The EOS price line heads towards the $3.640 mark after seeing highs above the $3.700 level, and a day’s low that lay under the $3.560 level. The cryptocurrency trades within a day’s range of $3.600 — $3.669.
1-Day EOS price analysis (3rd March)
The EOS price line started the day with a trading value near the $3.660 mark, after which it rose across the $3.70 level. The cryptocurrency retreated below the $3.620 level by 08:00 GMT and saw another rise towards the $3.720 mark. The coin reached a day’s high of $3.71 US Dollars. In the afternoon, the cryptocurrency saw a bearish momentum and the bears led the price line to a day’s low of $3.552 US Dollars.
EOS: technical indicators
The 20-Day Exponential Moving Average (EMA) stayed alongside EOSUSD while tracing above the 50-Day Moving Average (MA) through most of the day. The 20EMA can be seen at $3.645 at the time of closing for this 24-Hour analysis. At the same time, the 50MA closed above the 20EMA, at $3.652.
The last technical indicator for the cryptocurrency analysis, the Relative Strength Index (RSI), was seen at 33.86 at the time of closure. The RSI saw itself to a high of 80.62.
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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.