Tag Archives: ADABTC

Cardano exhausted buying pressure after marking a new yearly high near $0.092.It maintained the same trend across trading pairs as sellers slowly take over in the short-term.The price is currently down by 4%.ADA/USD: Cardano Eyeing $0.070 For Short-Term CorrectionKey Resistance Levels: $0.085, $0.088, $0.0917Key Support Levels: $0.074, $0.0688, $0.0631ADA/USD. Source: TradingViewThe recent 30% increase in Cardano’s price seemed to have exhausted buyers after hitting $0.0917 on June 4. The...

To say that this week has been a wild ride is definitely an understatement. Bitcoin’s price went nuts and kept everyone on edge. In the span of 24 hours, BTC went to surge from $9,400 to almost $10,500 and then back to $9,400 and even lower down to $8,600 on BitMEX. This whole ordeal saw an insane amount of both short and long positions getting liquidated.Interestingly enough, all of this comes as the legacy markets are flying. The S&P 500 is up almost 6% this week alone, while Nasdaq 100...

BitcoinBitcoin may have only seen a small 2.5% price surge over the last week of trading, but it was action-packed. On Monday, it surged from $9,426 and managed to rise as high as $10,430 to re-test the 2020 high.Unfortunately, it was unable to keep itself above $10,000 and dropped lower during the week to land at the $9,426 support. It has since bounced higher as it trades at $9,668.Looking ahead, if the buyers continue, the first level of resistance to overcome lies at $9,815. This is...

Cardano recorded 7% gains to reach $0.0917 in two days as bulls remain in chargeThe price is now facing a crucial resistance line on the hourly chartADA/USD: Cardano Holds Weekly Support At $0.074Key Resistance Levels: $0.0917, $0.095, $0.1Key Support Levels: $0.082, $0.074, $0.07ADA/USD. Source: TradingViewLast week, Cardano saw an impressive increase of almost 20% to reach a three-month high of $0.087 on Binance. The surge was led by a break above the important $0.07 resistance, which...

Cardano founder Charles Hoskinson has finally put a date to the launch of Shelley – the next major milestone in Cardano’s roadmap.According to Hoskinson, the initial phases of Shelley’s arrival will begin as early as June 9 and will be live by June 30 if everything goes ahead as planned.Charles Hoskinson Announces Cardano Shelley UpdateSpeaking on a Cardano Crowdcast podcast, Hoskinson outlined the plan to launch Shelley over the course of the coming month. Hoskinson said:“Guys wanna know...

Despite losing 4% today, Cardano is showing a lot of strength against the Bitcoin.The price is still in favor of the bulls on a short-term perspective.Bears may take over the market if the price drops below the diagonal support on the 4-hours chart.ADA/USD: Cardano Holds Above $0.05 SupportKey Resistance Levels: $0.0577, $0.06, $0.065Key Support Levels: $0.047, $0.041, $0.0372ADA/USD. Source: TradingViewCardano lost 4% over the past hours following a 7-days capitulation to reach $0.05...

BitcoinBitcoin saw a 4.4% price decline over the past seven days of trading as the coin trades at $9,115. The cryptocurrency was at the $9,815 resistance level for the majority of the week as it continuously failed to close above it. Bitcoin went on to slide lower from there on Wednesday as it dropped into the $9,400 level.Yesterday, Bitcoin continued to drop further as it dipped beneath $9,000 to reach as low as $8,800. Luckily, the buyers regrouped to push the coin back above $9,000 before...

Cardano’s price is up by 3.9% but showing weakness in the current 4-hours chart.A correction is likely to play out if Cardano fails to reiterate bullish actions.ADA regained momentum at immediate support, although the price is now roofed at technical resistance.ADA/USD: Cardano Reaches Channel’s ResistanceKey Resistance Levels: $0.0481, $0.05, $0.053Key Support Levels: $0.0441, $0.041, $0.0372ADA/USD. Source: TradingViewCardano has continued to gain momentum following a 35% increase over the...

BitcoinBitcoin went through a 6.23% price hike over the past seven days of trading as the cryptocurrency managed to push to a fresh April high at $7,700. The coin met resistance at $7,200 last week, which caused it to drop beneath $7,000 at the start of this week. It went on to find support at $6,800, where it rebounded.On the rebound, Bitcoin took out resistance at $7,000, $7,200, and $7,400 as it spiked as high as $7,780. It since dropped to the current $7,500 level, where it faces...