To start with, we finally have some positive news about our favourite EOS here! EOS is in recovery mode
EOS had the lowest position of the Sunday of $3.08. The coin has gained over 8% in recent 24 hours.
EOS has overtaken the position of Bitcoin Cash from the 4th position in cryptocurrency rating provided by CoinMarketCap. The victory did not last long and currently the EOS coin is back at the 5th place with the market value slightly over $3B at the time of writing. Also, Stellar does not give up and threatening to push EOS to the 6th position.
To sum up all the news, at its current price, EOS is still 85.54% less from its all-time high of $22.98 set on April 29. Therefore, my predictions is that price will be around 3, 44$ during next 24 hours and in this case it will be a sign of stabilizing and more or less strengthening position.
A sustainable movement above $4.30 is needed to improve the longer-term picture.