Connect with us

Coinpedia

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,

Published

on

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

Crypto Exchange Bitwells Has Launched 100% Deposit Bonus|

Bitwells, a rising cryptocurrency derivatives exchange, has launched a 100% deposit bonus activity for every user. The exchange provides 100x leveraged contracts for difference (CFD) covering multiple trading pairs. Advertisement The bonus activity is launched to help traders increase profitability, especially given the bullish outlook of Bitcoin and altcoins. Bitwells’ CFDs service aims to enable global …

Published

on

bitwell

Bitwells, a rising cryptocurrency derivatives exchange, has launched a 100% deposit bonus activity for every user. The exchange provides 100x leveraged contracts for difference (CFD) covering multiple trading pairs.

The bonus activity is launched to help traders increase profitability, especially given the bullish outlook of Bitcoin and altcoins. Bitwells’ CFDs service aims to enable global traders to invest in cryptocurrencies in both bull and bear markets, by longing and shorting crypto assets.

“Bitcoin is only steps away from being mainstream. Recently we recorded a new high of trading activities on Bitwells, which we believe could be a positive signal showing traders’ confidence and enthusiasm for cryptocurrency. With the supply crisis of Bitcoin, we are confident that Bitcoin could hit $100,000 in 2021.” commented Nick Johnson, senior analyst of Bitwells.

What Is a 100% Deposit Bonus?

When you deposit into Bitwells, the same amount of bitcoin will be accredited to your account (max. 10 BTC each deposit). If you deposit 1 BTC, you will get 2 BTC. The bonus is not withdrawable, but traders can use it as a margin to open bigger positions and take more profits. Profits made with the bonus are withdrawable.

Why Trade on Bitwells?

  • No KYC and high security: We highly respect your privacy and security. Your crypto assets are stored in cold wallets to avoid hacking.
  • High liquidity and super-fast execution: Our orders come from 15 market makers to ensure high liquidity. Bitwells executes 200K orders per second with minimum spreads.
  • Demo account: practice with the demo account to improve your skills.
  • 24/7 support: Our support team is always there to help you with any inquiries and provide market analysis and industry news

If you want to ride the crypto bull, don’t miss this opportunity to double your funds.

Register now to get the bonus!

PR Manager

Press release about recent ICOs, announcement from startups, new cryptocurrency launch by firms and unlike.

Source: https://coinpedia.org/press-release/bitwells-launched-deposit-bonus/

Continue Reading

Coinpedia

Litecoin Poised to Follow Dogecoin Path to the Moon!

Litecoin on the other hand was also showing strong momentum and, according to a trader, it could follow DOGE’s Path to the moon.

Published

on

In only one week, the meme cryptocurrency has risen from $0.05 to more than $0.30 cent. Dogecoin’s demand is skyrocketing as cryptocurrency becomes increasingly common around the world. DOGE price increased by more than 181% in less than 24 hours, resulting in a surprising Dogecoin bull run.

Litecoin Price on the other hand was also showing strong momentum and, according to a trader, it could follow DOGE’s Path to the moon.

DOGE, Bitcoin, Ethereum Classic, Bitcoin Cash, Bitcoin SV, and Litecoin are among the six cryptocurrencies that Robinhood allows its users to exchange. DOGE’s current price behavior, according to trader and analyst “Pentoshi,” is due to this site.

Pentoshi also said that LTC’s price has benefited from PayPal’s crypto services. Pentoshi set support at 444,976 satoshis in the LTC/BTC trading pair, with a long-term goal of 996,579 satoshis. On the DOGE and LTC mining cycles, the trader added the following:

$DOGE and $LTC are mined together. Both have the same cycles shown here: They are cyclical and repeat their fractals. Litecoin is just starting! It’s all there when you zoom out. History simply repeats.

Litecoin (LTC) Price To Hit All-Time High!

LTC metrics like Net Network Growth, a metric to calculate Litcoin’s “real” network growth, Large Transactions, Concentration, and others are bullish, according to data from IntoTheBlock. Because of the rise in volume and open interest, the Futures Market Momentum is also bullish.

About $268 and $287, the metric In/Out of the Money Around Price suggests more appreciation and support for LTC. Near these numbers, over 100,000 LTC addresses purchased nearly 2 million LTC.

Crypto trader Kaleo backed up the bullish argument by claiming that LTC’s price would hit $1,000 “imminently” and even set a higher target of $2,000. Hence Litecoin investors seem to have enough reasons to remain bullish

Starting to not sound incredibly crazy anymore, huh?

— K A L E O (@CryptoKaleo) April 15, 2021 Pentoshi also said that LTC’s price has benefited from PayPal’s crypto services. Pentoshi set support at 444,976 satoshis in the LTC/BTC trading pair, with a long-term goal of 996,579 satoshis. On the DOGE and LTC mining cycles, the trader added the following:

Source: https://coinpedia.org/altcoin/two-hugely-undervalued-altcoins/

Continue Reading

Coinpedia

XLM Price Analysis: Stellar Optimism Inspires Run for the 4th Day in a Row

Stellar (XLM) strives to consolidate gains and it’s reinforced by rising moving average (MA 50) that eased downside pressure and keeps in

Published

on

Stellar (XLM) upside run returns after hitting lows of $0.4535 on Apr. 7 as buyers embrace rebound and lifted price above earlier restrictions to $0.6562 yearly high.

*XLM/USD sustains upside run for the 4th day in a row
*Stellar (XLM) strives to consolidate latest gains after Apr. 7 plunge
*Stellar (XLM) exceptionally high funding rates worrisome

After having established a solid support base at $0.4535, the price has rallied back towards a yearly high at $0.6562. A bullish breakout past the yearly high could lead to a sharp spike as a result of triggering stop-losses and momentum buying. The pair stands beneath the recent yearly high in early Tuesday’s trading, but near-term action sustains an upside run for the 4th day in a row. After the pullback from the new one-year high at $0.6562, XLM found footstep at $0.4535 on Apr. 7, Stellar (XLM) strives to consolidate gains and it’s reinforced by rising moving average (MA 50) that eased downside pressure and keeps in play hopes of fresh advance while the price remains above this level.

Stellar Funding Rates Overextended

Long and short traders will pay funding rates regularly depending on the disparity between the perpetual contract market and the spot market. Long traders would compensate short traders if the funding rate is positive, and inversely. At 0.25 percent on Binance and as high as 0.29 percent on Huobi, the existing XLM funding rates are highly overextended. Funding rates of 0.1 percent or higher, according to some analysts, are important. According to Viewbase metrics, Stellar’s rates are higher than 0.1 percent on Binance, FTX, Huobi, and Okex.

XLM Daily Chart: Bullish XLM/USD Daily Chart

In the near term, the XLM/USD is expected to test the overhead resistance of the weekly high at $0.6562. The lift above the yearly high is needed to signal a higher low ($0.5766) and open way for further rise, while later continuing with extended sideways mode but with existing downside risk, which could be expected while towards the moving average (MA 50).

On the other side, XLM bearish scenario sees possibilities of a deeper correction of the four consecutive day’s run of $0.4817/$0.6562 rally on a firm break of $0.5469 support and a higher low of Apr. 7 at $0.4535. In the case of the price surging above the $0.6562 level, the pair could encounter resistance at the upper horizontal line at $0.7000 and the $0.7500 mark.

XLM/USD 4-Hour Chart: Ranging XLM/USD 4-Hour Chart

XLM/USD retreated to the immediate horizontal support line at $ 0.6050 after easing below formed resistance near $0.6562, which crossed with the upper wick of the yearly high candlestick. The rising moving average (MA 50) protects the positive pattern. Despite a slight pause in the falling trajectory of the uptrend, the rising sentiment of the XLM has not yet reflected any clear opposite shift towards positive price movement.

However, short-term oscillators convey mixed directional momentum signals and thus contribute to an unclear near-term outlook. The 4-hour moving average of 50 and 200 remains below the price and moves more and more towards the middle of the chart above the sell threshold, while the RSI tries to hold higher in bullish territory.

Key Levels
Resistance Levels: $0.7500, $0.7000, $0.6562
Support Levels: $0.6050, $0.5666, $0.5469

Image Credit: Tradingview

Note: coinpedia.org is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event.

Long and short traders will pay funding rates regularly depending on the disparity between the perpetual contract market and the spot market. Long traders would compensate short traders if the funding rate is positive, and inversely. At 0.25 percent on Binance and as high as 0.29 percent on Huobi, the existing XLM funding rates are highly overextended. Funding rates of 0.1 percent or higher, according to some analysts, are important. According to Viewbase metrics, Stellar’s rates are higher than 0.1 percent on Binance, FTX, Huobi, and Okex.

Source: https://coinpedia.org/price-analysis/xlm-price-analysis-stellar-optimism-inspires-run/

Continue Reading

Trending