EOS price sees trades across the $3.100 mark before retreating below the $2.970 level before the end of January 11.
1-Day EOS Price Analysis (11 January)
The coin’s trading price stood at $2.969 US Dollars at the start of January 11. At 01:15 GMT, the cryptocurrency’s price line saw a bounce towards $3.027 US Dollars, immediately after which the price line returned below $3.000. The EOSUSD trading pair stood below $3.000 until 07:00 GMT, after which it saw a bullish pull that took the price towards the $3.050 mark. The trading pair exhibited disheveled price movements until 15:26 GMT when EOS saw bulls, and the price line saw an incline towards the $3.100 mark.
At 2:17 GMT, the EOS price line saw its day’s high at $3.132 US Dollars, right after which the cryptocurrency saw a discontinuous decline towards $2.956 US Dollars by the end of the day.
Moving Average Convergence Divergence (MACD)
The Relative Strength Index (RSI) is currently placed under the 50 mark, at 39.34 on the graph, after a long day of ruffled movements. The 20-Day Exponential Moving Average (EMA) closed trade at $3.793, above which the 50-Day Simple Moving Average (SMA) closed at $2.992.
Featured Image Background by Rohit Tandon.
