{"id":195524,"date":"2021-10-29T00:30:01","date_gmt":"2021-10-28T19:00:01","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=195524"},"modified":"2021-10-28T18:58:50","modified_gmt":"2021-10-28T13:28:50","slug":"cardano-solana-polkadot-price-analysis-28-october","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/cardano-solana-polkadot-price-analysis-28-october\/","title":{"rendered":"Cardano, Solana, Polkadot Price Analysis: 28 October"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">Bitcoin and Ethereum visibly displayed signs of revival by noting 4% and 3.8% gains on their daily charts, respectively. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">A<\/span><span data-preserver-spaces=\"true\">ltcoins like Cardano, Solana, and Polkadot obliged by presenting an easing bearish momentum.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Cardano (ADA)<\/span><\/strong><\/p>\n<figure id=\"attachment_195526\" aria-describedby=\"caption-attachment-195526\" style=\"width: 2985px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/ADAUSDT_2021-10-28_16-41-14.png\"><img decoding=\"async\" class=\"wp-image-195526 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/ADAUSDT_2021-10-28_16-41-14.png\" alt=\"\" width=\"2985\" height=\"1298\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/ADAUSDT_2021-10-28_16-41-14.png 2985w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/ADAUSDT_2021-10-28_16-41-14-300x130.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/ADAUSDT_2021-10-28_16-41-14-1024x445.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/ADAUSDT_2021-10-28_16-41-14-768x334.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/ADAUSDT_2021-10-28_16-41-14-1536x668.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/ADAUSDT_2021-10-28_16-41-14-2048x891.png 2048w\" sizes=\"(max-width: 2985px) 100vw, 2985px\" \/><\/a><figcaption id=\"caption-attachment-195526\" class=\"wp-caption-text\">TradingView, ADA\/USDT<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Over the month, ADA oscillated laterally and assumed consolidation between $2.086 and $2.298 until it hit its two-week high on 21 October and headed towards the south. Since then, it gradually plunged until it breached the floor price and poked its eleven-week low at $1.804. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Over the last week, ADA bears have visibly shown vigor as it noted a nearly 7% decrease on its charts. <\/span><span data-preserver-spaces=\"true\">The currency traded at $2.008 at press time. If the ADA bulls successfully exert more pressure, they aim to breach the immediate resistance at $2.086 and look at a new one at $2.298.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The\u00a0<\/span><strong><span data-preserver-spaces=\"true\">Relative Strength Index (RSI)\u00a0<\/span><\/strong><span data-preserver-spaces=\"true\">displayed a bearish trendline that resonated with the increased selling power. After plunging to the oversold territory at 21.02 on 28 October, RSI showed signs of revival and possible ease in bearish momentum by heading towards the midline.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Also,<\/span><strong><span data-preserver-spaces=\"true\"> MACD <\/span><\/strong>hi<span data-preserver-spaces=\"true\">stogram flashed shorter light red bars while the\u00a0<\/span><strong><span data-preserver-spaces=\"true\">Awesome Oscillator\u00a0<\/span><\/strong><span data-preserver-spaces=\"true\">displayed green signals, indicating a slight decrease in selling strength.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Solana (SOL)<\/span><\/strong><\/p>\n<figure id=\"attachment_195529\" aria-describedby=\"caption-attachment-195529\" style=\"width: 2985px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/SOLUSD_2021-10-28_17-49-35.png\"><img decoding=\"async\" class=\"wp-image-195529 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/SOLUSD_2021-10-28_17-49-35.png\" alt=\"\" width=\"2985\" height=\"1299\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/SOLUSD_2021-10-28_17-49-35.png 2985w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/SOLUSD_2021-10-28_17-49-35-300x131.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/SOLUSD_2021-10-28_17-49-35-1024x446.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/SOLUSD_2021-10-28_17-49-35-768x334.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/SOLUSD_2021-10-28_17-49-35-1536x668.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/SOLUSD_2021-10-28_17-49-35-2048x891.png 2048w\" sizes=\"(max-width: 2985px) 100vw, 2985px\" \/><\/a><figcaption id=\"caption-attachment-195529\" class=\"wp-caption-text\">TradingView, SOL\/USD<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">SOL has projected a bullish momentum since 3 October as it registered a 48% gain on monthly charts. The crypto&#8217;s price oscillated in an uptrend marking higher highs and hit its ATH on 25 October at $218.92. Then, it plunged towards the lower trendline and bounced back from it. At press time, the digital currency traded at $196.71 and noted $215.1675 as its resistance point. Key technicals point towards decreasing buying power in the near term.