EOS News

EOS Starts Price Recovery After Month-long Downtrend

EOS coin was traded with the price of $2.66, with the movement being an upward one, before dropping to $2.63 on December 9, 2019. The currency did rise marginally and reached $2.64 on the next day, but with a couple of price drops, the coin reached $2.57 with a 2.68% regression. After the price fall, gradually it has gained pace as it reached $2.61 the next day but couldn’t maintain its consistency at this level. Soon after, it started to decline, and it was traded at the lowest price point i.e., $2.51 yesterday. The present trend indicates a slight recovery in the price of EOS.

EOS Price Prediction

EOS Price PredictionEOS coin shows a drop of 1.14% as compared to yesterday’s price of $2.61. As per the current price trend, the coin is indicating a further fall. However, we compare the current price with the lowest recorded price of today; the coin has recovered 2.51% value. Hence, it may trade up to its next resistance of $2.65 shortly.

You can invest your money in EOS or may even hold some existing coins as per the trend noticed. The past three days’ record shows a marginal recovery, as the coin has not been able to maintain a consistent performance. Investing from a long-term purpose will prove to be more beneficial with EOS.

Thomas Gillard

Thomas is news editor at CoinNewsSpan. He has worked as a sub editor for leading newspapers and magazines. He is responsible for streamlining the news that would go live on the site. He single handedly executes different editorial decisions that are taken from time to time. His primary focus areas include Ethereum and Ripple and crypto mining.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button