Today news
About the same in other media
What will it take for Cardano to reach for the $2.14 – $2.23 zone once again
Reading now: 250
Although Cardano drifted within a tight channel in October, sellers have managed to bust open the cracks in the market. The period between 27 October-28 October, saw ADA shed nearly 13% of its value due to a symmetrical triangle breakdown, before a broader market recovery rescued the alt from monthly lows.
Despite some buy signals emerging on the MACD and Awesome Oscillator, ADA needed to retake key zones before falling back within a bullish-bias.
Source: ADA/USD, TradingView
ADA lined up a possible 20% decline from a symmetrical triangle setup which lasted for the entirety of October. As ADA slipped beneath the critical $2.07-mark, sellers managed to initiate a breakdown from the pattern. Although ADA was yet to meet its target around $1.70,
Read more on ambcrypto.comAbout this in other media
What Curve’s decision could mean for decentralization in DeFi ambcrypto.com /3 years ago
What Does Inflation Mean for American Businesses? For Some, Bigger Profits wsj.com /3 years ago
What Will PM Modi Order For Cryptocurrency? Here's What's Expected ndtv.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
