The EOS price line rose above the $4.680 mark on February 07 before it retreated to the $4.560 — $4.640 trading range. As of now, the cryptocurrency trades with a day’s range of $4.463 — $4.605. The coin saw bears after February 08 started and it fell below the $4.500 mark.
1-Day EOS Price Analysis (February 07)
As seen in the 1-Day price chart above, the cryptocurrency can be seen subjected to bulls as the price line approached February 07. The trading pair was able to travel across the $4.680 mark before 03:00 GMT. The day’s high for February 07 is $4.696 US Dollars. The coin retreated to the $4.600 mark and showed dishevelled price movements until the end of the day. BCH saw another decline between 12:00 GMT and 15:00 GMT, the price fell to $4.512 US Dollars.
After the day entered February 08, the currency saw a bearish momentum and fell below the $4.500 mark to reach its current trading price of $4.474 US Dollars.
Technical Indicators for EOS
The 20-Day Exponential Moving Average (EMA) fell with the price line, closing the day near the trading pair, at $4.490. The 50-Day Moving Average (MA) closed above the EMA, at $4.523. The Relative Strength Index (RSI) slipped across level 70.00 at 22:30 GMT to reach 78.65. At the time of writing, the RSI lies at 32.23.
Featured Image by Jeremy Cai.
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.