{"id":175228,"date":"2021-08-06T01:30:59","date_gmt":"2021-08-05T20:00:59","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=175228"},"modified":"2021-08-06T08:24:11","modified_gmt":"2021-08-06T02:54:11","slug":"cardano-aave-and-zcash-price-analysis-05-august","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/cardano-aave-and-zcash-price-analysis-05-august\/","title":{"rendered":"Cardano, AAVE and Zcash Price Analysis: 05 August"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Even as Bitcoin started to retrace on charts, altcoins closely followed the movement and stopped moving upward. The likes of ADA and ZCash noted minor falls by 0.9% and 0.8% respectively, while AAVE reported a significant gain of 12.3%.<\/span><\/p>\n<p><b>Cardano<\/b><\/p>\n<figure id=\"attachment_175230\" aria-describedby=\"caption-attachment-175230\" style=\"width: 1817px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ADA-AUG-5.png\"><img decoding=\"async\" class=\"size-full wp-image-175230\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ADA-AUG-5.png\" alt=\"Cardano, AAVE and ZCash Price Analysis: 05 August \" width=\"1817\" height=\"735\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ADA-AUG-5.png 1817w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ADA-AUG-5-300x121.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ADA-AUG-5-1024x414.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ADA-AUG-5-768x311.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ADA-AUG-5-1536x621.png 1536w\" sizes=\"(max-width: 1817px) 100vw, 1817px\" \/><\/a><figcaption id=\"caption-attachment-175230\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/ADAUSD\/?exchange=BINANCE\">ADA\/USD<\/a>, TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\"><a href=\"http:\/\/ambcrypto.com\/why-its-best-cardanos-traders-remain-on-the-lookout\/\">Cardano has<\/a> been moving between $1.38 and $1.33 over the last few days. The next support region lay at $1.25. Market volatility might be a factor that comes into play as <\/span><b>Bollinger Bands <\/b><span style=\"font-weight: 400;\">indicated no major divergence.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Red signal bars were seen on <\/span><b>Awesome Oscillator, <\/b><span style=\"font-weight: 400;\">indicating built-up of bearish pressure, <\/span><b>MACD <\/b><span style=\"font-weight: 400;\">on the other showed green histograms, which were declining. A price reversal could also make the coin trade above its immediate resistance level of $1.38.\u00a0<\/span><\/p>\n<p><b>AAVE<\/b><\/p>\n<figure id=\"attachment_175231\" aria-describedby=\"caption-attachment-175231\" style=\"width: 1816px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/AAVE-AUG-5.png\"><img decoding=\"async\" class=\"size-full wp-image-175231\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/AAVE-AUG-5.png\" alt=\"Cardano, AAVE and ZCash Price Analysis: 05 August \" width=\"1816\" height=\"735\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/AAVE-AUG-5.png 1816w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/AAVE-AUG-5-300x121.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/AAVE-AUG-5-1024x414.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/AAVE-AUG-5-768x311.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/AAVE-AUG-5-1536x622.png 1536w\" sizes=\"(max-width: 1816px) 100vw, 1816px\" \/><\/a><figcaption id=\"caption-attachment-175231\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/AAVEUSD\/?exchange=BINANCE\">AAVE\/USD,<\/a> TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\"><a href=\"http:\/\/ambcrypto.com\/this-is-what-youre-missing-about-aaves-growth-price-action\/\">AAVE<\/a> surged drastically over the last 2 days; it noted a 12.3% increase overnight as the coin was priced at $354. If the uptrend momentum is maintained, the coin would soon push through resistance level of $381. AAVE\u2019s uptrend could be related to its recent development; Bitwise Investments launched its \u201cBitwise AAVE Fund\u201d. <\/span><span style=\"font-weight: 400;\"><strong>Awesome Oscillator<\/strong> painted a bullish picture as green signal bars gained strength; <strong>MACD<\/strong> reaffirmed by flashing green histograms at press time.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The considerable boom of AAVE forced the coin to move into the overvalued zone, although at the time of writing the coin fell from that territory as seen on <strong>Relative Strength Index.<\/strong><\/span><\/p>\n<p><b>ZCash <\/b><\/p>\n<figure id=\"attachment_175234\" aria-describedby=\"caption-attachment-175234\" style=\"width: 1816px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ZCASH-AUG-5.png\"><img decoding=\"async\" class=\"size-full wp-image-175234\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ZCASH-AUG-5.png\" alt=\"Cardano, AAVE and ZCash Price Analysis: 05 August \" width=\"1816\" height=\"735\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ZCASH-AUG-5.png 1816w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ZCASH-AUG-5-300x121.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ZCASH-AUG-5-1024x414.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ZCASH-AUG-5-768x311.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ZCASH-AUG-5-1536x622.png 1536w\" sizes=\"(max-width: 1816px) 100vw, 1816px\" \/><\/a><figcaption id=\"caption-attachment-175234\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/ZECUSD\/?exchange=BINANCE\">ZEC\/USD<\/a>, TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\"><a href=\"http:\/\/ambcrypto.com\/xrp-bitcoin-sv-and-zcash-price-analysis-august-1\/\">ZCash<\/a> lost 2.1% valuation over the last 24 hours and if it breaches the $108 level it may even fall to $98. Technical outlook gave a bearish signal as the red signal bars were visible on <\/span><b>Awesome Oscillator <\/b><span style=\"font-weight: 400;\">and <\/span><b>MACD&#8217;s <\/b>r<span style=\"font-weight: 400;\">eading noted two red histograms at press time.\u00a0<\/span><\/p>\n<p><b>Chaikin Money Flow <\/b><span style=\"font-weight: 400;\">used the midline to gain support but a fall in prices could push the coin into the bearish zone.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Even as Bitcoin started to retrace on charts, altcoins closely followed the movement and stopped moving upward. The likes of ADA and ZCash noted minor falls by 0.9% and 0.8% respectively, while AAVE reported a significant gain of 12.3%. Cardano Cardano has been moving between $1.38 and $1.33 over the last few days. The next<a href=\"https:\/\/ambcrypto.com\/cardano-aave-and-zcash-price-analysis-05-august\/\">Continue reading <span class=\"sr-only\">&#8220;Cardano, AAVE and Zcash Price Analysis: 05 August&#8221;<\/span><\/a><\/p>\n","protected":false},"author":45,"featured_media":175237,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,41,18,66,3,4,20],"tags":[],"class_list":["post-175228","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-analysis","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>Cardano, AAVE and Zcash Price Analysis: 05 August - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Bitcoin has started to retrace on the charts, altcoins closely followed the same movement and stopped moving north. 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