EOS price chart depicts an inclining slope that took the trading price near $2.710, depicting an increase of 2.78%.
EOS/USD Price Chart: December 5
The trading pair started December 5 with a fall below the $2.630 mark, which immediately lowered the price line to its day’s low of 2.621 US dollars. The EOS/USD graph shows a gradual incline throughout the price analysis. EOS saw bulls closer to mid-day December 5 where the price line rose above the $2.700 mark, following a fall towards the $2.650 level. The cryptocurrency retraced above $2.690 and continued to vary between $2.670 and $2.690 until a bullish movement pulled the price towards the $2.720 mark.
At the time of writing, EOS rests at a trading price of 2.715 US dollars.
EOS Price: Detailed Analysis
The Relative Strength Index (RSI) has stayed in the safe zone for most of the price analysis, where it shows an overbought situation that led the RSI to a peak value of 84.91. The 20-Day EMA and the 50-Day Moving Average have sketched their paths with the trading pair, showing no abrupt changes in the trading pair’s value. The EMA closes at $2.697, below which the Moving Average closes at $2.684.
Featured Image Background by Yuriy Kovalev.