Cardano Coin, FXT Token & Algorand — Asian Wrap 27 January

Cardano price points higher but faces resistance in the process. Key levels have been defined to gauge ADA’s potential price trajectory in the coming days. Cardano price continues to display bullish technicals as a new monthly high at $0.389 has been established on January 26. 

FTX saga seems to be getting personal as the bankrupt exchange’s lawyers are now targeting not the founder but his family members. Sam Bankman-Fried, despite being cooperative and helpful as much as even going to jail, has failed to turn up all the information about the misappropriated funds, resulting in the current development.

 

Algorand price has a bullish bias so long as the current market conditions persist. Key levels have been defined to gauge where the ALGO price will head next. Algorand price is maintaining its’ stance as the bulls have stair-stepped their way back into the mid-$0.20 zone.