{"id":179015,"date":"2021-08-24T03:00:40","date_gmt":"2021-08-23T21:30:40","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=179015"},"modified":"2024-01-30T02:46:07","modified_gmt":"2024-01-29T21:16:07","slug":"xrp-ethereum-classic-enjin-price-analysis-23-august","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/xrp-ethereum-classic-enjin-price-analysis-23-august\/","title":{"rendered":"XRP, Ethereum Classic, Enjin Price Analysis: 23 August"},"content":{"rendered":"

Altcoins such as XRP, Ethereum Classic and Enjin weren\u2019t quick to mirror Bitcoin and Ethereum\u2019s upward trend. These altcoins continued to display signs of consolidation. XRP failed to test the $1.31 immediate resistance mark, ETC\u2019s movement remained sandwiched between $71.96 and $65.48 respectively. Enjin had recorded a multi-month high recently, however, its uptrend was disrupted as it only noted a 0.5% increase in the last 24 hours.\u00a0<\/span><\/p>\n

XRP <\/b><\/h3>\n
\"XRP,<\/a>
XRP\/USD<\/a>, TradingView<\/figcaption><\/figure>\n

XRP<\/a> rose by only 0.4% over the last 24 hours and was trading at $1.28. The alt fell short of its immediate resistance at $1.31 as buying strength had remained low over the past trading sessions.<\/span><\/p>\n

Relative Strength Index<\/strong>, at press time, however, noted a resurgence of buying strength and stood near the 50-mark, within the bullish territory.\u00a0<\/span><\/p>\n

Awesome Oscillator<\/strong> flashed a bullish signal, with a strengthened uptrend owing to a rise in buying pressure. XRP could topple $1.31 and $1.36 resistance marks respectively. <\/span><\/p>\n

MACD<\/strong> noted the onset of bullish price action as it flashed a green bars on its histogram, after a bullish crossover. <\/span>In case XRP\u2019s uptrend is halted, the support lines rest at $1.20 and $1.06.\u00a0<\/span><\/h3>\n

Ethereum Classic (ETC)<\/b><\/h3>\n
\"XRP,<\/a>
ETC\/USD<\/a>, TradingView<\/figcaption><\/figure>\n

ETC\u2019s movement on the chart remained sideways with a gain of 0.5% over the last 24 hours. The altcoin\u2019s price oscillated between $71.96 and $65.48. It was trading for $68.57, at press time. <\/span><\/p>\n

ETC’s technical indicators pointed towards a probable positive price action.\u00a0<\/span>A buy signal was noted on Awesome Oscillator<\/strong>, as it displayed growing green bars underlining chances of an uptrend. <\/span><\/p>\n

The Relative Strength Index<\/strong> also remained in the bullish zone above the half-line.\u00a0<\/span>Bollinger Bands, however, displayed contrition implying that ETC\u2019s prices could remain rangebound over the next trading sessions.\u00a0<\/span><\/p>\n

In case ETC\u2019s<\/a> consolidation breaks and falls below the current price level, the support lines await at $65.48 and $56.44.\u00a0<\/span><\/p>\n

Enjin (ENJ)<\/b><\/h3>\n
\"XRP,<\/a>
ENJ\/USD<\/a>, TradingView<\/figcaption><\/figure>\n

Enjin observed a 0.5% gain over the last 24 hours, as the coin stood at a multi-month high of $1.90. Technicals for ENJ remained bullish. If the alt manages to sustain its uptrend over the next trading sessions, it could attempt to test $2.00, a level it last touched on 26 May.\u00a0<\/span><\/p>\n

Awesome Oscillator<\/strong> observed growing green bars suggesting upward price action in the market. Parabolic SAR<\/strong> also just noted a dotted line below the candlesticks, which affirmed the aforementioned statement regarding an uptrend.\u00a0<\/span><\/p>\n

Buying pressure for Enjin<\/a> mounted, as Relative Strength Index<\/strong> stood inside the overbought territory. A corrective price pullback remains a possibility, in case of which, ENJ would fall on $1.77 and $1.52.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Altcoins such as XRP, Ethereum Classic and Enjin weren\u2019t quick to mirror Bitcoin and Ethereum\u2019s upward trend. These altcoins continued to display signs of consolidation. XRP failed to test the $1.31 immediate resistance mark, ETC\u2019s movement remained sandwiched between $71.96 and $65.48 respectively. Enjin had recorded a multi-month high recently, however, its uptrend was disruptedContinue reading “XRP, Ethereum Classic, Enjin Price Analysis: 23 August”<\/span><\/a><\/p>\n","protected":false},"author":45,"featured_media":179019,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,41,18,66,3,55,4,20],"tags":[],"class_list":["post-179015","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-analysis","category-hide-cryptopanic","category-new-news","category-news","category-xrp-ripple-news","category-social","category-trading-view"],"acf":[],"yoast_head":"\nXRP, Ethereum Classic, Enjin Price Analysis: 23 August - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Altcoins such as XRP, ETC and ENJ weren\u2019t quick to mirror Bitcoin and Ethereum\u2019s upward trend. 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