The EOS Price line sketches a similar path to the 1-Day price analysis from November 21, as the bears drag the price line below $2.70.
EOS/USD 1-Day Price Chart Analysis:
According to the cryptocurrency’s price chart above, the trading pair started the 24-hour price-trek just below the 2.85 US dollar price level. The EOS price line had marked its daily-high of 2.8628 US dollars early into the price analysis, after which it met bears near $2.80.
The cryptocurrency experienced steep price falls until it met its daily-low just under $2.50, at 2.4675 US dollars. The price line recovered its slope till $2.70 and concluded the day with a trading price of 2.6372 US dollars.
EOS Price Chart Analysis: Expected Price
The cryptocurrency remained in the green area for a short period at the start, after which it dropped into the red region for the rest of the 24-hour price analysis.
The 20-day Exponential Moving Average (EMA) stretches just above the trading pair’s price line and closes at $2.6428, while the 50-day Moving Average (MA) hit $2.6368 as the day concluded. The Relative Strength Index (RSI) stands below level 50, at 45.10.
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