![Cardano [ADA]: Latest rally causes altcoin to trade at pre-FTX collapse level](https://i.headtopics.com/images/2023/1/22/cryptoamb/cardano-ada-latest-rally-causes-altcoin-to-trade-a-cardano-ada-latest-rally-causes-altcoin-to-trade-a-1617168461704069121.webp)
ADA’s price has returned to its pre-FTX collapse level. Coin accumulation has rallied significantly in the last three weeks. According to data from CoinMarketCap, leading layer 1 coin Cardano [ADA] traded at the $0.36 price level during the intraday trading session on 21 January, marking the first time the coin has reached this level since […]
, whose price has risen astronomically since the year started, ADA’s value has also increased by 44%.At its current price, ADA was overbought on the daily chart. Momentum indicators have been on an upward trend since the year began to be pegged at overbought highs at the time of writing.
When an asset’s OBV increases, it suggests that buying pressure is more significant than selling pressure. It also means that more volume is associated with rising prices, indicating that buyers are more aggressive than sellers and that the asset’s price is likely to continue growing.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Cardano: Latest planned update could foster ADA rise – on one conditionCardano is set to implement a new update in February to enhance the network. ADA, despite its recent uptrend, remains undervalued per the MVRV Z score. Tim Harrison, the vice president of Cardano [ADA], dropped hints about an upcoming major release via a tweet on 19 January. The release would impact Cardano’s cryptographic primitives and […]
اقرأ أكثر »
Cardano reclaims top spot on Github- ADA’s journey to moon guaranteed?Cardano dominates in development activity, beating other key players. ADA bears relinquish brief dominance, paving way for the bulls to extend their rally. In the first half of January, we observed that Cardano was among the blockchain networks with the highest development activity. Fast forward to the present and Cardano managed to secure the top […]
اقرأ أكثر »
FTX founder Sam Bankman-Fried’s lawyers say car hit barricade outside homeA car with three occupants recently drove into a barricade outside the California home owned by Sam Bankman-Fried’s parents, an apparent attempt to gain access to the property
اقرأ أكثر »
Breaking: FTX: US Feds seize nearly $700 million of SBF’s assetsThe United States Federal prosecutors have confiscated $697 million in assets belonging to Sam Bankman-Fried – the founder of the bankrupt crypto exchange, FTX. According to a report by CNBC, FTX Digital Markets had three accounts on Silvergate Bank, which held more than $6 million. The assets from this platform were seized around January 11, […]
اقرأ أكثر »