Cryptocurrencies Price Prediction: Bitcoin, Enjin Coin & AVAX — Asian Wrap 15 November
Bitcoin price nearly crashes below $35,000 as stock markets add $739 billion in a few hours
Bitcoin price, at the time of writing, is witnessing an uptrend flip for the first time in a month on the daily chart. The credit for this goes to the US Bureau of Labor Statistics (BLS), which released the Consumer Price Index (CPI) data for the month of October, surpassing expectations. The crypto market, however, did not see eye to eye.
Enjin Coin price works out a 20% recovery amid mounting bullish metrics for ENJ
Enjin coin (ENJ) price has been on a steep downtrend following a rejection from the $0.3277 resistance level, a key hurdle that capped the upside potential of the cryptocurrency. However, the tables seem to have turned, with on-chain metrics showing the bulls are actively taking over.
AVAX price recovers slightly after 15% crash but remains stuck in 15-month consolidation
AVAX price was among the top performers during the recent bull run, but like every altcoin, Avalanche’s native token is also witnessing corrections and decline. Although this may seem like a one-time, isolated event, the chances are that a dip in value is right around the corner.
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