EOS price falls to 2.1 US Dollars after demonstrating stable price variations above the $2.300 mark on the price chart.
EOS Price 24-Hour Analysis
After EOS started its 24-Hour journey with a price of 2.363 US Dollars, the cryptocurrency saw a brief drop towards $2.340, where it continued trading with short-lived and relatively-stable variations in the price line until 13:40 GMT. Here, the trading pair gradually fell towards $2.280, and by 19:30, the cryptocurrency was subjected to a significant bearish drop that made the trading pair drop to 2.164 US Dollars.
At 19:44 GMT, the cryptocurrency saw its daily-low of 2.156 US Dollars, after which it retraced towards the $2.180 mark, where it continued ruffled price movements until it reached the current trading value of 2.196 US Dollars.
Moving Average Convergence Divergence
In the detailed chart above, both of the technical indicators have sketched smooth and consecutive lines until the cryptocurrency saw bears at 19:30 GMT, where the 20-Day Exponential Moving Average (EMA), and the 50-Day Moving Average (MA) fell below $2.20 on the graph. The EMA closed at $2.189, below which the MA concluded at $2.188. The RSI was seen at 62.40 at the time of writing.
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