Possible Deep Correction Could Push Cardano Price To $0.43, Here’s How
The Cardano price action has continued to stall below the $1 mark in light of corrections in the past seven days. This correction, which played out across the entire crypto industry, saw Cardano break below the $1 mark again on December 18%. Although the broader trend suggests a possible move on the weekly timeframe towards a new all-time high (ATH), recent technical analysis on TradingView has opened up the possibility for a continued correction towards $0.43 before another strong upward move. Current Price Movements Highlight Resistance And Cooling Period According to technical analysis....
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Cardano (ADA) has been on fire recently. At this point, it is no longer a surprise to see the asset posts massive returns in just a short period of time. With so many big things lined up for the project, the price has continued to rally. Now, ADA has broken a critical resistance point in its race to the top. The coin had suffered dips following the knockdown from its first $3 resistance point test. But has successfully broken through this barrier. ADA carries out a successful retest of $3 | Source: ADAUSD on TradingView.com The early hours of the morning saw the price of the digital....
Cardano price has brought the bulls back to its chart. In the last 24 hours, ADA has appreciated over 7%. This price movement could be termed a rally. ADA had made no progress in the last week. However, it has soared up considerably over the past 24 hours. Technical indicators have sided with the bulls as demand for the altcoin rose. If the current price momentum continues over the next trading sessions, ADA could expect the bulls to regain better control over the market. The demand for the altcoin showed considerable appreciation, which has led to an increase in the number of buyers on....
The Bitcoin price rally is set to resume after a deep correction during the past days. The correction may still pull price down but only marginally. Analysis explores the state of trend and considers upside price targets as well as what to expect in the coming days. Writer's Note: This article's title may be better worded as "Bitcoin Price Rally Basing" to acknowledge the base building phase now in progress. However, the title was set at the time of publication and cannot be changed (after the fact) due to SEO considerations. Bitcoin Price Rally Resumes. Summary. Comments. Bitcoin Price....
One of the biggest altcoins in the crypto space, Cardano is an open-sourced blockchain network and cryptocurrency that has provided significant returns since its launch in 2017. However, after massive price corrections, investors are looking for new alternatives. This guide will discuss three of the best alternatives to Cardano, which can potentially provide high returns […]
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 […]