Million

<ul class="list-ic vertical">
 <li><span>1</span> <a>The whales have been consistently increasing their portfolio in EOS assets since February end.</a></li>
 <li><span>2</span> <a>EOS seems to be rising in its Social Dominance, Social volume, and Social followers.</a></li>
</ul>
<p>The EOS crypto OI data exhibits the Total number of open contracts. The Open Interest data analysis saw a continuous surge in the number of OI contracts in the recent sessions. During the past session, open contracts rose from 51 Million to 90 Million. However, there has been a short-term OI decline up to 68 Million and its most recent sessions currently stand at 71.67 Million. This highlights the EOS asset’s potential for a rise in future sessions.</p> <iframe loading="lazy" title="Santiment Chart: Price (EOS), Total Open Interest in USD (EOS)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=eos&amp;pt=EOS&amp;df=2023-09-13T18%3A29%3A59.210Z&amp;dt=2024-03-13T18%3A29%3A59.210Z&amp;emcg=1&amp;emhwm=1&amp;wm=price_usd%3Btotal_open_interest&amp;wax=0%3B1&amp;wc=%23268e43%3B%23e39110&amp;ws=%7B%22node%22%3A%22area%22%7D%3B" scrolling="no"></iframe>
<p>Similarly, the chart displays the activity of whales in the EOS crypto alongside the price movement in the same period. Whales have been consistently increasing their portfolio with EOS since February end. The EOS price has been showing short-term consolidation, which could be a sign of more whale accumulation, and the price surge could continue.</p> <iframe loading="lazy" title="Santiment Chart: Price (EOS), Percent of Stablecoin Total Supply held by Whales with more than 5 million USD" width="1170" height="425" src="https://embed.santiment.net/chart?ps=eos&amp;pt=EOS&amp;df=2023-09-13T18%3A29%3A59.210Z&amp;dt=2024-03-13T18%3A29%3A59.210Z&amp;emcg=1&amp;emhwm=1&amp;wm=price_usd%3Bpercent_of_whale_stablecoin_total_supply&amp;wax=0%3B1&amp;wc=%2326C953%3B%23FF5B5B&amp;ws=%3B%7B%22node%22%3A%22area%22%7D" scrolling="no"></iframe>
<p>Moreover, the social dominance indicator displays a positive trajectory; there is also a massive uptick in active users and X (formerly Twitter) chatter. These metrics confirm that EOS is popular. The increasing number of tweets mentioning the EOS Network suggests that it is among the trending tokens in recent times.</p>
<p>Moreover, the number of X followers isi surging. Overall, there is a clear rise in social dominance, social volume, and social followers for EOS.</p> <iframe loading="lazy" title="Santiment Chart: Social Dominance (EOS), Social Volume (EOS), Twitter Followers 7d (EOS)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=eos&amp;pt=EOS&amp;df=2023-09-13T18%3A29%3A59.210Z&amp;dt=2024-03-13T18%3A29%3A59.210Z&amp;emcg=1&amp;emhwm=1&amp;wm=social_dominance_total%3Bsocial_volume_total%3Btwitter_followers_7d&amp;wax=0%3B1&amp;wc=%23FF5B5B%3B%2368DBF4%3B%23FFCB47&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B%7B%22interval%22%3A%221d%22%7D%3B%7B%22interval%22%3A%221d%22%7D" scrolling="no"></iframe>
<h2 class="wp-block-heading" id="strong-eos-crypto-price-chart-shows-sustenance-can-it-fly-up-to-1-50-strong"><strong>EOS Crypto Price Chart Shows Sustenance, Can It Fly Up To $1.50?</strong></h2>
<p>The EOS price chart suggests that the price mustered greatly from the demand zone of $0.5250 to $0.9000. However, the crypto slipped as the price failed to bounce over it, and exhibited a price correction scenario in its incline and the price decreased to form a support at $0.6450.</p>
<p>After falling, the price of EOS crypto has made a powerful comeback, beating its previous high level, starting from a crucial support level of approximately $0.6450. The EOS crypto now appears ready to resume this monumental surge as it already went past its previous high of $0.9000 and is geared up to crack the above resistance level and display a price rise to new peaks from the current support level of $1.10.</p>
<p>The EOS crypto asset is revealing bullish potency and rising capability as it maintains above major 20 and 50-Day EMA bands. On observing the price chart data over the daily chart, the EOS asset is demonstrating bullish signs and has the potential to extend further. It has performed well in the past week, month, and quarter with a 16.89%, 63.23%, and 52.52% surge respectively, implying a solid uptrend.</p>
<p>At the time of publishing, the crypto had declined by 0.75% in the last 24 hours, and was trading at $1.1948 at press time. Therefore, if the demand for the EOS token increases unexpectedly, the asset price could jump back from the current level. Then the next goal for the price could be to reach $1.5000 while the resistance would be at $1.3500.</p>
<p>However, if the<a href="https://www.thecoinrepublic.com/2024/03/06/eos-price-looks-for-firm-footing-near-1-can-bulls-keep-the-pace/" target="_blank" rel="noopener noreferrer nofollow"> EOS crypto price</a> fails to stay above the $1.1000 level, it could decline further and could reach $0.9000 as well.</p> 
<p><a href="https://in.tradingview.com/chart/EOSUSD/ItFWOTMT-The-EOS-crypto-asset-is-revealing-bullish-potency/" rel="noopener noreferrer nofollow"> </a> <a href="https://in.tradingview.com/u/Sam_TCR/" rel="noopener noreferrer nofollow"></a><a href="https://in.tradingview.com/" rel="noopener noreferrer nofollow"></a></p> 
<h4 class="wp-block-heading"><strong>Summary</strong></h4>
<p>The EOS is displaying promising signs of growth. Open Interest (OI) data indicates a rising trend in the number of open contracts suggesting a potential increase in EOS’s value in upcoming sessions. Whale activity has also been on the rise since the end of February, with significant investments in EOS coinciding with a period of price consolidation. This could signal further price increases as large holders continue to accumulate EOS.</p>
<p>Similarly, social metrics are looking equally bullish with a notable increase in active users and X discussions about EOS, pointing to its growing popularity.&nbsp;</p>
<p>If demand for EOS token spikes, the price could rebound from its current level, potentially reaching $1.5000, with $1.3500 as an intermediate resistance. Conversely, if the price fails to sustain above $1.1000, it might fall to $0.9000.&nbsp;</p>
<p>Overall, the market sentiment for the EOS appears positive, with social and trading activities implying a strong upward trend.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<p><strong>Support Levels</strong>: $1.1000</p>
<p><strong>Resistance Levels</strong>: $1.3500</p>
<h4 class="wp-block-heading"><strong>Disclaimer</strong></h4>
<p>In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.</p>

Will EOS Crypto Price Keep On Rising To The $1.50 Mark?

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Thecoinrepublic.com

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