EOS [EOS] price prediction 2018: EOS on the path of recovery
Most of the top currencies are seeing positive growth in their crypto trading as the market opened this week. EOS has shown a broad recovery of almost 12% since yesterday. This price rise is amid the Ethereum developer, Justo’s allegation that EOS has attacked the Ethereum network.
EOS Price Analysis
EOS price is exhibiting an immediate spike in prices from a support level $7.4. The resistance level traced at $7.7 is currently experiencing a breakout. The intraday low is recorded at $7.2. The 100 EMA line is displaying an uptrend and the MACD showcases a bullish momentum. The significant trading area for today is from $7.23 to $7.92. The prices are clearly struggling to reach $8. It can touch $8 if the buyer pressure sustains. The cryptocurrency is currently trading at $7.82 and is gaining against USD by 8.44%.
EOS is gaining against BTC by 4.06%. At the time of writing, one EOS is equal to 0.00117960 BTC.
EOS price Prediction 2018
According to Wallet Investor, the coin will see a price hike and it could climb up to 27.581 USD in one year. They also believe that the digital coin has the potential to rise up to $20 in one year. While it seems to be struggling in the markets bearish turn, it seems the coin has a bright future ahead.
According to Cryptosphere, the forecast by end of the calendar year 2018 is around $ 37. Similarly, the five-year forecast is around $ 143. According to Walletinvestor, the coin’s price can go up from 8.633 USD to 23.823 USD in one year. In five years the price is predicted to be 93.604 USD.
EOS has the potential to be in the blockchain big leagues of the future which offers fast, free and scalable transactions. Their roadmap also focusses on developing their blockchain technology further and partnerships with multinational firms.
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