The crypto market has shown a heavy plunge over the past month. The currencies were spotted crashing below the 52 week low level. Despite the downtrend, there was no support or correction found in the market for almost a week. The second half of the month brought some kind of relief among the traders as most of the currencies marked moderate recovery.
April 2020 started with high expectations, and the coins are also spotted improving during the same. EOS is among the coins that reflect stable movement; however, the currency couldn’t perform well due to heavy pressure, and thus the monthly chart is reflecting the heavy loss in the price.
EOS Eyes Immediate Resistance at $2.41
EOS coin started dealing at $3.60 on March 04, 2020, and in the next three days, the price escalated to $3.82 by 6.05% hike. The currency held its price at the same level until March 07. Later, the price plunged to $2.89 by 24.82% on March 09, and the hung around the same level till the next two days. EOS price dribbled to $1.58 on March 13, and later it recovered and touched $2.13 by a huge hike of 34.59%. Then, in the latter days, the price improved to $2.48, but from this high, the coin again faced a decline, which took the price to $2.
Further, the EOS coin exhibited escalation to the tune of 17.11%, and the price touched $2.34. EOS locked around the same level till March 28. Later, the price dropped to $2.12 by 7.60% fall. The coin hanged around the same level till yesterday. Today, at the time of writing this analysis, the currency spotted trading at $2.34. The current price of the EOS coin is near the immediate resistance level at $2.41. The same would be breached in the upcoming hours as per EOS price prediction.
