Bullish Indicators Arise on TRX, ENJ, SXP, ONT, ATOM Daily Charts By CoinEdition
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Bullish Indicators Arise on TRX, ENJ, SXP, ONT, ATOM Daily Charts- Five altcoins are showing some promise as they are trading above the 200-day SMA.
- TRON is considered to have the biggest chance of a big price increase soon.
- The ATOM price action is weaker than the rest of the altcoins.
At the moment, there are five altcoins showing some promise as they are trading above the 200-day SMA. This is generally considered to be an important indicator to determine if an asset is on an uptrend or a downtrend. The five altcoins with this potential to move upwards is TRON (TRX), Enjin (ENJ), Solar (SXP), Ontology (ONT), and Cosmos (ATOM).
TRON/Tether US 1D (Source: TradingView)
TRON is considered to have the biggest chance of a big price increase soon as the crypto has been trading above its 200-day SMA since January 26. TRON is now facing a hurdle around $0.0645, but if the crypto is able to flip this, the price of TRON could rally by 12%.
Enjin Coin/Tether US 1D (Source: TradingView)
ENJ has also crossed its 200-day SMA, and has rallied by 130% over the last 40 days. In addition to this, it has also flipped an important resistance level at $0.4121 into a support. The price of the altcoin is now expected to target $0.5753, whi…
The post Bullish Indicators Arise on TRX, ENJ, SXP, ONT, ATOM Daily Charts appeared first on Coin Edition.
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Bullish Indicators Arise on TRX, ENJ, SXP, ONT, ATOM Daily Charts- Five altcoins are showing some promise as they are trading above the 200-day SMA.
- TRON is considered to have the biggest chance of a big price increase soon.
- The ATOM price action is weaker than the rest of the altcoins.
At the moment, there are five altcoins showing some promise as they are trading above the 200-day SMA. This is generally considered to be an important indicator to determine if an asset is on an uptrend or a downtrend. The five altcoins with this potential to move upwards is TRON (TRX), Enjin (ENJ), Solar (SXP), Ontology (ONT), and Cosmos (ATOM).
TRON/Tether US 1D (Source: TradingView)
TRON is considered to have the biggest chance of a big price increase soon as the crypto has been trading above its 200-day SMA since January 26. TRON is now facing a hurdle around $0.0645, but if the crypto is able to flip this, the price of TRON could rally by 12%.
Enjin Coin/Tether US 1D (Source: TradingView)
ENJ has also crossed its 200-day SMA, and has rallied by 130% over the last 40 days. In addition to this, it has also flipped an important resistance level at $0.4121 into a support. The price of the altcoin is now expected to target $0.5753, whi…
The post Bullish Indicators Arise on TRX, ENJ, SXP, ONT, ATOM Daily Charts appeared first on Coin Edition.
See original on CoinEdition
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