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

Key takeaways

• In 2024, EOS could reach a maximum price of $1.23 and an average price of $1.20.
• By 2027, the EOS price value can reach a maximum of $4.28.
• The EOS price in 2030 could reach a maximum possible level of $13.16 and an average forecast price of $11.36.

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: Cryptocurrency devalues to $0.767 amidst crash

TL;DR Breakdown:

• EOS coin price analysis confirmed a downtrend at $0.767.
• Cryptocurrency has lost up to 3.79% of its value during the day.
• EOS coin prices are seeking a resistance level at the $1.158 high.

On December 30, 2024, EOS price analysis revealed a decreasing trend for the cryptocurrency. EOS/USD value has dropped down to a $0.767 low over the past 24 hours. Side by side, the cryptocurrency lost up to 3.79% of its value over the day. The bears have been continuously ruling the market for the past few weeks, leading to a tremendous loss.

EOS 1-day price chart analysis

The one-day price chart of EOS coin confirmed a declining market trend for the currency. Coin value has depreciated to $0.767 low during the last 24 hours. Red candlesticks on the one-day price chart mark a strong bearish slide.

The distance between the Bollinger bands determines the market volatility. As this distance is currently expanding, this marks a declining market volatility. Moreover, the upper limit of the Bollinger Bands indicator, acting as the resistance, has shifted to $1.158. Conversely, its lower limit, serving as the support, has moved to $0.651. 

The Relative Strength Index (RSI) indicator confirms the ongoing downside. The indicator’s value has dropped down to index 38.54 in the past 24 hours. This decreasing movement is reflected by the RSI graph. The continual descending curve suggests a growing selling activity in the past few weeks. 

EOS /USD 4-hour price chart

The four-hour price analysis of EOS coin confirmed a downward trend for the cryptocurrency. Coin value has depreciated to $0.768 low in the past few hours. As the volatility is widening, there is a higher chance of a reversal in the market events. 

The Bollinger bands are expanding, leading to an increasing market volatility. This rising volatility refers to a higher market unpredictability in the coming hours. Moving ahead, the upper Bollinger band has shifted to $0.8171, indicating the resistance point. Conversely, the lower Bollinger band has moved to $0.7658, securing the support. 

The RSI indicator is present close to the oversold region. Its value has receded to 39.53 in the past four hours. The descending curve on the RSI graph marks a downward momentum. The selling activities remained dominant over the buying activities through the day. This decline in the market suggests an imbalanced trading environment for the investors. 

EOS technical indicators: Levels and action

Daily simple moving average (SMA)

Daily exponential moving average (EMA) 

What to expect from EOS price analysis

EOS price analysis gives out a highly bearish prediction regarding the ongoing market events. Coin value has receded to a $0.767 low in the past 24 hours. Side by side, the overall market sentiment remained extremely bearish as well. The cryptocurrency lost up to 3.79% of its value through the day. Technical indicators as well as the price charts continue to give out a negative signal. The bears have been consecutively securing wins, leading to an unstable market. 

Is EOS a good investment?

EOS has seen more green days in the last month. The coin’s price increased by 50% over the last year. However, the circumstances can change, and a correction cannot be ruled out. A bullish rally may be expected in the latter part of this year (2024), potentially pushing the EOS above $0.764.

Why is EOS down?

EOS is in descent with bearish pressure affecting on its price action. The coin has decreased down to $0.767 in the past 24 hours, and bears have made all efforts. EOS will decrease further if insufficient support from the buyers is experienced.

Will EOS Recover?

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

Will EOS reach $1?

EOS’s immediate resistance level is at $0.59. In July, EOS is sweating to break this level. Suppose the broader cryptocurrency market moves in a bullish direction. In that case, 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 EOS’s future is uncertain 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. 

Recent news/opinion on EOS

• The EOS Network has implemented a significant overhaul of its tokenomics model, dramatically reducing the total token supply and introducing a fixed supply model with a halving cycle. This strategic move is designed to bolster long-term stability and foster sustainable growth within the EOS ecosystem.

• EOS Network Foundation once again bragged about its network speed, calling it 1-second finality, and claimed that it is accomplishing the onchain tasks with higher speeds on a scalable level.

EOS price prediction December 2024

EOS price prediction for December 2024 is a minimum value of $ 1.094 and an average price of $ 1.123. The price could reach a maximum of $ 1.145 during the month.

EOS price prediction 2024

EOS price prediction for 2024 anticipates a minimum value of $108 and an average price of $120. The price could reach a maximum of $123 during the year.

EOS price prediction 2025-2030

EOS price prediction 2025

The price of EOS is predicted to reach a minimum level of $1.72 in 2025. EOS can reach a maximum level of $2.06 and an average price of $1.77.

EOS price prediction 2026

EOS forecast for 2026 projects a minimum price target of $2.48, a maximum price of $3.00 and an average forecast price of $2.55.

EOS price forecast 2027

In 2027, the price of EOS is forecasted to be around a minimum value of $3.72. EOS’s price can reach a maximum of $4.28 and an average trading value of $3.85 which is quite higher than current EOS price.

EOS price prediction 2028

The average price of EOS is expected to reach a minimum level of $5.51 in 2028. The EOS price can reach a maximum level of $6.64 and an average trading price of $5.70.

EOS coin price prediction 2029

In 2029, the price of EOS is expected to reach a minimum price of $7.61. The EOS token can reach a maximum price of $9.48 and an average price of $7.89.

EOS price prediction 2030

EOS could reach a maximum price of $13.16 in 2030. Traders can expect a minimum price of $10.96 and an average forecast price of $11.36.

EOS market price prediction: Analysts’ EOS price forecast

Cryptopolitan’s EOS price prediction

Cryptopolitan’s EOS prediction for the remainder of 2024 projects a minimum price of $1.08 and an average price of $1.20. We expect EOS to reach a maximum price of $1.23 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.
• After this success, EOS’s cryptocurrency quickly climbed into the top 5 by market cap.
• 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, reaching a maximum price of $1.33. The token dipped to as low as $0.53 between August and September due to less buying of EOS tokens. 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 the lowest prices in January. 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 throughout May.
• In June, EOS fell from $0.8142 to $0.5772, while July saw further loss with the token’s value decreasing to $0.4808.
• However, by mid-July 2024, EOS recovered back to $0.6100, and on August 23, EOS closed at $0.5566.
• In September 2024, EOS further dipped near $0.4600 range, while October also observed the same pattern with price mostly trending near $0.450 range.
• Market sentiment changed in November and a strong bullish trend was observed throughout the month and the coin is trending near $1.1 at the start of December.

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