The Hourly View for EOS
Last Updated May 1, 2021, 02:047 GMT
Currently, EOS’s price is up $0.02 (0.25%) from the hour prior. EOS has seen its price go up 4 out of the past 5 hours, thus creating some compelling opportunities for bulls. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
EOS Daily Price Recap
EOS entered today at $6.448, up 9.44% ($0.556) from yesterday. The change in price came along side change in volume that was up 14.37% from previous day, but down 72.03% from the Friday of last week. Out of the 7 instruments in the Top Cryptos asset class, EOS ended up ranking 3rd for the day in terms of price change relative to yesterday. Let’s take a look at the daily price chart of EOS.
EOS Technical Analysis
Coming into today the current price of EOS is sitting close to its 20 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 15 out of the past 30 days.