Cardano rose to a one-week high earlier in today’s session, trots att kryptovalutamarknaderna mestadels handlar i minus. Aave var också högre under fredagen, med tokenen kvar nära sin högsta punkt under den senaste veckan. När jag skrev, the global crypto market cap is 0.43% lower.
Innehåll
Cardano (ADA)
Cardano (ADA) was one of Friday’s notable gainers, as the token rallied to a one-week high to end the working week.
Following a bottom of $0.4596 during Thursday’s session, ADA/USD raced to a peak of $0.4816 tidigare på dagen.
As a result of today’s move, the token collided with its key resistance level at the $0.4790 punkt.
i alla fall, following this collision, earlier bulls appeared to retreat, liquidating their positions at this point of uncertainty.
När jag skrev, ADA is now trading at $0.4765, which is below the previously mentioned price ceiling.
The drop in momentum began as the relative strength index (RSI), encountered a resistance level of its own at 44.
Until this hurdle is overcome, ADA will likely continue to trade at or below its current level.
Spöke (SPÖKE)
Like ADA, aave (SPÖKE) was briefly higher in today’s session, as it too remained close to a one-week high.
AAVE/USD rose to a high of $95.47 on Friday, which is near its highest level since August 19.
The move saw aave hit and marginally break out of its resistance level at $95.40, however as the session progressed, prices declined.
När jag skrev, the token is now trading at $90.65, nästan $5 lower than earlier highs. This comes as bears reentered the market.
Prices of AAVE began to drop following the RSI hitting its ceiling at 48.70, falling to a current level of 45.75.
The 10-day (red) moving average also continues to trend downward, which could be a signal of further upcoming declines.
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Will aave move below $90 by the end of Friday’s session? Låt oss veta dina tankar i kommentarerna.
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