Major altcoins over the past few days either traded sideways or rallied. The likes of ADA, LINK and EOS have consolidated on their charts. Cardano gained 1.7%, while, Chainlink could attempt to revisit its multi-week high price. Finally, EOS remained positive, but a price pullback cannot be overruled. Cardano (ADA) ADA/USD, TradingView Cardano consolidated on … Read more
Just a day back, the Cardano-Chainlink partnership was officially announced. Apart from the aforementioned networks mutually benefiting from the new collaboration, the DeFi space is also in a position to reap both tangible and intangible benefits from the same. As per the official announcement, developers using the Cardano blockchain would be able to feed Chainlink’s … Read more
Most altcoins in the market have been consolidating or recording losses over the last 24 hours. Cardano fell by 3% and inched closer to the support line of $2.20. Chainlink also depreciated by 5% and was trading closer to its three-week low price. Lastly, MATIC was seen moving closer to its one-week low price of … Read more
Mixed trading patterns were observed in case of certain altcoins. While some altcoins rallied, others also logged some gains, while many were busy trading laterally. Chainlink rallied 12.9% over the last 24 hours, while setting a new multi-month high. Dogecoin hiked by 4.4% and was preparing to revisit the $0.314 price ceiling. Cardano traded sideways, … Read more
For a couple of weeks, the crypto market has been moving pretty unpredictably, especially for Cardano. The impending corrections did arrive but they did not make much difference to the price action. And ADA specifically moved in the opposite direction of corrections. Over the week it rose significantly, but will its rise end up overshadowing … Read more
Riding on the back of Bitcoin’s surge to $45k, most of the alts started witnessing upticks. Interesting, at the time of writing, only 12 cryptos out of the top 100 reflected negative weekly returns. The remaining 88 seemed to be relishing their gains. Picking alts for your portfolio, at this juncture, might be pretty daunting. … Read more
The cumulative altcoin market cap saw a steep rise last week, with 15% gains signaling a possible alt season on the cards. Recent notions about altcoins being looked at as a safer bet, should Bitcoin turn out to be expensive to trade, might be pushing inflows into the space. Additionally, the discussion revolving around portfolio … Read more
Given the dip that the crypto market is experiencing at the moment every coin has been through some amount of price fall. Similarly, Cardano lost $5.8 from its pre-dip price. Filecoin created a new 3-month low at press time. Cardano [ADA]:- Source: ADA/USD – TradingView Cardano’s barely flipped the $1.37 resistance into support on June … Read more
The most recent bloodbath was a result of increasing liquidity across exchanges and a week ago, the 17th of April had the highest amount of BTC perpetual futures long liquidations so far in 2021. This was a key to Bitcoin’s price drop. Cascading sell-off has not yet hit, since the price has recovered to the … Read more
