EOS (EOS) Closes Last Hour Up $0.01; Moves Down For the 3rd Straight Day
Congrats to its holders!
(Last Updated January 18, 2021)
Hello! This is the news page for EOS. Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:
On EOS, we don’t see a clear trend until the 90 day basis, where we see a very slight uptrend.
Nuances in the trend on EOS can be understood by observing the behavior of its moving averages. Of the 20, 50, 100, and 200 day averages — three of them (all but the 50) — are bullish, implying a upward trend, aside from a drop about 7 weeks prior.
Below is a chart showing EOS’s price with its moving averages.
At the time of this writing, EOS’s price is down $-0.01 (-0.47%) from the week prior. Moreover, note that this is the 2nd consecutive week EOS has seen its price head down. If you’re a trader with a preference for rangebound markets, you may wish to note that there isn’t a clear trend on the 5, 10 and 20 week timeframes. Looking further out, the moving averages on the weekly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The weekly chart below shows EOS’s price action over the past year.
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.