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Tag Archives: Cardano

Cardano (ADA) Price Analysis: $1.5 Holds The Key For More Gains

ADA price started a recovery wave above the $1.30 and $1.40 resistance levels against the US Dollar. The price is still trading below $1.50 and the 55 simple moving average (4-hours). There was a break above a major declining channel with resistance near $1.35 on the 4-hours chart (data feed via Bitfinex). The price might extend gains if it manages to clear the $1.50 resistance zone. Cardano price is struggling below the $1.50 resistance against the US Dollar, unlike...

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Cardano (ADA) Price Analysis: Risk of Fresh Decline Below $1.5

ADA price is trading in a bearish zone below the $1.70 and $1.60 resistance levels against the US Dollar. The price is now trading below $1.60 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.65 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to clear the $1.75 resistance zone. Cardano price is struggling below the $1.75 resistance against the US Dollar,...

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Since Launching Smart Contracts, Cardano (ADA) Price is Down Only

While Ethereum and Bitcoin have touched multiple all-time highs in the last two months, Cardano hasn’t seen any new peaks since September. Launching smart contracts didn’t seem to put much wind in its sails, and its market cap continues to decline. Slow Period for Cardano As of September 2nd, 2021, ADA’s price peaked at over $3, and its market cap nearly surpassed $100 billion. This was followed by a steep dropoff on September 7th alongside the rest of the crypto market, when...

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Cardano (ADA) Price Analysis: Risk of More Losses Below $1.75

ADA price is struggling to clear the $1.85 and $2.00 resistance levels against the US Dollar. The price is now trading below $2.00 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.84 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to clear the $1.85 resistance zone. Cardano price is struggling below the $2.00 resistance against the US Dollar, unlike bitcoin....

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Cardano (ADA) Price Analysis: Risk of More Downsides Below $1.9

ADA price started a major decline from well above $2.20 against the US Dollar. The price is now trading below $2.00 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $2.00 on the 4-hours chart (data feed via Bitfinex). The price might extend its decline below the $1.92 support zone in the near term. Cardano price is gaining pace below $2.00 against the US Dollar, unlike bitcoin. ADA price must stay above...

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Cardano (ADA) Price Analysis: Bulls In Control Above $2

ADA price is gaining pace above the $2.00 and $2.05 resistance levels against the US Dollar. The price is now trading above $2.05 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $2.02 on the 4-hours chart (data feed via Bitfinex). The price might extend its rally above the $2.20 and $2.25 resistance levels in the near term. Cardano price is gaining pace above $2.05 against the US Dollar, unlike bitcoin. ADA price...

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Cardano (ADA) Price Analysis: Key Resistance Near $2.05

ADA price is struggling to clear the $2.00 and $2.05 resistance levels against the US Dollar. The price is now trading below $2.00 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2.06 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase unless there is a break below $1.90. Cardano price is struggling below the $2.05 resistance against the US Dollar, unlike bitcoin. ADA price must...

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Cardano (ADA) Price Analysis: Key Hurdle At $2.25

ADA price is struggling to clear the $2.20 and $2.25 resistance levels against the US Dollar. The price is now trading above $2.15 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2.25 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to clear the $2.25 resistance zone. Cardano price is struggling below the $2.25 resistance against the US Dollar, unlike bitcoin....

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Cardano (ADA) Price Analysis: Bulls Facing Uphill Task

ADA price is struggling to clear the $2.18 and $2.20 resistance levels against the US Dollar. The price is now trading below $2.20 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $2.21 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase unless there is a break below $2.05. Cardano price is struggling below the $2.20 resistance against the US Dollar, unlike bitcoin. ADA price...

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Cardano (ADA) Price Analysis: Key Support Nearby At $2

ADA price is struggling to clear the $2.32 and $2.35 resistance levels against the US Dollar. The price is now trading below $2.20 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2.20 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase unless there is a break below $2.00. Cardano price is struggling below the $2.32 resistance against the US Dollar, unlike bitcoin. ADA price must...

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