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EOS price rises to $2.5: what’s next?

EOS price rises to what s next

The EOSUSD pair headed across the $2.500 level on the 14th of April. The cryptocurrency fell below the $2.420 mark on the day before experiencing the bullish momentum.

1-Day EOS Price Analysis (14th April)

EOS Price Chart

EOS Price Chart by TradingView

The EOSUSD pair stood above the $2.440 level as the day started, and the coin showed a ruffled price trend over the price chart for the 14th of April. The price fell below the $2.420 mark, after which it regained value and saw bulls that led the price across the $2.500 level, where it saw a day’s high of $2.504 US Dollars. The cryptocurrency saw a gradual decline and closed at the $2.448 mark.

EOS: technical indicators

EOS Featured Price Chart

EOS Price Chart by TradingView

The 20-Day Exponential Moving Average (EMA) closed below the 50-Day Moving Average (MA), at the $2.464 level. The 50MA moved across the 20EMA line after 22:30 GMT and closed at the $2.471 mark.

The Relative Strength Index (RSI) turned bearish after 22:30 GMT and moved below the level 30.00 on the scale for the 14th of April. The RSI closed at 29.04.

Featured Image by Michal Jarmoluk.

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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