When it comes to looking at all of the top cryptocurrencies and their current market cap, it would appear there is a lot of conflicting momentum. While the majority of the top 10 is in the red, the Cardano price is moving up rather quickly. Its current gains seem promising, but breaking through the next key resistance level will prove to be very difficult first and foremost. As such, it remains to be seen if the day will end on a high for ADA.
Cardano Price Uptrend Comes Under Pressure
It is evident most of the top currencies will stand or fall based on what happens to Bitcoin. While it seems the world’s leading cryptocurrency is doing its own thing without too many problems, there is still a fair bit of uneasy market momentum to contend with as well. As of right now, it would appear Cardano is trying to buck this seemingly negative trend, but it appears there will be some hurdles along the way to contend with.
Over the past 24 hours, the Cardano price has risen by 3.9% in USD value and gained 3.6% over Bitcoin. Both of these…