BTC$37 974.79


ETH$2 055.28




Binance Coin






EOS (EOS) Still Clings to the Multi-Week Resistance

July 2020

Contrary to other top and mid-ranked altcoins, EOS hasn’t been coping well with the consequences of the COVID-19 market collapse. The price of the 11th cryptocurrency did test the pre-crash level at $3.2 but was ultimately rejected to the long-standing support at $2.28, putting a halt on the aggressive bullish price action for the time being.

But presently, we see a small resurgence of the altcoin market that happens on the back of Bitcoin’s stagnation after the halving event and the sloping of BTC dominance. When it comes to EOS, the last seven days brought it the 12% appreciation of USD value and 10% in Bitcoin.

7-day EOS price action chart

Nevertheless, it is a weak performance on the part of a highly-ranked cryptocurrency with the underlying disruptive technology. Our EOS price analysis will tell whether the price would snap out of the state of catatonia and initiate a notable upswing or would it keep on ranging and eventually drops below the crucial level of support

Pressured down by the multiple layers of resistance

The weekly EOS/USDT chart shows that the price has been lying nearly flat for two months which could mean the departure of buyers from this market or the accumulation of a large position by big players before an explosive move to the upside, presumably to $4, where they could start offloading it.

1-week EOS/USDT chart

On the weekly time frame, we have designated four important price action level around which we based the further EOS price prediction:

All major indicators hint that EOS has no intention of leaving the comfortable range between $2.28 and $2.83 any time soon. MACD has been literally lying flat for nearly two months, displaying no will to move in any direction. RSI is also stuck in the neutral zone, floating between 40 and 50, hence confirming the overall dullness of the market. Stochastic, on the other hand, has been distinctively bearish, having made the corresponding crossover on June 22, right after the price had tested the support once again.

On this time frame, the price action over the two weeks won’t be any different from what traders saw recently. There is still a chance for a quick long play - enter at $2.6 and exit at $2.8 - but that all EOS has to offer at the moment. Those who would be willing to wait a little longer could set the price target near $3, as it is likely to constitute another point of rejection come the time of another bull run.

Author: Alex Paulson for


EOS Retains the Bearish Outlook
EOS Retains the Bearish Outlook
EOS Gets Back to Square One: Consolidation Ahead?
EOS Gets Back to Square One: Consolidation Ahead?
EOS: The Late Arrival At the Bullish Party
EOS: The Late Arrival At the Bullish Party
EOS (EOS) Is Hopelessly Bearish
EOS (EOS) Is Hopelessly Bearish
EOS in April 2020: the Picture Gets Clearer
EOS in April 2020: the Picture Gets Clearer
EOS Tanking Along With the Global Economy
EOS Tanking Along With the Global Economy
EOS Could Lead the Way to Altseason
EOS Could Lead the Way to Altseason
EOS: The plummeting popularity
EOS: The plummeting popularity
EOS: past, present, and future
EOS: past, present, and future

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 94% 7 $37 974.79 2.65% 3.21% $742 620 081 767 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 76% 50 $2 055.28 2.12% 3.49% $247 134 847 899 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 91.2% 1 $1.000205 0.02% -0.01% $88 917 133 121 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 83.2% 25 $230.20 1.89% -4.06% $34 920 472 818 BNB 7 days price change
5 XRP (XRP) XRP XRP predictions 74.4% 42 $0.611671 2.00% 2.53% $32 918 272 630 XRP 7 days price change
6 Solana (SOL) SOL Solana predictions 59.2% 87 $58.20 6.66% 8.25% $24 645 476 442 SOL 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 96% 1 $0.999716 -0.02% -0.02% $24 482 991 365 USDC 7 days price change
8 Cardano (ADA) ADA Cardano predictions 71.6% 62 $0.385539 3.00% 4.21% $13 608 842 925 ADA 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 74.8% 48 $0.080387 3.60% 7.77% $11 416 474 493 DOGE 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 94.8% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 TRON (TRX) TRX TRON predictions 82.8% 27 $0.103195 0.78% 6.00% $9 138 361 208 TRX 7 days price change
12 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 84.4% 30 $0.103028 0.42% 5.47% $9 123 536 549 WTRX 7 days price change
13 Toncoin (TON) TON Toncoin predictions 81.6% 31 $2.42 -0.45% 3.16% $8 314 438 840 TON 7 days price change
14 Chainlink (LINK) LINK Chainlink predictions 63.6% 69 $14.57 3.63% 4.11% $8 113 407 755 LINK 7 days price change
15 Avalanche (AVAX) AVAX Avalanche predictions 58.8% 86 $20.64 2.41% 0.41% $7 534 681 892 AVAX 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2023

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.