Cardano (ADA) had a violent correction on September 7, dipping 32%. In the meantime, investors and market participants are licking their wounds and have time to wrap their minds around what has happened these past few days.
Ethereum (ETH) stayed the course of other cryptocurrencies, under pressure from Bitcoin earlier this week. But with this dip comes the opportunity for buyers to pick up Ethereum and add to the portfolio.
XLM price has consistently struggled to make any meaningful push against the critical $0.40 resistance level. The 2021 VPOC (Volume Point-Of-Control) is at $0.4042 and has acted as the primary obstacle for Stellar since August 13th, 2021. Now, the cross-border remittances token is under threat from holding $0.30 and could move down into the $0.20 value area.