Crypto currency Cardano (Ada) while the mobility in the market continues $0.818729 and avalanche 
$26.34 (AVAX) prices continue to focus on investors. While the island price tries to rise above $ 0.85, AVAX gives strong rise signals in technical indicators. So, will these two crypto currency increase? Let’s take a closer look.
Cardano Analysis, Comment: Can it rise to $ 1?
CARDANOdespite the fact that he has made stagnant price movements for a long time, he has attracted attention recently. Ada Coin The price increased over $ 0.81, exceeding the critical resistance of $ 0.80. However, the sustainability of this rise still remains uncertain.
After rejection from $ 1.20 recently ISLAND The price began to be traded in the drop channel. However, as we approached $ 0.85, the recovery signs gave investors hope. Crypto currency is stuck between 50 days and 200 -day moving averages. This jam can be a harbinger of a new movement in the short term.
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On the other hand, technical indicators invite investors to be cautious. The decline tendency seen in the relative power index (RSI) shows that a strong resistance can be encountered. Although Ichimoku pointed out that the +di and -di intersection of the cloud indicator is on the boundary of a potential rise trend, this has not happened. Ada Coin’s price will depend on market conditions whether it will be permanent over $ 0.85.
Avalanche Analysis, Comment: Ascension Signals are Strengthening
AvalancheAccording to technical indicators, it gives a strong rise signal. Positive signals from TD Sequental, MACD and stochastic RSI indicators indicate that the upward movements can continue in the price of Avax Coin. The TD Sequential indicator has a potential purchase opportunity by pointing to trend depletion points.
Crypto Money Analyst Ali Martinez, following TD Sequental’s signal number 9 AvaxHe said he could approach the end of the decline trend. This means that a rise in the short term in crypto currency can begin. The MACD indicator also supports this view. The MacD line indicates that the positive momentum can continue by watching the signal line.
At the same time, the stochastic RSI indicator tends to rise. The percentage K line reaches 67.22 and shows a market trend that approaches the extreme purchase zone. This shows that the price movement may continue to the upward movement, but in this process, procurement pressure has a risk of decreasing.
When the article is prepared Avax Coin The price is traded at 25.61 levels by gaining 2.79 percent in the last 24 hours. This rise in the price is supported by the increasing transaction volume. The 38.21 percent increase in the transaction volume gives strong signals that crypto currency can maintain the acceleration of the rise. When increasing transaction volume and price movements are evaluated together, AVAX seems possible to test the resistance over 26 dollars.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
