EOS Dropped -16.16% in Last Month and is Predicted to Drop to $0.758199 By Dec 11, 2022

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

  • EOS is up 3.09% today against the US Dollar
  • EOS/BTC increased by 2.99% today
  • EOS/ETH increased by 3.37% today
  • EOS is currently trading 25.92% above our prediction on Dec 11, 2022
  • EOS dropped -16.16% in the last month and is down -70.36% since 1 year ago
EOS price $ 0.954720
EOS prediction $ 0.758199 (-20.58%)
Sentiment Bearish
Fear & Greed index 25 (Extreme Fear)
Key support levels $ 0.913674, $ 0.898756, $ 0.878995
Key resistance levels $ 0.948354, $ 0.968114, $ 0.983033

EOS price is expected to drop by -20.58% in the next 5 days according to our EOS price prediction

is trading at $ 0.954720 after gaining 3.09% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 1.71% in the same time period. EOS performed well against BTC today and recorded a 2.99% gain against the world’s largest cryptocurrency.

According to our EOS price prediction, EOS is expected to reach a price of $ 0.758199 by Dec 11, 2022. This would represent a -20.58% price decrease for EOS in the next 5 days.

EOS Price Prediction Chart

Buy/Sell EOS

What has been going on with EOS in the last 30 days

EOS has been displaying a negative trend recently, as the coin lost -16.16% in the last 30-days. The medium-term trend for EOS has been bearish, with EOS dropping by -42.57% in the last 3 months. The long-term picture for EOS has been negative, as EOS is currently displaying a -70.36% 1-year price change. On this day last year, EOS was trading at $ 3.22.

EOS reached its all-time high price on Apr 29, 2018, when the price of EOS peaked at $ 22.83. The current EOS cycle high is $ 0.974310, while the cycle low is at $ 0.797526. EOS has been displaying low volatility recently – the 1-month volatility of the coin is at 7.19. EOS recorded 14 green days in the last 30 days.

EOS technical analysis for today – Dec 06, 2022

The sentiment in the EOS markets is currently Bearish, and the Fear & Greed index is reading Extreme Fear. The most important support levels to watch are $ 0.913674, $ 0.898756 and $ 0.878995, while $ 0.948354, $ 0.968114 and $ 0.983033 are the key resistance levels.

Bearish sentiment for EOS

13 indicators are currently signaling a bullish prediction for EOS, while 17 indicators are showing a bearish forecast. With 57% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for EOS.

Crypto market is currently experiencing Extreme Fear

Currently, the Fear & Greed index is at 25 (Extreme Fear), which signals that investors have a negative outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

EOS moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how EOS is positioned in the market right now.

Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential
MA3 $ 0.927407 (BUY) $ 0.928593 (BUY)
MA5 $ 0.931333 (BUY) $ 0.929650 (BUY)
MA10 $ 0.928652 (BUY) $ 0.927967 (BUY)
MA21 $ 0.912443 (BUY) $ 0.931004 (BUY) $ 1.20 (SELL) $ 1.16 (SELL)
MA50 $ 0.997402 (SELL) $ 0.990987 (SELL) $ 1.68 (SELL) $ 1.75 (SELL)
MA100 $ 1.15 (SELL) $ 1.09 (SELL) $ 3.19 (SELL) $ 2.50 (SELL)
MA200 $ 1.17 (SELL) $ 1.34 (SELL) $ 3.36 (SELL) $ 3.23 (SELL)
Period Value Action
RSI (14) 46.87 NEUTRAL
Stoch RSI (14) 100.00 SELL
Stochastic Fast (14) 66.88 NEUTRAL
Commodity Channel Index (20) 66.67 NEUTRAL
Average Directional Index (14) 14.66 NEUTRAL
Awesome Oscillator (5, 34) -0.02 NEUTRAL
Momentum (10) 0.00 SELL
MACD (12, 26) 0.01 NEUTRAL
Williams Percent Range (14) -33.12 NEUTRAL
Ultimate Oscillator (7, 14, 28) 55.30 NEUTRAL
VWMA (10) 0.93 BUY
Hull Moving Average (9) 0.94 SELL
Ichimoku Cloud B/L (9, 26, 52, 26) 0.89 NEUTRAL

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for EOS is at 46.87, suggesting that EOS is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of EOS over the last 50 days. Currently, EOS is trading above the SMA 50 trendline, which is a bullish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the EOS closing price for the last 200 days. EOS is now trading above the SMA 200, signaling that the market is currently bullish.

The bottom line about this EOS prediction

After considering the above factors, we can conclude that the current forecast for EOS price prediction is Bearish. EOS would have to decrease by -20.58% to hit our $ 0.758199 target within the next five days. Moving forward, it will be important to monitor the EOS market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term EOS price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

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