EOS (EOS) Closes Prior Hour Up 1.6%; But Still in an Uptrend Over Past 14 Days

The Hourly View for EOS

Last Updated May 14, 2021, 00:018 GMT

At the moment, EOS’s price is up $0.17 (1.6%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as EOS has now gone up 4 of the past 5 hours. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. Most noteworthy in the world of moving averages on the hourly chart is that the 200 hour moving average has been crossed, so that price is now turning 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

The choppiness in the recent daily price action of EOS continues; to start today, it came in at a price of 10.35 US dollars, down 28.77% ($4.18) since yesterday. The change in price came along side change in volume that was down 23.53% from previous day, but up 111.29% from the Thursday of last week. On a relative basis, EOS was the worst performer out of all 7 of the assets in the Top Cryptos asset class during yesterday. Below is a daily price chart of EOS.

EOS

EOS Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 10 days EOS’s price has gone up 5 them.