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☁️ ADA 24-Hr Outlook: Bearish Trend Ahead, Downside Risk? Mixed trading conditions on the global crypto market in the next 24 hours. 🌦️ Cloudy bearish trading conditions ☁️ lie ahead for Bitcoin, Ripple’s XRP, Cardano, and Binance Coin, while ☀️ sunny bullish conditions lie ahead for Ether, Litecoin, and Dogecoin. Over a one-week horizon, the ☀️ sun will shine over the entire crypto sphere, indicating strong upside potential. Only Polkadot is set to face a ☁️ cloudy bearish trend, as ATTMO shows. Follow us for more crypto weather reports!
by ATTMO
Get Ahead of the Game with Cardano: Target Predicted to Hit $0.5As we've witnessed Cardano's consistent growth and development in the crypto market, now is the perfect time to make a move and consider going long on ADA. With such a promising target in sight, this is the opportunity you can't afford to miss out on! 🌟 Cardano's impressive fundamentals, including its advanced smart contract capabilities and sustainable proof-of-stake mechanism, have attracted a significant number of enthusiasts and investors. The Cardano community is thriving, and the project continues to show remarkable progress under the guidance of its visionary team led by Charles Hoskinson. By getting in now, you not only seize the chance to potentially profit from Cardano's upward trajectory but also become part of an innovative ecosystem that aims to revolutionize the way we build and utilize blockchain technology. With its continuous advancements and partnerships, Cardano is shaping up to be a game-changer in the crypto landscape. So, are you ready to embark on this exciting journey with us? Take action today and consider going long on Cardano (ADA)! Keep a close eye on the market developments, leverage market analysis tools, and consult with fellow traders to make an informed decision. Remember, in the world of trading, opportunities come and go, but a carefully calculated move can set you apart from the rest. Make the most of this moment and position yourself strategically. Together, let's ride the wave of success with Cardano! Don't wait for the target price of $0.50 to become a reality without you!
Long
by bryandowningqln
Below 0.2441 : Entering the bottom sectionHello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ADAUSDT chart) The key is whether the price can be maintained above 0.1720 and rise above 0.2974. (1D chart) Falling from the current position could mean falling to the bottom, so a countermeasure is needed. Accordingly, the key is whether it can receive support and rise in the box range of 0.2441-0.2580. If this is not possible and the price falls and shows resistance, a stop loss is necessary. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
Cardano Weekly ChartADA/USDT Fibonacci Support/Resistance Levels. ............................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
by CryptoTrend-Alerts
ADA/USDT Ready for another Bull Run?🚀 ADA Analysis Today💎Yello, Paradisers! turn your gaze to ADAUSDT. It's currently navigating within a trading channel, hinting at a potential upward momentum. 💎For a significant duration, ADA has been traversing this descending channel. The prevailing trends suggest a likely climb towards the Bearish OB and the supply zone above. 💎Positioned in the demand zone, if the price surpasses the .3000 mark, the chances of a bullish surge increase. While newcomers might consider shorting at this point, a comprehensive view is recommended. 💎On the other hand, if Cardano descends below the .2800 demand point, there's a heightened probability of it approaching a more robust support level. As always, stay alert and strategize effectively. 💎Refine your trading decisions for ADA with ParadiseFamilyVIP. Delve into expert insights on ADA and other potential coins, optimizing your crypto approach.
Long
by MyCryptoParadise_Simon
2
ADA/USDT Break Descending Channel. Upward Momentum ???💎 ADA has unquestionably captured our attention, shattering the descending channel pattern with a substantial influx of buyer volume. Following this breakout, ADA embarked on a notable ascent, reaching the supply zone, only to face stern rejection. 💎 This supply area became particularly evident in the 8H timeframe, where ADA encountered significant pushback in the last two candles. There's a possibility that ADA might retract to the demand zone for a retest, gathering strength for another attempt at breach. However, if ADA manages to Break the supply zone without delay, Probability smoothly sail toward the next target - the Bearish OB zone. 💎 On the flip side, a concerning scenario would unfold if ADA, while retesting the demand zone, fails to demonstrate any bullish rejection or bounce. This lack of resilience could signal ADA's potential forfeiture of the demand zone. Should this occur, the momentum could shift from bullish to bearish, priming ADA for a downward trajectory as it seeks to retest the robust support zone below.
by MyCryptoParadise_Nathan
4
Cardano (ADA) Lucky ?After the removal of Cardano currency from platforms such as Bakkt, Etoro, Robinhood, as well as the news of its removal from the Binance exchange and the theft of 60,000 units of this currency, we saw a significant drop in it. Due to the fact that the US Securities and Exchange Commission has recently given up its objection that Cardano currency is considered as a security, we have seen an increase in the flow of transactions in the network of this cryptocurrency, and also the creation of the lace wallet has fueled the increase in demand. During this drop, it was able to maintain its price above the level of 24 cents. If the weekly and monthly candle can maintain itself above the price of 24 cents until the closing time, we can witness a good growth from it to the return range of 40 cents and its support to higher price points.
