EOS price appeared bullish on the 22nd of April, the cryptocurrency showed an incline across the $2.640 mark in the afternoon. The EOSUSD pair traded within a range of $2.608 — $2.643.
1-Day EOS Price Analysis (22nd April)
EOS stood near the $2.520 level just as the day began, after which it gradually moved across the $2.560 level near midday on the 22nd of April. In the afternoon, the cryptocurrency experienced a bullish momentum that led the coin’s price to a day’s high of $2.653 US Dollars. The cryptocurrency traded between the $2.600 and $2.640 levels after the evening and until the end of the day’s trade. The EOSUSD pair closed with a trading value of $2.630 US Dollars.
EOS: technical indicators
The moving averages turned bullish after midday on the 22nd of April. The 20-Day Exponential Moving Average (EMA) closed at $2.623, while the 50-Day Moving Average (MA) closed at the bottom, with a value of $2.621.
The Relative Strength Index (RSI) moved across the level 80.00 near 13:20 GMT. At the time, the RSI reached a value as high as 84.09, which indicates that the cryptocurrency was overbought at that instance. At the time of closure, the RSI was observed at 60.94.