EOS Price Analysis: EOS Price Opens at $3.6; Intraday Movement Indicates Dull Day Ahead

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EOS was dealing with great numbers on the price chart. The past week was intriguing for the traders as the coin was recovering from the previous month’s downtrend. The investors were quite hopeful that the price rally in the coin would begin. 

The coin started falling from the last few days. The fall was taken bravely by the investors, as they were positive that it would pass with time. Well, the hopes got ruined when yesterday, the coin fell with tremendous speed. The fall was heartbreaking. Let’s have a look at the price chart. 

Current Statistics of EOS:

The chart is taken from Trading View on 15th August 2018 at 03:25:20 UTC for price analysis. 

The week-long chart is reflecting the heavy price drop in the coin. Starting from 9th August, the coin opened with a price drop of 5.41%. The price counters changed from $4.18 to $3.9. The price further escalated on 10th August from $3.9to $4.1 by 5.09%. On 11th August, the price counters changed from $4.16 to $4.19 by 1.10%. On 12th August, the price slipped from $4.19 to $4.13 by 1.47%. On 13th, the drop continued and took the price from $4.1 to $4. On 14th August, the coin registered a heavy fall of 9%. The price changed from $4 to $3.7.

EOS Price Prediction and Conclusion: 

EOS is a great coin when it comes to short term investment. The coin is volatile and has great potential. The popularity of the coin has always kept the coin up. The coin is at 8th position and has kept itself tight at the same rank during the thick and thin in the crypto market. The coming year would bring an escalation of in the coin. The long term investment in the coin would be best suited for investors. The same would bring a colossal amount of profit to the traders.