{"id":166043,"date":"2021-06-23T19:00:11","date_gmt":"2021-06-23T13:30:11","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=166043"},"modified":"2021-06-23T15:21:01","modified_gmt":"2021-06-23T09:51:01","slug":"ethereum-cardano-solana-price-analysis-23-june","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/ethereum-cardano-solana-price-analysis-23-june\/","title":{"rendered":"Ethereum, Cardano, Solana Price Analysis: 23 June"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">As the king coin fell by 13% on the charts, the market&#8217;s alts followed its lead. Ethereum, for instance, lost 13% of its value in just two days, with ETH noting slight signs of recovery at press time Likewise, Cardano [ADA] depreciated by 18.56% in seven days but was recovering somewhat. Finally, Solana hiked by 22% after the 21 June dip.\u00a0<\/span><\/p>\n<p><b>Ethereum [ETH]<\/b><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Eth_2306.png\"><img decoding=\"async\" class=\"aligncenter wp-image-166044 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Eth_2306.png\" alt=\"\" width=\"1783\" height=\"812\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Eth_2306.png 1783w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Eth_2306-300x137.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Eth_2306-1024x466.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Eth_2306-768x350.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Eth_2306-1536x700.png 1536w\" sizes=\"(max-width: 1783px) 100vw, 1783px\" \/><\/a><span style=\"font-size: 14px;\">Source: <\/span><a style=\"font-size: 14px;\" href=\"https:\/\/www.tradingview.com\/symbols\/ETHUSD\/\">ETH\/USD<\/a><span style=\"font-size: 14px;\"> \u2013 TradingView<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ethereum, the market&#8217;s king altcoin, after testing the $1,988 support on 21 June, fell below the same. However, it made a swift recovery in just one day as it again retested the $1988-level and flipped it back to support.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With the appearance of green candlesticks on the 4-hour chart of ETH, the prevailing trend was slightly bullish. This corresponded with the <\/span><b>Parabolic SAR<\/b><span style=\"font-weight: 400;\">\u2019s white dots that appeared below the candlesticks on the chart.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Further, capital inflows for the asset saw a slight hike as the indicator noted an uptick, at press time, according to the <\/span><b>Chaikin Money Flow<\/b><span style=\"font-weight: 400;\">. The indicator has been below the zero-line for a while, keeping outflows dominant as it lingered in bearish territory. However, if the price hike continues, inflows might touch a net positive figure again.\u00a0\u00a0<\/span><\/p>\n<p><b>Cardano [ADA]<\/b><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Cardano_2306.png\"><img decoding=\"async\" class=\"aligncenter wp-image-166045 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Cardano_2306.png\" alt=\"\" width=\"1783\" height=\"811\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Cardano_2306.png 1783w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Cardano_2306-300x136.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Cardano_2306-1024x466.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Cardano_2306-768x349.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Cardano_2306-1536x699.png 1536w\" sizes=\"(max-width: 1783px) 100vw, 1783px\" \/><\/a><span style=\"font-size: 14px;\">Source: <\/span><a style=\"font-size: 14px;\" href=\"https:\/\/www.tradingview.com\/symbols\/ADAUSD\/\">ADA\/USD<\/a><span style=\"font-size: 14px;\"> \u2013 TradingView<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ADA was trading at $1.27, at press time, after recovering from its fall under the key support level at $1.23. The press time resistance for the altcoin was $1.38, a level that can be tested if ADA\u2019s price gain continues. The fifth-ranked alt noted a 7-day price fall of 18.04% whereas its 24-hour price saw a hike of 7.06%. Bullish momentum can be observed building on the <\/span><b>Awesome Oscillator<\/b><span style=\"font-weight: 400;\"> with the appearance of green bars.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Further, <\/span><b>Bollinger Bands<\/b><span style=\"font-weight: 400;\"> for the asset highlighted increased volatility and pointed to a more expanded price range as the asset recovered from its lower lows. The <\/span><b>Relative Strength Index (RSI)<\/b><span style=\"font-weight: 400;\"> for ADA was in the neutral zone and noted a figure of 47.7 at press time. While the RSI\u2019s uptick highlighted an increase in buying pressure, buyers and sellers were equally dominant.<\/span><\/p>\n<p><strong>Solana [SOL]<\/strong><\/p>\n<figure id=\"attachment_166048\" aria-describedby=\"caption-attachment-166048\" style=\"width: 1783px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/SOL_2306.png\"><img decoding=\"async\" class=\"wp-image-166048 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/SOL_2306.png\" alt=\"\" width=\"1783\" height=\"812\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/SOL_2306.png 1783w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/SOL_2306-300x137.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/SOL_2306-1024x466.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/SOL_2306-768x350.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/SOL_2306-1536x700.png 1536w\" sizes=\"(max-width: 1783px) 100vw, 1783px\" \/><\/a><figcaption id=\"caption-attachment-166048\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/SOLUSD\/?exchange=BINANCEUS\" target=\"_blank\" rel=\"noopener\">SOL\/USDT<\/a> on TradingView<\/figcaption><\/figure>\n<p><a href=\"http:\/\/ambcrypto.com\/polkadot-solana-and-chainlink-price-analysis-june-20\/\"><span style=\"font-weight: 400;\">SOL<\/span><\/a><span style=\"font-weight: 400;\"> breached its key support level at $36.1 on June 20 and oscillated close to the mark before registering a 34.7% price fall in just one day. On June 22, the asset breached its support at $23.23, however, it made fast recoveries from this fall. It was priced at $30.6, at the time of writing, and was down 47.42% from its ATH with a <\/span><a href=\"https:\/\/messari.io\/asset\/solana\/metrics\"><span style=\"font-weight: 400;\">breakeven multiple<\/span><\/a><span style=\"font-weight: 400;\"> of 1.90.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The altcoin recovered by almost 26% after the June 21 price fall as the <\/span><b>Awesome Oscillator<\/b><span style=\"font-weight: 400;\"> suggested that bullish momentum was building up on its 4-hour chart. Additionally, the slight convergence of the <\/span><b>Bollinger Bands<\/b><span style=\"font-weight: 400;\"> projected reduced price volatility and a comparatively restricted price range for the alt.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Finally, the <\/span><b>MACD<\/b><span style=\"font-weight: 400;\"> and Signal lines underwent a bullish crossover on June 23.\u00a0 <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the king coin fell by 13% on the charts, the market&#8217;s alts followed its lead. Ethereum, for instance, lost 13% of its value in just two days, with ETH noting slight signs of recovery at press time Likewise, Cardano [ADA] depreciated by 18.56% in seven days but was recovering somewhat. Finally, Solana hiked by<a href=\"https:\/\/ambcrypto.com\/ethereum-cardano-solana-price-analysis-23-june\/\">Continue reading <span class=\"sr-only\">&#8220;Ethereum, Cardano, Solana Price Analysis: 23 June&#8221;<\/span><\/a><\/p>\n","protected":false},"author":42,"featured_media":166052,"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-166043","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":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Ethereum, Cardano, Solana Price Analysis: 23 June - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Ethereum, the market&#039;s king altcoin, after testing the $1,988 support on 21 June, fell below the same. 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