SOL and ADA Price Analysis for January 30

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SOL and ADA Price Analysis for January 30
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Which altcoins can withstand the possible market fall? CardanoStiftung ADAcoin_ Cardano cardano Cardano_ emurgo_io

The rate of Cardano has dropped by 2.17% over the last 24 hours.

On the daily chart, the rate of Cardano has bounced off the resistance at $0.3980. At the moment, the price is trading near the support level at $0.3780. However, if the daily closure happens near it, the drop may lead to the test of the $0.36 area shortly.Solana is less of a loser than Cardano , going down by 1%.

On the daily time frame, the price of Solana has come back to the support at $23.65. The selling volume has increased, which means that bears may have locally seized the initiative.

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