Three Majors That Could Follow ADA’s Lead

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In Brief
  • ONT has broken out from the 625 satoshi support area but faces strong resistance at 735 satoshis

  • XLM has found support above 725 satoshis and the 100-day MA.

  • ATOM has broken out from a six month long descending resistance line.

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The prices of ONT, XLM, and ATOM have reclaimed long-term support levels. While ONT still faces significant overhead resistance, the road upwards for XLM and ATOM is relatively clear. The ADA price has increased considerably since the March 13 bottom with an impressive gain of 373%. While numerous other altcoins have posted similar gains, most majors are lagging behind. Cryptocurrency
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Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

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