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Cardano, EOS & Chainlink - American Wrap: 11/24/2020

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Cardano, EOS & Chainlink - American Wrap: 11/24/2020

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.

Image sourced from Pixabay

 

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