EOS Price sees continuous bearish movement after day’s high above the $2.840 level, as it drops below the $2.70 mark on December 2.
EOS Price Chart 24-Hour Analysis:
The EOS Price started its day below the $2.760 level, after which it took a short-lived trip below the $2.680 mark where it forms the lower half of a circle on the graph. The cryptocurrency saw bulls at $2.70, which took the price line over the $2.840 level and to a day’s high of 2.857 US dollars. The price line came down to $2.760 and continued ruffled price movements till it reached $2.740, after which it experienced a pullback and dropped to $2.680. On December 2, the price line travelled downwards again. Just as these lines are being written, the cryptocurrency trades just above the $2.6 mark, at 2.680 US dollars.
The moving averages are drawn very close to the trading pair’s price line, depicting no considerable variations in the cryptocurrency’s value for the 24-Hour price analysis. The 20-Day Exponential Moving Average closes at $2.695, while the 50-Day Moving Average is at $2.703. The Relative Strength Index concluded at 71.26. Currently, EOS has a market capitalisation of 2,532,650,217 US dollars as per coinmarketcap.com.
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