Charted: Cardano (ADA) is Primed For a Rally And Only 1 Thing is Holding it Back
Cardano’s price climbed towards the $0.1150 resistance before correcting lower. Bitcoin price is in uptrend, and it seems like ADA price is likely to set up a break towards $0.1200. ADA started a downside correction after trading as high as $0.1134 against the US dollar. The price is still trading well above the $0.1000 support […]
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Ripple started a downside correction below $0.6500 against the US Dollar. XRP price is likely preparing for the next major move, similar to bitcoin and ETH. Ripple corrected lower, but it remained stable above $0.6000 against the US dollar. The price is struggling to clear $0.6500, but it is well above the 100 simple moving […]
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 may not be a top gainer in the crypto market but that does not mean that it has fallen behind. During the altcoin rally, the price of Cardano’s native coin ADA has gone from a low of $0.25 to a high of almost $0.4 before correcting back downwards. This positive trend has been preserved even through the crypto market dip and it seems that there is only one thing in the way of Cardano’s rise to a new yearly high. Falling Wedge Pattern Holds Back Cardano According to a crypto analyst on the TradingView website, the one thing that is holding back the Cardano price from mounting a....
Ethereum is recovering nicely above the $350 resistance zone against the US Dollar. ETH price is likely to accelerate higher if it settles above $362 and the 100 SMA (H4). ETH price started a decent recovery wave from the $310-$315 support zone against the US Dollar. The price is now trading above the $350 resistance […]
Cardano’s price is correcting higher from the $0.0880 support. Bitcoin price is surging, but ADA must climb above $0.0980 and $0.1000 to start a strong rally. ADA extended its decline towards the $0.0880 support before correcting higher against the US dollar. The price is now testing the $0.0950 resistance and it is well below the […]