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EOS falls by 4.77% since yesterday; Trades below $4.00

  • EOS is currently showing moderate volatility when compared to yesterday’s trading duration

EOS has returned to the same place from where it began. Currently the coin is trading at $3.8. The past week was quite a power packed for the traders and the investors. The escalation in the price took EOS to $4.2 and above. The investors were expecting that the uptrend would stay, but the market pressure brought the currency down. If we look at yesterday’s chart, EOS touched a high at $4.01 and a low at $3.76 and the volume marked was $1,617,857,451.

EOS/USD 1-day chart:

The data feed is from Bitfirex as on September 23, 2019, at 10:25:39 UTC.

 

Yesterday, EOS started the trading days around $4 and within a few hours the price fell to $3.8. Later, the same picked up to $3 by 2.14%. Further, the price again dropped from $3.8 to $3.7 by 3.59%. The day closed at $3.8 with an intraday loss of 4.61%. Today, the price of EOS started with a fall and the coin slipped from $3.8 to $3.7 by 1.85%. Later, there was a recovery of 2.55% and EOS moved back to $3.8 again.

Price Prediction and Conclusion:

With the market cap at $3,563,191,575, EOS is presently dealing with moderate volatility. The day didn’t start with much hope. After a few hours when EOS started climbing, the traders started eyeing for a substantial profit and the currency is expected to give good profit today.

The ROI of EOS stands at 270.34%. The circulating supply is marked as 932,910,951 EOS. The 24hr volume is noted as $1,501,496,630 USD. The currency is highly recommended for the long term traders. As per EOS future price prediction, the same is expected to bring the maximum return on investment.

Sara Gillard: Sara Gillard is media focused research analyst and strategist with a background in blockchain technology and cryptocurrencies. She contributes latest news and insights into digital economy at a global level. She holds investments in BTC and several altcoins. She is optimistic about potential of cryptocurrencies. In her free time, she enjoys running and aerobics.