Charts Reveal Cardano Holds Key Support Zone – Staying Above Could ‘Set The N...
Cardano (ADA) has faced massive volatility and extreme price swings, with panic spreading across the crypto market as altcoins continue to struggle. Over the past few days, ADA has dropped more than 28% since last Thursday, adding to the growing negative sentiment surrounding altcoins. As uncertainty grips the market, investors are closely watching whether Cardano can stabilize or if further downside is ahead. Related Reading: Ethereum Breaks Out Of Descending Triangle Pattern – Fakeout Or Recovery Rally? Despite the bearish sentiment, key insights suggest that Cardano could be preparing....
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Cardano’s price recovered sharply from the $1.050 support zone. ADA is likely to continue higher if it clears the main $1.220 resistance zone in the near term. ADA is showing a lot of positive signs above the $1.150 pivot level against the US dollar. The price is trading nicely above $1.165 and the 100 simple […]
XRP price must break a key resistance level before $1.00 becomes a real possibility. While Bitcoin (BTC) is facing a potential new all-time high, other coins are showing strength as well. One of those coins is XRP, which has been going vertical in the previous weeks. XRP’s price surged from $0.22 to a high of $0.78 during the month of November, which immediately ended up in a massive correction towards $0.45.Let's take a look at the XRP price charts to determine whether this was an entry opportunity before the next leg up.The crucial zone around $0.45 holds as supportXRP/USDT 1-day chart.....
Solana (SOL) is showing resilience as it holds firmly above critical demand levels, signaling the potential for an upcoming rally. Despite broader market indecision, with Bitcoin (BTC) struggling to regain upward momentum, Solana’s price action suggests strength in the face of uncertainty. Investors are closely monitoring SOL’s ability to maintain its current levels, as a breakout could set the stage for substantial gains. Related Reading: Cardano Holds Crucial Support At $0.77 – Massive Rally Ahead? Top analyst Ali Martinez recently provided technical insights highlighting Solana’s most....
Cardano follows the general sentiment in the market and has seen appreciation over the past weeks. Although Bitcoin, Ethereum, and other major cryptocurrencies have been in a red market for months, ADA has displayed resilience staying well above its yearly open. At the time of writing, Cardano (ADA) trades at $1.58 with profit across the board. In the daily and weekly charts, ADA records a 7.4% and 20.2% profit. The market capitalization stands at $50 billion making it the fifth-largest cryptocurrency by this metric. Legendary trader Peter Brandt has been keeping a close eye on ADA’s....
Cardano price started a consolidation phase above the $0.700 zone. ADA is holding gains and might aim for a fresh increase above $0.7880. ADA price started a downside correction after a strong rally toward $0.8200. The price is trading above $0.740 and the 100-hourly simple moving average. There was a break above a short-term contracting triangle with resistance at $0.7550 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start another increase if it clears the $0.7880 resistance zone. Cardano Price Holds Gains Above Support In the past few days, Cardano saw....