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In EOS (EOS) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about EOS to analyze the future movement of the cryptocurrency.
According to CoinGecko, the price of EOS (EOS) is $0.926554 with a 24-hour trading volume of $134,466,564 at the time of writing. However, EOS has increased by nearly 1.5% in the last 24 hours.
Moreover, EOS (EOS) has a circulating supply of 1,083,643,962 EOS. Currently, EOS (EOS) trades in cryptocurrency exchanges such as Binance, FMFW.io, OKX, Bybit, LBank.
EOS is the native cryptocurrency of the EOS.IO. EOS.IO is a blockchain-based decentralized operating system that was launched in June 2018. The network was founded by Block.one, a software firm.
EOS (Electro-Operating System) network enables users and developers to create and launch dApps via the smart contracts on the blockchain. The transactions on the EOS.IO blockchain are secured by the delegated proof-of-stake (DPoS) consensus that incorporates Byzantine Fault Tolerance (BFT).
The EOS ICO which took place in 2017 and 2018 over an 11-month time span is recorded as one of the biggest token sales. EOS grants its holders access to the bandwidth and storage of EOS.IO.
EOS (EOS) holds the 44th position on CoinGecko right now. EOS price prediction 2022 is explained below with a daily time frame.
The above chart of EOS (EOS) laid out a Falling Wedge pattern . In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish reversal. This pattern indicates a breakout in the price trend towards an upswing.From the above chart, we can interpret that the momentum of the downtrend is slowing down.
Currently, EOS (EOS) is in the range of $0.916 If the pattern continues, the price of EOS might reach the resistance levels of $1.198 and $1.857. If the trend reverses, then the price of EOS may fall to $0.793.
The chart below shows the support and resistance levels of EOS (EOS).
From the above daily time frame, we can clearly interpret the following as the resistance and support levels for EOS (EOS).
| Resistance Level 1 | $1.195 |
| Resistance Level 2 | $1.869 |
| Resistance Level 3 | $3.161 |
| Support Level | $0.822 |
The charts show that EOS (EOS) has performed a bullish trend over the past month. If this trend continues, EOS might run along with the bulls overtaking its resistance level at $3.161
Accordingly, if the investors turn against crypto, the price of EOS (EOS) might plummet to almost $0.822 a bearish signal.
The Relative Volume (RVOL) of EOS (EOS) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of EOS lies below the cutoff line, indicating weak participants in the current trend.
Also, the Moving Average (MA) of EOS (EOS) is shown in the chart above. Notably, EOS (EOS) price lies below 50 MA (short-term), so it is in a downtrend. Currently, EOS has entered a bearish state. Therefore, there is a possibility of a reversal trend of EOS at any time.
Meanwhile, the relative strength index (RSI) of the EOS is 39.63. This means that EOS (EOS) is in an oversold state. However, this means a major price reversal of EOS may occur in the upcoming days. So, traders need to trade carefully.
Let us now look at the Average Directional Index (ADX) of EOS (EOS). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
The above chart represents the ADX of EOS (EOS). Currently, the ADX of EOS lies in the range of 40.069 and thus, it indicates a strong trend.
The above chart also represents the Relative Volatility Index (RVI) of EOS (EOS). RVI measures the constant deviation of price changes over a period of time. The RVI of EOS lies below 50, indicating low volatility. In fact, the RSI of EOS (EOS) is at 39.63 thus confirming a potential buy signal.
The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), and EOS (EOS).
From the above chart, it can be interpreted that ETH, BTC, and EOS are moving in a similar trend. This indicates that when the price of BTC increases or decreases, the price of ETH and EOS also increase or decrease respectively.
If the declining price action completely slows down in momentum and the trend reverses, EOS (EOS) might probably attain $2 by 2023.
With several upgrades in the network, EOS (EOS) might enter a bullish trajectory. If the coin grabs the attention of major investors, EOS might rally to hit $4 by 2024.
If EOS (EOS) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 3 years, EOS would rally to hit $6.
If EOS (EOS) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, EOS would rally to hit $8.
If EOS (EOS) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, EOS would rally to hit $10.
If EOS (EOS) holds up a strong stance as a better investment option for the next 6 years amid the trends in the highly-volatile crypto market. By driving significant price rallies, EOS would hit $12 in 2028.
If investors flock in and continue to place their bets on EOS (EOS), it would witness major spikes. EOS might hit $14 by 2029.
With greater advancements in the EOSecosystem, the crypto community might continue to invest in EOS for the next 8 years and drive significant price rallies for the token. Hence, EOS (EOS) might hit $16 by 2030.
With continuous improvements in the EOS network, we can say that 2022 is a good year for EOS. For this reason, the bullish price prediction of EOS (EOS) in 2022 is $3.161. On the other hand, the bearish price prediction of EOS (EOS) for 2022 is $0.822
Furthermore, with the advancements and upgrades to the EOS ecosystem, the performance of EOS would help to reach above its current all-time high (ATH) of $22.71 very soon. But, it might also reach $1 if the investors believe that EOS is a good investment in 2022.
EOS is the native cryptocurrency of the Electrical-Operating System (EOS). EOS is a blockchain-based decentralized operating system that was launched in June 2018.
EOS (EOS) has been listed on many crypto exchanges which include Binance, FMFW.io, OKX, Bybit, LBank.
With the ongoing developments and upgrades within the EOS platform, EOS (EOS) has a high possibility of reaching its ATH soon.
On April 29, 2018, EOS (EOS) reached its new all-time high (ATH) of $22.71.
EOS (EOS) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of EOS in the past few months, EOS is considered a good investment in 2022.
EOS (EOS) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then EOS (EOS) will hit $1 soon.
EOS (EOS) price is expected to reach $2 by 2023.
EOS (EOS) price is expected to reach $4 by 2024.
EOS (EOS) price is expected to reach $6 by 2025.
EOS (EOS) price is expected to reach $8 by 2026.
Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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