Is All-Time High Next? By U.Today
From Investing.com
November 9, 2024 12:00:20 am:
Bitcoin’s RSI is showing a double-top pattern, with the asset slightly overbought but holding firm. It has broken above $75,000, with strong support likely to continue as long as it remains above $70,000. High volume reinforces bullish sentiment as the price aims to reach $78,000.
Cardano (ADA) sees a notable uptick in value, breaking resistance levels and gaining investor attention. Overcoming the $0.35-$0.36 resistance zone has been a major factor driving this rally, supported by strong volume. ADA’s technical indicators suggest a long-term upward trend, but there may be a brief decline ahead.
Solana (SOL) surpasses $200, signaling potential for an all-time high. Increased network activity and popularity in the meme coin industry drive the rally. The DeFi ecosystem’s demand for SOL supports its price increase, with a path to $260 if it breaks through $216. Strong RSI values suggest continued buying interest.
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