$ 30,191.00 2.19%
$ 2,028.58 2.37%
$ 52.06 3.34%
$ 0.086338 0.78%
$ 7.95 1.67%
$ 1.39 2.11%
$ 0.000204 66.66%

EOS price returns to the $2.2 level: what’s next?

EOS price returns to the level what s next

The EOS price line rose across the $2.380 level on the price chart for the 24th of March. The cryptocurrency traded within a day’s range of $2.237 — $2.377, while it showed some noise in the price trend for the 24-Hour chart.

1-Day EOS Price Analysis (24th March)

EOS Price Chart

EOS Price Chart by TradingView

The cryptocurrency stood at the $2.300 level at the beginning of the 24th of March. The coin showed ruffled price movements between the $2.280 and $2.340 levels in the first quarter of the day, after which the price line exhibited noise on the 1-Day price chart for the rest of the day.

The coin reached a day’s high of $2.381 US Dollars before midday on the 24th of March, and it saw to the day’s closure with a trading price of $2.333 US Dollars. After another price recovery that was marked towards the $2.380 level, the price line abruptly fell towards the $2.260 level near midday on the 25th of March. At the time of writing, the cryptocurrency trades at $2.265 US Dollars.

EOS: technical indicators

EOS Featured Price Chart

EOS Price Chart by TradingView

The Relative Strength Index (RSI) stayed between its normal range (30.00 — 70.00) on the 24th of March, thus showing no oversold or overbought instances for the coin on this day. However, on the 25th of March, the RSI was observed at a low of 13.59 just before midday. This means that the coin was oversold at this instance of the day.

On the 24th of March, the 20-Day Exponential Moving Average (EMA) closed at $2.349, while at the same time, the 50-Day Moving Average (MA) was observed at the $2.355 mark. At the time of writing, the 20EMA stands at $2.278, while the 50MA stands at $2.269.

Featured Image by Ahmad Ardity.

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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