Adaanalysis
ADAUSD - Which side are you on?--- Please if you find this informative and/or agree with the idea don't forget to give a like. Thank you! ---
It seems that after again testing recent highs in early May, Cardano is sort of waiting for a big move, as other coins are as well. It is just matter of strenght!
It is slightly looking for the resistance level formed by the highs of June 2019 and February of this year.
To be honest, it would take a couple of days in green to reach the 0.786 level and consolidate that area for more growth. On the other side you already know what there is. ;)
In a two-hour view we can see how right now it is trying to return to the highs of April 30, with rising RSI and without being oversold. So far, so good.
We leave this analysis before the imminent supposed golden cross in a few days is completed and thus be able to see the result.
And which side are you on?
Thanks for your appreciation.
ADABTC Daily chart analysis ☑️ADA Daily chart update-
We are on a supply zone now. Buying volume has declined and looks like sellers have taken control. We might have topped out, we are not sure on this as we don't have any strong downside move on 4 hourly chart so market makers can make any more upside move to trap the more excited buyers. We have a rejection and hidden Bearish div. On RSI which is a bearish sign. As BTC this week is really volatile and mostly moving upside, ada mostly tends to go downward.
We have near important level as a support 520-525. We will have to see reaction at this before the level 450 our final Target.
This Analysis is based on mid term, not for scalping or short term. Plz manage your risk and stay safe !!
CARDANO Bears Overcoming BullsCurrent Status of Cardano (ADA): Currently, the money is exchanging at an estimation of $0.037975 and its worth is diminishing by 3.23%. The estimation of the ADA against Bitcoin is at 0.00000461 BTC and its worth is diminishing by 2.06%. The market capitalization of the Cardano is $999,836,109 and the 24-hour volume of the cash is $45,727,156. The coursing supply of the cash is 25,927,070,538 ADA and the ROI of the money is 77.89%.
Recently likewise, the money was exchanging around the scope of $0.038765 and the market top of the cash is $1,005,070,222. The ROI of the money is additionally diminished today as it was around 78.82% yesterday. The most recent week, Cardano likewise experience the bearish rectification in its worth. On the past Monday, 23rd September the money was exchanging at the estimation of $0.048098 at 11:44 UTC. The amendment began from Tuesday and on Wednesday the bears' turned out to be relentless and the worth reaches up to $0.037962.
News Source : TheCoinRepublic




