EOS (EOS) Closes Prior Hour Up 0.33%; Moves Up For the 2nd Straight Day, in a Downtrend Over Past 14 Days

The Hourly View for EOS

Last Updated July 23, 2021, 04:017 GMT

At the time of this writing, EOS’s price is up $0.01 (0.33%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. Of note is that the 100 hour changed directions on EOS; it is now pointing up. 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 1.89% ($0.066) since yesterday, marking the 2nd straight day it has gone up. This move happened on lower volume, as yesterday’s volume was down 44.35% from the day before — and down 26.88% from the same day the week before. Out of the 7 instruments in the Top Cryptos asset class, EOS ended up ranking 5th for the day in terms of price change relative to yesterday. Below is a 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 another vantage point, consider that EOS’s price has gone up 16 of the previous 30 trading days.