EOS price drops by 54% to $399. How to buy EOS at the bottom?

EOS started to see significant growth over the past few weeks, emulating the trend of Bitcoin and the market as a whole, but this uptrend appears to be coming to an end. After Bitcoin fell back to $33,000, the coin resumed trading in a bear market.
As of writing, the coin is trading at $3.99 on major exchanges, down 5.4% in 24 hours.
Token Price Analysis
EOS is currently trading in the area where most coins in the cryptocurrency market are trading. Most coins are trading in the red zone and EOS is no exception. However, the current price action of EOS indicates low volatility, so investors who enter the market now may avoid huge losses.
Buy EOS Now
The coin has broken below the $4 mark which would put the coin at a critical level. If the decline towards $3.50 and below continues, we will witness a strong bear market which could push the market down further. If the market continues to fall, the coin price will fall.
The coin may also resume its uptrend, which may lead the price back above $4. If the uptrend continues, investors may witness the coin price rise above $5, by which time the bulls will be strong enough. If investors buy on the dip in the current price, the coin price may consolidate at higher levels.
EOS’s blockchain is developing many use cases, which makes the EOS token popular. Due to its scalability, the token is being recognized as a strong rival to Ethereum and the token may break through the current lows and reach higher levels.
The most notable project to launch on EOS is BlockOne. The blockchain company recently received $10 billion in funding and launched the Bullish cryptocurrency exchange to compete with Binance and Coinbase.
Where to buy EOS
Those who want to buy tokens can do so on the eToro cryptocurrency exchange. The cryptocurrency exchange is very reputable because it offers unique features such as copy trading, which allows new users to learn from experienced traders. In addition, the exchange charges low trading fees, which is beneficial for traders.
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