potential rise to $1.74 in 2025, indicate that the EOS network has considerable potential for future growth.

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 price history

  • 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 11, 2024, the current EOS price is trading within the $0.69 – $0.79 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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