With the advent of altcoin season, Shiba Inu reached its ATH and registered over 40% gain on its daily charts. Altcoins like Cardano and Solana flashed bearish signals in the near term.
TradingView, ADA/USDT
After hitting its two-week high on 21 October, ADA headed towards the south and consolidated within its immediate resistance and support levels that stood at $2.298 and $2.086, respectively. The fourth-largest cryptocurrency oscillated within the aforementioned narrow range since the past month.
As the bears exerted constant pressure, the altcoin traded at $2.125, after noting a loss of nearly 2% over the last day. The Relative Strength Index (RSI) stood close to the 41-mark, visibly depicting preference for the sellers.
Also, the +DI
Read more on ambcrypto.com