EOS price prediction 2024-2030: Will EOS reach $100?

Key takeaways

• In 2024, EOS could reach a maximum price of $0.7644 and an average price of $0.6829.
• By 2027, the EOS price value can reach a maximum of $2.29.
• The EOS price in the year 2030, could reach a maximum possible level of $6.86 and an average forecast price of $6.06.

EOS is a fully decentralized network that supports the development, hosting, and execution of large-scale decentralized applications (dApps), offering significant advantages in scalability and user experience. The cryptocurrency entered the crypto market in 2017 and has experienced a significant journey, including a record-breaking $4 billion Initial Coin Offering (ICO). Despite its initial promise as an “Ethereum killer,” it has faced various challenges impacting its market performance and reputation.

Can EOS reach $10 soon? Let’s get into the EOS price prediction and technical analysis.

Overview

EOS price prediction: Technical analysis

EOS price analysis: EOS devalues to $0.4969 following a bearish takeover

TL;DR Breakdown

• EOS price analysis confirms a downtrend.
• The coin value has dropped to $0.4969.
• Support is being provided at the $0.4964 end.

The daily as well as the hourly EOS price analysis for July 7, 2024, confirms a strong downtrend for the cryptocurrency. Although the buying pressure remained higher as compared to the selling pressure yesterday, today the bears have taken over. The selling activity is intensifying once again as the red candlestick confirms the decreasing momentum. Overall, the coin value has deteriorated to $0.4969, considering the rapid bearish turn in the last 24 hours.

EOS 1-day price chart: Downswing carries a coin value below the $0.499 margin

The daily EOS price analysis indicates a decreasing price movement for the cryptocurrency. A major bullish takeover was recorded yesterday, which earned a substantial recovery for the buyers. However, today the bears remained secure on the winning side once again. The EOS/USD value has receded to $0.4969 because of the intensifying bearish momentum. Side by side, the Moving Average (MA) indicator confirms the receding price movement. Its value has sunk to $0.5412 because of the bearish tide in the past week.

EOS/USD 1-day price chart, Source: TradingView

The volatility is on the expanding side, which is a negative hint for the coming market events. The upper end of the Bollinger bands indicator has thus shifted to $0.6213, indicating a high resistance point. Whereby, the lower end of the Bollinger bands indicator has moved down to a $0.496 low, suggesting support levels. The Relative Strength Index (RSI) indicator confirms the rapidly declining price movement in the past 24 hours. Its value has decreased to index 31.18, which is critically close to the oversold region.

EOS /USD 4-hour price chart: A bearish swing leads to a devaluation below $0.4969

The hourly EOS price analysis gives a bearish prediction for the cryptocurrency. The bears have been ruling the market quite persistently. The cryptocurrency has faced a massive loss during the day because of the aggravating selling pressure. Overall, the coin value has been reduced to $0.4969 amidst the ongoing downside. However, the moving average indicator shows an ascending curve on the four-hour price chart. Its value has spiked up to $0.512 because of the major turnover yesterday.

EOS/USD 4-hour price chart, Source: TradingView

The four-hour price chart confirms declining volatility, which is a bullish signal for the coming market events. The upper end of the Bollinger bands indicator has shifted to $0.537, which marks high resistance for the cryptocurrency. The lower Bollinger band dictates its value at $0.454, indicating stable support. The RSI graph displays a steep, bearish slope because of the latest downturn. Its value has moved down to index 39.61 amidst the growing bearish momentum.

EOS technical indicators: Levels and action

Daily simple moving average (SMA)

Daily exponential moving average (EMA)

What to expect from EOS price analysis

The daily as well as the hourly EOS price analysis confirms a highly bearish scenario regarding the ongoing market events. The bears have been on the winning side for the past 24 hours as a result of the aggravating selling pressure. Overall, the cryptocurrency value has depreciated below the $0.4969 marker because of the ongoing downtrend. If we discuss the four-hour price analysis, then it suggests a declining price movement as well.

Is EOS a good investment?

EOS has seen fewer green days in the last month. The coin’s price has decreased by 25% over the last year and 85% over the last three years. However, the circumstances can change, and a turn in the upper direction cannot be ruled out. In the latter part of this year (2024), a bullish rally may be expected, potentially pushing the AMP above $0.764.

Why is EOS down?

EOS is in consolidation, with bearish pressure weighing on its price action. The coin has been unable to break above the $0.4969 level, and bears have suppressed all efforts. EOS will remain down until it gathers sufficient support from the buyers’ side.

