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Tag Archives: Price Analysis

This is the Level ADA Bulls Need to Break to Reverse the Momentum (Cardano Price Analysis)

Cardano has made a higher low in the past few days compared to last week, which could encourage bulls to take over the price action in the near term. Key Support levels: $0.30, $0.28 Key Resistance levels: $0.34, $0.38 Even though the sellers tried to push ADA’s price lower, they failed to break below the previous low. For this reason, buyers could get back on the offensive and attempt to take the price to the key resistance at $0.34. The current support levels remain at...

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Crypto Price Analysis Nov-25: ETH, XRP, ADA, BNB, and LTC

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Litecoin. Ethereum (ETH) Ethereum has failed to break the key resistance at $1,230 and has entered into a correction that appears to continue the bearish price action. ETH also lost 0.8% of its valuation in the past seven days, and sellers have managed to maintain their grip on the price. Unfortunately for the bulls, they may have to defend ETH again at the $1,000 key support. Any weakness there...

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ADA Fails at a Critical Resistance But Another Rally Still Possible (Cardano Price Analysis)

Cardano failed to rally higher after losing momentum, and now the bears appear in control. Will the key support hold? Key Support levels: $0.38, $0.33 Key Resistance levels: $0.42, $0.50 Buyers lost control of the price action after they failed to break the key resistance at $0.42. Since then, ADA has tumbled and found good support at $0.38. It is critical for the cryptocurrency to hold above this support, as a breakdown may put the bears back in charge. Chart by...

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This is the Level ADA Needs to Break to Soar Higher (Cardano Price Analysis)

Cardano had an excellent week after a significant rally. However, the momentum appears to be stalling now. Key Support levels: $0.38, $0.33 Key Resistance levels: $0.42, $0.50 As soon as ADA moved above $0.40, the bulls were unable to take the price much higher as they were stopped by the key resistance at $0.42. The support is at $0.38, and buyers managed to use this level as a pivot for their most recent rally. Should they fail to break the resistance, then ADA could fall...

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Crypto Price Analysis Oct-28: ETH, XRP, ADA, BNB, and MATIC

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Polygon. Ethereum (ETH) Ethereum had a very strong rally in the past seven days, increasing by 19.4%. This makes it the best performer on our list this week. Such volatility has not been seen since September and signals a possible reversal in the downtrend. If ETH manages to make a higher high in the coming weeks, then that would confirm the reversal. The price is currently found just below the...

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Crypto Price Analysis Oct-21: ETH, XRP, ADA, BNB, and SOL

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) Ethereum’s price has remained largely flat with little volatility. For this reason, it is almost identical to seven days ago. Momentum and volume continue to move sideways with no perceivable trend at this time. The key support remains at $1,250, and the resistance at $1,400. The price is stuck in a channel, and it can comfortably move sideways until the end of the month...

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Will Cardano Lose This Critical Support? Here’s the Next Bearish Target (ADA Price Analysis)

Cardano’s price continues its downtrend and seems about to fall below a critical support level that may take ADA below 40 cents. Key Support levels: $0.42, $0.38    Key Resistance levels: $0.47, $0.50  Buyers have failed to stop the downtrend and ADA is facing a critical level. If sellers manage to break below $0.42 and sustain the pressure, then the cryptocurrency would be more likely to fall toward $0.38. The resistance is at $0.47. Due to the lack of buying momentum, ADA...

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Crypto Price Analysis Oct-07: ETH, XRP, ADA, BNB, and MATIC

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Polygon. Ethereum (ETH) With an increase of only 1.4% in the past seven days, Ethereum continues to maintain a flat price action, with market participants unable to swing the cryptocurrency beyond its current range. Since mid-September, ETH has only been moving sideways between the key support at $1,250 and the resistance at $1,400. The last time it tested the key resistance was on September...

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Crypto Price Analysis September-23: Ethereum, Ripple, Cardano, Solana, and Binance Coin

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Despite the bullish fundamentals of Ethereum’s merge, the price of the second largest cryptocurrency has continued its downtrend and registered a 10% loss in the past seven days. At the time of this post, ETH managed to find some support at $1,250, but this level remains fragile. The resistance is not far away at $1,400, and bears will likely come in strong if the price...

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ADA Recovers 5% on Vasil Hard Fork Day, Is $0.5 Next? (Cardano Price Analysis)

ADA managed to stop the downtrend, and the bulls pushed the price higher on the day that the protocol will see its Vasil upgrade go live. Key Support levels: $0.43, $0.38    Key Resistance levels: $0.50, $0.56  Buyers came in strong today and managed to turn the price action around above the key support at $0.43. If this bullish momentum continues, then ADA could increase towards $0.5, which is the current resistance. This would also be a sign that the downtrend is...

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