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Cryptocurrencies Price Prediction: Ethereum, Bitcoin & Cardano – American Wrap 20 September

Cardano tests key resistance, ready for rally if breaks above symmetrical triangle

Cardano (ADA) price trades within a symmetrical triangle on Friday, a breakout from which could signal a rally ahead. ADA’s rising open interest further supports the bullish thesis, as do the recent movements seen in previously dormant wallets.
BTCUSD edged higher on Friday and hit new three week high, in attempts to extend 4.6% advance on Thursday.
Ether's (ETH) recent bout of underperformance may be over and the world's second largest cryptocurrency could be ready to shine again, both in fiat terms and relative to bitcoin (BTC), Steno Research said in a report on Thursday.
 
 

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