Instances in which the Golden cross flashed were in Bitcoin and Ethereum which was succeeded by a major rally.
The year 2020 had begun with Cardano surging from a low of $0.037 to its recent high of $0.067, profiting by more than 70% within the time frame. Cardano seems to have found support around $0.058 level which analysts foresee it having a breakout if maintained. On the other hand, if Cardano breaches this resistance, it may trip downwards to touch a midterm support level of $0.055.
EOS, in similitude with Cardano, had begun the year on a good note, since January to date; the digital asset price had recorded nearly 100% increase, surging from $2.50 to near $5.00 and later $ 5.46 where it sits at the moment.
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