EOS Price: retraces to $2.86

EOS price gradually reaches below the $2.760 mark on the chart before it encounters bulls to retrace the price line to $2.860 US Dollars on January 7.

1-Day EOS Price Analysis (7 January)

EOS Price Chart

Price Chart by TradingView

EOS initiated the day’s trade with a value of $2.851, after which the price peaked beyond the $2.880 mark on the price chart, where it marked the day’s high of $2.890 US Dollars. The cryptocurrency was subject to a continuous as of 00:48 GMT. The price line depicted short-lived bounces until noon when it slipped below the $2.780 mark on the price chart. Following another bounce, the cryptocurrency retreated below $2.760 and reached the day’s low of $2.757 US Dollars by 15:55 GMT.

At 16:03 GMT, the cryptocurrency saw a bullish pull that took the price towards the $2.860 level. By 17:47 GMT, the coin had reached $2.868 US Dollars. Just before the end of the day, the cryptocurrency fell to $2.810 at 20:21 GMT and then rose back to reach a current trading price of $2.860 US Dollars.

Moving Average Convergence Divergence (MACD)

EOS Trading Chart

Price Chart by TradingView

The Relative Strength Index (RSI) has stretched between the safe levels (30 and 70) for most of January 7. At 23:33 GMT, the RSI reached a high of 80.41.

The 20-Day Exponential Moving Average (EMA) closed at $2.864 while the 50-Day Simple Moving Average (SMA) concluded the day with a value below the trading pair’s price line, at $2.858.

Featured Image Background by Kristopher Roller.