{"id":180324,"date":"2021-08-30T01:30:24","date_gmt":"2021-08-29T20:00:24","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=180324"},"modified":"2021-08-29T19:11:52","modified_gmt":"2021-08-29T13:41:52","slug":"cardano-cosmos-polkadot-price-analysis-29-august","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/cardano-cosmos-polkadot-price-analysis-29-august\/","title":{"rendered":"Cardano, COSMOS, Polkadot Price Analysis: 29 August"},"content":{"rendered":"

Bitcoin and Ethereum showed signs of consolidation as BTC stood above the $48K mark and ETH struggled to take prices higher than $3200. Following the same trend, altcoins like Cardano and Polkadot observed restricted price movements. <\/span><\/p>\n

DOT eyed the immediate support level of $24.05 as buyers quit the market. Lastly, COSMOS rose up by 9% and aimed at retesting the\u00a0 $23.29 price ceiling.\u00a0<\/span><\/p>\n

Cardano (ADA)<\/b><\/h3>\n
\"Cardano,<\/a>
ADA\/USD<\/a>, TradingView<\/figcaption><\/figure>\n

ADA\u2019s prices have remained at the same level since yesterday, as it was trading at $2.89. It displayed range-bound movement, with chances of prices hovering between $2.93 and $2.66, next. <\/span><\/p>\n

Technical indicators pointed towards bullish tendencies in the market. An upward push could cause ADA to retest the $2.93 price ceiling.\u00a0\u00a0<\/span><\/p>\n

Buying strength shot up as Relative Strength Index<\/strong> stood at 60. Green bars on MACD<\/strong>\u2019s histogram showed signs of growth, which was an indication of regaining bullish strength.\u00a0\u00a0<\/span><\/p>\n

Bollinger Bands<\/strong> showed slight divergence, signaling high chances of market volatility.\u00a0<\/span>In case ADA<\/a> dips below the current price level, the immediate price floor stood at $2.66 and then at $2.39.\u00a0<\/span><\/p>\n

COSMOS (ATOM)<\/b><\/h3>\n
\"Cardano,<\/a>
ATOM\/USD<\/a>, TradingView<\/figcaption><\/figure>\n

COSMOS<\/a> was trading at $21.69 after it noted a sharp 9% jump over the last 24 hours. The alt had just toppled over its immediate resistance of $21.50. Continued northbound movement could push it to retest the $23.29 price ceiling.\u00a0<\/span><\/p>\n

MACD<\/strong> flashed green bars on its histogram, which implied a positive price movement. Buying strength remained in the bullish territory as the Relative Strength Index<\/strong> was pictured at 60.\u00a0<\/span><\/p>\n

Awesome Oscillator<\/strong>\u2019s green signal bars amplified affirming the aforementioned statements.\u00a0<\/span>In case of a corrective price pullback, the support levels were at $18 and then at $13.80.\u00a0<\/span><\/p>\n

Polkadot (DOT)<\/b><\/h3>\n
\"Cardano,<\/a>
DOT\/USD<\/a>, TradingView<\/figcaption><\/figure>\n

DOT<\/a> has been consolidating for the past few days. At press time, the coin was valued at $25.81. As buying pressure slowly dipped, trading around the present level, beyond immediate trading sessions could push DOT to rest at $24.05 and then $19.46, respectively.\u00a0<\/span><\/p>\n

Relative Strength Index<\/strong>, in agreement with the aforementioned statement, despite noting an uptick, threatened to fall below the half-line. Receding green bars on the MACD histogram pointed towards declining bullish price action.\u00a0<\/span><\/p>\n

Capital inflows remained low as the Chaikin Money Flow<\/strong> rested beneath the half-line.\u00a0<\/span>In case, DOT\u2019s price action reverses, it could attempt to topple over the $26.71 price ceiling and then trade near its $29.70 resistance mark.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin and Ethereum showed signs of consolidation as BTC stood above the $48K mark and ETH struggled to take prices higher than $3200. Following the same trend, altcoins like Cardano and Polkadot observed restricted price movements. DOT eyed the immediate support level of $24.05 as buyers quit the market. Lastly, COSMOS rose up by 9%Continue reading “Cardano, COSMOS, Polkadot Price Analysis: 29 August”<\/span><\/a><\/p>\n","protected":false},"author":45,"featured_media":180330,"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-180324","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":"\nCardano, COSMOS, Polkadot Price Analysis: 29 August - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Bitcoin and Ethereum emanated signs of consolidation as BTC stood above its $48K mark and ETH struggled to take prices higher than $3200...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/cardano-cosmos-polkadot-price-analysis-29-august\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cardano, COSMOS, Polkadot Price Analysis: 29 August - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"Bitcoin and Ethereum showed signs of consolidation as BTC stood above the $48K mark and ETH struggled to take prices higher than $3200. 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