{"id":629669,"date":"2023-04-15T19:49:48","date_gmt":"2023-04-16T00:49:48","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/04\/15\/biggest-movers-ada-price-climbs-for-ninth-consecutive-day\/"},"modified":"2023-04-15T19:49:48","modified_gmt":"2023-04-16T00:49:48","slug":"biggest-movers-ada-price-climbs-for-ninth-consecutive-day","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/04\/15\/biggest-movers-ada-price-climbs-for-ninth-consecutive-day\/","title":{"rendered":"Biggest Movers: ADA Price Climbs for Ninth Consecutive Day"},"content":{"rendered":"
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Cardano rose to a fresh multi-month high on Saturday, as the token surged for a ninth consecutive session. The price is now up by over 15% in that time, cementing its place as the world\u2019s seventh-largest cryptocurrency. Avalanche is also trading higher, hitting a two-month high in the process. <\/strong><\/p>\n

Cardano (ADA<\/a>)<\/h2>\n

Cardano (ADA<\/a>) once again extended a recent bull run, with the token climbing for a ninth straight day.<\/p>\n

Following a low of $0.4274 during Friday\u2019s session, ADA<\/a>\/USD rose by as much as 5% today, hitting a peak of $0.4581 in the process.<\/p>\n

Saturday\u2019s surge has sent ADA<\/a> to its highest level since September 27, when the price was above $0.4600.<\/p>\n

ADA<\/a>\/USD \u2013 Daily Chart<\/figcaption><\/figure>\n

From the chart, it appears that the latest rise in price coincides with the relative strength index (RSI) moving past a key ceiling.<\/p>\n

The aforementioned point of resistance was at the 72.00 mark, with the index currently tracking at 75.92.<\/p>\n

Should price strength continue to move higher, an upcoming wall at the 80.00 mark could be a potential stumbling block.<\/p>\n

Avalanche (AVAX)<\/h2>\n

In addition to ADA<\/a>, avalanche (AVAX), was another notable gainer in the market to start the weekend.<\/p>\n

AVAX\/USD rallied to an intraday high of $19.51 on Saturday, a day after trading at a low of $18.52.<\/p>\n

Similar to cardano, today\u2019s move has sent avalanche to a multi-month high, with the token hitting its strongest point since February.<\/p>\n

AVAX\/USD \u2013 Daily Chart<\/figcaption><\/figure>\n

Overall, AVAX is currently on a seven-day winning streak, which was extended following a breakout of a ceiling at $18.50.<\/p>\n

Price strength is now at a reading of 66.54, with an upcoming resistance point at the 70.00 mark.<\/p>\n

Should it reach this target, there is a strong possibility that AVAX will be trading above $20.00.<\/p>\n

Register your email here to get weekly price analysis updates sent to your inbox:<\/p>\n

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Do you expect AVAX to climb for an eighth straight day on Sunday? Let us know your thoughts in the comments.<\/strong><\/em><\/p>\n

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\nEliman Dambell <\/h6>\n

\nEliman was previously a director of a London-based brokerage, whilst also an online trading educator. Currently, he commentates on various asset classes, including Crypto, Stocks and FX, whilst also a startup founder.<\/p>\n<\/div>\n<\/div>\n

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Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n

Disclaimer<\/strong>: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com<\/a> does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.<\/p>\n

Read More<\/a>
\n Eliman Dambell<\/p>\n","protected":false},"excerpt":{"rendered":"

Cardano rose to a fresh multi-month high on Saturday, as the token surged for a ninth consecutive session. The price is now up by over 15% in that time, cementing its place as the world\u2019s seventh-largest cryptocurrency. Avalanche is also trading higher, hitting a two-month high in the process. Cardano (ADA) Cardano (ADA) once again<\/p>\n","protected":false},"author":1,"featured_media":629670,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[171,31885],"tags":[],"class_list":{"0":"post-629669","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-biggest","8":"category-movers"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/629669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=629669"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/629669\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/629670"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=629669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=629669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=629669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}