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Home News EOS News

EOS price movement: EOS price rises above $5.2

Aroosa Nadeem by Aroosa Nadeem
February 12, 2020
in EOS News
2 min read
https://www.tradingview.com/u/ademozkur/
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EOS price sees bulls towards the $5.200 mark after trading between the $4.800 and $4.900 range until 14:56 GMT on the 11th of February. After this, the cryptocurrency saw bulls, and the price rose to the $5.200 mark after 17:00 GMT.

While Trading view analyst Ademozkur is of the opinion that EOS might see a devastating crash, after which EOS might approach the $0.500 mark by September 2020.

1-Day EOS Price Analysis (10th – 11th February)

EOS Price Chart

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EOS Price Chart by TradingView

The cryptocurrency had a price of $4.871 US Dollars at the start of the 24-Hour price chart, after which it fell below the $4.800 mark, followed by a retracement that took the coin towards the $4.900 level. The cryptocurrency entered the 11th of February with a price of $4.904 US Dollars, and then it fell to $4.812 US Dollars by 01:18 GMT.

By 14:50 GMT, the coin had reached $4.923 US Dollars. After seeing a bullish momentum at 15:00 GMT, EOS rose to $5.233 US Dollars by 16:05 GMT, and then to $5.325 US Dollars by 17:05 GMT. Currently, the coin trades at $5.282 US Dollars.

EOS: Predictive Analysis

The analyst Ademozkur believes that EOS may be subject to a big crash, and the next price target for the cryptocurrency will be near the $0.700 and $0.500 mark.

EOS Price Chart

EOS Price Chart by TradingView

As per the prediction by the trading view analyst, the EOS / US Dollar trading pair is expected to fall to $0.7929 US Dollars by mid of August 2020. The second price target for EOS is shown as $0.5721 US Dollars, and it is expected to be met by mid of September 2020.

Featured Image by Adam Vradenburg.

Disclaimer: The information provided is not trading advice but an informative analysis of the price movement. Cryptopolitan holds no liability towards any investments based on the information provided on this page.

Aroosa Nadeem

Aroosa Nadeem

A media graduate and passionate media person Aroosa has a knack for digital media journalism and outreach. She has contributed content to different digital media publishers in a variety of areas including technology, health and finance.

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