The Hourly View for EOS
Last Updated June 10, 2021, 08:017 GMT
At the time of this writing, EOS’s price is down $-0.02 (-0.42%) 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. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 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
5.34 (USD) was the opening price of the day for EOS, resulting in yesterday being one in which price moved up 5.64% ($0.285) from yesterday. The change in price came along side change in volume that was down 39.45% from previous day, but up 19.04% from the Wednesday of last week. Relative to other instruments in the Top Cryptos asset class, EOS ranked 4th since yesterday in terms of percentage price change. Here is a daily price chart of EOS.
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. 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 up 15 out of the past 30 days.