Long-term analysis of Cardano digital currency In the long term, the market is in an ascending channel that can be on a new upward path, which can complete this path in the form of 5 Elliott waves and reach the target of 20.0000. 8000% growth rate The important range and main support is 0.5000 This analysis is for long term and investment.
Cardano has exited the bottom of its trading range and entered a downtrend. This inference is made from the formation of lower highs and lows compared to previous ones, as well as the formation of a descending channel. Additionally, it is expected that the price within this channel will experience fluctuations. The blue box area is considered as a significant and...
CRYPTOCAP:ADA , like many other altcoins, is currently in a downward trend. The asset has recently broken through another support level, reaching a local low of $0.450. Given its strong correlation with CRYPTOCAP:BTC , a further decline in CRYPTOCAP:ADA appears likely. Potential support levels for sellers might be found at $0.430 and in the range of...
Cardano is poised for significant growth in the next period! ADA stands out as one of the most developed blockchain in recent years. Factors like decentralization, proof-of-stake consensus, and upcoming features contribute to this growth, along with the project's focus on interoperability and a thriving community. Potential 10x Targets: 1.2$ 2.3$ 5.0$ ...
Cardano is currently testing its $0.5 support level. The outcome of this test (whether breaking this support or being upheld by it) will soon determine the future trend. The next resistance level is at $0.61, while the upcoming support level is identified at $0.37. (All analyses will be updated) This analysis is informational, not financial advice. Good luck!
By checking the Cardano chart in the weekly time frame, we can see that the price entered the specified supply range based on our analysis and started to fall from 0.6140 and fell to 0.4866! This fall will continue if we stabilize the weekly candle below the price of 0.4650, in which case we can expect more fall from Cardano! Otherwise, targets above 1 dollar are...
Cardano (ADAUSDT) has been a standout in the ever-evolving world of digital assets over the last several years. As I dig into its current analysis, we'll focus on key Fibonacci levels, resistance points, and potential breakout scenarios based on recent price movements. The insights discussed here should help you better understand the current state of ADA's...
Cardano failed to break the last high, and the resistance zone did its job well, preventing the price from growing further. With the return of the price, we see the formation of a double-top pattern. If the selling pressure is to the extent that it breaks the support area downwards and confirms the price pattern, we expect the price to experience the price area...
From mid-October to December, BINANCE:ADAUSDT experienced a remarkable rally, surging by approximately 250%. However, after two unsuccessful attempts to surpass 0.7 in December, the coin began a retracement, eventually dipping below 0.5 at the onset of the new year. The recovery from this recent decline appears feeble, marked by a lower high on our chart, and...
Hello fellow traders, hope everyone is doing well. In this post I try to explain What & Why is expected from Cryptomarket in Q1 2024. This idea is based on micro and macro economy outlook, in which the most important part is Interest Rate of FED as a moving tool. Aswell, note that current market environment in which Interest Rates was elevated occured only ...
Hello guys! adausd has formed a cup and handle pattern and its handle will continue to touch FL zone i mean $0.22 and after that this cryptocurrency can break out handle and touch main target for sure (final target $19) i know this is crazy but what is not!!! If you agree with my analysis or you are happy, please hit the "like" button and "follow"!
• After breaking its ascending trend line, Cardano tested its major support at the daily Fibonacci zero zone. • Subsequently, ADA rose and is currently positioned precisely at its key support area. • Should the price fail to stabilize above this support, especially with the bearish pattern nearing completion, a return towards the lower support is...
Cardano ( CRYPTOCAP:ADA ), the renowned blockchain platform, is gaining significant attention as a potential candidate for future exchange-traded funds (ETFs) in the U.S. With the cryptocurrency community actively discussing the approval of altcoin-based ETFs following the green light for Bitcoin ETFs, Cardano has emerged as a front-runner in this new wave of...
Trade setup : Price remains in an uptrend. Following a bearish breakout from an Ascending Triangle pattern, price pulled back near $0.46 support, which could be an attractive swing entry in Uptrend with upside potential back to $0.65. Stop Loss (SL) at $0.43. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD...
I believe that Cardano will have a great run this next bullrun. The chart looks bullish and I believe it has finished its correction and consolidation, considering it only did about a 10x in the last run give or take, I think this one has some room to grow. This next one may be the big run for ADA in my opinion. In the short term I see ADA falling down about 40%...
a survivor with solid community and supporters tested through times and strong hands with huge volume from seed rounds to reset accommodation levels have been rewarded year after year
It seems that 28 cents is cheap. If it can pull back a bit?, it's possible, but it's not impossible that it won't happen. This analysis may help someone. BS OR BBS - Buy signal or big buy signal SPU - Support point up PS Don't forget to SUPPORT the analysis and FOLLOW if you like MoralDisciple more.
Hello everyone! The crypto sphere is buzzing with the recent approval of the Bitcoin ETF, sparking a surge in altcoins. Among them, Cardano has been stealing the show. We've seen some successful entries with Cardano, including a notable one at $0.25. However, the critical level to watch now is $0.6863. Cardano must break this to signal a major breakout. This...