Cryptocurrencies Price Prediction: Cardano, EOS & Chainlink – American Wrap 24 November
|Cardano Price Prediction: ADA to offer selling opportunity following 85% breakout
Cardano had a significant breakout on November 20 above a critical resistance level established at $0.112. After the massive rally, the digital asset shows some bearish signs on the daily and 12-hour charts.
EOS price wakes up and surges to $3.77, but technicals point to a steep correction
EOS has traded relatively flat in November despite the entire crypto market turning bullish. Finally, EOS price woke up, jumping from a low of $2.63 on November 20 to a current peak at $3.77. Unfortunately, some indicators are showing that the digital asset is poised for a pullback in the short-term.
Chainlink price rise to $20 may be compromised by several technical indicators
On November 21, Chainlink had a significant breakout above an ascending parallel channel with a lot of continuation from a low of $13.6 to a peak at $16.39 established on Tuesday. However, some bearish signs might stop LINK from climbing higher.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.