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...
Read More »Cardano Price Analysis: Bulls Appear Strong Against Bitcoin But ADA Price Battles To Stay Above $0.05
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...
Read More »Crypto Price Analysis & Overview May 22nd: Bitcoin, Ethereum, Ripple, Cardano, and TFuel
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...
Read More »ADA Surges 35% In 8 Days And Looks Promising Against Bitcoin. Cardano Price Analysis & Overview
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...
Read More »Crypto Price Analysis & Overview April 24th: Bitcoin, Ethereum, Ripple, Tezos, and Cardano
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...
Read More »Cardano Price Analysis: Following 8% Plunge, ADA Fails To Reclaim Key Resistance. New Monthly Low Incoming?
After a six-day recovery, Cardano resumes selling pressure following a daily 8% price dropAgainst USD, Cardano sharply broke below a weekly triangle pattern, after two days of consolidationAgainst BTC, A breakdown below 530 SAT level could likely send ADA to discover new lowsADA/USD: Triangle Breakdown Followed by Huge SelloffKey Resistance Levels: $0.0523, $0.056Key Support Levels: $0.045, $0.042A few days ago, Cardano saw a mild recovery of about 9% after a two-week-long correction that led...
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