Cardano Retests Key Support As SEC Delays ETF Decision – Is An October Rally ...
As the decision on Grayscale’s spot Cardano (ADA) Exchange-Traded Fund (ETF) has been delayed, the altcoin is retesting a key area. Some analysts have suggested that a massive rally is brewing after the price bounced from the range lows. Related Reading: Chainlink Ready For Massive Breakout? A 15% Drop May Come First Cardano Drops As Spot ETF Gets Delayed On Tuesday, Cardano started to recover from its start-of-week correction after bouncing from a crucial area. The cryptocurrency has been trading within the $0.84-$0.96 price range since its breakout in early August, reaching a five-month....
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XRP has recovered from the recent market pullback and is attempting to confirm the $3.00 level as support. However, an analyst suggested that the cryptocurrency risks a new retest of the range lows before bullish momentum continues. Related Reading: Cardano Retests Key Support As SEC Delays ETF Decision – Is An October Rally Brewing? XRP’s Daily Close Key For Momentum XRP has reclaimed a crucial level as support while the crypto market stabilizes from this week’s market downturn. The altcoin has been trading sideways over the past week, hovering between $2.85-$3.10 range. The....
On Sunday, Cardano (ADA) saw a massive 80% pump following the US President’s announcement of a “Crypto Strategic Reserve” that will include ADA. As the cryptocurrency retests its key support levels, some analysts believe it might be poised for a 125% rally from current levels. Related Reading: Dogecoin Breaks Above Falling Wedge Pattern – Analyst Sets $0.43 Target Cardano Attempts Reclaiming $1 On March 2, US President Donald Trump announced the establishment of a “US Crypto Reserve” comprised of Cardano, XRP, and Solana (SOL), with Bitcoin (BTC) and Ethereum (ETH) at the heart of the....
Cardano (ADA) continues to hold firm at the $0.85 support level, despite recent volatility and mixed technical signals. Related Reading: XRP Whales Unload Massive Bags: Distribution Or Trap? The altcoin has been consolidating within a tight range, with traders closely watching the $0.95 resistance zone. A breakout above this level could pave the way for ADA to retest $1, while failure to maintain support risks a deeper pullback toward $0.80. Over the past week, ADA’s price has hovered between $0.82 and $0.87, reflecting cautious market sentiment. ADA's price trends to the upside on the....
Crypto analyst Trend Rider has drawn Cardano (ADA) holders’ attention to the crypto token’s potential to experience a significant price rally soon enough. Based on Trend Rider’s analysis, Cardano could rise to as high as $3 when this happens. Cardano To Rise To $3 If History Repeats Itself Trend Rider mentioned in an X (formerly Twitter) post that if history repeats itself, Cardano might be on the brink of its “ultimate support test” before it makes a parabolic move to the upside. He further suggested that the crypto token could soar to $3, considering the same happened in October 2020....
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 […]