The EOS price line sees a steep fall before the end of the 19th of February. The coin fell from its previous resting value above the $4.550 mark to a low near the $3.700 level. The coin saw some retracement towards the $4.00 mark as it approached the 20th of February. Currently, EOS trades with a day’s range of $3.803 — $4.058.
1-Day EOS Price Analysis (20th February)
After seeing some price recovery towards the $4.00 mark, the cryptocurrency kept its trade between the $3.900 and $4.000 marks until the end of the day. The coin seems to have found another resting price between the $3.950 and $4.000 marks on the price chart for the 20th of February.
At the time of writing, the EOS / US Dollar trading pair lies at a value of $3.947 US Dollars.
EOS: Technical Indicators
The 20-Day Exponential Moving Average (EMA) and the 50-Day Moving Average (MA) can be seen sketching their paths close to the EOSUSD pair. The technical indicators drifted away from the trading pair when EOS saw the bearish momentum on the 19th of February. The EMA closed at $3.941, whereas the MA closed under the EMA at $3.939.
The Relative Strength Index (RSI) concluded the day at 54.72, while it slipped below the level 25.00 on the scale to reach a low of 17.74. According to CoinMarketCap, the fall marks a 10.03% decrease in the coin’s price.
Featured Image by Davisco
Disclaimer: The information provided is not trading advice but an informative analysis of the price movement. Cryptopolitan.com holds no liability towards any investments based on the information provided on this page.