EOS price rises above $4.100

eos featured image january

The EOS price line climbed across the $4.000 mark on January 27 after it closed trade at the $3.650 mark at the end of January 26. The EOS/USD pair stood near the $3.950 mark at the start of January 28 and it immediately followed the bulls on the path towards the $4.100 mark.

1-Day EOS Price Analysis (January 28)

EOS Price Chart

EOS Price Chart by TradingView

According to the 1-Day price chart posted for January 28, the EOS/USD trading pair saw bulls just before it started the day’s trade. The bullish incline took the price line above the $4.100 mark by 00:58 GMT, from its previous resting price of $3.954 US Dollars. The cryptocurrency reached a day’s high of $4.127 US Dollars by 01:02 GMT, immediately after which it stepped onto a downward movement which concluded at 10:12 GMT when the coin reached $4.000 US Dollars.

After a couple of price bounces towards the $4.100 mark, the trading pair faced another decline and the price line slipped below the $3.900 mark before it retraced to the day’s closing value of $4.055 US Dollars.

Moving Average Convergence Divergence (MACD)

EOS Price Featured Chart

EOS Featured Price Chart by TradingView

As per the full-featured price chart above, the Relative Strength Index (RSI) was observed at a closing value just under level 60, at 59.94. The RSI followed a frequently-changing path over the day’s course.

The 20-Day Exponential Moving Average (EMA) met $4.047 on the price chart at the end of the day, whereas the 50-Day Simple Moving Average (SMA) stood below the EMA, at $4.018.

Featured Image by Patrick Hendry.

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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