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EOS Price Prediction 2019 – How High Will EOS Coin Reach?

Get the detailed coverage on EOS price Prediction & EOS price today. EOS may hit this price if more cryptocurrencies enter the market,

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EOS is a cryptocurrency that runs on EOS.IO protocol. It is a platform built especially for developing decentralized apps. It enables the hosting and execution of applications in its own platform.

Are you curious about how high can EOS reach?

This article aims to provide the brief information regarding EOS and its price prediction for 2021 and beyond. All your thoughts will be clarified at the end and you will have clear information, whether EOS a good investment?

Let us try to have some basic knowledge on EOS.

Overview CryptocurrencyEOSTokeneosPrice$ 2.5400Market cap$ 2,421,152,008.0000Circulating Supply$ 951,259,631.8319Trading Volume $ 1,193,283,467.0000All time high$ 22.7100 April 29, 2018All time low$ 0.5024 October 23, 2017 What Is EOS?

Inherent to the leading blockchains such as Bitcoin, Ethereum, and Litecoin, EOS was developed to solve problems such as speedy transfers. The EOS blockchain is infused with many frameworks and protocols, according to Block.one, aimed at accelerating the transaction speeds on the network.

EOS claims to process millions of transactions, making it the fastest blockchain technology, while Ethereum will only process 30 transfers per second against Ripple’s which is considered the fastest blockchain with 1,500 transfers

EOS.IO. is a blockchain protocol. The native cryptocurrency of which is the EOS coin. EOS is software that sets up personalized blockchain architecture to allow decentralized applications to be scaled horizontally and vertically.

Authentication, profiles, files, asynchronous communication, and application scheduling are provided by the EOS platform across a broad variety of CPU cores and clusters.

EOS Technical Analysis 2017

EOS entered the crypto market with a trading price of $1.01 in July. As it was new to the market EOS failed to gain the attention of the investors and the price started to decline. Dramatically, EOS started to grow as it reached $2.95 in November. Interestingly, EOS spiked to $11.39 by December. At the end of 2017, EOS traded at $8.69.

2018

With a steady recovery in price, EOS started the year 2018 with a trading price of $9.44. The price drastically rose to $18.16 by mid-January as the market turned to invest in EOS. Later, the price declined to $13.49 by the end of January. Shockingly, EOS plunged to $4.59 by mid-March and further started to recover. EOS broke its previous price records by recording a new All-Time-High of $21.14 by the end of April. Later, the price started to drop. Surprisingly, EOS’s price declined to $1.91 as the crypto market crashed. At the end of 2018, EOS was exchanged at $2.61.

2019

EOS started the year 2020 with a trading price of $2.57. The price steadily started to improve after the price crash. With certain price variations, EOS swelled to $8.46 by June. Further the price started to plunge as the bears occupied the market. EOS traded at $2.64 at the end of 2019.

2020

EOS entered the year 2020 with a price of $2.57. Later the price moved to a significant resistance level in February with $5.27. EOS failed to maintain the stability of its price, as the price dropped to $1.90 in the mid March due to the Covid-19 outbreak and this resulted in the fall of many altcoins. EOS was trading between the range $2 and $3 with certain fluctuations throughout the year. EOS traded at $2.58 to end the year 2020.

EOS Price Prediction 2021

With an effect of bearish trend EOS initiated the year 2021 with its price trading at $2.63. With the influence of bulls, EOS might rise in the further months. EOS might reach $7 in the month of May. EOS might remain stable at $3 throughout the year. By the end of 2021, EOS might trade at $5.6.

EOS Price Prediction 2022

EOS may start the year 2022 with $5.75 and anticipated to rise further. The price might fall if EOS fails to provide the transparency to its users. By the end of 2022, EOS might be exchanged at $6.55.

EOS 5 Years Price Prediction

In 5 years, EOS might focus on the developments and collaboration with other projects. It might gain more users and may reach the newer heights. By the end of 5 years EOS might Trade at $15.

