Key Highlights ADA price declined heavily and broke the $0.0320 and $0.0300 support levels against the US Dollar (tethered). There are two bearish trend lines formed with resistance at $0.0320 and $0.0350 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair could correct higher in the short term, but upsides…
Crypto markets have been pounded again as a red Friday rout sees $15 billion more leaving the space. Nearly all digital currencies are in a world of pain, plunging to their lowest levels in almost 18 months. Bitcoin has led the drop when it fell through support and hit a 2018 low of $3,400 a…
Key Highlights ADA price topped near the $0.0440 level and later corrected lower against the US Dollar (tethered). There is a major breakout pattern in place with resistance at $0.0430 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair could dip in the short term, but it remains supported near…
Crypto markets are bouncing back again, Bitcoin SV, Cardano, Tron and Maker recovering well. There has been a marginal recovery from yesterday’s market dump this Sunday and things did not fall off the cliff again as we have seen in recent weeks. Total market capitalization has recovered to climb back to around $135 billion at…
Crypto markets predictably dumping this weekend, Bitcoin SV, Cardano and Neo getting hurt. As predicted crypto markets have dumped again after a few days of solid gains and the dead cat has bounced. Over $10 billion has flooded out wiping out all progress made this week. Total market capitalization is back below $130 billion and…
Key Highlights ADA price started a decent recovery after forming a support at $0.0350 against the US Dollar (tethered). There is a short term bullish trend line formed with support at $0.0410 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is likely to climb further higher and it may…
Markets are still gaining, Bitcoin SV, Cardano, Tron and Verge on the up. The recovery on crypto markets has continued for a second day but has slowed down somewhat. Percentage gains today are less than what they were yesterday but market capitalization is approaching $140 billion once again. Many are calling a ‘dead cat bounce’…
Key Highlights ADA price extended losses below the $0.0620 and $0.0600 support levels against the US Dollar (tethered). There was a break below a connecting bullish trend line with support at $0.0614 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is currently trading well below $0.0600 and it could…
Key Highlights ADA price traded higher recently and broke the $0.0750 resistance against the US Dollar (tethered). There are two bullish trend lines in place with support at $0.0740 and $0.0730 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair remains well supported and buyers could attempt to push the…
XRP, Bitcoin Cash, Cardano, Iota, Neo, VeChain falling hard, Tron survives while Maker and 0x recover well. For the eighth month this year cryptocurrency markets have fallen. October has been no exception with a 9.4% decline in total market capitalization. This has resulted in the loss of over $20 billion from cryptocurrencies during the month.…