The EOS price has not been able to get out of the bearish pressure since the bears set their foot in the crypto market. However, the past one-day chart indicates a different price trend. Though the day started on a low, the price of EOS managed to trade in the upward range by the end of the day with the prices ranging between $2.61 – $2.70.
EOS Price Prediction
EOS coin managed to beat the odds, as seen from the one-day price chart, where it performed very well near the end of the day. The day began with nothing new for the coin with the price being below the baseline at $2.6141 at 1:10 UTC. At 8:46 UTC, the price of EOS went up to $2.6459 showing a rise of 4.28%. After that, the bears succeeded in pushing the price downwards to $2.6249 at 10:08 UTC. Then, EOS price reached a high of $2.7033 showing a hike of 3.07% at 16:37 UTC. Though the price fell to $2.6768 at 21:26 UTC, the EOS coin was still trading in the upper range. The current day’s price has gone up to $2.6916.
EOS price was trading mostly below the baseline since July. However, the past one-day price movement has been a breather for the coin, with the price moving mostly in the upper range. Trade99’s analysts hope that the coin continues to show more stability in the days to come and are watching its progress keenly. Short-term and day traders can continue to trade with caution as the market is still very volatile.