Advertisement
AD

Main navigation

Advertisement

SOL and ADA Price Analysis for January 30

Advertisement
Mon, 30/01/2023 - 16:11
SOL and ADA Price Analysis for January 30
Cover image via www.tradingview.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

Bulls could not continue the weekend's rise, and all of the top 10 coins are in the red zone.

Advertisement

Top coins by CoinMarketCap

ADA/USD

The rate of Cardano (ADA) has dropped by 2.17% over the last 24 hours.

ADA/USD chart by TradingView

On the daily chart, the rate of Cardano (ADA) has bounced off the resistance at $0.3980. At the moment, the price is trading near the support level at $0.3780. However, if the daily closure happens near it, the drop may lead to the test of the $0.36 area shortly.

ADA is trading at $0.3811 at press time.

SOL/USD

Solana (SOL) is less of a loser than Cardano (ADA), going down by 1%.

SOL/USD chart by TradingView

On the daily time frame, the price of Solana (SOL) has come back to the support at $23.65. The selling volume has increased, which means that bears may have locally seized the initiative.

Related

In this case, the breakout of the mentioned mark may be a prerequisite for a fall to the $22 zone. Such a scenario is relevant until mid-February.

SOL is trading at $24.30 at press time.

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD