EOS has started the week with a decent addition in the value. Over the last 24 hours, the bullish momentum has raised the price bar to $3.096. The energy may stick to EOS coin throughout the week as a moderate bullish market is anticipated ahead.
EOS Price Analysis
EOS price was being traded at $2.987 at the opening of the day. Its first price swing started at 00:08 UTC when the currency was at its lowest point of $2.943. Over the next 14 hours, EOS coin could gather $0.255 and placed the value at one of the highest points of the day: $3.198. The next movement happened between 14:18 & 02:38 UTC today, and over these almost 12 hours, EOS lost 3.32% value, and this swing tapered off the price to $3.091.
EOS’s both 50 days MA ($3.125) and 20 days MA ($3.101) have managed decent lead over its current price ($3.096). As per the current trend and placement of both MAs, no quick price correction may happen anytime soon. The momentum is likely to be sustained at least by the weekend. Investors may witness a few small price shocks.