Charted: Cardano (ADA) Remains Strong Above 100 SMA, Why It Could Rally Again
Cardano’s price traded to a new multi-month high at $1.23 before correcting lower. ADA declined sharply below $1.00, but the bulls were active above $0.8500.
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Cardano’s price traded to a new multi-month high at $1.23 before correcting lower. ADA declined sharply below $1.00, but the bulls were active above $0.8500.
Bitcoin price declined over $5,000 and tested the $45,000 support against the US Dollar. BTC is now correcting losses, but it is facing a strong resistance near $54,000 and $55,000.
Ripple remained stable above $0.5000, while there were heavy losses in bitcoin. XRP price is likely to start a fresh increase above $0.5500.
Bitcoin price started a downside correction from the $52,750 all-time high. BTC is now approaching a couple of important supports near $50,500.
Binance coin price is up over 35% and it is extended its rally above $200. BNB traded to a record high at $238 and there are chances of more upsides.