On November 9, the EOS price fell below 3.4 US dollars support level before its 24-hour journey, which concluded a price of 3.46 US dollars on November 10.
The cryptocurrency’s price was as low as $3.398 just below the bulls pulled the price line upwards on the graph, and this followed a series of ups and downs wherein the cryptocurrency scored a daily-high of $3.49. The cryptocurrency ended the day 24-hour trip with a price of 3.460 US dollars, which marks a 1.02 percent increase in the cryptocurrency’s value.
After recovering from the price drop that took place on November 9, the cryptocurrency now lies at a price level close to its price from November 7.
EOS Price Analysis: what to expect?
EOS price chart by Trading View
For the 1-day price analysis, the moving averages have sketched paths closer to one another. The 20-day Exponential Moving Average moved from a low of $3.09, all the way up to its high of $3.499. At the time of writing, the EMA stands at 3.450 US dollars. Just below the EMA, the Moving Average stands at the $3.458 price level.
The EOS price is expected to continue to vary between the $3.40 and $3.50 price levels.
Featured Image by Flickr.
