Friday, September 29, 2023
No Result
View All Result
Blockchain Daily Report
Advertisement
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • SCAM ALERT
  • REGULATIONS
  • ANALYSIS
Crypto Marketcap
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • SCAM ALERT
  • REGULATIONS
  • ANALYSIS
Crypto Marketcap
Logo
No Result
View All Result
Home Bitcoin

ADA Hits All-Time Low on Friday, MATIC Extends Recent Downtrend – Market Updates Bitcoin News

by Blockchain Daily Report
December 16, 2022
in Bitcoin
Reading Time: 4 mins read
A A
0
ADA Hits All-Time Low on Friday, MATIC Extends Recent Downtrend – Market Updates Bitcoin News
Share on FacebookShare on Twitter


Cardano fell to an all-time low on Friday, as sentiment in crypto markets remained bearish in immediately’s session. The token fell for a 3rd consecutive day, with costs transferring beneath a key value ground within the course of. Polygon additionally prolonged latest declines, hitting a multi-week low because of this.

Cardano (ADA)

Cardano (ADA) hit an all-time low in immediately’s session, as sentiment in cryptocurrency markets stays bearish, following latest financial information.

ADA/USD dropped to an intraday low of $0.2845 earlier in immediately’s session, lower than a day after buying and selling at $0.3026.

At present’s sell-off comes as cardano fell for a 3rd straight session, breaking out of a key assist level within the course of.

Biggest Movers: ADA Hits All-Time Low on Friday, MATIC Extends Recent Downtrend
ADA/USD – Each day Chart

Trying on the chart, the aforementioned ground is on the $0.3000 mark, which was damaged as soon as earlier than, on November 21.

The 14-day relative power index (RSI) additionally moved beneath a ground of 35.50, and as of writing is monitoring at 30.91.

That is the bottom level the index has hit since October 22, with costs hitting a backside of $0.3100 on that event.

Polygon (MATIC)

Polygon (MATIC) was one other notable token to fall immediately, with costs additionally transferring decrease for a 3rd straight day.

Following a excessive of $0.891 on Thursday, MATIC/USD dropped to a backside of $0.8483 earlier within the day.

Because of this drop, polygon moved to its lowest level since November 30, when costs hit a backside of $0.837

Biggest Movers: ADA Hits All-Time Low on Friday, MATIC Extends Recent Downtrend
MATIC/USD – Each day Chart

MATIC has since rebounded from earlier lows, and is at the moment buying and selling at $0.8569, which remains to be almost 4% decrease than Thursday’s ground.

This slight rebound comes because the RSI rejected a breakout of a degree of assist on the 43.00 stage, and the index is at the moment on the 44.26 mark.

Traditionally, bulls have used this ground as a degree of reentry, and may this reoccur, then we might see MATIC transfer again in the direction of the $0.90 stage.

Register your electronic mail right here to get weekly value evaluation updates despatched to your inbox:

What different elements are behind immediately’s decline in crypto costs? Tell us your ideas within the feedback.

Eliman Dambell

Eliman brings an eclectic standpoint to market evaluation, he was beforehand a brokerage director and retail buying and selling educator. At the moment, he acts as a commentator throughout numerous asset lessons, together with Crypto, Shares and FX.

Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It’s not a direct provide or solicitation of a suggestion to purchase or promote, or a suggestion or endorsement of any merchandise, companies, or firms. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the creator is accountable, instantly or not directly, for any harm or loss brought about or alleged to be brought on by or in reference to the usage of or reliance on any content material, items or companies talked about on this article.

Extra Well-liked Information

In Case You Missed It



Source link

Tags: ADAAllTimeBitcoinDowntrendExtendsFridayHitsMarketMATICNewsUpdates
Share76Tweet47

Related Posts

EU Commits Over $800,000 To Forge Sustainable Asset Standards

EU Commits Over $800,000 To Forge Sustainable Asset Standards

by Blockchain Daily Report
September 29, 2023
0

Crypto is on the forefront of the European Fee’s monetary providers directorate’s proactive efforts to handle the growing environmental considerations...

TRX Bulls Keeps Pushing, Why Rally Isn’t Over Yet

TRX Bulls Keeps Pushing, Why Rally Isn’t Over Yet

by Blockchain Daily Report
September 29, 2023
0

Tron value is gaining tempo above $0.0850 in opposition to the US Greenback. TRX is outperforming Bitcoin and will rise...

