Past Performance of Cardano ADA prices remain within a bear formation and below September 2022 highs at $0.52. Technically, Cardano sellers are in control, aligned with the bear bars of August 19 and September 13. In the past six trading days, despite optimism among traders, bulls have failed to unwind losses and prices remain trapped below $0.52 but ADA is...
Past Performance of Cardano Cardano prices rose on September 7, bouncing back after posting sharp losses on Tuesday. Currently, ADA prices may likely recover because of fundamental factors, allowing traders to double down and reversing the losses of September 6. As per the formation in the daily chart, traders may watch out for how prices react at $0.50, marking...
Just like Sleeping Beauty, Cardano is lying asleep, trapped in a green thicket represented by the green zone between $0.2767 and $0.9355. Here, the altcoin still has to finish wave 2 in green, which it should accomplish no later than the bottom of the green zone. Then, Cardano should get kissed awake and rise from the shrubbery, heading for the resistance at $1.64.
Ascending triangle on Cardano chart is broken up. Bullish movement to resistance level at 0.545 is expected to happen.
#ADA/USDT $ADA broke out from middle line of ascending channel. 🐮 so in short-term it can rise to upper line of channel that is the same with resistance zone around $0.495. 🐮🐮 if price breaking out from upper line of channel, it will continue upward move toward $0.53 and even $0.6. 🐻 rejection from upper line of channel may valid last analysis again!!
The ADAUSDT price for more than 4 months is traded in the range of $0.40-0.69 The minimum of 0.40 cents was still set during the May drop. During the next wave of the crypto market decline in June 2022, when most cryptocurrencies including Bitcoin updated their lows, Ada buyers were able to hold the price. And this is not surprising, because below $0.40 there is...
#ADA/USDT $ADA shaped ascending channel and price is between the middle line and lower line. 🐻 this channel can act as a bearish flag pattern and possible drop price toward long-term support zone around $0.41 which is the same with the broken line of the falling wedge. 🐻🐮 if price holds the support zone then possible to head up again to shape an inverted head...
Cardano bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 0.595 is expected to happen.
#ADA/USDT $ADA broke out descending trend line, and now in pullback touched the broken line that is the same with support zone and ascending support. 🐮 holding the current support zone can increase the price to break out of the wedge and reach the resistance zone. 🐻 break down from the support zone will drop the price to the lower line of the wedge.
Cardano broke trough the support level. Asset broke trough the ascending trendline. Bearish movement to support level at 0.4633 is possible.
Past Performance of Cardano Cardano buyers are still in the driving seat when writing, adding six percent in the past trading week despite losses in early July 25 sessions. Technically, ADA prices have more headroom and could register more gains in the sessions ahead following the reversal of losses posted in the second half of last week. From the daily chart,...
Since the 3usd figure ATH from last September, Cardano had fallen hard, losing more than 80% of its value. However, since the 0.4 zone low was made in May, the coin has started to consolidate in looked like it had found a bottom. The descending trend line is also broken to the upside as well as the horizontal 0.52 resistance. At this moment we can consider a...
Since January, Cardano has been trailing through the green zone between $0.93 and $0.27 more or less dynamically. Primarily, we expect the altcoin to move deeper into the green zone to finish wave 2 in green. Afterwards, it should develop massive upwards momentum to make it above the resistance at $1.64, which would then augur well for further ascent above the...
#ADA/USDT $ADA broke out from falling wedge pattern, and hold above long term support zone. 🐮 so at least it will fly to 0.236 fib level around $1 and possible to touch 0.5 fib level in long term.
The cryptocurrency market is at a crossroads. While some are tired of the fall of cryptocurrencies, and FUD only adds fuel to the fire in order to sell off their assets and forget about the crypto, others regularly bribe different crypto at levels. Today, we created an idea with a fractal of the possible behavior of the BTCUSDT price in 2022. And as we know,...
#ADA/USDT $ADA weekly trend line and fibonacci levels. price is above 1.272 fib level of last weekly swing high, last support will be 1.414 fib level at $0.158. and you can see the support levels in between. this will be the last support zone that price should hold it so we are mostly near the bottom. there is a green descending resistance that break out from...
The last time we made a global ADAUSDT forecast 5 months ago and as it turned out on the absolute price highs and roughly speaking all this time the price of ADA was fallen from $3 to $1 We tweaked the dynamic channels a bit from the previous idea and this is what we get: On the one hand, the ADAUSD price has bought back up for the eighth time from the...
So far, Cardano has apparently refused to drop deeper into the green zone between $0.9355 and $0.2767 and has not fallen below its last low. This could imply that the altcoin’s preparation for the coming ascent have already begun. However, we rather expect Cardano to make further use of the green zone to finish wave 2 in green at its bottom before moving upwards,...