Solana (LEFT), Chainlink (LINK) and Enjin Coin (ENJ) Price Analysis!


Bitcoin is under $57,000 again and is in the top 10 of the list Cardano and LEFT but it remains red. The November close below expectations and the FED meeting scheduled for 13 days later are increasing the pressure on the market. While risk markets are focused on tapering news, Solana and Chainlink it has posted double-digit gains in the past four days.

Solana (LEFT)

November October to the beginning of November, SOL remained in an ascending orbit. The continued journey of the price from the 20 dollar zone to 250 dollars did not encounter serious obstacles. Investors have made almost 1300% gains in a matter of weeks. ATH, which arrived on November 6, has not been demolished for now.

Falling to a 1-month low at the end of last month Solana (LEFT) it had suffered losses of close to 25%. At the time of writing, Solana, which found buyers at $232, increased by more than 10% on a weekly basis. The fact that the bulls exceeded the 215 dollar level and held on to this region reversed the falling trend that occurred in the short term. RSI, almost a month later after approaching the 62 mark, the bulls regained control. In addition, the DMI showed an upward trend. That being said MACD, pointing to their slightly declining strength in the near term.

During the time when there is no serious negative Solana (LEFT) he can continue his goal of $250.

Chainlink (LINK)

The bulls reached a six-month high of $38.31 on November 10. Since then, the bears have triggered a deceleration as the price moves between the descending channel (yellow). And today LINKED he takes 21st place.

During this sales phase, LINK lost more than 40% of its value. As a result, it hit an eight-week low on November 28. After that, the bulls made an attempt to revive, marking a rally of 18% from November 28 to December 1. But the price movement forced the trend, as it bounced off the top line of the rising channel.

LINKED at the time of writing, it is receiving more than $ 24.7 with a loss exceeding 5%. RSI, after a sharp decline, the decline showed an advantage. In addition, the downward readings on the DMI confirmed the retracement. The decline may continue if the bulls do not provide more support in the lower channel area.

Enj coin (ENJ)

Unlike most cryptos, the ENJ has risen steadily since the end of September on an increasing channel. ENJ, Which recorded an outstanding gain of over 250% from September 30 to November 25. As a result  ENJ, he achieved his ATH on November 25 after a sustained bull rally.

The bears retaliated and pulled the price into the channel as a result, it fell by about 24.6% last week and was trading at $3.39 at the time of writing.

The RSI has been below the neutral zone for the past week, and the DMI and AO confirm the strength of sales. The price may be slightly lower than in this region.

Disclaimer Of Liability: The information contained in this article absolutely does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and they should conduct their transactions in accordance with their own research.
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