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...
Read More »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...
Read More »Cardano (ADA) Price Analysis: Uptrend Intact Above $0.65
ADA price started a strong increase above the $0.6000 resistance level against the US Dollar.The price even cleared the $0.7000 level and settled above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.6550 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher above $0.7200 as long as it is above the $0.6500 support.Cardano price is holding gains above $0.6500 against the US Dollar, while bitcoin is surging....
Read More »Cardano (ADA) Price Analysis: Bullish Breakout Above $0.42 Likely
ADA price formed a strong support above the $0.3000 and $0.3100 levels against the US Dollar.The price broke the $0.3900 resistance and settled above the 55 simple moving average (4-hours).There was a break above a crucial contracting triangle with resistance near $0.3600 on the 4-hours chart (data feed via Kraken).The price is likely to continue high above $0.4200 as long as it is above the $0.3880 support.Cardano price is holding gains above $0.3800 against the US Dollar, while bitcoin is...
Read More »Cardano (ADA) Price Analysis: Bulls Eye Fresh Rally above $0.36
ADA price found support near $0.2780 and recovered above $0.3200 against the US Dollar.The price is now facing hurdles near $0.3500 and the 55 simple moving average (4-hours).There is a crucial contracting triangle forming with resistance near $0.3600 on the 4-hours chart (data feed via Kraken).The price is likely to start a fresh increase if it clears the key $0.3600 resistance zone.Cardano price is holding gains above $0.3200 against the US Dollar, while bitcoin is declining. ADA price is...
Read More »Cardano (ADA) Price Analysis: Dips Supported Near $0.32
ADA price rallied above the $0.3000 and $0.3500 resistance levels against the US Dollar.The price is now correcting gains from $0.3982 and it is well above the 55 simple moving average (4-hours).There is a crucial bullish trend line forming with support near $0.3220 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher as long as it is above the $0.3200 support in the near term.Cardano price is correcting gains from the $0.4000 zone against the US Dollar, while...
Read More »Cardano (ADA) Price Analysis: Fresh Rally Likely Above $0.30
ADA price rallied towards the $0.3500 level before correcting lower against the US Dollar.The price is now facing hurdles near $0.3000, but trading above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.2200 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher once it clears the $0.3000 resistance zone in the near term.Cardano price is recovering losses from the $0.2200 support zone against the US Dollar,...
Read More »Cardano (ADA) Price Analysis: Dips Likely To Be Limited Near $0.195
ADA price rallied above the $0.2000 and $0.2200 resistance levels against the US Dollar.The price is now correcting lower below $0.2100, but it is above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1900 on the 4-hours chart (data feed via Kraken).The price is likely to remain well supported on the downside near the $0.1900 zone.Cardano price is slowly moving lower from well above $0.2200 against the US Dollar, similar to bitcoin. ADA...
Read More »Cardano (ADA) Price Analysis: Bulls Aim $0.20 or Higher
ADA price started a fresh increase above the key $0.1550 resistance against the US Dollar.The price is now trading well above $0.1700 and the 55 simple moving average (4-hours).There was a break above a crucial contracting triangle with resistance near $0.1650 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher towards $0.1950 and $0.2000 in the coming sessions.Cardano price is showing positive signs above $0.1700 against the US Dollar, similar to bitcoin. ADA...
Read More »Cardano (ADA) Price Analysis: More Downsides Possible Unless It Breaks $0.16
ADA price started a decline increase after forming a top near the $0.1760 zone the against the US Dollar.The price is now trading below the $0.1600 level and the 55 simple moving average (4-hours).There was a break below a major bullish trend line with support near $0.1640 on the 4-hours chart (data feed via Kraken).The price could resume its decline unless there is a clear break above $0.1600 and $0.1620.Cardano price is back below the $0.1600 support against the US Dollar, similar to...
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