The Hourly View for EOS
Last Updated June 2, 2021, 04:018 GMT
At the time of this writing, EOS’s price is down $0 (0%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. From a hourly perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 hour timeframes. Of note is that the 100 and 20 hour changed directions on EOS; they are now pointing down. 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 entered today at $6.299, down 5.06% ($0.336) from the previous day. The price move occurred on volume that was up 5.42% from the day prior, but down 76.6% from the same day the week before. Those trading within the Top Cryptos asset class should know that EOS was the worst performer in the class during the previous day. Here is a daily price chart of EOS.
EOS Technical Analysis
Coming into today EOS is now close to its 100 day averages, located at 6 respectively, and thus may be at a key juncture along those timeframes. 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. The clearest trend exists on the 30 day timeframe, which shows price moving down over that time. For another vantage point, consider that EOS’s price has gone up 6 of the previous 10 trading days.