• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

TronWeekly

Crypto World News

  • Home
  • Education
    • Best TRON Wallets
    • Beginner’s guide to TRON
  • Opinion
    • Tron Tokens
    • Market Analysis
  • Industry
    • Tron Exchange
    • Project Review
  • Press Release
  • Advertise
  • About us
    • The Team
    • Editorial Policy
    • Write for us
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • Contact
You are here: Home / Opinion / Market Analysis / Ethereum, Chainlink, Polkadot Technical Analysis On 12th November 2020
Ethereum, Chainlink, Polkadot

Ethereum, Chainlink, Polkadot Technical Analysis On 12th November 2020

November 12, 2020 by Sahana Kiran

The bulls and the bears were tussling in the crypto-verse. While coins like Ethereum and Bitcoin were seen siding the bulls, almost every other coins were getting cozy with the bears, Bitcoin created quite a stir after it touched $16K for a brief period. The global market cap, at the time of writing, was $455.18 billion with a 1.56% daily increase.

Ethereum [ETH]

The second-largest cryptocurrency ETH was seen contributing to the uptrend that the crypto market was trying to get on. ETH had traveled beyond $400 many times this year and has once again gone that road. During press time, ETH was trading for $461.43 with a 1.19% increase since the last 24-hours. Over the last week, the coin managed to secure gains up to 15.67%.

Ethereum, Chainlink, Polkadot

A sense of contradicting heeds was observed in the ETH market. The Chaikin Money Flow [CMF] indicator was seen in the bullish area. However, the marker seemed to be heading down towards the bearish realm. The Awesome Oscillator had already switched sides by forming red closing bars.

Chainlink [LINK]

LINK had pushed BCH down and took over its position as the fifth-largest cryptocurrency. LINK’s market cap was noted at $4.994 billion at the time of writing while its price stood at $12.76. The coin had witnessed immense gains over the past few weeks, it was one of the top gaining coins as it incurred gains upto 24.13% in the last seven days. However, during press time, the coin was slumping by 1.58%.

Ethereum, Chainlink, Polkadot

LINK’s one hour price chart revealed that the coin was headed towards a trend reversal. The Parabolic affirmed the presence of bulls by laying out dotted lines below the candlesticks barricading the possibility of a downward breakout. The Klinger Oscillator also affirmed the same by forming a bullish crossover.

Polkadot [DOT]

DOT was seen aiding the bears by dropping down. The altcoin was trading for $4.41 at the time of writing. The fairly new coin secured a position in the top ten with a market cap of $3.865 billion. The DOT market also garnered gains of over 8.22% over the last seven days.

Ethereum, Chainlink, Polkadot

The bears had taken over the DOT market. In the short-term price chart of the coin, the MACD indicator formed a bearish crossover with the signal line above the MACD line. The Relative Strength Index also revealed a sellers’ sentiment as the marker was below 50 median.

Filed Under: Market Analysis, Altcoin News, News Tagged With: Chainlink (LINK), Ethereum (ETH), polkadot

Primary Sidebar

Recent Posts

  • Crypto Hack in First Quarter 2025, Beats 2024 Record July 2, 2025
  • Arbitrum Jumps After Robinhood Listing; Is $0.50 Next or Will ARB Drop Further? July 2, 2025
  • Can ONDO Hit $1.00? Price Nears Breakout Zone Between $0.76 and $0.79 July 2, 2025
  • Solana DApps Shine Bright 13th Month in a Row Beating L1 and L2 Chains July 2, 2025
  • PEPE at Critical Support: Will It Break $0.00001100 or Collapse? July 2, 2025

Footer

News

  • Altcoin News
  • Bitcoin News
  • Blockchain
  • Tron News
  • World

Digest

  • Meet the Founder
  • Price Winning Article
  • DeFi
  • Cyber Security
  • Crypto Scam

Industry

  • Project Review
  • Technology
  • Fintech
  • Tron Exchange
  • New in Town

Tron Universe

  • Event and Tron Parties
  • New in Town
  • Tron Tokens

Follow Us

Subscribe US

Copyright © 2025 · Tron Weekly. All Rights Reserved. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm.