ICYMI: $ADA surpasses $0.5 after the release of Ethereum-based $USDC bridge on Cardano CardanoADA CardanoCommunity
According to the daily chart, ADA is demonstrating signs of"bottoming out" as indicators like the Relative Strength Index are showing a divergence on the chart. After breaking through $0.5, Cardano's next target would be around $0.6 since it is the point of a previous reversal.The previously mentioned resistance point also correlates with the local descending trendline, moving through the chart at approximately $0.61.
On intraday charts like the four-hour one, we can clearly see the rounding up bottom, which is followed by the extreme drop of volatility and trading volume. Experts were previously anticipating at least a short-term reversal on altcoins after around eight or nine weeks of sell-off.The community of the cryptocurrency is more than happy to see a positive dynamic on the native asset of Cardano, as it remains one of the least profitable assets on the cryptocurrency market.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Cardano Has Potential to Become Scarce Asset Like Bitcoin: Community⬆ +34 Cardano Has Potential to Become Scarce Asset Like Bitcoin: Community $BTC bitcoin $ADA cardano
Weiterlesen »
Cardano-Ethereum USDC Bridge Is Already Live, Here's How to Use ItICYMI: Ethereum-based $USDC can already be bridged to Cardano as Iagon bridge goes live $ADA $ETH
Weiterlesen »
This New Feature Allows USDC to Migrate from Ethereum to Cardano: DetailsICYMI: by using this new feature, $USDC can now migrate from Ethereum to Cardano $ETH $ADA
Weiterlesen »
Cardano Has Potential to Become Scarce Asset Like Bitcoin: CommunityICYMI: $ADA may follow a BTC-like path and become a highly scarce asset at some point in the future, according to cardano_whale Bitcoin BTC $BTC Cardano ADA
Weiterlesen »
Colorado Weather: Showers And T-storms Visit Thru Mid-WeekUnsettled pattern locked in thru the middle of the week ahead. Providing cooler temps, showers and thunderstorms.
Weiterlesen »
Gas Prices Are Surging, Demand Is Slipping Ahead of Memorial Day WeekendRecord high gas prices are pinching Americans’ pockets ahead of what is usually peak summer driving season
Weiterlesen »