USD

AED

AFN

ALL

AMD

ANG

AOA

ARS

AUD

AWG

AZN

BAM

BBD

BDT

BGN

BHD

BIF

BMD

BND

BOB

BRL

BTN

BWP

BYN

BZD

CAD

CDF

CHF

CLF

CLP

CNH

CNY

COP

CRC

CUC

CUP

CVE

CZK

DJF

DKK

DOP

DZD

EGP

ERN

ETB

EUR

FJD

FKP

GBP

GEL

GHS

GIP

GMD

GNF

GTQ

GYD

HKD

HNL

HRK

HTG

HUF

IDR

ILS

IMP

INR

ISK

JMD

JOD

JPY

KES

KGS

KHR

KMF

KPW

KRW

KWD

KYD

KZT

LAK

LBP

LKR

LRD

LSL

LYD

MAD

MDL

MGA

MKD

MMK

MNT

MOP

MRO

MRU

MUR

MVR

MWK

MXN

MYR

MZN

NAD

NGN

NIO

NOK

NPR

NZD

OMR

PAB

PEN

PGK

PHP

PKR

PLN

PYG

QAR

RON

RSD

RUB

RWF

SAR

SBD

SCR

SDG

SEK

SGD

SHP

SLL

SRD

SSP

STD

STN

SVC

SYP

SZL

THB

TJS

TMT

TND

TOP

TRY

TTD

TWD

TZS

UAH

UGX

UYU

UZS

VES

VND

VUV

WST

ZAR

ZMW

ZWL

NewsBTC 2022-08-27 20:56:50

AdEx Price Gains 20% As Market Plunges, Are Bulls Behind The Pump?

The price of AdEx (ADX) explodes with a double-digit gain against Tether (USDT) as bulls push the price to a higher region. Despite the market downtrend in recent days with Bitcoin (BTC) and Ethereum (ETH) all (Data from Binance) Related Reading: Polkadot Dev’t Activity Up In Last 7 Days, Despite Steady Drop In DOT Price AdEx (ADX) Price Analysis On The Weekly Chart From the chart, the price of ADX, after seeing a major run to a high of $1.2, took a downward spiral to a region of $0.16 with what seems to be low on the weekly chart. ADX has formed good support in that region as the price bounced quickly to $0.18 above its support area. The price of ADX has not shown much strength as the price has been unable to move past its low by a considerable margin. The price of ADX faces resistance at a region of $0.2; if the price fails to break this region, we could see the price of ADX retesting its weekly low, acting as support for ADX price. ADX closed the previous monthly candle with a bearish momentum, with the new week’s candle more bullish with signs of relief. For the price of ADX to trend higher, it needs to break above $0.2 and hold the price from falling below its support area. Weekly resistance for the price of ADX – $0.2. Weekly support for the price of ADX – $0.15. AdEx Price Analysis On The Daily (1D) Chart The price of ADX has found itself ranging in a channel as the price aims to break out of the chann...

Related News

XRP Price Prediction For December 22
22 Dec 2024
Cardano Eyes $6 As ADA, DOGE and RBLK Attract Unpr...
22 Dec 2024
Litecoin, HBAR ETFs Speculation Soars – Lunex Gain...
22 Dec 2024
Cardano (ADA) Could Fall 15%, Here’s Why
22 Dec 2024
Forget Chainlink ($LINK): FXGuys ($FXG) Aims for 5...
21 Dec 2024
Cronos and Toncoin Holders Could Transform $100 In...
21 Dec 2024

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.

AdEx Price Gains 20% As Market Plunges, Are Bulls Behind The Pump?

Most Read News

Related News