Bitcoin (BTC) is the top cryptocurrency in the market, followed by other coins like Cardano (ADA). Lately, BTC seems to suffer from price declines, dropping 72% during the crypto winter.
After one final decline in the cryptocurrency market, the price of BTC may have reached the end of its correction.
Cardano (ADA) is gaining popularity for its NFTs. The same goes for The Hideaways (HDWY), a new crypto project focusing on luxury real estate NFTs.
Bitcoin’s Relative Strength Index Painted Red
Since reaching a peak of $25,211 in August 2022, the price of BTC has been falling inside a declining wedge. The decline brought the price to a low of $18,125 in September.
Currently, BTC is trading at $19,416, marginally higher than in previous months but not much of a big leap.
The coin’s RSI is down in the red line at 39.89, overcoming the 30-mark indicator, indicating the possibility of a bullish trend.
Cardano NFTs Steals The Show
Cardano (ADA) is putting more effort into improving its NFTs,...
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