Chainlink, Cosmos, VeChain Price Analysis: 20 October

October 21, 2020 | By | Reply | 10 Readers More


Despite an uptrend witnessed during the morning session and gains recorded by Bitcoin, the cryptocurrency market sustained heavy losses as most of the digital assets were painted in red towards the day’s end.

Chainlink was down by almost 4.5% at press time with the digital asset seen hovering just above its immediate support level.

The bearishness in Cosmos and VeChain however was even more prominent, with both recording a loss of over 6% over the last 24 hours, with some scope of bearish weakness for Cosmos visible on its chart.

Chainlink [LINK]

Source: LINK/USD on TradingView

Over the last 24-hours, Chainlink fell by 4.55% driving its price to $10.464. At the time of writing, the digital asset registered a market cap of $4 billion and ranked 7th according to messari.io.

The bearish scenario was also visible through its Chaikin Money Flow Indicator. CMF failed to retain its…

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