EOS (EOS) Closes Prior Hour Up 0.58%; in a Downtrend Over Past 14 Days, 2 Day Down Streak Snapped

The Hourly View for EOS

Last Updated June 10, 2021, 07:017 GMT

Currently, EOS’s price is up $0.03 (0.58%) from the hour prior. EOS has seen its price go down 4 out of the past 5 hours, thus creating some compelling opportunities for bears. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. Most noteworthy in the world of moving averages on the hourly chart is that the 20 hour moving average has been crossed, with price now being above it. 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

5.34 (USD) was the opening price of the day for EOS, resulting in the day prior being one in which price moved up 5.64% ($0.285) from the day prior. The price move occurred on volume that was down 39.45% from the day prior, but up 19.04% 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 the day prior. The daily price chart of EOS below illustrates.


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. The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For another vantage point, consider that EOS’s price has gone up 5 of the previous 10 trading days.