latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories.

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources.

Cardano (ADA) Readies For Critical Test As Market Cap Battle Heats Up

Cardano (ADA) Readies For Critical Test As Market Cap Battle Heats Up

The crypto market continues to flash signals of its bullish potential. But with tides ever so shifting some coins, it’s almost impossible for investors to keep up. For Cardano , its tide seems to be circling back and investors who have stuck with it and possibly reaccumulated in the last few days are about to reap big.

Since topping at $0.15 in mid-July, Cardano has been losing steam with a conservative correction seeing it revisit support at $0.13.

Support at this level has been strong but a rebound restrained at $0.14. However, coming out of the weekend, the bulls look set to get over $0.15. This move will reignite new interest and bullish sentiments that could lead to a new short term high. This would further allow the coin to catch up with some of the trending coins right now. When it topped a few days ago, it also reached 6th in the market ranking but since slipping it has been pushed to 8th. Now in 6th position is one of the most hyped coins in recent weeks, Chainlink (LINK).

Others enjoying substantial gains with the new wave are Tezos and Ethereum , both of which are up by more than 4% in the last 24 hours. With these gains and with most coins holding above recent supports, the total market cap remains above $350 Billion.

Altcoins Ready To Break Bitcoin Dominance

As the hype continues to shift and circle back, most investors believe that Bitcoin’s dominance is about to break. And as its price continues to limbo below $12K and its dominance clinging on 60%, it is set to fall by the altcoins strike. If it breaks below the 60% level and heads for 50%, last seen during the alt season, many analysts believe there is likely to be an altcoin blow up.

At the time of writing though, there is some stillness, a familiar calmness of retail investors trying to spot the week’s trend. With Cardano, Chainlink, and even Ethereum already recording substantial gains and testing higher resistances, the trend seems to be leaning on the positive. shares this Contents always with License.

Thank you for Share!



Search about Crypto News


The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed simple and intuitive, usable by all Devices, fast and effective.


Today Most Popular News