Cryptos that are from the early days of the crypto market or "legacy" seem to be increasing simultaneously.
Together with the appreciation brought by Bitcoin, the majority of these legacy cryptos have experienced significant appreciation, even escaping the market's attention.
In this article, we will discuss three legacy cryptos that have escaped the market's attention but have gone up quite significantly in the last few days.
Old Crypto Moves In Unison, Up Without a Whisper
1. Cardano (ADA)
The first crypto to experience significant appreciation in recent days is Cardano (ADA).
Previously, this crypto was considered one of the cryptos that would stagnate or "die" in the future.
This is because despite the positive news, namely a network update called Mary Mainnet the price did not increase significantly and even consolidated.
Crypto, which has been around since 2015, seems to have succeeded in proving the assumptions of the majority of the market wrong, with its appreciation taking it out of the zone of consolidation.
This appreciation came with the news of Coinbase's floating on the American stock exchange, where ADA is one of the crypto assets available on Coinbase.
Within one week, ADA managed to increase by about 33% more, which brought it to its new highs today.
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ADA price has now touched new highs around $ 1.53 or Rp22,403 and is still seen continuing to rise strongly.
Most likely the appreciation will undergo a minor correction to the previous upper limit to retest it.
Correction will likely be towards $ 1.47 before rebounding higher possibly up to $ 1.6.
In the long term the most likely target price for ADA is at $ 2.4 which is near the 161.8% Fibonacci Extension area.
2. Chainlink (LINK)
LINK is also one of the cryptos that has risen silently due to its price which has also formed a new high of around $ 37.9 or Rp.555,000.
In the past week, the crypto that has been around since 2017 has risen by around 22% more which brought it to its current highs
This appreciation also happened quietly due to the absence of positive sentiment or big news that pushed the price up.
However, appreciation seems to have occurred since the integration of LINK to several blockchains, one of which is Polkadot.
Chainlink has just integrated with Polkadot through its Oracle to facilitate the continuity of digital data to the real world and vice versa.
Because of this news, it seems that LINK has received a positive sentiment that has succeeded in pushing the price up until now.
Most likely at this time LINK will experience a correction before continuing its appreciation, to retry the previous upper limit.
For now it is likely that a correction will head towards $ 34.5 before it manages to climb above $ 37.9 and climb higher.
The long term target of LINK is around $ 61.3 which is in the 161.8% Fibonacci Extension area.
3. Bitcoin Cash (BCH)
The crypto that has also risen silently is Bitcoin Cash which seems to have followed Bitcoin's movement.
Currently BCH has risen to form a new high since December 2018.
Bitcoin cash has risen to over $ 820 and looks like it still has a pretty strong boost.
In the past week, crypto that has been born since 2017, managed to increase by more than 30%.
This appreciation occurs without the latest positive news, so this appreciation is classified as having escaped the market's attention.
Most likely this appreciation came after BCH was deemed innocent in a court case involving nine other parties.
As a result, at the moment the price seems to be recovering, and the correction seems to be that BCH is at the point of determination due to being in the upper zone of appreciation.
Most likely at this time the correction will occur towards $ 775 to $ 668 which if it is broken will bring the correction to the lower limit of appreciation around $ 542.
However if it manages to climb higher past $ 827, it is highly likely that BCH will continue to recover from its correction since its entanglement.
In the long term, the next target is seen at $ 1,338 which is in the 161.8% Fibonacci Extension area.
Right now the majority of the crypto market is experiencing appreciation with Bitcoin just hitting a new high of close to Rp1 Billion.
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