EOS News

EOS Just Like Any other Altcoin Takes a Fall Below the Baseline

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EOS recently announced the first protocol upgrade of EOS main net. The community stands to announce new apps pretty soon.

EOS Price Chart

Considering the 24-hour movement EOS, we see that the value was initially seen trading at $3.85 around 09:45 UTC. The price of EOS then dropped by 2.99% at 14:26 UTC, when the trading value changed to $3.73. EOS price then escalated again by 3.46% at 17:01 UTC, with the trading value of $3.86.

Today, the value from then dropped to the lowest point of today at 00:12 UTC, when the trading value changed to $3.64. However, the current trading value (at the time of penning down) has recorded a marginal rise by 1.14%.

EOS has enough potential, which means that traders waiting to earn some returns from some time now can make the most of this time. The short-term is moderately volatile while, the long-term in the case of EOS investment is expected to turn out to be the fruitful one.

The resistance and support levels are calculated as follows:

Resistance Levels:

R1: $3.8, R2: $3.91, R3: $3.96

Support Levels:

S1: $3.64, S2: $3.59, S3: $3.48

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