Source Image: twitter.comMarket participants are supporting Fundstrat's Global Advisors stance; they believe moving averages and other technical factors are forming the bullish pattern. The potential for higher adaptation could also support Bitcoin Cash price movement. Devere Group, which has clients from over 100 countries, has announced it would add Bitcoin Cash to its recently released cryptocurrency exchange app Devere Crypto. Coin.ph, the leading cryptocurrency exchange in the Philippines, started supporting Bitcoin Cash on their platform. They say the addition is an attempt to support lower cost blockchain payment networks. "Using these new blockchain ecosystems, Coins customers will be able to benefit from a wide variety of services built on top of these technologies," the company said in a statement.
IOTA and Cardano are Moving Higher
Source Image: coinmarketcap.comAlthough the rest of the cryptocurrency market remains range bound, IOTA (MIOTA) and Cardano (ADA) are generating substantial gains. IOTA is the biggest gainer among the top ten cryptocurrencies today. Its price rose 9% early today to $1.87 level. Cardano, which is the seventh largest coin based on market capitalization, is the second biggest gainer today. ADA coin price rose 5% early today. The rest of the top ten coins are making small sideways moves. Featured Image: Twitter