{"id":133142,"date":"2020-12-26T03:00:12","date_gmt":"2020-12-25T21:30:12","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=133142"},"modified":"2020-12-25T17:53:47","modified_gmt":"2020-12-25T12:23:47","slug":"ethereum-ethereum-classic-cardano-price-analysis-25-december","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/ethereum-ethereum-classic-cardano-price-analysis-25-december\/","title":{"rendered":"Ethereum, Ethereum Classic, Cardano Price Analysis: 25 December"},"content":{"rendered":"

After Bitcoin<\/a> noted a gain in price, altcoins Ethereum, Ethereum Classic and Cardano followed suit and rose along with the broader market.<\/p>\n

Ethereum [ETH]<\/strong><\/h4>\n

\"\"<\/a>Source: ETH\/USD<\/a>, TradingView<\/span><\/p>\n

ETH’s 4-hr chart showed that prices have been consolidating between\u00a0 $575.50 and $637.46 for the past 4 days. At press time, the world’s second-largest cryptocurrency was rising along with Bitcoin, up nearly 7% in the last 24 hours. Recently, prices bounced back from support at $578.88 and traded above $600 as buyers regained control of the market. In the near future, prices could continue their bullish momentum and head towards resistance at $637.46.<\/p>\n

Awesome Oscillato<\/strong>r indicated that bullish momentum was on the rise, in line with the price movement, as the green bars moved towards the zero line.\u00a0Chaikin Money Flow<\/strong> suggested that capital inflows were one of the factors leading to the recent price movement.<\/p>\n

Ethereum Classic [ETC]<\/h4>\n
\"\"<\/a>
Source: ETC\/USD<\/a>, TradingView<\/figcaption><\/figure>\n

After a drastic fall that saw ETC test support at $5.05, prices quickly surged, gaining nearly 15% in the last 52 hours. At the time of writing, the cryptocurrency was trading at $5.72, up 9.5% from yesterday. The gain saw prices breach above resistance at $5.77. The short term outlook for ETC is also bullish, as prices could continue upwards and challenge the next ceiling at $6.25.<\/p>\n

MACD<\/strong> showed a bullish crossover as the fast-moving line rose above the signal line.<\/p>\n

On Balance Volume<\/strong> confirmed that the price surge was backed by a healthy number of buyers in the market.<\/p>\n

Cardano [ADA]<\/h4>\n
\"\"<\/a>
Source: ADA\/USD<\/a>, TradingView<\/figcaption><\/figure>\n

ADA’s daily price movement was higher than its counterparts, rising by over 13% in the past 24 hours. However, similar to Ethereum, ADA’s price was also in consolidation from mid-December. The charts showed that support at $0.129 was tested twice during the month, but prices swiftly reversed in each case. Although ADA traded between a tight channel of $0.15 and $0.16 at press time, prices could rise above this channel over the next few trading sessions.\u00a0 If prices rise, resistance at $0.172 could come into focus.<\/p>\n

Relative Strength Index<\/strong> registered a spike in movement and headed towards the overbought zone, indicating strong buying pressure.<\/p>\n

Parabolic SAR<\/strong> was below the candlesticks and depicted bullishness for the crypto asset.<\/p>\n","protected":false},"excerpt":{"rendered":"

After Bitcoin noted a gain in price, altcoins Ethereum, Ethereum Classic and Cardano followed suit and rose along with the broader market. Ethereum [ETH] Source: ETH\/USD, TradingView ETH’s 4-hr chart showed that prices have been consolidating between\u00a0 $575.50 and $637.46 for the past 4 days. At press time, the world’s second-largest cryptocurrency was rising alongContinue reading “Ethereum, Ethereum Classic, Cardano Price Analysis: 25 December”<\/span><\/a><\/p>\n","protected":false},"author":37,"featured_media":133162,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,41,32,18,66,3,4,20],"tags":[],"class_list":["post-133142","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-analysis","category-ethereum-news","category-hide-cryptopanic","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"\nEthereum , Ethereum Classic, Cardano Price Analysis: 25 December<\/title>\n<meta name=\"description\" content=\"After Bitcoin noted a gain in price, altcoins Ethereum, ETC and ADA followed suit and rose along with the broader market.\u00a0\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ambcrypto.com\/ethereum-ethereum-classic-cardano-price-analysis-25-december\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum, Ethereum Classic, Cardano Price Analysis: 25 December - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"After Bitcoin noted a gain in price, altcoins Ethereum, Ethereum Classic and Cardano followed suit and rose along with the broader market. 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