CandleFocus Chainlink, Avalanche, Injective, and Cardano Poised for Breakout as Bitcoin Consolidates
2024-10-18
Author: Content Editor
The crypto market is experiencing buying pressure as multiple altcoins, including Chainlink, Avalanche, Injective, and Cardano, gain traction. The total market cap of the crypto sector has increased by 0.67% in the past 24 hours. While Bitcoin consolidates, Chainlink has surged by over 4%, Avalanche has increased by 0.5%, and Injective has risen by 1.40%. Despite trading at discounts to their all-time highs, these altcoins have seen significant gains in recent weeks and months. Investors are also anticipating a bullish run for Cardano's native token, ADA, which has risen by 0.69% in the past day and 4.80% over the past 30 days. However, readers are advised to exercise caution and conduct their own research before making any investment decisions.
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