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Cardano, Solana, Polkadot Price Analysis: 28 October
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Bitcoin and Ethereum visibly displayed signs of revival by noting 4% and 3.8% gains on their daily charts, respectively.
Altcoins like Cardano, Solana, and Polkadot obliged by presenting an easing bearish momentum.
Cardano (ADA)
TradingView, ADA/USDT
Over the month, ADA oscillated laterally and assumed consolidation between $2.086 and $2.298 until it hit its two-week high on 21 October and headed towards the south. Since then, it gradually plunged until it breached the floor price and poked its eleven-week low at $1.804.
Over the last week, ADA bears have visibly shown vigor as it noted a nearly 7% decrease on its charts. The currency traded at $2.008 at press time. If the ADA bulls successfully exert more pressure, they aim to breach the
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