Tag Archives: Cardano

ADA price started a fresh decline from well above the $0.1000 support against the US Dollar.The price is now trading well below the $0.0920 support and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.0960 on the 4-hours chart (data feed via Kraken).The price is likely to continue lower towards the $0.0850 support or $0.0832 in the near term.Cardano price is gaining bearish momentum below $0.0950 against the US Dollar, similar to...

ADA price declined below $0.1060, but it found support near $0.1000 against the US Dollar.The price is facing hurdles near $0.1055 and it is well below the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.1054 on the 4-hours chart (data feed via Kraken).The price could either rally above the $0.1055 resistance or it might revisit the $0.1000 support.Cardano price is trading below key hurdles near $0.1055 against the US Dollar, while...

ADA price is showing positive signs above the $0.1050 resistance against the US Dollar.The price is facing hurdles near $0.1110, but it is above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1070 on the 4-hours chart (data feed via Kraken).The price could either decline towards the $0.1025 support or it might continue to rise towards $0.1150.Cardano price is showing positive signs above the $0.1050 level against the US Dollar, similar...

ADA price is gaining pace above the $0.1000 and $0.1100 resistance levels against the US Dollar.The price is trading nicely above the 55 simple moving average (4-hours) and $0.1100.There was a break above a short-term declining channel with resistance near $0.1080 on the 4-hours chart (data feed via Kraken).The price is likely to further rally and accelerate higher if it clears the key $0.1150 resistance.Cardano price is showing positive signs above the $0.1100 level against the US Dollar,...

ADA price is showing positive signs and trading above the $0.0950 support against the US Dollar.The price is facing hurdles near $0.1000, and testing the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.1000 on the 4-hours chart (data feed via Kraken).The price is likely to rally and accelerate higher if it clears the main $0.1000 resistance.Cardano price is recovering and approaching a major breakout against the US Dollar, similar to...

The growing trend of cryptocurrency staking has reached the multi-asset platform eToro. The company announced today that it will launch a staking service this month. The first two assets available will be Cardano (ADA) and TRON (TRX).eToro To Enable Crypto StakingCryptocurrency staking requires the investors to “lock” a certain amount of coins based on the proof-of-stake consensus algorithm or many of its varieties. Investors typically receive the right to vote and participate in the...

ADA price gained traction and rallied above the $0.1000 resistance against the US Dollar.The price traded to a new monthly high at $0.1065 and settled above the 55 simple moving average (4-hours).There was a break below a major bearish trend line with resistance near $0.0860 on the 4-hours chart (data feed via Kraken).The price is currently correcting lower, but dips are likely to find support near $0.1000 or $0.0950.Cardano price is trading in a positive zone above $0.1000 against the US...

ADA price is down over 5% and it broke the key $0.0900 support zone against the US Dollar.The price is now trading well below $0.0860 and the 55 simple moving average (4-hours).There was a break below a key declining channel with support near $0.0855 on the 4-hours chart (data feed via Kraken).The price is likely to face hurdles near $0.0850 and $0.0900 if there is an upside correction.Cardano price is currently declining and trading well below $0.0900 against the US Dollar, similar to...

ADA price is currently consolidating above the $0.0920 support zone against the US Dollar.The price is facing a strong resistance near the $0.0980 level, but it is above the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $0.0985 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate higher if it clears the $0.0985 and $0.1000 resistance levels in the near term.Cardano price is currently consolidating above $0.0920...

ADA price extended its decline below the $0.1000 support zone against the US Dollar.The price is currently consolidating above the key $0.0850 support, but it is below the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.0950 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate higher if it clears the $0.0950 and $0.1000 levels in the near term.Cardano price is currently consolidating above $0.0850 against the US...