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ADAUSDT

When will the Cardano ADA price be above $1 ?If we apply Elliott wave analysis to the ADAUSDT price movement, we will see very harmonious proportions. It can be assumed that the ADAUSD price is currently at the stage of a correctional wave - 4 - and in order to continue its dynamic growth, it is not advisable for the ADA price to fall below $0.40-0.46. (despite the fact that it has already reached $0.465) If this condition is met, then in the near future (Q1 2024), as part of t he -5- impulse wave , the price of Cardano ADA will have every chance of crossing the $1-1.10 mark, or even higher. As always, we are waiting for your thoughts in the comments below the idea.
Long
by P_S_trade
18
Long-Term Trade 120% Potential No LeverageTLDR: ADA finished its correction. The target for the next impulse is between 1.17 and 1.25 Dollars. Background: Between ADA October 18th and December 12th, 2023, ADA’s price rose 186% to 68 cents. Following this impulsive PA, ADA entered a correction that lasted 42 days with an overall correction of 35%. The proportion between the impulse and the correction from the time and price perspectives is ideal. ChoCh: ADA is about to cross above the 52-cent level, the last LH. If ADA crosses above the 52-cent level and retests it as support, I will consider it a bullish ChoCh and an early indication that the trend will likely change to an uptrend. S/R Levels: Resistance: 0.62, 0.68, 78-90, 1.25 Targets: The 1:1 extension is the Minimum Target. However, I expect ADA to achieve the 1.618 extension at least because I consider this a wave 3. Trade Idea: Entry: 0.52 SL: 0.48 Target: 1.15 TP: 0.68, 0.78, 0.90, 1, 1.15 R: R: 1: 4.23 to first TP NFA What do you think? Please share in the comments Best Wishes
Long
by NewThoughtCrypto
2
ADA Faces ☁️ - Time to Short? Most altcoins face bearish trading conditions in the next 24 hours, ADA included. Over a one-week horizon, these bearish and cloudy trading conditions will spill over to Bitcoin which is likely to face downside risk, just as Ether, Ripple’s XRP and Cardano. “The Cardano network has no meaningful use or any credible track to get it,“ according to K33 Research, singling out the fact that there are no stablecoins issued using the Cardano blockchain. “No USDT or USDC in a network generally means that no meaningful decentralized finance (DeFi) occurs, and that Tether and Circle attest to this because if something went on, they would issue stablecoins there,” the crypto research consultancy said. “All price signals also point to Ada gradually disappearing from the crypto map. Ada has not rallied in line with other ‘stronger’ smart contract tokens when markets have improved, which is a strong indicator of a dying coin,” K33 Research warns. Follow us for more crypto weather reports!
BINANCE:ADAUSD
by ATTMO
💎 ADA/USDT - Bullish Target Reached, What's NXT? (READ CAPTION)By checking the Cardano chart in the weekly time frame, we can see that the price entered the specified supply range based on our analysis and started to fall from 0.6140 and fell to 0.4866! This fall will continue if we stabilize the weekly candle below the price of 0.4650, in which case we can expect more fall from Cardano! Otherwise, targets above 1 dollar are not far from expected! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Short
by ArmanShabanTrading
3
ADA Faces ☁️ & Downside Risks in the Next 7 Days Despite Cardano leading in code commits over the past year, surpassing Ethereum, Polkadot, and the BNB network, the current scenario appears grim. Daily active addresses on Cardano have recently plummeted, accompanied by a decline in daily transactions on the network. ATTMO predicts overcast conditions ☁️ and a bearish trend for Cardano CRYPTOCAP:ADA in the upcoming 24 hours. The likelihood of this trend persisting for the next 3 & 7 days suggests an extended downside potential for the coin. Follow us for more crypto weather reports!
by ATTMO
Ada sitting on support. What's next?From mid-October to December, BINANCE:ADAUSDT experienced a remarkable rally, surging by approximately 250%. However, after two unsuccessful attempts to surpass 0.7 in December, the coin began a retracement, eventually dipping below 0.5 at the onset of the new year. The recovery from this recent decline appears feeble, marked by a lower high on our chart, and the coin reversed at the support zone. Given the potential for a more significant correction in BTC, I anticipate that AdaUsdt will tread a similar path and breach the support level. In such a scenario, a decline to 0.4 seems highly likely.
by Mihai_Iacob
ADA: Pullback in UptrendTrade setup : Price remains in an uptrend. Following a bearish breakout from an Ascending Triangle pattern, price pulled back near $0.46 support, which could be an attractive swing entry in Uptrend with upside potential back to $0.65. Stop Loss (SL) at $0.43. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $0.46 (previous resistance), then $0.40 - $0.42. The nearest Resistance Zone is $0.65, then $0.75.
