After starting its journey at $3.621, the EOS price line has wandered below the $3.62 level for most of the time during the past 24 hours. At the time of writing, the cryptocurrency rests at $3.625.
1-Day EOS/USD Price Chart
On November 6, the bulls carried the EOS price to approach its high of $3.673, after which the price came down, wandering below the $3.62 price mark.
According to the price chart, the trading pair had spent most of its time out of the 1-day price analysis below the $3.600 mark. During this downward trip, the price line touched its low of $3.553.
EOS Price Analysis: Expectations
As per the chart above, the trading pair has traced ruffled moving averages, be it the 50-day Moving Average, which concludes at 3.614, down from its peak of 3.654.
The line traced by the 20-day Exponential Moving Average (EMA) observes various triangular movements in the graph, but the EMA depicted no impressive gains.
In the upcoming days, the EOS price is expected to sketch between the $3.3 and $3.7 price marks.
Featured image by Flickr.