Bitcoin looks good, but the Cardano price faces one more shake-out
— Price, Cardano, Promising, Good, Volume, Faces, Breach, Simple, Bitcoin, Shakeout — 1 min read
ADA price shows bearish volume on intra-hour time frames. Cardano price has fallen below the 21-day simple moving average. If the bulls breach this level, they may be able to rally as high as $0.55, resulting in a 19% increase from the current price. A break below the 8-day moving average at $.45 could be the catalyst to a future liquidity hunt targeting $$0.40. There may be better opportunities in the coming days as the Bitcoin price shows promising technicals. The Bitcoin price is not the best digital asset in the bunch currently and traders should stay clear from placing an early entry. The price of Bitcoin is currently trading at $20,000 per Bitcoin. It is trading at Source