Crypto Market Edges Higher as Bitcoin Crosses $87K; Cardano Eyes Breakout
0
0
- Bitcoin, Ethereum, and altcoins like ADA are slowly moving upward again.
- Analyst says Cardano might jump 27% if resistance breaks soon.
- Cardano whales recently sold 180 million tokens.
The top 10 cryptocurrencies are showing signs of recovery following a quiet weekend in the markets. Bitcoin surged past $87,000, while Ethereum gained around 2%, helping to lift broader sentiment. Other major altcoins like Cardano (ADA), Dogecoin (DOGE), and XRP also posted slight gains, clawing back losses from earlier in the month.
Analyst Eyes Potential 27% Cardano Breakout
Cardano, in particular, has attracted attention as it recovers from a week-long dip. According to crypto analyst Ali Martinez, ADA is currently consolidating within a triangle formation, which typically precedes significant price movement.
Martinez predicts a potential 27% breakout, should ADA breach the upper resistance.
This comes just days after Cardano whales reportedly sold 180 million ADA tokens over a five-day …
The post Crypto Market Edges Higher as Bitcoin Crosses $87K; Cardano Eyes Breakout appeared first on Coin Edition.
0
0
Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
