The EOS price line heads back above the $3.150 mark after falling below the $3.000 level just before the cryptocurrency stepped onto January 12.
1-Day EOS Price Analysis (12 January)
The cryptocurrency stepped onto January 12 after the price traced towards the $2.950 mark. The EOS price line began to show a quick price recovery just as the day started. The chart posted above shows a gradual price recovery towards the $3.100 mark, which was reached by the cryptocurrency closer to 01:30 GMT. After this recovery of value, the coin saw an abrupt upward movement across the $3.150 mark.
The cryptocurrency shows disheveled and ruffled price movements between 15:00 GMT until the end of January 12, and the price line is inclined towards the $3.200 price mark on the chart. Currently, the cryptocurrency stands at $3.190 US Dollars.
Moving Average Convergence Divergence (MACD)
In the featured chart for EOS, on January 12, the Relative Strength Index (RSI) is shown to be relatively variable, though it stayed in between the marks 30 and 70 through most of the 1-Day price analysis. Currently, the RSI is at 46.43.
The 50-Day Simple Moving Average (SMA) closed the trade at $3.190, whereas the 20-Day Exponential Moving Average (EMA) ended the day with a closing value of $3.192.
Featured Image Background by Dominik Schröder.