EOS price sees bulls in the afternoon of January 24 to climb towards the $3.700 mark on the 1-Day price chart. The cryptocurrency had moved below the $3.400, as a result of the bearish movement that the price line encountered earlier into the day.
1-Day EOS Price Analysis (January 24)
According to the chart posted above, the cryptocurrency had a value of $3.556 US Dollars as it stepped onto the price chart for January 24. The price saw a decline in the earliest hours of the day, following which it met the $3.450 mark by 03:00 GMT, and continued drifting over the same price level until 09:02 GMT. The price further fell towards the $3.400 mark, and then the $3.350 mark, below which it marked the day’s low of $3.347 US Dollars at 09:51 GMT.
At 11:09 GMT, the price line exhibited retracement towards $3.500 US Dollars, and then it moved across $3.550 by 13:53 GMT. The EOS/USD pair was able to reach across the $3.600 mark by 14:33 GMT. After a set of ruffled price movements, the coin moved above $3.650 by 18:00 GMT and reached a day’s high of $3.702 US Dollars by 19:57 GMT. EOS closed January 24, with a trading price of $3.621 US Dollars.
Moving Average Convergence Divergence (MACD)
The Relative Strength Index (RSI) stands below level 50, at 46.59, whereas the 20-Day Exponential Moving Average (EMA) sketched along the 50-Day Simple Moving Average (SMA), to close the day with a value of $3.624. The SMA closed just above the EMA, at $3.625.
Featured Image by Carl Heyerdahl.