Cardano, Cosmos, Dogecoin Price Analysis: 31 January

Cardano was unable to break above $0.367 but the overall trend was still bullish as the candlesticks remained above their 20-SMA and 50-SMA. Cosmos traded close to its immediate resistance and indicated the likelihood of an upward breakout as the indicators flashed bullish signals. Dogecoin cut its losses at $0.024 and was projected to move rangebound on the charts.
Cardano [ADA]
Source: ADA/USD, TradingView
Cardano’s price was rejected at $0.367 once again as the bulls were unable to breach the strong resistance level. The current price action was highlighted by the Chaikin Money Flow, whic