Following Bitcoin\u2019s path of recovery, altcoins such as ADA and SOL displayed relatively improved price action. ADA could test the immediate resistance at $1.47 and SOL observed a 1.5% recovery in prices. THETA, despite a 3.4% fall over the last 24 hours, managed to float over its $5.73 price floor.\u00a0<\/span><\/p>\n Cardano <\/b><\/p>\n ADA\/USD<\/a>, TradingView<\/p>\n<\/div>\n Cardano<\/a> rose substantially during the bull rally, which was observed across the broader crypto market, however, it failed to push over the $1.47 resistance level. <\/span>ADA had already touched the resistance line of $1.47 in the last 48 hours and was gearing to test line for the third time as prices stood at $1.46.\u00a0<\/span><\/p>\n ADA\u2019s charts flashed mixed signals as Awesome Oscillator, after prolonged bearish signal, noted a green signal bar at press time. MACD, on the other hand, still observed red histograms.\u00a0<\/span><\/p>\n Market volatility could decline slightly, given the constricted Bollinger Bands at press time. A dip from the current prices would mean ADA\u2019s prices rest at $1.38.<\/span><\/p>\n SOL<\/b><\/p>\n SOL\/USD<\/a>, TradingView<\/p>\n<\/div>\n Solana<\/a> noted an increase in prices by 1.5% over the last 24 hours, it was trading at $38.90 at press time. SOL\u2019s resistance level remains at $39.80 which the coin tried to topple over on Aug 07 and was currently headed towards that price ceiling.\u00a0<\/span><\/p>\n Buying strength dipped as pictured on Relative Strength Index, however, despite the downtick buyers preceded sellers in the market. MACD continued to observe a bearish signal on the midline.\u00a0<\/span><\/p>\n Lastly, a bullish signal was spotted on Awesome Oscillator as a consequence of price recovery.\u00a0<\/span><\/p>\n THETA<\/b><\/p>\n THETA\/USD<\/a>, TradingView<\/p>\n<\/div>\n![\"Cardano,](\"https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2021\/08\/09183944\/ADAUSD_2021-08-09_17-52-10.png\")
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