Long
by altFINS
ADA Cardano Will Have A Great BullrunI believe that Cardano will have a great run this next bullrun. The chart looks bullish and I believe it has finished its correction and consolidation, considering it only did about a 10x in the last run give or take, I think this one has some room to grow. This next one may be the big run for ADA in my opinion. In the short term I see ADA falling down about 40% percent down to 30 cents before its run up. Not financial advice, just my opinion.
BINANCE:ADAUSDLong
by Bitgolder
2
it's time to going down for ADAUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!! (in every target you want, closed the position but our target is the third one) *Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management* ************************************************* if you want to enter in this position: Enter Price: here Target1: 0.5906 Target2: 0.5850 Target3(Final Target): 0.5731 Stoploss: 0.6078 ************************************************* Guy's if this idea was useful and it was intresting for you please follow for more please do comment and like my idea If you like my idea show me in comment section doing and living in the best quality thanks of all of you dear's ;)
Short
by MakingMoney444
2
Cardano's Race to Breakout: Will the Turtle go 1-2-3 Fly ? 🐢🚀 Hello everyone! The crypto sphere is buzzing with the recent approval of the Bitcoin ETF, sparking a surge in altcoins. Among them, Cardano has been stealing the show. We've seen some successful entries with Cardano, including a notable one at $0.25. However, the critical level to watch now is $0.6863. Cardano must break this to signal a major breakout. This could be the third and pivotal attempt, following previous rejections in June and December 2022. If you are laughing at my ''1-2-3' better check some examples here (click on play) and here So, what's the probability of Cardano breaking higher? I estimate a 64% chance. But remember, there's still a 36% possibility of a rejection, and we must be prepared for that. No FOMO – we only make moves once it's over that crucial level. Delving into the Cardano vs. Solana debate, Cardano, with its Haskell programming base, is like the turtle in the ancient fable – slow but steady. In contrast, Solana is fast and furious, akin to the rabbit. But as the fable goes, it's often the turtle that wins the race. Cardano's emphasis on safety, while leading to slower developments, has its advantages. On the charts, we're seeing new support levels forming. After our successful entry yesterday, Cardano shows new support at $0.5925. Our target is to go long up to $0.6865 for the critical third test. Below this level, we have support at $0.58 and $0.52, but we're hoping not to see these levels tested. With the recent discussions about ETFs, attention has been mainly on Ethereum and Ripple. However, I anticipate a shift where Cardano could also enter the ETF conversation. Given its American roots and unique approach, it's plausible we might hear rumors of a Cardano ETF soon. This development could significantly impact its market performance, similar to Ethereum's recent rise. In conclusion, the chart is our guide. We buy over $0.6865, being aware of the 36% chance of rejection. Under this level, we remain cautious, ready to adjust our positions. Will Cardano, the turtle, prove its resilience and win this race? Let's watch and find out. One Love, The FXPROFESSOR 💙 Altcoins Surging After SEC Approval Are Cardano, Avalanche, and Others Spot ETFs Coming? Cardano: The Next Solana? Some Haskell criticism
Long
by FX_Professor
💎 ADA/USDT - First Long , Then SHORT ! But ? (READ THE CAPTION)By checking the Cardano chart in the weekly time frame (logarithmic), we see that the price fell after reaching the supply range of 0.67 and corrected to $0.46! If the price stabilizes below the supply range of $0.56 to $0.68, I will have a higher probability of falling from Cardano in the medium term! Only if the price breaks the $0.68 resistance and stabilizes above it, we can expect another Bull Run from Cardano! The efficiency of this cryptocurrency has been more than 150% so far ! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Short
by ArmanShabanTrading
4