EOS price rises to $3.660

EOS price line trades near the $3.580 mark for most of January 20 before it rises above the $3.660 level. EOS price is moving slow but traders are confident that the price would gain momentum again.

1-Day EOS Price Analysis (January 20)

EOS Price Chart

EOS Price Chart by TradingView

The price line for the EOS/US Dollar trading pair stepped onto January 20 with a value of $3.609 US Dollars. The price line gradually decreased its slope while depicting dishevelled price movements until noon, when the cryptocurrency traded at $3.524 US Dollars. The price line continued to decline until 13:28 GMT when it reached the lowest value for the coin on January 20, at $3.480 US Dollars.

After the price fall, the cryptocurrency saw immediate retracement towards the $3.620 mark by 14:48 GMT. Exactly an hour after the coin touched $3.620, at 15:48 GMT, the cryptocurrency experienced another upward pull towards the $3.700 level and reached a day’s high of $3.698 US Dollars.

The cryptocurrency traded between the $3.620 and $3.680 levels on the price chart until it reached the end of the day, with a value of $3.611 US Dollars.

Moving Average Convergence Divergence (MACD)

EOS Price Chart Featured

EOS Price Chart by TradingView

The Relative Strength Index (RSI) is placed under level 50, at 30.37. The 20-Day Exponential Moving Average (EMA) stands below the 50-Day Simple Moving Average (SMA), at $3.610. While the SMA is marked at $3.624 by the end of the day.

Featured Image by Rodion Kutsaev.