The Hourly View for EOS
Last Updated April 28, 2021, 03:017 GMT
At the time of this writing, EOS’s price is down $-0.01 (-0.13%) from the hour prior. This is the 3rd straight hour EOS has seen its price head down. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. Price action traders may also wish to note that we see a pin bar candlestick pattern on EOS. Given that we see an uptrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting. 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 came into today up 3.29% ($0.193) from the open of the day prior, marking the 2nd day in a row an upward move has occurred. This move happened on lower volume, as yesterday’s volume was down 15.92% from the day before — and down 66.97% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, EOS ranked 5th since the day prior in terms of percentage price change. Let’s take a look at the daily price chart of EOS.
EOS Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down. For additional context, note that price has gone down 7 out of the past 10 days.