Cardano price drops to level that sparked a 65% ADA rally in March — will his...
Strong ADA accumulation among whales is also in progress, according to on-chain data. Cardano (ADA) price has been rebounding after falling to the worst levels since February 2021. Meanwhile, a technical fractal suggests that ADA's upside retracement could continue in the coming weeks.Can ADA price extend the recovery?ADA's price has started bouncing after testing the same support area that preceded a 65% bull run in March 2022. Specifically, ADA/USD witnessed a bullish rejection as its price fell below $0.75 on Feb. 24, a move that followed a short period of sideways consolidation. It....
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Cardano has been struggling in the market over the last few weeks, completely erasing its gains from March. This continuous decline has put the digital asset in a perilous position as it has dropped drastically on the list of the top 10 cryptocurrencies by market cap. Cardano Bows Out To Toncoin And Dogecoin The first […]
Cardano’s price is holding the $0.0950 support level and recovering higher. However, ADA must surpass $0.1020 and $0.1040 to start a fresh rally in the near term. ADA traded as high as $0.1129 before declining below the $0.1050 support against the US dollar. The price is holding the $0.0950 support, but it is well below […]
Cardano (ADA) has been stuck in an accumulation zone for a couple of months now and has not seen the kind of run-up other large cryptocurrencies have experienced. This continued accumulation as well as trading in a very tight range could mean a very significant breakout when it finally happens and one crypto analyst has predicted an incredible surge along these lines. Cardano Could See A 16,500% Surge Tim Warren, one of the hosts of the Investing Broz show on Discord, took to X (formerly Twitter) to share a rather bullish Cardano chart. In the chart, Warren points out Cardano’s previous....
Cardano’s price is holding the $0.1000 support level and recovering higher. However, ADA must surpass $0.1085 and $0.1100 to start a fresh rally in the near term. ADA is facing a strong resistance near $0.1065 and $0.1085 against the US dollar. The price is trading nicely above the $0.1000 support and the 100 simple moving […]
Cardano, the 8th largest cryptocurrency in terms of market capitalization, traded for $0.38 at one point today to drop to the lowest it’s been for the past 21 months. ADA just recorded its 2022 all-time low of $0.36 Cardano may be on another bearish run all the way to the forecasted $0.25 mark IOG leans on strong fundamentals to have a bullish rally. The downward slide continues for ADA, as its price declined further. As of this writing, data from Coingecko shows the asset is trading at $0.36. It is now down by 6.9% for the past 24 hours and has lost 14.8% of its value for the last week.....