In our last EOS Price Prediction we wrote that the price could rise from now on. This was due to the wick on the $2.15 support. But after that, the price continued to fall steadily. But how could things continue in the future? Today we explain to you about the EOS course!
The EOS price revisited the support around $2.15 the week before last. The following week the class performed a doji. Thus, the price could start a trend reversal in the next few weeks and hold the $2.15 support for now. The next target of the EOS price is around $3.58. There lies the next major resistance in the weekly chart. From this point, the price could start correcting again.
Due to the poor performance in the last bull run, we expect the EOS price to break the $2.15 support in the next few months. If this happens, which we expect, the price could be around $1.25 in 2023. This is where the next support is located, which is why we expect a crash towards $1.
The EOS price could completely lose importance in the next bull run. It has already weakened in the last one, which is why we assume that the project will disappear from the eyes of investors. EOS could still save itself through fundamental news. However, we see this as rather unlikely.
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