EOS Token is Approaching Its 52-Week Low: What’s Next?

EOS is one of the most successful Initial Coin Offerings (ICO) in cryptocurrency history. It came into existence during the crypto bubble of late December 2017 and January 2018. It was launched on January 31st, 2018. At the time of writing, the price of EOS is $1.22. EOS has decreased by 3.65% in the past 24 hours. This present price of EOS token is close to its 52-week low price of $1.13. The recent crypto winter has made the price of EOS show a bearish trend. In the past 24 hours, the trading volume in EOS has decreased by 0.51%. This shows that there is a low buying activity on the EOS blockchain. Irrespective of this present performance of EOS, investors are still positive that the price of EOS could surge again. The price history of EOS has not been good in recent months. In the past 7 days, the price history of EOS shows that it attained a minimum and maximum price of $1.19 and $1.43 respectively. 30 Days And 90 Days Price History of EOS The price of EOS in the past 30 days is within a 30 days lowest price of $1.13 and a 30 days highest price of $2.37. The 90 days price history of EOS has a 90-day lowest price of $1.13 and a 90-day highest price of $3.14 according to CoinMarketCap. EOS Price Prediction EOS/USDT 1Day Chart Showing the Key levels From the EOS price prediction chart above, showing the resistance and support levels, we can deduce the following: Since the buyer’s pressure is reducing, the price of EOS has a h...