EOS has risen 31.11% during the last one week and 11.35% during the last 24 hours. It is currently trading at $3.4 and the price seems to be on an upward trajectory. On January 26, 2021, the price was trading at $2.6 levels and fell to $2.5 on January 27. It slowly started rising on January 28 onwards and took an upswing to $2.9 on January 29. The prices stayed flat for sometime, till it touched $2.99 and then fell slightly to $2.6. January 30 saw the price rise to $2.97 and once the price crossed the pivot of $3.0 , it has been on an uptrend. February 1 saw the price move to $3.1 , touching the highest of $3.2. February Movement It however fell to $2.9 on February 1 and 2 and kept on moving in a flat range of $3.1 till February 4th. February 5th onwards, the prices saw an upward movement touching $3.3 and falling back to $3.2 and fell back to $3.08 on February 7. Since then it has risen to $3.4 and technicals show a promising upward trend. While most cryptocurrencies are doing well in the run up from DeFi demand, EOS has been touted as one of the profitable currencies to watch out for 2021. https://ift.tt/3jtXBfg How EOS Is Geared Up for Tomorrow The MA shows the BUY signal for EOS and the 12 hour MA is a strong buy. The Support level 1 is at $3.4, the support 2 is at $3.99. Wait for the prices to cross the resistance level of $3.40 and $3.42 to see the actual flow of growth. The relative strength is at 54.9 which is supporting the indication to BUY. All Moving averages show the prices to stay beyond $3.1 hence a strong signal to buy and stay put. The relative strength for longer duration of 2 hours and 6 hours are easily above 68 which shows the confidence of the indicator in the movement.The price of EOS has fallen to $2.44 three times during the month of January, thus this is a breakout of sorts for the currency. With a market capitalization of $3,244,503,187 as per Coinmarketcap, it is the 18th ranked currency.
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