EOS (EOS) Price Prediction 2022 – Will EOS Hit $10 Soon?

• Bullish EOS price prediction for 2022 is $1.197 to $4.641.
• The EOS price will also reach $10 soon.
• Bearish EOS price prediction for 2022 is $0.824.

In EOS (EOS) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about EOS to analyze the future movement of the cryptocurrency. 

EOS (EOS) Current Market Status

According to CoinGecko, the price of EOS (EOS) is $1.24 with a 24-hour trading volume of $270,240,431 at the time of writing. However, EOS has increased to 15.4% in the last 24 hours. 

Moreover, EOS (EOS) has a circulating supply of 1,002,734,695 EOS. Currently, EOS trades in cryptocurrency exchanges such as  Binance, Bybit, FMFW.io, OKX, MEXC, Huobi global, KuCoin, ZB.COM, Gate.io, and Bitrue.

What is EOS (EOS)?

EOS is the native cryptocurrency of the EOS.IO. EOS.IO is a blockchain-based decentralized operating system that was launched in June 2018. The network was founded by Block.one, a software firm. 

EOS (Electro-Operating System) network enables users and developers to create and launch dApps via the smart contracts on the blockchain. The transactions on the EOS.IO blockchain are secured by the delegated proof-of-stake (DPoS) consensus that incorporates Byzantine Fault Tolerance (BFT).

The EOS ICO which took place in 2017 and 2018 over an 11-month time span is recorded as one of the biggest token sales. EOS grants its holders access to the bandwidth and storage of EOS.IO.

EOS (EOS) Price Prediction 2022

EOS (EOS) holds the 49th  position on CoinGecko. EOS price prediction 2022 is explained below with a daily time frame.

The falling wedge is a bullish price pattern that represents a story about the market in which bulls are preparing for another push. A falling wedge pattern is bullish, although it appears after a bearish trend. The falling wedge pattern works as both a trend work as a trend reversal and a trend continuation pattern. If the falling wedge appears in a downtrend, it is considered a reversal pattern. 

A falling wedge is an important technical formation that signals that the correction, or consolidation, has just ended as the asset’s price left the wedge to the upside and, in most cases, the continuation of the overall trend is taking place.

Currently, EOS (EOS) is at $1.24. If the pattern continues, the price of EOS might reach the resistance level of $1.964, and $2.837. If the trend reverses, then the price of EOS may fall to $1.220, & $0.885.

EOS (EOS) Support and Resistance Levels

The chart below shows the support and resistance levels of EOS (EOS).

From the above daily time frame, we can clearly interpret the following as the resistance and support levels of the EOS (EOS).

• Resistance Level 1 – $1.197
• Resistance Level 2 – $1.873
• Resistance Level 3 – $3.154
• Resistance Level 4 – $4.641
• Support Level – $0.824

The charts show that EOS has performed a bullish trend over the past month. If this trend continues, EOS might run along with the bulls overtaking its resistance level at $4.641.

Accordingly, if the investors turn against the crypto, the price of the EOS might plummet to almost $0.824, a bearish signal.

EOS (EOS) Price Prediction 2022 — RVOL, MA, and RSI

The Relative Volume (RVOL) of EOS (EOS) is shown in the below chart. It is an indicator of how the current trading volume has changed over a period of time from the previous volume for traders. Currently, the RVOL of EOS lies below the cutoff line, indicating weak participants in the current trend.

Moreover, the Moving Average (MA) of EOS (EOS) is shown in the above chart. Notably, the EOS price lies above 50 MA (short-term), so it is completely in an upward trend. Currently, EOS is in a bullish state. There is a possibility of a reversal trend of EOS at any time.

Meanwhile, the relative strength index (RSI) of the EOS is at a level of 56.35. This means that EOS is in an oversold state. However, this gives confidence to the traders to trade without any fear.

EOS (EOS) Price Prediction 2022 — ADX, RVI

Let us now look Average Directional Index (ADX) of EOS (EOS). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.

The above chart represents the ADX of EOS (EOS). Currently, EOS lies in the range of 21.505, indicating a strong trend. 

From the above chart, the Relative Volatility Index (RVI) of EOS (EOS). RVI measures the constant deviation of price changes over a period of time. The RVI of EOS lies below 50, indicating low volatility. In fact, EOS’s RSI is at 56.35, thus confirming a potential buy signal.

Comparison of EOS with BTC, ETH

The below chart shows the price comparison between Bitcoin, Ethereum, and EOS (EOS).

From the above chart, it can be interpreted that ETH, BTC, and EOS are moving in a similar trend. This indicates that when the price of BTC increases or decreases, the price of ETH and EOS also increase or decrease respectively.

EOS (EOS) Price Prediction 2023

If the declining price action slows down in momentum and the trend reverses,  EOS (EOS) might probably attain $12 by 2023.

EOS (EOS) Price Prediction 2024

With several upgrades in the network, EOS (EOS) might enter a bullish trajectory. If the coin grabs the attention of major investors, EOS might rally to hit $17 by 2024. 

EOS (EOS) Price Prediction 2025

If EOS (EOS) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 3 years, EOS would rally to hit $25.  

EOS (EOS) Price Prediction 2026

If EOS (EOS) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 4 years, EOS would rally to hit $32. 

EOS (EOS) Price Prediction 2027

If EOS (EOS) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 5 years, EOS would rally to hit $38. 

EOS (EOS) Price Prediction 2028

If EOS (EOS) holds up a strong stance as a better investment option for the next 6 years, it might witness significant price rallies. Thus, by 2028, EOS would hit $45.

EOS (EOS) Price Prediction 2029

If investors flock in and continue to place their bets on EOS (EOS), it would witness major spikes. EOS might hit $52 by 2029.

EOS (EOS) Price Prediction 2030

With greater advancements in the EOS.IO ecosystem, the crypto community might continue to invest in EOS (EOS) for the next 8 years and drive significant price rallies for the token. Hence, EOS (EOS) might hit $60 by 2030.

Conclusion

With continuous improvements in the EOS.IO network, we can say that 2022 is a good year for EOS. For this reason, the bullish price prediction of EOS (EOS) in 2022 is $4.641. On the other hand, the bearish price prediction of EOS (EOS) for 2022 is $0.824.

Furthermore, with the advancements and upgrades in the EOS.IO ecosystem, the performance of EOS (EOS) might hit $8 gaining investors’ attention. It would also rise to reach above its all-time high (ATH) of $22.71 in the near future.

FAQ

Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

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