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Biggest Movers: ADA Extends Gains, as SOL Consolidates on Saturday – Market Updates Bitcoin News

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ADA climbs on Saturday, as SOL continues to consolidate near $20.00.

Following a low of $0.3783 on Friday,As a result of the move, cardano moved further away from a recent floor at $0.3775, following a failed breakout attempt.From the chart, it appears that bulls rejected the breakout after the 14-day relative strength index bounced from a floor at 55.00.

At the time of writing, the index is tracking at 56.96, with a ceiling at 60.00 a potential target for traders.Solana After a volatile week of trading, solana entered the weekend marginally higher, however price uncertainty was also high.Saturday’s activity sees solana continue to hover close to a long-term floor at $20.15, and this comes following a crossover of moving averages .The 10-day MA moved below its 25-day counterpart earlier in the week, however was unable to extend its distance from this trendline.

 

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ADA Coin, despite its potential, suffers from slow development progress and lacks real-world adoption, making it a less attractive investment option.

People still believe in Solana? weird.

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Sol magic is gone ✨

2 days increase 300% expected to increase to 500usd

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