Uniswap hovers around $6.30 at press time on Friday, extending a strong bullish phase. The pair has pushed well beyond the 50-, 100-, and 200-day Exponential Moving Averages (EMAs) near $4.2640, $3.9145, and $4.0034, respectively, suggesting a broadly supportive trend backdrop.
Cardano (ADA) extends its gains, trading above $0.224 on Friday, after retesting and finding support around a key support zone earlier this week. Improving derivatives positioning and accumulation by certain whale wallets are adding to the bullish sentiment, while strengthening momentum indicators suggest ADA could see further gains if the recovery continues.
Bitcoin trades above $80,762 at press time on Thursday, maintaining a bullish near-term bias after a 5% rise the previous day. The King Crypto holds well above the 50-, 100-, and 200-day Exponential Moving Averages (EMAs), which cluster between roughly $69,700 and $72,500. The pair is advancing toward the 78.6% Fibonacci retracement of the latest downswing from $97,924 to $57,800 at $87,476. A confirmed breakout above this zone could target the previous swing high at $97,924.
Be the first to comment