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Tag Archives: ADA

Cardano (ADA) Price Analysis: Risk of More Downsides Below $1.05

ADA price started a strong decline from well above the $1.350 level against the US Dollar. The price is now well below the $1.300 support and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $1.305 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue lower below the $1.100 and $1.050 support levels. Cardano price is declining and trading well below $1.200 against the US Dollar, similar...

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Cardano (ADA) Price Analysis: Surging Above $1.50, More Gains Possible

ADA price started a strong increase above the $1.350 and $1.400 resistance levels against the US Dollar. The price is now above the $1.400 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.2600 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue higher above the $1.550 and $1.600 resistance levels. Cardano price is trading with a positive bias above $1.450 against the US Dollar,...

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Cardano (ADA) Price Analysis: Bulls Eye Fresh Rally Above $1.25

ADA price failed to settle above $1.280 and corrected lower below $1.220 against the US Dollar. The price is now above the $1.160 support and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.220 on the 4-hours chart (data feed via Bitfinex). The price is likely to start a fresh rally once there is a clear break above the $1.220 resistance. Cardano price is trading above a major support at $1.160 against the US...

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Cardano (ADA) Price Analysis: Trading Near Crucial Juncture

ADA price struggled to clear the $1.285 resistance and corrected lower against the US Dollar. The price is still above the $1.160 support and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.200 on the 4-hours chart (data feed via Bitfinex). The price could either rally above $1.200 or it might break $1.160 for a fresh decline. Cardano price is trading near a key juncture below $1.200 against the US Dollar, while...

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Cardano (ADA) Price Analysis: Support Turned Resistance at $1.20

ADA price topped near the $1.450 level and started a fresh decline against the US Dollar. The price is now trading below the $1.200 support and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.070 on the 4-hours chart (data feed via Bitfinex). The price remains at a risk of more losses below the $1.070 and $1.050 support levels. Cardano price is showing bearish signs below $1.200 against the US Dollar, similar to...

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Cardano (ADA) Price Analysis: Risk of a Downside Break

ADA price failed to correct above $1.100 and extended its decline against the US Dollar. The price is now consolidating near the $1.000 support and well below the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.100 on the 4-hours chart (data feed via Bitfinex). The price remains at a risk of a sharp decline below the $1.000 and $0.9800 support levels. Cardano price is showing bearish signs below $1.100 against the...

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Cardano (ADA) Price Analysis: High Chances of a Fresh Increase

ADA price corrected lower and found support near the $1.040 level against the US Dollar. The price is now consolidating above $1.100 support, but it is below the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $1.1350 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue higher above the $1.200 unless there is a close below $1.050. Cardano price is showing positive signs above $1.050...

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Cardano (ADA) Price Analysis: Why The Bulls Remain In Control

ADA price extended its rally above the $1.250 resistance and $1.350 against the US Dollar. The price is trading nicely above the $1.200 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.180 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue higher above the $1.30 unless there is a close below $1.150. Cardano price is trading in a strong uptrend above $1.000 against the US...

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Cardano (ADA) Price Analysis: Why Dips Remain Attractive Below $1

ADA price extended its rally and it even surged above the $1.00 resistance against the US Dollar.The price is trading nicely above the $0.9500 support and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.9550 on the 4-hours chart (data feed via Bitfinex).The price is likely to continue higher above the $1.05 unless there is a close below $0.9500.Cardano price is trading in a strong uptrend above $0.9500 against the US Dollar, similar to...

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Cardano (ADA) Price Analysis: Why It Could Soon Test $1

ADA price traded towards the $1.00 resistance level before correcting lower against the US Dollar.The price dived below $0.8000, but it recovered and settled above the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance near $0.8650 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher above the $0.9000 and $0.9200 resistance levels in the near term.Cardano price is showing positive signs above $0.8500 against the US...

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