Bitcoin Cash, Aave, Status, Enjin Coin Price Analysis: 23 March

ambcrypto.com
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Bitcoin Cash was trading below the equilibrium mark of its horizontal channel of $550.2 and $507.5. Aave witnessed a breakdown from a descending triangle, but awaited confirmation on the same. Status retested the $0.117-resistance and move south once again and finally, ENJ dipped below its 50-SMA. Bitcoin Cash [BCH] Bitcoin Cash remained within the horizontal […]
Bitcoin Cash was trading below the equilibrium mark of its horizontal channel of $550.2 and $507.5. Aave witnessed a breakdown from a descending triangle, but awaited confirmation on the same. Status retested the $0.117-resistance and move south once again and finally, ENJ dipped below its 50-SMA.

Bitcoin Cash [BCH]

Bitcoin Cash remained within the horizontal channel of $550.2 and $507.5 and even though the price ticked up over the last 24-hours, it was still below the equilibrium of its press time channel. The ADX moved flat at 16 and underlined the lack of a trend, while the RSI rested at 45. A move away from this channel would offer strong buy or sells signals, depending on the direction of the breakout.

The $600-level presented a target for the bulls, while the bears could eye the $468.7-support in the event of a breakdown.

Aave [AAVE]

While Aave saw a breakdown for a…
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