EOS Crypto Slides Below 200 EMA: A Downward Spiral for EOS

EOS Crypto Slides Below 200 EMA: A Downward Spiral for EOS

1
EOS crypto price is down nearly 1.08% intraday and was at $0.681 (press time).
2
EOS/USD chart technical outlook shows that the price has broken below all the key EMAs, suggesting a negative outlook. 
Eos crypto price has been looking for a firm footing near $0.66 level. The crypto has been losing after the breakdown below the 200-Day EMA on the daily chart. 
As observed on the 4 hour chart, the price has low volume inflow due to which weak candles are being formed. The buyers intended to bounce from the support after which a green candlestick was observed in the morning session today.
However, the sellers made a comeback in the afternoon session and the price dipped lower, trimming the morning gains. 
At the time of writing, EOS price was at $0.681 with an intraday drop of 1.08%. It has a 24-hour trading volume of 101.16M with a 7.49% drop as compared to yesterday.

Eos Price Technical Analysis
Moreover, as observed on the daily EOS/USD price char

Czytaj więcej

We współpracy z: https://www.thecoinrepublic.com/2024/01/25/eos-crypto-slides-below-200-ema-a-downward-spiral-for-eos/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy