- EOS price movement reflects loss during the intraday trading
- This is the effect of whole market dealing in red and having a defined down trend
EOS price movement is not very impressive as it was earlier this year. The coin managed to climb as high as $8.59 and spiked hopes amongst the traders that it would escalate even higher. However, the coin soon came under market pressure and started falling.
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The current market movement reflects fluctuation. EOS coin is reflecting a downtrend in the price and looks like this would continue as per the current momentum and market scenario. Let’s have a look at the intraday chart.
EOS Price Analysis:
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Yesterday, EOS started dealing at $3.61 and immediately escalated to $3.63 by 0.75%. Further, the coin slipped tremendously and touched $3.44 marking a regression of 5.18%. Further, the currency was seen hovering around the same level and closed at $3.47. The intraday price movement reflected a loss of 3.83%. Today, EOS coin price climbed up to $3.5 by 2.17% within the first few hours. Thereafter, the coin fell to $3.45 and at the time of writing it was trading at $3.5.
EOS price has been struggling from a long time to have a defined growth. However, recently, the fluctuation has taken over the coin and it is seen moving hastily. The current price of the coin is near the immediate resistance level at $3.6. Just a few minutes ago, it was dealing at $3.4 and the same was near the immediate support level.
| Resistance Level | Price | Support Level | Price |
| R1 | $3.6 | S1 | $3.43 |
| R2 | $3.7 | S2 | $3.36 |
| R3 | $3.77 | S3 | $3.26 |
The traders interested in the coin are recommended to stay put as the current market scenario is not the best time for investment.
