EOS (EOS) Closes Last Hour Down $-0.06; in an Uptrend Over Past 14 Days
Out of the 7 instruments in the top cryptos asset class, eos ended up ranking 2nd for the day in terms of price change relative to yesterday.
EOS
(Last Updated March 16, 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:
The Trend
A trend/countertrend situation exists on EOS, in which a downtrend exists on shorter timeframes but an uptrend appears on the 90 and 14 day timeframes. As such, traders with short positions should be aware of the uptrend in place on the longer timeframes.
EOS Moving Averages
EOS’s moving averages tell a multi-facted story about its trend. Of the 20, 50, 100, and 200 day averages — three of them (all but the 20) — are bullish, implying a upward trend, aside from a drop about 3 weeks prior.
Below is a chart showing EOS’s price with its moving averages.
The View From the Weekly Timeframe
At the time of this writing, EOS’s price is down $-0.47 (-10.9%) from the week prior. Moreover, note that this is a reversal of the price action on the previous week, in which price moved up. As for the trend on the weekly timeframe, we see the clearest trend on the 20 week timeframe. 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.
EOS (EOS) Closes Prior Hour Down -0.59%; But Still in an Uptrend Over Past 14 Days, 2 Day Up Streak Broken
This is the 2nd consecutive hour eos has seen its price head down.
EOS (EOS) Closes Last Hour Up $0.03; 2 Day Up Streak Snapped, But Still in an Uptrend Over Past 30 Days
This is a reversal of the price action on the previous hour, in which price moved down.
EOS (EOS) Closes Prior Hour Down -0.21%; in an Uptrend Over Past 90 Days, Moves Down For the 2nd Straight Day
As for how volume fared, yesterday’s volume was up 21.61% from the previous day (wednesday), and up 91.83% from thursday of the week before.
EOS (EOS) Closes Last Hour Up $0.06; Heads Down For the 2nd Straight Day, in an Uptrend Over Past 14 Days
As for how volume fared, yesterday’s volume was up 21.61% from the previous day (tuesday), and up 91.83% from wednesday of the week before.
EOS (EOS) Closes Last Hour Down $-0.08; 2 Day Up Streak Ended, Pin Bar Pattern Appearing on Chart, in an Uptrend Over Past 30 Days
Out of the 7 instruments in the top cryptos asset class, eos ended up ranking 6th for the day in terms of price change relative to the previous day.
EOS (EOS) Closes Prior Hour Up 0.78%; in an Uptrend Over Past 14 Days, Moves Up For the 2nd Straight Day
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 Prior Hour Up 0.23%; Heads Up For the 6th Day In A Row
Price action traders may also wish to note that we see a pin bar candlestick pattern on eos.
EOS (EOS) Price Near $5.49; Makes Big Move Relative to Past Month, Moves Up For the 5th Straight Day
This move is a reversal from the hour prior, which saw price move up.