Will EOS Recover?

EOS is currently trading in its lower historical price envelope. The coin did enjoy some bullish action from late October 2023 until March 2024, but that was not a match for the price levels it had previously seen. Considering the current situation, it feels like the coin’s price will remain low for some time.

Will EOS reach $1?

EOS’s immediate resistance level is at $0.59. In July, EOS is sweating to break this level. If the broader cryptocurrency market moves in a bullish direction, EOS may also follow the trend and is expected to reach the $1 level by the end of 2025 if everything remains favorable.

Will EOS reach $5?

EOS was last seen above the $5 level in November 2021. Since then, the EOS value has plummeted significantly; however, the coin is expected to surpass $5 again by the end of 2029.

Will EOS reach $10?

According to Cryptopolitan’s price prediction, EOS may not achieve the $10 level in the next five years. It will take considerable time and significant growth in the coin’s market cap to reach $10, possibly by 2032.

Does EOS have a good long term Future?

According to The Motley Fool, a private financial and investing advice company based in Virginia, EOS is a “very risky choice.” The publication says that EOS’s future is filled with uncertainty given the scandals and problems surrounding the EOS Foundation and Block. One blockchain company. However, the market speculates that EOS will reach above $6 by 2030, but the speculations can change at any time.

EOS recent new/opinion

• The EOS Network Foundation announced that its EOS staking plan will start on July 8, 2024. The first batch of 250 million EOS is expected to enter the staking pool on the same date.

• The EOS Network has allocated 5 million $EOS to Greymass from the new Middleware bucket, recognizing their pioneering work since the network’s inception.

EOS price prediction July 2024

EOS price prediction for July 2024 is a minimum value of $0.51 and an average price of $0.60. The price could reach a maximum of $0.69 during the month.

EOS price prediction 2024

EOS price prediction for 2024 anticipates a minimum value of $0.6598 and an average price of $0.6829. The price could reach a maximum of $0.7644 during the year.

EOS price prediction 2025-2030

EOS price prediction 2025

The price of EOS is predicted to reach a minimum level of $0.9086in 2025. EOS can reach a maximum level of $1.14and an average price of $0.9360.

EOS price prediction 2026

EOS forecast for 2026 projects a minimum price target of $1.30, a maximum price of $1.58 and an average forecast price of $1.35.

EOS price forecast 2027

In 2027, the price of EOS is forecasted to be around a minimum value of $1.99. EOS’s price can reach a maximum of $2.29 and an average trading value of $2.05.

EOS price prediction 2028

The average price of EOS is expected to reach a minimum level of $2.77 in 2028. The EOS price can reach a maximum level of $3.42 and an average price of $2.87.

EOS coin price prediction 2029

In 2029 the price of EOS is expected to reach a minimum price of $3.98. The EOS token can reach a maximum price of $4.95 and an average price of $4.09.

EOS price prediction 2030

EOS could reach a maximum price of $6.86 in 2030. Traders can expect a minimum price of $5.90 and an average forecast price of $6.06.

EOS market price prediction: Analysts’ OP price forecast

Cryptopolitan’s EOS price prediction

Cryptopolitan’s EOS prediction for the remainder of 2024 projects a minimum price of $0.6598 and an average price of $0.6829. We expect EOS to reach a maximum price of $0.7644 during the year.

EOS historic price sentiment

• In 2018, the EOS ICO made history by raising a staggering $4 billion, the largest initial coin offering ever.
• EOS’s cryptocurrency quickly climbed into the top 5 by market cap after this success.
• However, by late 2021, the price of the EOS token had fallen from $10 in June 2018 to $4.40 due to a declining user base.
• In 2022, EOS experienced significant price swings. It peaked at around $3.27 and dropped to a low of about $0.81. On average, EOS traded at approximately $1.59.
• In 2023, EOS saw even lower prices, managing to reach a maximum price of $1.33. The token dipped to as low as $0.53 between August and September. On average, EOS traded at roughly $0.84 and closed the year at $0.8450.
• In Q1 2024, EOS’s price fluctuated between $0.65 and $1.30, with January seeing the lowest prices. By February and March, prices began to stabilize, averaging around $1.02​.
• EOS reached $1.15 on April 12, 2024, but soon declined below $1, maintaining an average price of about $0.8 all through May.
• At the time of writing, July 3, 2024, the current EOS price is trading within the $0.5600 – $0.5800 range.