Bullish EOS price prediction is $1.195 to $3.161.
EOS (EOS) price might also reach $4 soon.
Bearish EOS price prediction for 2022 is $0.793.
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.
EOS (EOS) Current Market Status
According to CoinGecko, the price of EOS (EOS) is $1.04 with a 24-hour trading volume of $109,327,488 at the time of writing. However, EOS has increased by nearly 0.2% in the last 24 hours.
Moreover, EOS (EOS) has a circulating supply of 1,086,741,063 EOS. Currently, EOS (EOS) trades in cryptocurrency exchanges such as Binance, Upbit,FMFW.io, OKX, WhireBIT, Gate.io.
What is EOS (EOS)?
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) Price Prediction 2022
EOS (EOS) holds the 39th position on CoinGecko right now. EOS price prediction 2022 is explained below with a daily time frame.
The falling wedge is a bullish price pattern that represents a story about the market in which bulls are preparing for another push. A falling wedge pattern is bullish, although it appears after a bearish trend. The falling wedge pattern works as both a trend work as a trend reversal and a trend continuation pattern. If the falling wedge appears in a downtrend, it is considered a reversal pattern.
A falling wedge is an important technical formation that signals that the correction, or consolidation, has just ended as the asset’s price left the wedge to the upside and, in most cases, the continuation of the overall trend is taking place.
Currently, EOS (EOS) is in the range of $1.04. 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.
EOS (EOS) Support and Resistance Levels
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$1.195Resistance Level 2$1.869Resistance Level 3 $3.161Support Level$0.822EOS /USDT Support and Resistance Levels
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.
EOS (EOS) Price Prediction 2022 — RVOL, MA, and RSI
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 participation 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 54.71. This means that EOS (EOS) is nearly in an neither overbought nor oversold state. However, this means a major price reversal of EOS may occur in the upcoming days. So, traders need to trade carefully.
EOS (EOS) Price Prediction 2022 — ADX, RVI
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 9.433 and thus, it indicates a weak 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 above 50, indicating high volatility. In fact, the RSI of EOS (EOS) is at 54.71 thus confirming a potential buy signal.
Comparison of EOS with BTC, ETH
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.
EOS (EOS) Price Prediction 2023
If the declining price action completely slows down in momentum and the trend reverses, EOS (EOS) might probably attain $4.5 by 2023.
EOS (EOS) Price Prediction 2024
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 $5 by 2024.
EOS (EOS) Price Prediction 2025
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 $6.5.
EOS (EOS) Price Prediction 2026
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 $7.2.
EOS (EOS) Price Prediction 2027
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 $8.
EOS (EOS) Price Prediction 2028
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 $10 in 2028.
EOS (EOS) Price Prediction 2029
If investors flock in and continue to place their bets on EOS (EOS), it would witness major spikes. EOS might hit $12.5 by 2029.
EOS (EOS) Price Prediction 2030
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 $15 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) price prediction for 2022 is $0.793.
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 $4 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 $4 soon.
EOS (EOS) price is expected to reach $4.5 by 2023.
EOS (EOS) price is expected to reach $5 by 2024.
EOS (EOS) price is expected to reach $6.5 by 2025.
EOS (EOS) price is expected to reach $7.2 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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- @ December 11, 2022 1:30 pm