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The\u00a0<\/span><strong><span data-preserver-spaces=\"true\">RSI\u00a0<\/span><\/strong><span data-preserver-spaces=\"true\">stood near the oversold territory on 28 October and witnessed a surge as it headed slightly above the midline. Higher lows marked by the lower trendline with lower lows on the indicator trendline hint towards a possible bullish divergence.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Additionally,<\/span><strong><span data-preserver-spaces=\"true\">\u00a0MACD\u00a0<\/span><\/strong><span data-preserver-spaces=\"true\">Histogram flashed shorter light red bars while the\u00a0<\/span><strong><span data-preserver-spaces=\"true\">Awesome Oscillator <\/span><\/strong><span data-preserver-spaces=\"true\">displayed green signals, indicating a decrease in selling strength.\u00a0<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Polkadot (DOT)<\/span><\/strong><\/p>\n<figure id=\"attachment_195531\" aria-describedby=\"caption-attachment-195531\" style=\"width: 2985px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/DOTUSDT_2021-10-28_18-01-56.png\"><img decoding=\"async\" class=\"wp-image-195531 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/DOTUSDT_2021-10-28_18-01-56.png\" alt=\"\" width=\"2985\" height=\"1299\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/DOTUSDT_2021-10-28_18-01-56.png 2985w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/DOTUSDT_2021-10-28_18-01-56-300x131.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/DOTUSDT_2021-10-28_18-01-56-1024x446.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/DOTUSDT_2021-10-28_18-01-56-768x334.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/DOTUSDT_2021-10-28_18-01-56-1536x668.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/10\/DOTUSDT_2021-10-28_18-01-56-2048x891.png 2048w\" sizes=\"(max-width: 2985px) 100vw, 2985px\" \/><\/a><figcaption id=\"caption-attachment-195531\" class=\"wp-caption-text\">TradingView, DOT\/USDT<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">The altcoin traded at $42.52 after noting a nearly 61.67% ROI over the last month. Since the inception of the month, DOT price action has displayed a bullish trajectory by oscillating in an ascending wedge pattern. Also, the salient technical indicators pointed towards decreasing selling strength.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The\u00a0<\/span><strong><span data-preserver-spaces=\"true\">Relative Strength Index (RSI)\u00a0<\/span><\/strong><span data-preserver-spaces=\"true\">stood near the midline after surging by nearly 15 points, indicating increasing buying strength.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\"> Furthermore, the\u00a0<\/span><strong><span data-preserver-spaces=\"true\">MACD\u00a0<\/span><\/strong><span data-preserver-spaces=\"true\">flashed light red bars, and the\u00a0<\/span><strong><span data-preserver-spaces=\"true\">Awesome Oscillator<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0flashed green signal bars affirming the previous readings.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin and Ethereum visibly displayed signs of revival by noting 4% and 3.8% gains on their daily charts, respectively. Altcoins like Cardano, Solana, and Polkadot obliged by presenting an easing bearish momentum. Cardano (ADA) Over the month, ADA oscillated laterally and assumed consolidation between $2.086 and $2.298 until it hit its two-week high on 21<a href=\"https:\/\/ambcrypto.com\/cardano-solana-polkadot-price-analysis-28-october\/\">Continue reading <span class=\"sr-only\">&#8220;Cardano, Solana, Polkadot Price Analysis: 28 October&#8221;<\/span><\/a><\/p>\n","protected":false},"author":55,"featured_media":195532,"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-195524","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, Solana, Polkadot Price Analysis: 28 October - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Bitcoin and Ethereum visibly displayed signs of revival by noting 4% and 3.8% gains on their daily charts, respectively.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ambcrypto.com\/cardano-solana-polkadot-price-analysis-28-october\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cardano, Solana, Polkadot Price Analysis: 28 October - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"Bitcoin and Ethereum visibly displayed signs of revival by noting 4% and 3.8% gains on their daily charts, respectively. 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