ADA price – ADA price – The Crypto Daily – Movers and Shakers – February 10th, 2021 | Fintech Zoom
ADA price – The Crypto Daily – Movers and Shakers – February 10th, 2021
A bullish start to the day saw Bitcoin rally to a mid-morning intraday high and new swing high $48,277.0.
Falling short of the first major resistance level at $49,424, Bitcoin slid to an early afternoon intraday low $45,060.0.
Steering well clear of the first major support level at $40,705, however, Bitcoin revisited $48,000 levels before easing back.
A late pullback saw Bitcoin revisit negative territory before ending the day at $46,480 levels
The near-term bullish trend remained intact, supported by the Tuesday’s new swing hi $48,277.0. For the bears, Bitcoin would need to slide through the 62% FIB of $20,914 to form a near-term bearish trend.
The Rest of the Pack
Across the rest of the majors, it was a bullish day on Tuesday.
Binance Coin surged by 34.54% to lead the way.
bitcoin cash SV (+13.22%), Chainlink (+8.61%), and Litecoin (+8.54%) trailed in spite of strong rallies.
Cardano’s ADA (+4.24%), Crypto.com Coin (+2.99%), and Ripple’s XRP (+5.54%) also made solid gains.
Ethereum (+1.09%) and Polkadot (+0.20%) trailed the front runners, however.
At the start of the week, the crypto total market cap fell to a Monday low $1,145.36bn before surging to a Tuesday high $1,431.79bn. At the time of writing, the total market cap stood at $1,378.43bn.
Bitcoin’s dominance fell to a Monday low 61.54% before jumping to aTuesday high 64.83%. At the time of writing, Bitcoin’s dominance stood at 63.11%.
ADA price – The Crypto Daily – Movers and Shakers – February 10th, 2021
Tags: ADA price, Cardano
ADVERTISEMENT
ADA price – ADA price – The Crypto Daily – Movers and Shakers – February 10th, 2021 | Fintech Zoom
Tags: ADA price, Cardano