VanEck Announces Plans To Launch Ethereum Futures ETF (EFUT)

VanEck Announces Plans To Launch Ethereum Futures ETF (EFUT)

by Blockchain Daily Report
September 29, 2023
0

Distinguished funding supervisor VanEck has revealed plans to launch an Ethereum Futures exchange-traded fund (ETF). Apparently, this improvement comes just...

U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions

U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions

by Blockchain Daily Report
September 29, 2023
0

Quite a lot of the day-to-day transactions from crypto buyers occur solely internally on the handful of main exchanges, recorded...

Here’s FTX Founder Sam Bankman-Fried’s Trial Schedule

Here’s FTX Founder Sam Bankman-Fried’s Trial Schedule

by Blockchain Daily Report
September 28, 2023
0

Throughout a listening to earlier Thursday, Choose Lewis Kaplan, who's overseeing the trial, requested the prosecution and protection to estimate...

Load More
  • Trending
  • Comments
  • Latest
BitPay + Ramp – Compre Bitcoin com PIX

BitPay + Ramp – Compre Bitcoin com PIX

September 14, 2023
Sudden Shibburn’s Twitter Account Suspension: What We Know

Sudden Shibburn’s Twitter Account Suspension: What We Know

June 24, 2023
Web3 Wallet Tracker – How to Create a Firebase Web3 Wallet Tracker

Web3 Wallet Tracker – How to Create a Firebase Web3 Wallet Tracker

January 1, 2023
How to Properly Dual Mine KAS + ZIL With the Rigel 1.3.4 Nvidia GPU Miner

How to Properly Dual Mine KAS + ZIL With the Rigel 1.3.4 Nvidia GPU Miner

January 30, 2023
Digital Artists Making Waves in 2023

Digital Artists Making Waves in 2023

September 24, 2023
Arbitrum Goerli Faucet – Get Arbitrum Testnet ETH in 3 Steps

Arbitrum Goerli Faucet – Get Arbitrum Testnet ETH in 3 Steps

February 14, 2023
Pudgy Penguins Sees Christmas Surge

Pudgy Penguins Sees Christmas Surge

December 29, 2022
Animoca Brands-Owned Forj and VIKER Team up

Animoca Brands-Owned Forj and VIKER Team up

April 25, 2023
EU Commits Over $800,000 To Forge Sustainable Asset Standards

EU Commits Over $800,000 To Forge Sustainable Asset Standards

September 29, 2023
What Historically Happens to Bitcoin During a US Government Shutdown?

What Historically Happens to Bitcoin During a US Government Shutdown?

September 29, 2023
Top Trader Who Nailed 2022 Bitcoin Bottom Says One Blue Chip Altcoin Signaling a ‘Breakout in the Making’

Top Trader Who Nailed 2022 Bitcoin Bottom Says One Blue Chip Altcoin Signaling a ‘Breakout in the Making’

September 29, 2023
OnlyEver’s NFT-Linked Boot Takes Strides at Milan Fashion Week

OnlyEver’s NFT-Linked Boot Takes Strides at Milan Fashion Week

September 29, 2023
TRX Bulls Keeps Pushing, Why Rally Isn’t Over Yet

TRX Bulls Keeps Pushing, Why Rally Isn’t Over Yet

September 29, 2023
Ethereum Price Registers Breakout But Lacks Momentum, $1,620 Is The Key

Ethereum Price Registers Breakout But Lacks Momentum, $1,620 Is The Key

September 29, 2023
Why Web3 should fear quantum computing

Why Web3 should fear quantum computing

September 29, 2023
Sam Bankman-Fried Scoops Help CoinDesk Win a Loeb Award

Sam Bankman-Fried Scoops Help CoinDesk Win a Loeb Award

September 29, 2023
Facebook Twitter Instagram Youtube RSS

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Blockchain Daily Report.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Mining
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 Blockchain Daily Report.
Blockchain Daily Report is not responsible for the content of external sites.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • SCAM ALERT
  • REGULATIONS
  • ANALYSIS

Copyright © 2022 Blockchain Daily Report.
Blockchain Daily Report is not responsible for the content of external sites.

  • bitcoinBitcoin(BTC)$26,746.000.61%
  • ethereumEthereum(ETH)$1,659.221.82%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.000.07%
  • binancecoinBNB(BNB)$214.540.34%
  • rippleXRP(XRP)$0.535.31%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$1,660.421.99%
  • cardanoCardano(ADA)$0.2515261.94%
  • dogecoinDogecoin(DOGE)$0.0616681.08%