EOS Market Prediction

Let us consider the publications and personalities, and their statement regarding the EOS price prediction, which will give us a better idea:

1) WalletInvestor

Investing in EOS could turn out to be a favourable investment for investors, according to WalletInvestor, They claim that it will hit $911 in 2023.

2) DigitalCoinPrice

According to DigitalCoinPrice, EOS will trade between $6.29 and $7.39 by the end of 2021.

3) TradingBeasts

According to TradingBeasts, By the end of 2023, EOS price may reach $4.83.

Our EOS Predictions

EOS entered the year 2021 with a price of $2.63 and anticipated to grow further. EOS is a great enabler for building decentralized applications that support developers and engineers. It might provide more scalability to its users. It might end the year 2021 with a price of $5.75 and may trade at $15 in the future.

FAQ

What Is EOS?

EOS is a platform that is designed to allow developers to build decentralized apps (DApps)

Can EOS be mined?

No, EOS cannot be mined as the number of tokens are fixed.

Can EOS reach $20?

Yes, EOS might reach $20 in the future.

Who are the Founders of EOS?

The EOS platform was developed by the company Block.one, and its white paper was authored by Daniel Larimer and Brendan Blumer.

Is it worth buying EOS?

Yes, EOS can be worth buying as its price might likely increase.

EOS claims to process millions of transactions, making it the fastest blockchain technology, while Ethereum will only process 30 transfers per second against Ripple’s which is considered the fastest blockchain with 1,500 transfers

Source: https://coinpedia.org/information/eos-price-prediction/

Coinpedia

XRP Price on a downtrend! A steep fall to $0.60 level expected

As XRP observes a downwards breakout from the consolidation channel, the bears dominate the asset’s price action, according to the Ripple price analysis.

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ripple <a class=xrp jump” data-lazy-src=”https://image.coinpedia.org/wp-content/uploads/2021/03/06120647/ripple-xrp-jump.webp”>

As XRP observes a downwards breakout from the consolidation channel, the bears dominate the asset’s price action, according to the Ripple price analysis. Despite the 15% drop, bearish pressure has not abated, and the price action continues to trend downwards.

As Ripple is continuing to head lower with no signs of recovery. It is being predicted XRP can fall as low as $1.60 level in days to come.

Reasons XRP could stoop

Preempted indications

Between August 13 and August 15, the price of XRP soared from $0.95 to $1.35. As a result of this run-up, sceptics and hesitant investors came out of the woodwork, and Ripple fell 18 percent to $1 in the weeks that followed.

The greedy buyers pushed XRP price to set up a swing high at $1.41, well above the August 15 swing high at $1.35. During the August 15 and September 6 peaks, the relative strength index (RSI) formed a lower low, resulting in a bearish divergence.

Collapse of support level

The recent breakdown of a stable support floor is the second and equally important cause. As markets fell today, the price of XRP sliced through the demand zone, ranging from $0.96 to $1.01.

This section of the barrier is critical because it has been in use since early April. Breaking below this level will turn it into a tough resistance level, preventing any short-term buying pressure from reclaiming it.

Furthermore, there is still a large gap between the current RSI level and the oversold zone, indicating that the remittance coin has not yet bottomed.

On chain metrics

By the end of the first week of September, the number of daily active addresses had risen to around 31,316. The number of investors interacting with the Ripple blockchain is decreasing as XRP declines.

This metric reached a lower high of 28,761 on September 17, representing an 8.15 percent decline in 11 days.

This decrease indicates that the market participants are uninterested in the prospects of XRP price right now and are likely converting/selling their holdings, leading to a downtrend.

Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

Source: https://coinpedia.org/price-analysis/xrp-price-on-a-downtrend-a-steep-fall-to-o-60-level-expected/

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Cardano’s Big Partnerships Underway, Will It Fuel ADA Price to Hit $10?

Cardano’s accumulation phase remembers historical footprints manifesting Cardano price to hit $10 could be fueled by multiple partnerships

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cardano partnership

Cardano ecosystem is gaining much attention and adoption every new day. As per the research made by Outlier Ventures, lauded Cardano is the most developed ecosystem among 50 open-source networks. Moreover, Cardano is giving a tough time to Ethereum as a number of NFT platforms are switching over.

