EOS Price Analysis: meets 3.5$ price line

After the ruffled set of variations in the EOS price chart, the bulls have dragged the cryptocurrency over the $3.450 price level to meet $3.500 on November 4, 2019.

5-Day EOS/USD Chart

EOS Price Analysis: meets 3.5$ price line 2

EOS price chart by Trading View

As per Trading View’s EOS price chart, the cryptocurrency started at 3.389 US dollars on 30th October, after which it took a dip below the 3.200 US dollars price line on the same day. The ups and lows for the graph lay between the 3.200 and 3.300 price levels from October 30 till November 1.

The cryptocurrency stayed above the 3.300 price level for November 2, after which it experienced a brief drop for November 3. The bulls managed to take the EOS price past the 3.450 price level on 4th November, marking its peak of 3.503 for the 5-day price analysis.

EOS Price: What to expect?

EOS Price Analysis: meets 3.5$ price line 3

EOS Chart by Trading View

As per the chart above, the 50-day Moving Average is at 3.467 and is said to close at $3.275, while the 20-day Exponential Moving Average (EMA) has also increased to $3.47 and will close at 3.289 from its low of $3.257 from 4th November. The Relative Strength Index (RSI) currently lies above level 40, at 47.05.

Briefly,

EOS opposes its stable price graph from November 1, with a more recent increase in its price. At the time of writing, the cryptocurrency trades at $3.46.

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