The EOS price movement has been quite disappointing. The beginning of 2019 brought a great deal for EOS. The escalation till the second quarter was mind-blowing, but the situation changed from the third quarter. The tremendous fall in the price had no turning back.
The speculations believe that EOS prices would improve drastically in the next term. The momentum of the coin would also improve by then.
EOS Price Analysis
EOS started 2019 at $2.7. The coin remained stable at the same level until the end of the month. In February, the currency jumped to $3.5 by 47.41%. In March, the coin jumped to $4.7 by 32.69%. In April, the coin reflected moderate movement around $4.9 and marked a 5.87% escalation. In May, EOS took a tremendous jump to $8.5 by 71.59%. In June, the price came crashing down to $6 by 29.33%. In July, EOS price slipped to $4.29 by 28.41%. The downtrend locked itself and touched $3.2 by 24.20% in August. In September, the currency drowned to $2.8 by 11.23%. In October, the price improved and touched $3.32 by 14.98%. In November, the EOS coin price again slipped to $2.64 by 20.30%. December seems moderate around $2.6.
The opening price and closing price of the year are marking marginal loss. The scary part is the tremendous jump and fall in the coin. It also reflects the weak planning by the brain behind the currency. However, the news related to EOS and its approaching year is quite motivating. The currency is usually suggested for the long-term traders, but keeping in mind the current scenario, we would recommend to hold on the investment for a while.