In case the demand zone of $0.075 holds, the price will bounce to the north and break the strong supply zone of $0.080, Cardano price will resume its uptrend movement towards the supply zone of $0.088.
In case the bulls increase their momentum and sustain it, there is a possibility that the pair would head towards the north with very strong momentum.
In case the distribution level of $111 is broken up, the pair will resume its uptrend movement and upper distribution territory of $119 will be exposed.
In case bears increase their momentum there is a probability that the price will experience downtrend movement below the support level of $0.025.
CipherTrace estimated that hackers stole $927 million from the cryptocurrency exchanges during 2018. By the end of the year this number is expected to hit $1 bilion.
The price broke the demand level of $0.24 and the downtrend movement was experienced and this exposed it to another demand level of $0.21.
There is a probability for the downward movement this week; traders should follow the trend patiently.
The report provides data on the ICO market trends of 2018, with special emphasis given to the analysis of changes, which took place in October 2018, specifically October 1-7, 2018.
The report covers data on the crypto market movements during 2018. Special focus has been given to the analysis of changes taking place over October 1-7, 2018.
There is a probability for a breakout of the price from the resistance level of $0.028 in case the bulls increase their momentum.