Mo.bi - Crypto Currency Tracker logo Mo.bi - Crypto Currency Tracker logo
Cryptopolitan 2021-08-28 21:58:29

EOS price analysis: Bears pull back EOS to $4.93 as bulls await trend clarity

TL;DR Breakdown EOS price analysis shows the price levels are on the decreasing side today.The coin value lowered to $4.93 in the latest updates.Bears regain their supremacy after bullish lead. The EOS price analysis is showing a bearish momentum on the go, as the price levels are falling as well. The past few hours have been supportive for the bulls, yet the most recent update is notifying about the bearish supremacy. The price has decreased to the level of $4.93, which marks a great difference in the trend. Yet, the price has not reached its critical limits and is still above the support level which is $4.67. EOS 1-day price chart: Bears redeem their superiority after bulls attempt for lead The 1-day price chart showing cryptocurrency values is going bearish, after slight retraces from the bullish side in the past few days. Today’s trend is on the bearish side, as the price is gradually decreasing and has stooped down to $4.93. The Moving Average (MA) in the 1-day chart is at $5.21, which is relatively at a higher level as compared to today’s price value. The volatility is decreasing as well which is definitely a positive sign for the future. EOS/USD 1-day price chart. Source: TradingView As the Bollinger’s bands are narrowing down, so have the values reached the following figures; the upper value is at $5.81 and the lower value is at $4.45. The Relative Strength Index (RSI) remains an important indicator,...

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.