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EOS Just Like Any other Altcoin Takes a Fall Below the Baseline

EOS recently announced the first protocol upgrade of EOS main net. The community stands to announce new apps pretty soon.

Considering the 24-hour movement EOS, we see that the value was initially seen trading at $3.85 around 09:45 UTC. The price of EOS then dropped by 2.99% at 14:26 UTC, when the trading value changed to $3.73. EOS price then escalated again by 3.46% at 17:01 UTC, with the trading value of $3.86.

Today, the value from then dropped to the lowest point of today at 00:12 UTC, when the trading value changed to $3.64. However, the current trading value (at the time of penning down) has recorded a marginal rise by 1.14%.

EOS has enough potential, which means that traders waiting to earn some returns from some time now can make the most of this time. According to realistic EOS price prediction, the short-term is moderately volatile while, the long-term in the case of EOS investment is expected to turn out to be the fruitful one.

The resistance and support levels are calculated as follows:

Resistance Levels:

R1: $3.8, R2: $3.91, R3: $3.96

Support Levels:

S1: $3.64, S2: $3.59, S3: $3.48

Aarav Ghosh: Aarav Ghosh is a sub editor and contributor to NameCoinNews who specializes in covering latest stories and headlines of cryptocurrencies and blockchain. Additionally, he also covers latest news related to FinTech industry. He is a firm believer of next big transformation of world economy in terms of digitalization.