Cardano eyes $0.2700 amid retail interest spike

Share

The cryptocurrency market is having a bullish start to the week as Bitcoin races above the $81,000 level. Ether, XRP, Solana, and Dogecoin are all in the green and could record higher gains in the near term. Cardano’s ADA lost its place in the top 10 a few weeks ago but is slowly staging a recovery. The coin is up 2.5% in the last 24 hours and is now trading above $0.2500, extending gains toward a key resistance trendline after an indecisive close on Monday. ADA’s rally comes as it is gaining retail strength, anticipating further upside on a potential breakout. Cardano would need to close its daily candle above the 50-day Exponential Moving Average (EMA) at $0.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles