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EOS price falls to $2.500

EOS price falls to

The EOS price line turned bearish after reaching towards the $2.700 level on the 20th of April. The cryptocurrency was observed trading between the $2.440 and $2.700 levels for the day.

1-Day EOS Price Analysis (20th April)

EOS Price Chart

EOS Price Chart by TradingView

EOS entered the day with a trading value near the $2.600 mark. The cryptocurrency showed ruffled price movements between the $2.550 and $2.700 mark until after 16:00 GMT, while the coin had reached a day’s high of $2.693 US Dollars after midday no the 20th of April. The EOSUSD pair turned bearish after 16:00 GMT, which it fell below the $2.450 level, and reached a day’s low of $2.440 US Dollars. The EOSUSD pair saw some price recovery before closing the day. At the time of closure, EOS had reached the $2.509 mark.

EOS: technical indicators

EOS Featured Price Chart

EOS Price Chart by TradingView

The 20-Day Exponential Moving Average (EMA) closed at the $2.513 mark, while the 50-Day Moving Average (MA) closed above the 20EMA, at 2.514.

The Relative Strength Index (RSI) fell to a low of 9.49 after 19:00 GMT, which indicates that the coin was extremely oversold at that instance. The RSI closed at 42.99.

Featured Image by Bruno /Germany.

Disclaimer: The information provided is not trading advice but an informative analysis of the price movement. Cryptopolitan holds no liability towards any investments based on the information provided on this page.

Aroosa Nadeem

Aroosa Nadeem

A media graduate and passionate media person Aroosa has a knack for digital media journalism and outreach. She has contributed content to different digital media publishers in a variety of areas including technology, health and finance.

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