EOS price gradually reaches below the $2.760 mark on the chart before it encounters bulls to retrace the price line to $2.860 US Dollars on January 7.
1-Day EOS Price Analysis (7 January)
EOS initiated the day’s trade with a value of $2.851, after which the price peaked beyond the $2.880 mark on the price chart, where it marked the day’s high of $2.890 US Dollars. The cryptocurrency was subject to a continuous as of 00:48 GMT. The price line depicted short-lived bounces until noon when it slipped below the $2.780 mark on the price chart. Following another bounce, the cryptocurrency retreated below $2.760 and reached the day’s low of $2.757 US Dollars by 15:55 GMT.
At 16:03 GMT, the cryptocurrency saw a bullish pull that took the price towards the $2.860 level. By 17:47 GMT, the coin had reached $2.868 US Dollars. Just before the end of the day, the cryptocurrency fell to $2.810 at 20:21 GMT and then rose back to reach a current trading price of $2.860 US Dollars.
Moving Average Convergence Divergence (MACD)
The Relative Strength Index (RSI) has stretched between the safe levels (30 and 70) for most of January 7. At 23:33 GMT, the RSI reached a high of 80.41.
The 20-Day Exponential Moving Average (EMA) closed at $2.864 while the 50-Day Simple Moving Average (SMA) concluded the day with a value below the trading pair’s price line, at $2.858.
Featured Image Background by Kristopher Roller.