Cardano, Lightcoin registration: July 28, 2021

Cardano appears to be struggling with the upward trend after crossing the $ 1.4 barrier.
Lightcoin corrects resistance at $ 140, but keeps it in a parallel channel upwards.

Tuesday Yesil’s crypto assets on the board are back in the green after the correction. Sunday Monday saw volatility dominate the market after last week’s sell-off, followed by an impressive trend reversal on Monday.

Bitcoin soared to $ 40,000 before retiring to $ 36,000 on Tuesday. However, as previously discussed, the flagship cryptocurrency is back in the same $ 40,000 trade.

Cardano is Yesil, based on CoinGecko data. The upcoming smart contract token is 3% to trade at $ 1.27 within 24 hours. Meanwhile, in the same 24-hour period, it earned about $ 2 million in trade volume Dec.

Meanwhile, the $ 1.05 primary support increase hit $ 1.4, but the price did not decipher the move. 200 Simple Moving Average (SMA) contributed to vendor overload, leading to a continuous correction.

50 SMA is currently offering immediate support and must be kept to ensure losses do not increase by $ 1.2 and reach $ 1. The Bears appear to be gaining momentum, according to the Relative Strength Index (RSI) on the four-hour chart.

On the other hand, the Moving Average Convergence deviation indicator (MACD) has bull momentum and implies that bulls have the upper hand. The halt may therefore take some time, but Cardano will continue the upward trend towards $ 1.6.

Ada / USD four-hour chart

ADA / USD price chart for Trade Review
Lightcoin appears to have succumbed to selling pressure after a significant boost at $ 105. The recovery was formed within a growing parallel model. Numerous hurdles were broken, but collecting $ 140 sellers became a challenge.

A minor correction that followed caused Lightcoin to retest areas below $ 130 before finding support at $ 128, supported by the bottom edge of the channel. Na ti

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