TL;DR Breakdown EOS price analysis shows that the price levels have rapidly declined as bears gain momentum.The value has dropped suddenly to $5.28 value. Further decline in price is expected if support goes below $5.23. The EOS price analysis is going towards the bearish direction, and the bearish momentum is building up every hour. The price has lowered to $5.3 today, which has caused an upset for the buying traders. The price levels have been going bearish for the past few hours, and a further decline in coin value is to be expected. The price has gone exceedingly low if compared to the Moving Average (MA) value which is going $5.54. EOS/USD 1-day price chart: price movement flows downward to $5.21 The 1-day price chart showing cryptocurrency values is showing a considerable amount of decline in the coin value today. The price levels have been rising in the past few weeks, yet today’s trend is showing a slight shift as the trendline tends to go lower. The price has reached the value of $5.31, with the moving average being relatively higher and standing at $5.32. The slow decrease in volatility is a negative sign for cryptocurrency altogether. EOS/USD 1-day price chart. Source: TradingView The Relative Strength Index (RSI) score is going average and is currently showing a neutral score of 57. If we talk about the Bollinger bands indicators, they are showing us the exact values; the upper band sliding to $5.94 and the ...
