If Bitcoin breaks from its current range, ADA, ATOM, FIL and EOS could continue their gradual advance.
) had been trading in a tight range between Aug. 27 and Sept. 2, which resolved to the upside on Sept. 3. An expectation that buyers may continue their purchases led to the selection of this coin.The FIL/USDT pair turned up sharply and broke above the 20-day EMA on Sept. 3. This is the first indication that buyers are attempting a comeback. However, the bears are unlikely to surrender easily and they are posing a strong challenge near the 50-day SMA .
If that happens, the pair will complete an inverse head and shoulders pattern. The pair could then pick up momentum and rally toward the pattern target of $7.6 and later to $8.30. A minor positive is that the buyers aggressively purchased the drop to the 50-day SMA . The 20-day EMA has flattened out and the RSI is near the midpoint, indicating a balance between buyers and sellers.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BTC, ADA, BNB and LTC Price Analysis for September 3$LTC price analysis: if the token can fix above the crucial $60 mark, the rise may continue to the next mark at $65.66 shortly LTC Litecoin $BTC $ADA $BNB
Read more »
Biggest Movers: ADA Rebounds, While FIL Hits 2-Week High on Saturday – Market Updates Bitcoin NewsCardano rose to its highest level in over a week to start the weekend, as prices moved toward a key resistance level.
Read more »
Bitcoin market dominance plumbs 4-year lows as BTC price ditches $20KA sub-$20,000 weekend begins for Bitcoin as market cap share dwindles.
Read more »
Bitcoin (BTC) Price Analysis for September 4Have bears totally seized the initiative yet? NickSzabo4 alistairmilne Maybemore_DC WhalePanda maxkeiser
Read more »
Cardano (ADA) Becomes Most Profitable Asset on Crypto Market$ADA keeps on rising with a variety of new projects and solutions being released on the network
Read more »
Cardano Flips XRP in Rankings as ADA Price Reacts With 30% Spike in Trading VolumesCardano overtakes XRP following price gain, ADA trading volumes up 30% CardanoADA CardanoCommunity $ADA
Read more »