Buyers seem to be gaining traction as EOS is back to trading above $5 and exhibiting a stable uptrend. The bearish market seems to have swept over as the prices have gained a bullish momentum.
EOS is in the bullish trendline and facing resistance at $5.2039. Prices are in a tight trading range. The prices have broken out from the bear target of $4 and is currently trading at $5.399 and are rising against USD by 19.74%. The key support level traced at $4.24 is holding strong. The 100 EMA line trading at $4.8360 is exhibiting an uptrend. The MACD is showing a bullish momentum with the prices breaking out the second resistance level of the day at $5.237.
At the time of writing, one EOS is equal to 0.00083BTC and is gaining against BTC by 16.29%.
EOS Latest Updates
- EOS vote decay seems to be on the rise. According to data from EOS Authority, an EOS founding block producer based in the UK, block producers have lost over 150 million votes or over 4.5 percent of the total votes cast as of yesterday.
EOS Price Prediction 2018, 2020
- Smartereum forecast for the end of the year, 2018 $ 37. The five-year forecast is around $ 143.
- According to Walletinvestor, coin prices can reach around $15.818 by the end of the year. EOS is estimated to touch $ 66.368 by 2023.
- According to InvestingPr, “Many market players look at a probable future price of $20 and hit a high of $150 by the year 2020. A decline at this point seems less likely although the modest price increase for 2018 stands at a little over $20.”
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