Licensed exchange now offers Argentine peso funding to trade with several major cryptocurrencies, other Latin American fiat currencies coming soon.
Here’s the list of cryptocurrencies that are expected to broaden the Coinbase’s offering at the advent of the exchange’s excessive expansion.
On the threshold of Coinbase to list Cardano, Zcash, and Stellar, the prices of the coins have started to surge.
The bulls are trying to defend $0.069 demand zone which will make the Cardano price to bounce and rally to the north towards the supply zone of $0.075.
A new infographic by Bitcoinplay explains the nature of cryptos are and provides details about the 25 most prominent digital currencies.
Should Cardano price fall to the demand zone of $0.069, and the bulls defend this zone, ADA price will bounce to the north towards the supply zone of $0.080. ADA will resume its uptrend movement towards the supply zone of $0.088.
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.
The price has formed a “symmetrical triangle” pattern on the 4-Hour chart. It is currently below the 4-day EMA which has crossed the 50-day EMA downward below the supply zone of $0.08 inside the symmetrical triangle. The bullish breakout from the symmetrical triangle is imminent.
Only a radical fundamental event can forcefully bring about a significant rally in the market on the daily chart.