In the 1-day price analysis, the EOS Price has seen a 2.29 percent increase. The overall graph marks a positive slope, concluding the price at 3.411 US dollars.
EOS/USD 24-Hour Price Analysis:
The cryptocurrency started the day off just above the $3.32 price level, which followed a series of frequent drops below the mentioned price level. The price gradually varied above the $3.34 price tag, after which it experienced a price-spike that cut through its current trading price.
The chart further depicts a bearish drop in the price line, immediately after which it retraced upwards. At this point, the cryptocurrency managed to cross the 3.42 US dollar price level, marking its daily high of 3.436 US dollars. According to the EOS price chart, the cryptocurrency had briefly hit a low of 3.306 US dollars earlier into the 24-hour price analysis.
According to TradingView, the cryptocurrency has depicted a price range of 3.325 to 3.435 US dollars.
EOS Price: the moving averages
As per the chart above, the Relative Strength Index (RSI) is shown just above level 50 as it continues to show ruffled movements along the upper half of the graph. Talking about the moving averages, the 20-day Exponential Moving Average (EMA) traced its graph closer to that of the trading pair’s, closing at 3.413 US dollars. While the 50-day Moving Average (MA) closed just below the trading pair’s current market value, at $3.410.
The cryptocurrency is expected to vary closer to the 3.4 US dollar price level.
Featured Image by Flickr.