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The EOS token may attain a maximum price of $2.817 by the end of the financial year 2028. - 2
The EOS price currently trades at $0.70 with a slight intraday gain of 0.85%.
The short-term outlook for EOS is negative and more losses are likely. It faced a strong resistance at $0.900 and the price plunged with momentum. It signals that the short term trend outlook is bearish. So, investors and traders need to be cautious before entering any trades.
EOS coin price dropped by 16% in the last week and wiped out the entire gains made in December 2023. Currently, the coin is moving down to the $0.704 level, which is the nearest support as observed in the chart.
EOS Network, a blockchain platform that focuses on high performance, flexibility, security, and developer experience. EOS is a digital currency that is scalable, divisible, and programmable.
The EOS Network is appealing because of its technology and community. It enables developers to create projects that other blockchains cannot. The network is simple and has many tools and resources to help users.
Moreover, it is a 3rd generation Layer 1 blockchain that is fast and powerful. It allows developers to build what they envision with programmable architectures, versatile infrastructures, and custom smart contracts. EOS is unique because of its technological stack and resilient community.
The Long term outlook for crypto price shows weakness after it fell below the 200-Day EMA. If buyers seem to be active near the support, a short-term rebound may occur.
Furthermore, The sudden drop in EOS had rattled the long-term investors. If the price falls more, it may cause fear and existing investors may get pressured to sell their holdings.
EOS Price Prediction 2024
The recent price drop has weakened the long term trend which is now tuned slightly towards the negative side. The most optimistic view of analysts expect the price to a high of $1.02 suggesting an upside potential of 45.85%. Whereas, the lowest price that the EOS cryptocurrency may attain in the next year is $0.87.
EOS Price Prediction 2025
Over the next two years, the optimistic view of analysts expects that the EOS coin price may reach a high of $1.473. The minimum forecasted price by the end of 2025 is $1.243.
EOS Price Prediction 2026
The EOS cryptocurrency price may reach a high of $1.717 if an optimistic trend prevails in the crypto market. On the flip side, the pessimistic view of the analysts expects the price to reach $1.478 by 2026.
EOS Crypto Price Prediction 2027
The analysts are optimistic in the long term and assume that the EOS crypto price may advance to a high of $2.395. On the other hand, the lowest price that the crypto could achieve by 2027 is expected at $1.879.
EOS Crypto Price Prediction 2028
The most optimistic view of analysts expects the price to reach a high of $2.817 by the end of the financial year 2028. Whereas the most pessimistic view of analysts expect the price to reach $2.301 by 2028 end.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
Source: https://www.thecoinrepublic.com/2024/01/10/eos-price-prediction-2024-2027-are-bears-back-in-the-game/