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Home News EOS News

EOS price rises above $4.650

Aroosa Nadeem by Aroosa Nadeem
Feb 07, 2020 at 04:24 am
Updated Aug 02, 2020 at 07:05 am
in EOS News
2 min read
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EOS price crosses the $4.650 mark on the price chart for February 06 and continues moving towards the $4.700 level. The coin stood below the $4.500 mark before February 05 concluded. EOS traded with a day’s range of $4.572 — $4.699.

24-Hour EOS Price Analysis (February 06)

EOS Price Chart

EOS Price Chart by TradingView

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The EOS coin moved below the $4.500 level after the price line started at the $4.550 on February 06. The cryptocurrency stayed below the $4.500 mark until after 03:36 GMT when the price saw a bullish movement and the coin was led above the $4.550 mark.

As seen in the chart above, EOS shows a ruffled price pattern that depicts a price increase until 13:22 GMT. The coin saw a fall at 13:23 GMT, and the price fell to $4.465 US Dollars. The cryptocurrency showed dishevelled price movements until after 21:00 GMT when the price experienced a bullish trend and moved across the $4.650 mark by 01:17 GMT on February 08.

Technical Indicators for EOS

EOS Featured Price Chart

EOS Featured Price Chart by TradingView

The 20-Day Exponential Moving Average (EMA) was seen at $4.668, whereas the 50-Day Moving Average (MA) was seen closing above the EMA, at $4.671. The third technical indicator, the Relative Strength Index (RSI) closed at 56.15.

Featured Image by Verne Ho.

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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