The post Bitcoin & Ethereum are Rallying, Some Large Caps are Picking Up– Why ADA & LINK Price is Consolidating? appeared first on Coinpedia Fintech News
The crypto market is up today as the star token, Bitcoin, underwent an iconic rally to mark new highs above $57,000. Besides, the Ethereum price is displaying more strength as it sustains above $3000, squeezing all the bearish pressures. In the meantime, the tokens Cardano & Chainlink, which were expected to erupt with the bulls capitulating the rally, continue to trade sideways.
What’s next for the ADA & LINK prices? Will the bull’s impact fade over the token or are the bulls planning for a strategic upswing?
The Cardano price underwent a phenomenal recovery and reached the neckline of the parabolic curve. The resistance zone is between $0.59 and $0.619 and appears to be largely controlled by the bears; for this reason, the price is unable to surpass them despite multiple attempts. Now that the bu
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