EOS (EOS) is one of the largest and most popular cryptocurrency projects in the world, with the coin currently ranking as the 7th largest crypto by market cap. EOS also holds a lot of potentials, and it is still considered to be a potential 'Ethereum killer.'
However, EOS is not so impressive when it comes to the performance of its price. Whether this will change in the future still remains to be seen. Even so, taking a look at its performance in the past may lead to some conclusions about where this project's price may be heading.
EOS before 2019
As you may know, EOS was launched back in July 2017, and after the initial price jump, which took the price to $5, the coin's value started dropping equally as rapidly, eventually leaving it at $0.5. However, as 2017 approach its final days, EOS joined Bitcoin's rally, surging all the way up to $18.16. After that, the market crashed, and EOS dropped to its resistance-turned-support at $5.
However, that was not the last big achievement that EOS had made in 2018. Only a few months later, in April/May of 2018, most coins' prices suddenly stopped dropping and started another surge. Many thought that this was the end of the bear market and that a new bull run was taking place once again. In reality, it was only a brief period of recovery, during which the bear market let go for a few weeks.