{"id":144309,"date":"2021-02-24T23:30:06","date_gmt":"2021-02-24T18:00:06","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=144309"},"modified":"2021-11-23T12:30:11","modified_gmt":"2021-11-23T07:00:11","slug":"chainlink-cosmos-enjin-price-analysis-24-february","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/chainlink-cosmos-enjin-price-analysis-24-february\/","title":{"rendered":"Chainlink, Cosmos, Enjin Price Analysis: 24 February"},"content":{"rendered":"<p>Chainlink was projected to rise above its overhead resistance in the short-term, with its indicators flashing green signals. Down the crypto-ladder, bullish momentum for Cosmos and Enjin Coin was projected to fizzle out, with the said altcoins likely to enter a period of consolidation on the charts.<\/p>\n<h4>Chainlink [LINK]<\/h4>\n<figure id=\"attachment_144325\" aria-describedby=\"caption-attachment-144325\" style=\"width: 1348px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/02\/LINK-13.png\"><img decoding=\"async\" class=\"wp-image-144325 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/02\/LINK-13.png\" alt=\"\" width=\"1348\" height=\"693\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/02\/LINK-13.png 1348w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/02\/LINK-13-300x154.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/02\/LINK-13-1024x526.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/02\/LINK-13-768x395.png 768w\" sizes=\"(max-width: 1348px) 100vw, 1348px\" \/><\/a><figcaption id=\"caption-attachment-144325\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/LINKUSD\/\" target=\"_blank\" rel=\"noopener\">LINK\/USD<\/a>, TradingView<\/figcaption><\/figure>\n<p>Chainlink added gains of over 12% in the last 24 hours, with recovery well on its way across the broader market. Even though some bearishness was observed on the 4-hour chart, LINK&#8217;s indicators were optimistic at the time of writing.<\/p>\n<p>The <strong>Stochastic RSI<\/strong> rose steadily after LINK bounced back from the $23.3-support level. The <strong>MACD<\/strong> closed in on a bullish crossover, while the red bars on its histogram fell in length. A hike above the press time resistance level would present the next upside at $31.75.<\/p>\n<h4>Cosmos [ATOM]<\/h4>\n<figure id=\"attachment_144326\" aria-describedby=\"caption-attachment-144326\" style=\"width: 1348px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/02\/ATOM-3.png\"><img decoding=\"async\" class=\"wp-image-144326 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/02\/ATOM-3.png\" alt=\"\" width=\"1348\" height=\"693\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/02\/ATOM-3.png 1348w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/02\/ATOM-3-300x154.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/02\/ATOM-3-1024x526.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/02\/ATOM-3-768x395.png 768w\" sizes=\"(max-width: 1348px) 100vw, 1348px\" \/><\/a><figcaption id=\"caption-attachment-144326\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/ATOMUSD\/\" target=\"_blank\" rel=\"noopener\">ATOM\/USD<\/a>, TradingView<\/figcaption><\/figure>\n<p>At press time, Cosmos was trading just above the $20-mark after the price rose by 22%, compared to yesterday. However, some saturation was noted in the market as the crypto-asset attempted to flip the $21.2-resistance.<\/p>\n<p>The <strong>Stochastic RSI<\/strong> was trading in the overbought zone, with a bearish pullback still on the cards. According to the <strong>ADX indicator,<\/strong> the market&#8217;s recent bullishness lacked the strength to sustain the price at higher levels. This also hinted at a period of consolidation since the price seemed to stabilize on the charts. Moving forward, ATOM will likely trade within the $21.1-$18.7 range.<\/p>\n<h4>Enjin [ENJ]<\/h4>\n<figure id=\"attachment_144328\" aria-describedby=\"caption-attachment-144328\" style=\"width: 1348px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/02\/ENJ.png\"><img decoding=\"async\" class=\"wp-image-144328 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/02\/ENJ.png\" alt=\"\" width=\"1348\" height=\"693\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/02\/ENJ.png 1348w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/02\/ENJ-300x154.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/02\/ENJ-1024x526.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/02\/ENJ-768x395.png 768w\" sizes=\"(max-width: 1348px) 100vw, 1348px\" \/><\/a><figcaption id=\"caption-attachment-144328\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/ENJUSD\/\">ENJ\/USD<\/a>, TradingView<\/figcaption><\/figure>\n<p>Enjin Coin&#8217;s bulls pushed the price above the 200-SMA (green) after losses were cut short at the $0.39-support level. Since trading volumes and buying activity were muted, a move above the 20-SMA (blue) seemed unlikely over the next few trading sessions.<\/p>\n<p>The <strong>On Balance Volume<\/strong> registered a lack of buying pressure since the index dipped on the charts, while the <strong>Relative Strength Index<\/strong> stabilized around the 45-mark. Some sideways movement around the press time resistance can be expected in the short-term as the cryptocurrency awaits stronger cues from the broader market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chainlink was projected to rise above its overhead resistance in the short-term, with its indicators flashing green signals. Down the crypto-ladder, bullish momentum for Cosmos and Enjin Coin was projected to fizzle out, with the said altcoins likely to enter a period of consolidation on the charts. Chainlink [LINK] Chainlink added gains of over 12%<a href=\"https:\/\/ambcrypto.com\/chainlink-cosmos-enjin-price-analysis-24-february\/\">Continue reading <span class=\"sr-only\">&#8220;Chainlink, Cosmos, Enjin Price Analysis: 24 February&#8221;<\/span><\/a><\/p>\n","protected":false},"author":37,"featured_media":202076,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,41,18,66,3,4,20],"tags":[410],"class_list":["post-144309","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-analysis","category-hide-cryptopanic","category-new-news","category-news","category-social","category-trading-view","tag-link"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Chainlink, Cosmos, Enjin Price Analysis: 24 February - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Chainlink added gains of over 12% in the last 24 hours, with recovery well on its way across the broader market. 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