Cardano along with all the other potential Coinbase listing mentioned coins have spiked after ZRX got listed yesterday evening. After making a higher low, the fast-moving EMA seems to be leveling off and if we can get price to close above this zone, we could see another test of resistance around the 1319 mark. However, volume is missing so far therefore if we do push higher, it would be nice to see a high volume push into supply and possibly break this zone.
We see a blue candle being printed, which indicates upwards momentum but we would need this close blue or green to remain bullish.
Of course, any news or rumors that Cardano has been listed on Coinbase could see a ZRX-type reaction in price.
I think only decentralized coins get listed on coinbase. Cardano is not yet decentralized (Shelley must be released first)
CM_Trades
⋅
@pol13337, it was on the list on coins potentially listed so there’s a good chance!
pol13337
⋅
@Crypto_Terminal_Chris, Yea i know, but it is against their rules to add centralized coins. So if they follow the rules, cardano will not be added until Shelley is released. Shelley will decentralize Cardano.