The post Altcoins Recover At The Bottom Of The Chart appeared on BitcoinEthereumNews.com.

Mar 09, 2025 at 09:56 // Price The best-performing altcoins are moving from the bottom to the top of the chart. The recovery of cryptocurrencies has been hindered by the barriers of moving average lines. Since HBAR and CRO have risen but are between the moving average lines, the price is moving in a range. Cardano Cardano (ADA) is in a sideways trend, although it has fallen below the moving average lines. ADA fell to $0.84 and hovered above the 50-day SMA. A further decline to the lows of $0.65 and $0.55 will be signaled by a break below the moving average lines. Cardano will rise and regain the high at $1.20.  Meanwhile, the bears are trying to break below the 50-day SMA. The coin that is performing the best is ADA. The current price: $0.8226 Market capitalization: $28,976,952,539.3 Trading volume:  $3,427,847,475.95 7-day gain: 42.38% Bitcoin Cash Bitcoin Cash (BCH) has recently recovered from a low of $271 after falling below the moving average lines. The price indicator predicts a decline but is rising again at the Fibonacci extension of $1,272 or $324.29.Although BCH has corrected upwards today, the moving average lines have held it back. The price is moving above the $300 support but below the moving average lines.  On a positive note, BCH will resume a positive trend if buyers keep the price above the moving average lines. The altcoin will rally to the high of $500.80. The bullish momentum will eventually reach the high of $624. The cryptocurrency with the second best performance is BCH. The current price: $379.26 Market Capitalization: $7,524,414,661.52 Trading Volume:  $569,245,506.77 7–day Gain: 35.63% Hedera The trend for Hedera (HBAR) is sideways. The digital asset was rejected twice at the $0.40 resistance level. HBAR corrected upwards after falling above the low of $0.18. The moving…

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Filed under: News - @ March 9, 2025 11:17 am