ADA price started a fresh increase above the $1.20 resistance against the US Dollar. The price is now trading well above $1.15 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $1.24 on the 4-hours chart (data feed via Bitfinex). The price is correcting gains, but the bulls are likely to remain active near $1.20 and $1.15. Cardano price started a decent recovery above $1.20 against the US Dollar, similar to...
Read More »Cardano (ADA) Price Analysis: More Downsides Likely Towards $1
ADA price started a fresh decline after it failed to surpass $1.30 against the US Dollar. The price is now trading well below $1.20 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.15 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue lower below the $1.10 support level in the near term. Cardano price is trading in a negative zone below $1.20 against the US Dollar, similar to...
Read More »Cardano (ADA) Price Analysis: Bears Aim Retest of $1.20
ADA price started a fresh decline after it failed to surpass $1.50 against the US Dollar. The price is now trading well below $1.35 and the 55 simple moving average (4-hours). There was a break below a key rising channel with support near $1.38 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue lower below the $1.25 support level in the near term. Cardano price is trading in a negative zone below $1.35 against the US Dollar, similar to...
Read More »Cardano (ADA) Price Analysis: More Gains above $1.50 Likely
ADA price started a fresh increase after it found support near $1.20 against the US Dollar. The price is now trading above $1.35 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $1.35 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue higher above $1.45 and $1.50 in the near term. Cardano price is trading in a positive zone above $1.35 against the US Dollar, similar to bitcoin. ADA price could...
Read More »Cardano (ADA) Price Analysis: Bulls Aim Larger Rally Above $1.35
ADA price started a fresh increase after it found support near $1.00 against the US Dollar. The price is now trading above $1.30 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $1.30 on the 4-hours chart (data feed via Bitfinex). The price is consolidating above the trend line and it could rally above the $1.35 resistance zone. Cardano price is trading in a positive zone above $1.30 against the US...
Read More »Cardano (ADA) Price Analysis: Recovery Could be Capped Near $1.40
ADA price started a fresh decline from well above the $1.50 level against the US Dollar. The price is now trading well below $1.45 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.38 on the 4-hours chart (data feed via Bitfinex). The price is recovering, but it is likely to face sellers near the $1.38 and $1.40 levels. Cardano price is trading in a bearish zone below $1.40 against the US Dollar, similar to...
Read More »Cardano (ADA) Price Analysis: Risk of More Downsides Below $1.4
ADA price started a fresh decline after it failed to surpass $2.0 against the US Dollar. The price is now trading well below the $1.65 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $1.68 on the 4-hours chart (data feed via Bitfinex). The price is declining and it could even slide further below $1.40 in the coming sessions. Cardano price is struggling to hold gains above $1.50 against the US Dollar,...
Read More »Cardano (ADA) Price Analysis: Key Breakout Zone Near $1.7
ADA price started a fresh increase after it tested the $1.10 support zone against the US Dollar. The price is still trading well below $1.75 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1.48 on the 4-hours chart (data feed via Bitfinex). The price could correct further lower, but the bulls are likely to remain active near $1.400 and $1.350. Cardano price is facing a major barrier near the $1.700...
Read More »Cardano (ADA) Price Analysis: Uptrend Intact Above $1.5
ADA price started a fresh rally above the $1.500 resistance zone against the US Dollar. The price is now trading well above $1.500 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.500 on the 4-hours chart (data feed via Bitfinex). The price could correct further lower, but the bulls are likely to remain active near $1.550 and $1.500. Cardano price is correcting gains from well above $1.800 against the US...
Read More »Cardano (ADA) Price Analysis: Dips Could Be Limited Below $1.15
ADA price started a fresh increase above the $1.250 resistance zone against the US Dollar. The price is now trading close the $1.280 support and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support at $1.350 on the 4-hours chart (data feed via Bitfinex). The price could correct lower, but the bulls are likely to remain active near $1.170 and $1.150. Cardano price is showing signs of a downside correction from $1.420...
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