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EOS price moves across $2.580

EOS price moves across

The EOS price line turned bullish and moved across the $2.580 level, after which it returned below the $2.500 mark before the day came to an end.

1-Day EOS Price Analysis (12th April)

EOS Price Chart

EOS Price Chart by TradingView

The price line for the cryptocurrency moved upwards on the 12th of April. The coin stood right above the $2.500 mark at the beginning of the day, while it cryptocurrency saw a low of $2.460 in the first quarter of the day. The cryptocurrency turned bullish and the price line moved across the $2.580 level by 16:00 GMT. The coin kept its trade at the $2.580 level until it saw a bearish momentum at 22:00 GMT, and the price line fell below the $2.540 mark. The cryptocurrency saw further decline that made the price fall below the $2.500 mark. The coin closed with a trading price of $2.469 US Dollars.

EOS: technical indicators

EOS Featured Price Chart

EOS Price Chart by TradingView

The 20-Day Exponential Moving Average (EMA) closed at the $2.509 mark, while the 50-Day Moving Average (MA) moved above the 20EMA after 22:30 GMT, and closed at $2.531.

The Relative Strength Index (RSI) fell to a low of 16.14 at 22:16 GMT, while it closed at 14.95. This means that the coin was highly oversold at these two instances.

Featured Image by Alexander Stein.

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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