Archive | Cardano Price

Cardano Price Analysis: ADA/USD Remains Supported Above $0.090

Key Highlights ADA price made a nice upside move from the $0.0845 low and broke $0.100 against the US Dollar (tethered). There was a break above a major bearish trend line with resistance at $0.0980 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair must is currently correcting lower and… […]

Cardano Price Analysis: ADA/USD Could Surpass $0.1280 To Gain Momentum

Key Highlights ADA price is slowly recovering and is currently trading above the $0.1180 level against the US Dollar (tethered). There is a major breakout pattern forming with resistance near $0.1260 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair has to move past the $0.1260 and $0.1280 resistance levels… […]

Cardano Price Analysis: ADA/USD Could Decline To $0.10

Key Highlights ADA price declined below the $0.1240 support and tested the $0.1150 level against the US Dollar (tethered). There was a break below a major bullish trend line with support at $0.1288 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair may correct a few points, but it could… […]

Cardano Price Analysis: ADA/USD Breaks Key Resistance, $0.14 Next?

Key Highlights ADA price moved higher recently after forming a support near the $0.1225 level against the US Dollar (tethered). There was a break above a key contracting triangle with resistance near $0.1290 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is likely to move higher once it breaks… […]

Cardano (ADA) Price Watch: Channel Break and Retest

Cardano Price Highlights Cardano price recently broke below its ascending channel to signal that a reversal is underway. Price found support around 0.1200 and may need a correction before resuming the drop. Applying the Fibonacci retracement tool shows where more sellers might be waiting to join in. Cardano price could be in for a correction… […]

Cardano Price Analysis: ADA/USD Slides Further, $0.12 Next?

Key Highlights ADA price remained in a downtrend and it declined below the $0.1350 support against the US Dollar (tethered). There is a crucial declining channel in place with resistance at $0.1300 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair may correct a few points higher, but upsides could… […]

Cardano Price Analysis: ADA/USD Upsides Capped Near $0.1700

Key Highlights ADA price declined further and traded below the $0.1620 support against the US Dollar (tethered). There is a crucial bearish trend line formed with resistance at $0.1680 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is under pressure and upsides will most likely be capped by the… […]

Cardano Price Analysis: ADA/USD At Risk of More Declines Below $0.16

Key Highlights ADA price declined recently and traded near a key support at $0.1600 against the US Dollar (tethered). There is a major bearish trend line in place with resistance at $0.1720 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair remains at a risk of more declines below the… […]

Cardano Price Analysis: ADA/USD Primed for Gains above $0.1800

Key Highlights ADA price moved into a bullish zone above the $0.1600 and $0.1700 levels against the US Dollar (tethered). There is a tiny connecting bearish trend line with resistance at $0.1780 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair remains well supported above the $0.1700 and the 100… […]

Cardano Price Analysis: Dips in ADA/USD Remains Supported

Key Highlights ADA price started a nice upside move after testing the $0.1550 support against the US Dollar (tethered). There was a break above a crucial bearish trend line with resistance at $0.1650 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is currently placed above the 100 hourly simple… […]

Cardano Price Analysis: ADA/USD Approaching Key Support

Key Highlights ADA price surged towards the $0.2000 level before starting a downside correction against the US Dollar (tethered). There is a significant bullish trend line formed with support at $0.1700 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is correcting lower, but it remains well supported above the… […]