Congrats to its holders!
Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well.
Relative to other instruments in the top cryptos asset class, eos ranked 6th since the previous day in terms of percentage price change.
This move happened on lower volume, as yesterday’s volume was down 20.38% from the day before — and down 55.96% from the same day the week before.
For another vantage point, consider that eos’s price has gone down 6 of the previous 10 trading days.
Price action traders in particular will want to note that the 14 and 30 day periods appears to show price forming a base; this could indicate that a support/resistance level is developing.
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 the day prior.
The price move occurred on volume that was up 3.43% from the day prior, but down 61.73% from the same day the week before.
Relative to other instruments in the top cryptos asset class, eos ranked 3rd since yesterday in terms of percentage price change.