TL;DR Breakdown ADA continued to consolidate below $1.30 overnight. ADA/USD is likely to reverse. Closest support is located at around $1.15. Cardano price analysis indicates bearish momentum to take over latest his week as bulls could not push the market higher, and the $1.30 resistance still holds. Therefore, we expect ADA/USD to reverse later today […]
TL;DR Breakdown ADA retraced yesterday. Consolidation seen overnight. Market prepares to retest previous high. Cardano price analysis indicates bullish momentum to follow over the next 24 hours as a slightly higher low was established overnight. Therefore, we expect ADA/USD to reach the $1.40 current swing high again and likely reverse in a much more substantial […]
TL;DR Breakdown Cardano price analysis shows an increase of 37 percent in the past six days. The run-up to $1.373 touched a major swing high, which had created liquidity for it by trading above the level. ADA is likely to correct 11 percent at the $1.195 support level before another rally. Cardano rose significantly post […]
TL;DR Breakdown ADA moved sideways overnight. $1.20 support still holds. ADA/USD targets $1.30 next. Cardano price analysis is bullish for the next 24 hours as the market price continues moving towards further highs after consolidation above the $1.20 mark overnight. Therefore, we can expect ADA/USD to target the $1.30 next resistance early next week. The […]
TL;DR Breakdown ADA consolidated below $1.20 yesterday. ADA/USD tested $1.15 as support. Cardano likely to reverse today. Cardano price analysis indicates bearish momentum to follow over the next 24 hours as another slightly higher high was set overnight. Since no substantial further upside was seen, we can expect ADA/USD to decline in price again and […]
TL;DR Breakdown Strong rally for Cardano yesterday. ADA failed to breach $1.20 resistance overnight. Cardano prepares to decline again. Cardano price analysis indicates bearish momentum to follow over the next 24 hours as further upside could not be reached overnight. Therefore, we expect ADA/IUSD to move lower later today and continue to decline along with […]
TL;DR Breakdown ADA rallied yesterday. ADA/USD established a high of around $1.2 overnight. Cardano is set to decline further. Cardano price analysis is bearish for the rest of the week as a clear swing high was set over the last 24 hours. Since ADA/USD rejected further upside, we can expect bears to take over later […]
TL;DR Breakdown ADA/USD price went from $1.06 to $1.18 overnight. The overall Cardano price analysis is bullish today and in the next 24 hours. RSI and MACD in the 1-hour and 4-hour chart shows increasing bulls. If the patterns remain consistent, ADA/USD price may reach $1.25 tomorrow. After breaking the support levels of $1.15 yesterday, […]
TL;DR Breakdown ADA broke the $1.15 support yesterday. Further downside is seen overnight. ADA/USD rapidly moves to the $1 mark Cardano price analysis indicates bearish momentum to follow over the next 24 hours as a clear spike below $1.15 was seen yesterday. Therefore, we can expect BTC/USD to move towards further lows later today and […]
TL;DR Breakdown Bulls attempting to break out of a 90-day low.  Bears are still exerting downward pressure towards the 90-day low At the time of writing, the coin is hovering around the $1 support Cardano Price Analysis: General price overview Cardano (ADA) has attempted to break out of the 45 percent plunge which occurred through […]