EOS (EOS) Closes Last Hour Down $-0.01; 2 Day Up Streak Snapped
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.
EOS
(Last Updated October 21, 2020)
Hello! This is the news page for EOS. Below you’ll find our daily market updates. Here’s a technical analysis summary of where things currently stand:
The Trend
If we observe the 90 and 14 day timeframes, we see a downtrend in place for EOS.
EOS Moving Averages
The moving averages on EOS summarize its price action in an interesting way. Of the 20, 50, 100, and 200 day averages — three of them (all but the 200) — are bearish, implying a downward trend, save for a jump that occurred about 6 months ago.
The chart below illustrates.
The View From the Weekly Timeframe
At the time of this writing, EOS’s price is up $0 (0.12%) from the week prior. It’s been a feast for bears operating on the weekly timeframe, as EOS has now gone down 8 of the past 10 weeks. Regarding the trend, note that the strongest trend exists on the 10 week timeframe. Price action traders may also wish to note that we see a pin bar candlestick pattern on EOS. Given that we see downtrend on the 10 weekly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting. Looking further out, the moving averages on the weekly timeframe suggest a bullishness in price, as the 20, 50 and 100 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. EOS’s weekly price action over the past 52 weeks can be seen via the chart below.
EOS (EOS) Closes Prior Hour Down -0.12%; 2 Day Up Streak Ended, in a Downtrend Over Past 14 Days
As for how volume fared, yesterday’s volume was up 5.28% from the previous day (monday), and up 70.66% from tuesday of the week before.
EOS (EOS) Closes Last Hour Up $0.00; in a Downtrend Over Past 14 Days, Moves Up For the 2nd Consecutive Day, Nears 20 Day Moving Average
The change in price came along side change in volume that was up 91.89% from previous day, but down 52.18% from the monday of last week.
EOS (EOS) Price Near $2.57; Eyes 20 Day Average, Heads Up For the 2nd Consecutive Day, in a Downtrend Over Past 14 Days
Relative to other instruments in the top cryptos asset class, eos ranked 3rd since the day prior in terms of percentage price change.
EOS (EOS) Closes Prior Hour Down -0.04%; 6 Day Down Streak Broken
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 previous day.
EOS (EOS) Closes Last Hour Up $0.00; 6 Day Down Streak Snapped
2 Price action traders may also wish to note that we see a doji candlestick pattern on eos.
EOS (EOS) Price Near $2.53; Price Base in Formation Over Past 30 Days, Moves Down For the 6th Day In A Row
Relative to other instruments in the top cryptos asset class, eos ranked 5th since the previous day in terms of percentage price change.
EOS (EOS) Closes Prior Hour Down 0%; Heads Down For the 6th Day In A Row, Price Base in Formation Over Past 30 Days
Price action traders may also wish to note that we see some doji and pin bar candlestick patterns on eos.
EOS (EOS) Price Near $2.54; Moves Down For the 5th Consecutive Day, Price Base in Formation Over Past 30 Days, Breaks Below 20 Day Average
This is a reversal of the price action on the previous hour, in which price moved down.
EOS (EOS) Closes Prior Hour Up 0.04%; Heads Down For the 5th Consecutive Day, Breaks Below 20 Day Average, Price Base in Formation Over Past 30 Days
2 Of note is that the 20 hour changed directions on eos; it is now pointing down.