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Home News EOS News

EOS Price: another fall to $2.1

Aroosa Nadeem by Aroosa Nadeem
Dec 18, 2019 at 03:54 am
Updated Aug 02, 2020 at 07:05 am
in EOS News
1 min read
EOS Featured Image
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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

EOS Price Chart

Price Chart by TradingView

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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

EOS Price Analysis

Price Chart by TradingView

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.

 

Featured Background Image by Jay Mantri.

Aroosa Nadeem

Aroosa Nadeem

A media graduate and passionate media person Aroosa has a knack for digital media journalism and outreach. She has contributed content to different digital media publishers in a variety of areas including technology, health and finance.

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