EOS (EOS) Closes Prior Hour Up 0.54%; Heads Up For the 2nd Straight Day, in an Uptrend Over Past 14 Days

The Hourly View for EOS

Last Updated September 15, 2021, 01:017 GMT

At the moment, EOS’s price is up $0.03 (0.54%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 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

EOS closed the previous day up 1.92% ($0.079); this denotes the 2nd straight day an increase has occurred. The price move occurred on stronger volume; specifically, yesterday’s volume was up 113.97% from the day prior, and up 163.22% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, EOS ranked 3rd since the previous day in terms of percentage price change. Here is a daily price chart of EOS.

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 up. For another vantage point, consider that EOS’s price has gone up 17 of the previous 30 trading days.