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
EOS Price Chart by TradingView
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.
