Ellipsis (EPS) Price Prediction. Is EPS crypto a good investment?

The ambiguous Ellipsis crypto causes a lot of controversy concerning its legitimacy. Questions are caused by the downward trend in the price of Ellipsis, which began almost immediately after its launch as well as a strange token migration from EPS to EPX, which still did not improve the situation. 

If you own this asset and don’t know what to do with it, or are wondering if it is worth investing in Ellipsis while its value is at the bottom, forecasts from leading crypto analysts can help dispel the above doubts.

Ellipsis (EPS) Overview

Ellipsis was released on the basis of BNB Smart Chain (BEP20) in April 2021. About a year later, the company announced an upgrade to Ellipsis 2.0, including the introduction of smart contracts and token migration with a ticker change to EPX.The upgrade to version 2.0, which will open up new opportunities for more complex financial transactions on the platform, was supported by Binance.

Ellipsis (EPS) is now in the top 500 cryptocurrencies with a market cap of $25,217,975. The 24-hour trading volume was only $290,226, due to the migration to EPX tokens, which had a daily volume of $1,577,504.

Based on Binance Smart Chain and supported by the Curve Finance team, the project is credited with great potential. But does it really make sense to invest in EPS, especially in view of network upgrades and migration to EPX? An analysis of previous prices and Ellipsis coin price prediction from leading crypto analysts will help you figure this out.

Ellipsis Past Price Analysis

The current Ellipsis (EPS) price is $0.03486, which is down 3.51% since yesterday. Ellipsis has been demonstrating a downtrend in price for quite a long period of time. The highest EPS price could be observed in March-April 2021, shortly after its release, in the same period the price peaked at $21.29. However, in April of the same year, the price of the token began to drop sharply, so that at the end of May one coin could be bought for less than a dollar. Ellipsis hit its low of $0.03106 on November 21, 2022 and has only gained 12.23% since then.

EPS Coin Price Prediction

It can be concluded that given the low cost of the crypto, now is the time to invest in it. However, there is another side of the coin, where you can miss by investing in an asset that will completely depreciate. Therefore, it is also worth knowing what kind of ellipsis coin price prediction the leading crypto analysts express.

Ellipsis (EPS) Price Prediction 2022

As for 2022, most crypto analysts (CaptainAltcoin, DigitalCoinPrice, Price Prediction, etc.) agree that Ellipsis will trade in the range of $0.03 to $0.04 per coin.Only TechNewsLeader expects the price of the token to skyrocket to $0.10 to $0.11 by the end of the year.

Ellipsis (EPS) Price Prediction 2023

Regarding the EPS price in 2023, the opinions of cryptanalysts differ. 

Price Prediction does not foresee sharp jumps in the rate, assuming that on average the token will be traded around $0.060. The highest possible peak of Ellipsis according to their analysis is $0.070. 

DigitalCoinPrice predicts a minimum level of $0.0741 at which the EPS rate will be noticed. And the maximum level it can rise to in 2023 is $0.0884, which in this case would mean a ROI of 153.73%.

The most optimistic forecast is presented by TechNewsLeader, where the value of the EPS coin ranges from $0.15 to $0.17 in 2023. In this case, the ROI would be 387.94%.

Analysts at CaptainAltcoin, on the other hand, do not have optimistic expectations for Ellipsis’ price in the near future. According to their forecast, the EPS rate may lose about 30% of its current value during 2023, although by the end of the year it could gain up to $0.0424 per coin.

Ellipsis (EPS) Price Prediction 2025

Crypto experts at Price Prediction and DigitalCoinPrice have presented similar Ellipsis price predictions for 2025. It is assumed that during the year the EPS token will be traded between $0.12 and $0.16. TechNewsLeader again provided the most optimistic forecast, where one Ellipsis in 2025 can be sold for about $0.29 to $0.36. Whereas CaptainAltcoin again does not see much growth potential for Ellipsis, believing that the value of the token can only grow to $ 0.0706 in 2025.

Ellipsis (EPS) Price Prediction 2030

Many EPS token holders want Ellipsis to reach $1 in 2030, and their desire can be understood. However, most analysts doubt this possibility. CaptainAltcoin predicts a maximum EPS rate of $0.1766. The DigitalCoinPrice forecast is more optimistic: the estimated cost of Ellipsis is around half a dollar. According to the Price Prediction forecast, the token will not make it to $1 in 2030 and will be able to reach $0.97 at the maximum. TechNewsLeader alone expects new collaborations and innovations to help Ellipsis hit $2.35 and keep it from falling below $2.01 in 2030.

Summary

As you can see, most crypto analysts do not foresee Ellipsis’ tendency to skyrocket suddenly. In general, the forecasts are inclined towards a gradual upward trend. Depending on whether the upgrade to the new version is successful or not, the situation with the EPS token rate may change dramatically. 

So far, there are no prerequisites for making short-term profits from Ellipsis, at least in 2022. Perhaps EPS tokens can lie in your crypto portfolio waiting for better times. However, the asset is a high-risk investment option, so everyone must make their own decision as to whether to buy it or not.

FAQ

How much will EPS be worth?

In the short term, EPS could hit $0.10. In the long term (7 years), the token could skyrocket to $1 or even higher.

Will Ellipsis reach 1$?

Yes, it is possible, but not in the short term. Some analysts predict that such a rate will be no earlier than 2030.

How high can Ellipsis (EPS) go?

Some crypto analysts forecast that in 2031 the price of the token will reach $3.50. Some analysts predict that in 2031 the token price will reach $3.50. But EPS predictions, especially long-term ones, are more of an assumption of how the Ellipsis value scenario in the crypto market might develop. Analysts try to present the most likely forecasts based on technical analysis and available data, but no one can know for sure.

Disclaimer: Please keep in mind that the content of this article is not financial or investing advice. The information provided is the author’s opinion only and should not be considered as direct recommendations for trading or investment. Any article reader or website visitor should consider multiple viewpoints and become familiar with all local regulations before cryptocurrency investment. We do not make any warranties about reliability and accuracy of this information.