EOS price retreats to the $3.800 mark after touching the $4.000 mark at the start of the 1-Day price analysis for January 18.
1-Day EOS Price Analysis (18 January)
The cryptocurrency stepped on the price chart for January 18 with a starting price of $3.891 US Dollars. The coin’s price line moves towards the $4.000 level, marking a day’s high of $4.003 US Dollars by 00:41 GMT. At 01:38 GMT, the cryptocurrency moved below the $3.950 mark, while it was subjected to a strong bearish movement at 03:52 GMT. The bears pulled the price below the $3.800 mark by 04:40 GMT. From 05:00 GMT to 12:00 GMT, the trading pair shows disheveled variations in the price.
In the afternoon, the EOS price saw bulls that allowed the price to retrace towards the $3.950 level, and at 15:19 GMT, the price line retreated towards $3.800. At the time of writing, EOS trades at $3.778 US Dollars.
Moving Average Convergence Divergence (MACD)
The Relative Strength Index (RSI) shows highly volatile variations mostly situated between the levels 30 and 70 on the graph for January 18. Currently, the RSI is located at 33.03. The 20-Day Exponential Moving Average (EMA) closed the day with a value situated between the 50-Day Simple Moving Average (SMA) and the EOS/USD trading pair’s price line (below), at $3.793. The SMA closed at $3.815.
Featured Image Background by Erika Fletcher.