The Hourly View for EOS
Last Updated July 16, 2021, 04:021 GMT
At the time of this writing, EOS’s price is up $0.01 (0.21%) from the hour prior. EOS has seen its price go up 8 out of the past 10 hours, thus creating some compelling opportunities for bulls. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
EOS Daily Price Recap
EOS closed yesterday down 3.5% ($0.133); this denotes the 3rd day in a row a decrease has occurred. This move happened on lower volume, as yesterday’s volume was down 36.75% from the day before — and down 7.03% from the same day the week before. Out of the 7 instruments in the Top Cryptos asset class, EOS ended up ranking 4th for the day in terms of price change relative to yesterday. Here is a daily price chart of EOS.
EOS Technical Analysis
Volatility for EOS has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down. For additional context, note that price has gone down 6 out of the past 10 days.