ADA price breaks the multimonth downtrend pushing Cardano to four-month highs, thanks to multiple macro tailwinds and favorable technicals.
Altcoin Watch news
The Ether whale moved the funds for the first time in eight year with 800x gains as ETH price edged above $2,800.
Memecoins are up today, fueled by positive sentiment following Trump’s win in the US presidential elections.
Dogecoin price has rallied since October, and data suggests it’s set to go much higher.
Ethereum has struggled to sustain a rally above $2,500 and data suggests that more downside could be on the way for ETH price.
ADA’s gains largely coincide with the conclusion of the fourth Cardano Summit, among other catalysts.
Ethereum price continues to consolidate, but a fledgling technical pattern hints at an upcoming rally to $2,800.
DOGE is breaking out of a symmetrical triangle pattern with an ultimate price target hovering around $2.
Crypto traders, market analysts and several metrics suggest that an “altcoin season” is about to begin as Bitcoin price challenges new highs.
Ethereum is now testing a key support level that last helped it rebound by over 160%. Multiple factors support this bullish fractal.