Price Analysis

EOS Exhibits Upsurge in the Intraday Movement

  • EOS price registers uptrend after yesterday tremendous fall
  • The intraday trading exhibits hope

The crypto market is reflecting recovery signs. The coins have turned green after a long time. The traders are eyeing for the improvement to last and give the desired return. The last couple of months has been quite devastating. However, there is a possibility that the current price movement could be short-lived. Yesterday, EOS price was spotted dealing as high as $2.60 and as low as $2.37. The volume was marked as $3,240,749,705.

EOS Price Analysis

Yesterday, EOS started dealing at $2.4390. Due to the price pullback, the price slipped to $2.3609 by 3.36%. Later, the price recovered and jumped to $2.4696 by 4.55%. The price dropped again and touched $2.3830 by 3.51%. Thereafter, the currency escalated to $2.6284 by 10.30%. Towards the closing hours, the coin dropped to $2.5419 and marked 3.24%. The intraday movement in the EOS coin reflected 4.27% progression. Today, the currency started with an escalation. The price counters moved from $2.5419 to $2.6421 by 3.94%. Recently, the price is spotted falling. The counters moved from $2.6421 to $2.5872 by 2.49%.

EOS Price
EOS Chart By TradingView

EOS price was spotted improving at the beginning of the day. The coin even touched the immediate resistance level at $2.64, but the level was soon breached by the price pullback. The current price is $2.58. The currency seems to be moving towards the immediate support level at $2.41. EOS price movement might not be impressive now, but the future would give improved profit counters. The traders are recommended to opt for a long-term investment plan for EOS to book huge returns.

Resistance LevelPriceSupport LevelPrice
R1$ 2.64S1$ 2.41
R2$2.73S2$ 2.27
R3$ 2.87S3$ 2.18
Tags

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

Related Articles

Back to top button
Close