Cardano, one of the altcoins with exceptional performance in 2021, has now dropped 75 percent from its ATH. Recently, ADA lost the critical support level at $1. The price is now declining, forming a falling wedge, accompanied by 100-day MA (marked by a white line on the daily chart). The Daily Chart (USD Pair) Technical […]
ADA price remains on the edge as it trades near a vital support level on Thursday. ADA sustains $0.80 on the lower side as sellers make a comeback ignoring Wednesday’s upside momentum. Multiple support near the mentioned support zone makes it a crucial level to trade. A break above or below this level will dictate
The crypto town has been skittish to a greater extent and has left folks from town in turmoil. Who are in a dilemma over their plan of action, amidst the volatility and swings in the business? Whilst a number of digital assets are trading at a discount, a number of investors are mimicking the tactics …
Cardano price is unable to flip from the ongoing descending trend. Each attempt of going parabolic is impacting the price negatively. And hence, the price is expected to plunge towards lower support. However despite the huge bearish trend yet some possibility of flip surfaces as more whales are getting into the platform. But whether the …
The global coin market whilst being in the gloom has been aspiring for a catapulting flight to the stratosphere. The crypto folks have set their binoculars on a host of digital assets from the crypto directory. One such crypto asset is Cardano, which is under active consideration of not one but many, despite all the …
On March 1st, the Cardano (ADA) price was rejected from the $1 psychological level with an evening star candle pattern. The sellers sank the altcoin back to weekly support of $0.82. Can sellers extend this sell-off to newer levels, or would buyers step in to seize control from them? Key points The ADA price retest
Cardano (ADA) price edges higher on weekends with significant gains. The upside faces rejection near $1.01 and retraced 20% to test the lows of $0.81. But ADA price respects the ‘double support’ near $0.80 as the asset is in preparation to move higher in the short term. Cardano (ADA) trades higher on Saturday. Expect more
Cardano’s price has been lucrative throughout the year 2020-21. The asset rallied more than 15,000% since then to hit the ATH above $3 from the lower areas around $0.1. However, the asset has faced a major rejection here and since then continues to maintain a deep descending trend. Despite the current narrow accumulation, ADA price …
The price of the seventh largest cryptocurrency (ADA) has exploded to an all-time high of $3 since December 2019 before commencing a decline, influenced by the wider cryptocurrency market. Cardano is presently selling at $0.88, down from $0.75 following Russian President Vladimir Putin’s announcement of a “special military operation” in Ukraine that appears to be …