EOS (EOS) Closes Last Hour Down $-0.03; 5 Day Down Streak Broken, Crosses 50 Day Moving Average, in a Downtrend Over Past 14 Days

The Hourly View for EOS

Last Updated April 27, 2021, 03:017 GMT

At the time of this writing, EOS’s price is down $-0.03 (-0.56%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 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 is up 17.17% ($0.859) since yesterday, marking a reversal from the day prior — and the end of a 5 day negative run. The change in price came along side change in volume that was up 17.83% from previous day, but down 71.18% from the Monday of last week. Relative to other instruments in the Top Cryptos asset class, EOS ranked 2nd since yesterday in terms of percentage price change. Let’s take a look at the daily price chart of EOS.

EOS

EOS Technical Analysis

First things first: EOS crossed above its 50 day moving average yesterday. 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 down 8 of the previous 14 trading days.