After trading near the $2.9 mark on the price chart, the EOS price line encounters bears to meet a low of $2.76 near the end of January 08.
1-Day EOS Price Analysis (08 January)
The cryptocurrency started the day with a price of $2.853 US Dollars, while it saw bulls early into the day (at 00:43 GMT). The price line rose to a day’s high of $2.972 US Dollars by 00:55 GMT. This rise followed a fall where the price retreated to the $2.9 mark and continued trading near the price level until 12:29 GMT, after which the graph shows ruffled price movements for the cryptocurrency till 16:31 GMT. At 16:36 GMT, the price took another downfall, which led it below the $2.750 level, marking the day’s low at $2.720 US Dollars.
EOS price experienced disheveled movements until the end of the day, where it trades at $2.763 US Dollars.
Moving Average Convergence Divergence (MACD)
The Relative Strength Index (RSI) reached a high of 87.74 at 00:56 GMT, while it is currently placed below level 30, at 27.51. The 20-Day Exponential Moving Average (EMA) was seen closing below the other MACD line (50-Day Simple Moving Average (SMA)), at $2.774. The SMA closed at $2.781.
Featured Image Background by David von Diemar.