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Cardano, Litecoin, NEAR Price Analysis: 25 December
Reading now: 969
The past few days marked Cardano’s attempt to alter the broader outlook. But it needed to cross the $1.47-mark on increased volumes to counter its long-term bearish tendencies. While LTC saw a drop from the $167 level, it was yet to confirm a strong uptrend.
Contrarily, NEAR showed no signs of slowing even after poking its ATH on 24 December. Now, the overbought RSI threat lurked around the corner.
TradingView, ADA/USDT
On the 4-hour chart, ADA saw an ascending broadening wedge (white) after its bulls upheld the crucial 21-week support at the $1.2-mark. The price action bounced back from this level and breached its long-term trendline resistance (Green, since 9 November).
The alt saw a 23.29% ROI from the 20 December low until it saw a
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