HomeNewscoinquora.comJune 11 Price Analysis for ALGO, APE, ADA, AAVE, and AVAX

June 11 Price Analysis for ALGO, APE, ADA, AAVE, and AVAX

- Advertisement -


  • As of today, the entire crypto market is down by 3.76%.
  • At the moment, ALGO seems to be suffering the same fate as it is down by 5.72%.
  • ADA has been performing rather well over the last few days, rising by about 40.47% in anticipation of the Vasil Hard Fork.

As of today, the entire crypto market is down by 3.76%, and just yesterday, the S&P 500 index also fell by 2.7%.

At the moment, Algorand (ALGO) seems to be suffering the same fate as it is down by 5.72%. The altcoin has seen a downtrend throughout the whole month so far. As a result, its price dropped from $0.74 to about $0.36.

ALGO/USD (Source: FXEmpire)
ALGO/USD (Source: FXEmpire)

With regard to ApeCoin (APE), it has been falling on the charts ever since hitting its all-time high in April. The crypto saw an almost 11% drop in price over the last week alone. Over the last 24 hours, APE saw a 3.18% drop in price. On the other hand, it does seem like a trend reversal could be in the cards for APE as bearishness on the Awesome Oscillator has been on the decrease.

APE/USD (Source: FXEmpire)
APE/USD (Source: FXEmpire)

Cardano (ADA), on the other hand, has been performing rather well over the last few days, rising by about 40.47% in anticipation for the Vasil Hard. Unfortunately, the crypto did feel the impact of the overall bear market when it dipped by 3.24% over the last 24 hours.

ADA/USD (Source: FXEmpire)
ADA/USD (Source: FXEmpire)

Over the last seven days, AAVE (AAVE) has seen a 10.36% drop in price. It is now looking to regain the $100 support level, which could prove to be difficult.

It does seem like the bullish crossover that has gained momentum since May could invalidate the bearish crossover.

AAVE/USD (Source: FXEmpire)
AAVE/USD (Source: FXEmpire)

Avalanche (AVAX) continued its downtrend that started in April. Since then, the crypto has lost around 78.26% in value. As of today, AVAX’s is worth $22.30, which is a 7.01% drop in price in 24 hours.

AVAX/USD (Source:FXEmpire)
AVAX/USD (Source:FXEmpire)

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CQ. No information in this article should be interpreted as investment advice. CQ encourages all users to do their own research before investing in cryptocurrencies



Source link

- Advertisement -
Mr Bitcointe
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,580FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 20,311.44
ethereum
Ethereum (ETH) $ 1,542.97
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 118.46
litecoin
Litecoin (LTC) $ 62.46
eos
EOS (EOS) $ 1.16
okb
OKB (OKB) $ 19.85
tezos
Tezos (XTZ) $ 1.38
leo-token
LEO Token (LEO) $ 4.74
cardano
Cardano (ADA) $ 0.403047
monero
Monero (XMR) $ 150.21
stellar
Stellar (XLM) $ 0.109373
chainlink
Chainlink (LINK) $ 7.91
huobi-token
Huobi (HT) $ 8.61
tron
TRON (TRX) $ 0.061818
usd-coin
USD Coin (USDC) $ 1.00
dash
Dash (DASH) $ 42.76
neo
NEO (NEO) $ 8.44
iota
IOTA (MIOTA) $ 0.259307
nem
NEM (XEM) $ 0.038992
zcash
Zcash (ZEC) $ 51.09
maker
Maker (MKR) $ 853.66
paxos-standard
Pax Dollar (USDP) $ 0.998518
ethereum-classic
Ethereum Classic (ETC) $ 25.22
vechain
VeChain (VET) $ 0.024133
true-usd
TrueUSD (TUSD) $ 1.00
ftx-token
FTX (FTT) $ 24.49
kucoin-shares
KuCoin (KCS) $ 10.02
waves
Waves (WAVES) $ 3.36