ADA/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ADA/USDT update from Crypto Sanders.
Chart Analysis:- ADA bulls woke up this week with an impressive 28% price increase. This spectacular performance obliterated the resistance at 46 cents, and now buyers are looking at much higher levels.
The most important resistance on the chart right now is found at 60 cents. Sellers may attempt to stop this rally around 50 cents, but that is unlikely to last, considering market sentiment.
ADA manages to maintain this momentum, and then going to 60 cents becomes likely.
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Adaanaliysis
ADA/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this ADA/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Cardano (ADA) was a notable gainer, with the cryptocurrency climbing away from a floor of its own.
ADA/USD rose to a high of 0.2628 earlier in the day, which comes after a low of 0.255 the day prior.
Today’s move saw Cardano move away from its recent support point at 0.250, just as the RSI bounced from a floor of its own.
After colliding with a floor at the 55.00 mark, price strength has gone on to reach a high peak at 58.82.
The next visible ceiling looks to be at the 65.00 zone, and in the event bulls manage to reach this point, ADA will likely rise above 0.270.
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ADA/USDT 1DAT UPDATE BY CRYPTOSANDERS !!hello, welcome to this ADA/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Cardano is also found in a flat trend above the key support at 25 cents. For this reason, its price registered a minor loss of 1.3% this week. Sellers were unable to break this support even though they tried several times.
While ADA bulls have shown strength so far, bears could continue to put pressure on the key support. If more tests happen, buyers could become exhausted, which can create an opportunity for a breakdown.
the price action appears fragile to any renewed volatility across the market, particularly if the market leaders such as BTC and ETH decide to drop lower. In such a case, ADA could go to 24 cents again.
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ADA/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ADA /USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Cardano (ADA) rebounded on Thursday, with prices moving to an eleven-week high in the process.
Following a low of $0.3537 on Wednesday, ADA/USD rose to an intraday high of $0.3866 earlier today.
As a result of this, Cardano rose to its strongest point since November 8, which is the last time prices were above $0.4100.
Looking at the chart, ADA has moved lower from earlier gains, as traders appear to have taken profits near a ceiling of $0.3875.
As of writing, the token is trading at $0.3774, with the 14-day relative strength index (RSI) near a resistance of its own at 74.00.
The index, which is currently tracking at 69.22, will likely need to move past the 74.00 points in order for ADA to jump over the $0.3875 hurdle.
This is not a piece of financial advice.
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ADA/USDT 4HOUR UPDATE !!Hello, welcome to this ADA/USDT chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Cardano surprised the market this week with a strong performance that saw the price increase by 11.4%. This momentum could continue, but the key resistance at 30 cents will be an important obstacle to overcome.
After finding good support at 24 cents, ADA managed to quickly recover some of the recent losses and continued to move higher every day. The volume and indicators support a continuation of this price action, but it’s important to see how buyers will manage the abovementioned resistance level.
Looking ahead, a test of $0.30 seems probable.
This is not a piece of financial advice.
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