NFT News by Thebittimes.Com

Bitcoin was back in the green on Saturday, as bulls returned to cryptocurrency markets to start the weekend. The token moved closer to a peak of $21,000, rebounding from Friday’s sell-off in the process. Ethereum was also higher in today’s session, climbing by nearly 10%. Bitcoin Bitcoin (BTC) rebounded from Friday’s sell-off in today’s session, as the token moved closer to a breakout of $21,000. Following yesterday’s low of $20,132.50, BTC/USD surged to an intraday high of $20,988.39 to start the weekend. Today’s move sees the world’s largest cryptocurrency hover close to its highest level in nearly six weeks. BTC/USD – Daily Chart As a result of today’s move, the 14-day relative strength index (RSI) is now nearing a ceiling of its own. Price strength has already failed to break out of the aforementioned resistance of 66.00 earlier this week, however bulls seem set on retesting this point. Should a breakout occur, ...

Cardano closed in on a one-week high to start the week, as the token climbed for a fourth straight session. Polygon was also in the green, and collided with a key resistance level in the process. Overall, the global crypto market cap is currently 1.30% higher as of writing this analysis. Cardano (ADA) Cardano (ADA) climbed for a fourth straight day to start the week, pushing it closer to a one -week high in the process. Less than 24 hours after falling to a low of $0.3498, the token surged to an intraday high of $0.3646 earlier today. The move saw ADA/USD hit its highest point since last Tuesday, moving towards a price ceiling in the process. ADA/USD – Daily Chart Looking at the chart, the aforementioned resistance of $0.3755, which was last hit on October 18, and seems to be the target for current bulls. In order to recapture this point, traders will first need to climb another resistance, this time on the 14-day relative strength index (RSI). As of writing this, the in...