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EOS price approaches $2.52

EOS price approaches

The EOS price line varied between the $2.480 and $2.580 levels on the price chart for the 21st of April. The cryptocurrency saw some price recovery towards the end of the day, after it had fallen below the $2.490 mark.

1-Day EOS Price Analysis (21st April)

EOS Price Chart

EOS Price Chart by TradingView

The price line had stood between the $2.510 and $2.520 levels just as the day began. the cryptocurrency’s price line showed a dishevelled trajectory between the $2.480 and $2.550 levels in the first half of the day. The EOSUSD pair had fallen down to a day’s low of $2.485 US Dollars just before it was midday on the 21st of April.

In the afternoon, the cryptocurrency saw a bullish momentum and the coin jumped across the $2.570 level, where it saw a day’s high of $2.574 US Dollars. The trading pair showed continued ruffled movements until it approached the end of the day, where it closed at a trading value of $2.526 US Dollars.

EOS: technical indicators

EOS Featured Price Chart

EOS Featured Price Chart by TradingView

The 20-Day Exponential Moving Average (EMA) closed at $2.530, while the 50-Day Moving Average (MA) closed above the 20EMA, at $2.540.

The Relative Strength Index (RSI) rose to a high across the 80.00 level on the scale for the 21st of April. A high value like 86.45 of the RSI indicates that EOS was overbought at that time. The RSI closed at 37.21 on the day.

Featured Image by Annie Spratt.

Disclaimer: The information provided is not trading advice but an informative analysis of the price movement. Cryptopolitan holds no liability towards any investments based on the information provided on this page.

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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