CryptoComes Original Article
The cryptocurrency market has changed to green after Bitcoin (BTC) has reached the $9,500 mark. Meanwhile, altcoins have shown even more growth. The second most popular crypto, Ethereum (ETH), has increased by 8.66%.
The key data for Cardano (ADA), EOS and Chainlink (LINK):
|
Name |
Ticker |
Market Cap |
Price |
Volume (24h) |
Change (24h) |
|
Cardano |
ADA |
$3,253,049,895 |
$0.125469 |
$169,164,239 |
3.33% |
|
EOS |
EOS |
$2,482,936,513 |
$2.66 |
$1,304,142,662 |
2.51% |
|
Chainlink |
LINK |
$2,759,936,037 |
$7.89 |
$684,888,842 |
9.57% |
ADA/USD
The Cardano (ADA) rate has increased much more than other coins. The altcoin has grown by 3.33% over the previous 24 hours, while the price change over the last week has only been +0.52%.
On the daily time frame, Cardano (ADA) has confirmed the bullish mood, having bounced off the support of $0.1162. However, the altcoin is unlikely to reach previous heights as the trading volume is at its lowest levels.
What's more, there is almost no liquidity at the resistance above $0.12. In this case, a rise is possible to $0.1357 followed by a possible false breakout of that level.
Cardano is trading at $0.1261 at press time.
EOS/USD
On the 4H timeframe, one can observe a test attempt and a breakdown of the upper border of the triangular corridor. The "golden cross" on the MACD above the zero mark suggests that the price of the cryptoasset has a high chance of exiting and fixing above the tested line.
At the same time, the market is demonstrating the formation of an uptrend channel. The closest significant growth target may be the $3 level, which is on the resistance line of the emerging channel.
EOS is trading at $2.66 at press time.
LINK/USD
Chainlink (LINK) is the top gainer from our list. The altcoin has rocketed by almost 10% since yesterday.
Chainlink (LINK) may have reached its local peak as it also has a low chance of peaking at the new all-time high. Moreover, the index of the RSI indicator has reached the overbought zone. To summarize, the highest mark to which bulls may get the coin within the ongoing wave growth is $8.65.
Chainlink is trading at $7.93 at press time.
