Browsing: Altcoins

It’s been a relatively quiet week for the top 10 cryptoassets by market capitalization besides Bitcoin (ticker: BTC) and other lower cap cryptoassets. The primary cryptoasset had an outstanding performance of 16% in the past seven days compared with a return of a little over 2% for Ethereum and -4% for Cardano and Binance respectively.…

Cardano (ADA) faces a mild pullback, trading below $0.220 on Monday after a skyrocketing 29% rally in the previous week. On-chain and derivatives data turn slightly bearish as traders appear to take profits following ADA’s massive gains. Technically, the outlook remains bullish, but momentum indicators suggest further upside is becoming increasingly stretched, raising the risk…