One day after the launch of the Alonzo upgrade, Ethermobs was the NFT platform to switch over to Cardano blockchain. And the main reason behind the switch is Ethereum’s high gas fees. However, such premium gas fees are prohibitive to new or more niche platforms.

Alright it’s decided.
EtherMobs with switch sides.#ETH >>>#ADA
Since the gas fee is pretty high EtherMobs will be based on a #Cardano blockchain.

— EtherMobsCNFT (@EtherMobs) September 13, 2021

Additionally, it takes very little time to switch to Cardano as IOHK has built an ERC-20 converter to easily bring over the projects. With Cardano’s Alonzo upgrade welcoming 100 smart contracts in the first 24 hours, speculations heat up on ADA partnerships.

The Crypto community is now awaiting the Cardano Summit that will kick off on September 25 and 26. Further speculations turned up with regards to deals that will impress the Cardano community base. Moreover, the community is expecting collaborations with reputed organisations, which could make a positive impact on the Cardano ecosystem.

Also Read: Cardano Price to blast Out of Consolidation! Big Gains await for ADA Price

Amid Raising Bullish Sentiments, Reports Say ADA Price Could Surpass $10!

Though, Cardano’s smart contracts didn’t affect the price. ADA’s social trends and the ongoing strong consolidation phase is manifesting Cardano price to hit new milestones anytime soon. Reports from Santiment, a crypto metric platform, indicated that Social trends and other rising topics provided above include strong buy calls following the latest dip.

The present Cardano price consolidation phase is somewhat looking similar to November 2020 and January 2020. After which ADA price had massive gains. At the press time, Cardano is trading at $2.48 as the altcoin failed to find support at $2.65. ADA price has the strong potential to surpass $5 if it breaks at a resistance level of $3.10.

Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

Source: https://coinpedia.org/news/cardano-big-partnership-underway-will-it-fuel-ada-price-to-hit-10/

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Coinpedia

Cardano Price Prediction : Analyst Bullish on ADA Amidst Tech flaws Rumor!

Due to concerns that the Cardano blockchain might be unable to accommodate a significant number of smart contract transactions, the price of the ADA token

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Due to concerns that the Cardano blockchain might be unable to accommodate a significant number of smart contract transactions, the price of the ADA token has dropped by 8.5 percent to $ 2.58. The token’s market valuation has dropped to $ 86.4 billion.

Amidst bearish sentiment in the market analyst Jason Pizzano has made a bullish prediction for ADA in the present bull run.

The Elliott Wave theory, which projects future price movement by looking at crowd psychology that manifests in waves, is used by Pizzino to make the case for ADA’s next leg up.

Cardano, according to Pizzino, has finished waves one through four and is currently in the fifth and final wave.

He says he is looking forward to seeing how the waves play out. He points out that $0.10 to $2.47 was the largest wave. He goes on to say, When it comes to Elliott, the third wave is always the largest.

He notes,Wave one (from $0.01 to $0.17) and wave five (current leg) are roughly equal. This does not have to be the case, but it is what we can expect to see. We’re merely going to speculatively price some things to give us some numbers.

Further, wave two is the pullback from $0.15 to $0.08, wave four is the correction from $2.47 to $1.00.

Cardano Price : Wave 5 to top at $11

Pizzino uses the strength of ADA’s first wave, which rallied over 900 percent between April and July 2020, to compute the height of Cardano’s fifth wave.

“What do we get when we if we do an 800% or 900% from the low that was put in in June and July… That would bring us to around our $8 mark… Maybe we hit a 1,000% return from that point. That’s going to bring us up to $10 or $11.”

Pizzino’s highest aim of $11 is a 290 percent upside potential from Cardano’s current price of $2.80.

Cardano, according to Pizzino, has finished waves one through four and is currently in the fifth and final wave.

Source: https://coinpedia.org/price-analysis/cardano-price-prediction-analyst-bullish-on-ada-amidst-tech-flaws-rumor/

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