EOS price line sketches a disarranged pattern over the 1-Day price chart for December 16, before it reaches the $2.52 level.
EOS Price 24-Hour Analysis
After starting with ruffled variations in the price, the EOS graph saw bulls after 7:00 GMT on December 15, which led to a day’s high above the $2.590 mark. The cryptocurrency stayed above the $2.570 level until the afternoon when it lowered itself back to the $2.560 mark and continued through the rest of the day with disarranged variations. EOS stepped into December 16 with a trading price above the $2.560 mark, near which it traded until 8:00 GMT. The cryptocurrency saw an abrupt fall and reached a low placed above $2.510. At the time of writing, EOS trades at 2.529 US Dollars.
Moving Average Convergence Divergence
The Relative Strength Index for EOS depicted an oversold condition for the coin at 7:30 GMT, where the RSI reached below level 20. The 20-Day Exponential Moving Average (EMA) was seen sketching very close to the trading pair’s price line, and it concluded the day with the same value as the trading pair. The 50-Day Moving Average (MA) was seen at a closing value of $2.527.
Featured Image Background by Mitchell Luo.