Long
by MyNameIsMilad
2
Cardano Price Surges by 10% in Just 2 Days!Cardano (ADA) has experienced a phenomenal surge, with its price skyrocketing by a remarkable 10% in just two days! The Cardano community has been buzzing with anticipation, and this recent surge has certainly exceeded our expectations. As a trader, it's crucial to stay informed and capitalize on these exciting opportunities. That's why I wanted to reach out to you and share this thrilling development. Now, let's talk strategy. With Cardano's recent surge, it's essential to keep a close eye on its movements. As you may already know, Cardano has been steadily climbing, and it's currently approaching a significant milestone: the 100-day simple moving average. This is a crucial indicator that can provide valuable insights into the market sentiment and potential future price movements. Here's where the call-to-action comes in: I strongly encourage you to consider going long on Cardano once it successfully passes through the 100-day simple moving average. This could be a game-changing moment for ADA, and you don't want to miss out on potential gains! By taking advantage of this opportunity, you position yourself to benefit from the upward momentum that Cardano has been building. The recent surge is a clear indication of its potential, and with the right strategy, you can ride the wave of success along with it. Remember, successful trading requires careful analysis and strategic decision-making. Keep a close eye on Cardano's movements, study the charts, and make an informed decision when the time is right. Timing is everything in the world of trading, and this could be the perfect moment to seize the potential that Cardano holds. So, get ready, traders! Cardano's recent price surge is a testament to its growing strength, and it's time to capitalize on this exciting development. Keep a watchful eye on ADA as it approaches the 100-day simple moving average, and when the time is right, consider going long to maximize your potential gains.
BINANCE:ADAUSDLong
by bryandowningqln
Bulls Drive Cardano (ADA) Price as Crypto Market ReboundsCardano’s TVL has risen by 28.14% over the previous two weeks, to $210 million. If the price climbs above $0.32 resistance level, then it will likely move towards $0.36 level. There is a direct correlation between the ecosystem’s total value locked (TVL) and the current spike in Cardano prices. According to the latest figures from DefiLlama, Cardano’s TVL has risen by 28.14% over the previous two weeks, to $210 million. $97.88 million of this TVL comes from the two major DeFi projects, Minswap and Indigo. The quick growth in TVL is indicative of rising adoption of Cardano and rising trust in the platform. Also, indicative of rising optimism regarding ADA’s upcoming price movements, the number of addresses holding ADA for long-term recently surpassed 2.7 million. Bulls in Control CryptoRank’s historical indicators point to a bearish indication, and market patterns suggest that ADA may have a slight drop this month. The median monthly return for ADA throughout the years is -2.5%, but the average monthly return is a whopping 43.5%. With a price increase of 7.39% in the previous 24 hours, Cardano (ADA) has joined the overall cryptocurrency market rally. At the time of writing, ADA is trading at $0.3089, signifying a 17.83% rise in the last 30 days with a trade volume of over $353 million, as per data from CoinMarketCap. If the price climbs above $0.32 resistance level, then it will likely move towards $0.36 level. Breaking over this level will likely see price testing $0.38 resistance level. On the other hand, if price goes below $0.29 support level, then it will likely decline further to test the $0.28 level. Further decline will likely see price testing $0.26 support level.
Long
by DEXWireNews
2
Cardano (ADA) is about to make a move the will stun people!Cardano not only has incredible utility, but it is massively undervalued at current prices. Most investors don't just hold ADA because of it's mind-blowing price appreciation potential, they hold it because they know that it will play a substantial role in the coming digital revolution. Even a novice can look at the current chart and see that something big is about to happen with this coin. I personally believe that no matter how large your crypto portfolio is that everyone should have at least 5% of their portfolio in Cardano. Remember tribe, stay diversified and never put all your eggs in one basket!
BINANCE:ADAUSDLong
by MetaShackle
Cardano technical analysisAs you can see in the one-month chart of Cardano, Cardano then went through a very strong downtrend from $3 to $0.20, due to the deep corrections and the low strength of bearish candles and the strength of bullish candles in A very, very important support area for Cardano. It seems that this currency is building its floor at the end of the downtrend on an important support level. But for now, Cardano has not started any upward trend, and it can start an upward trend when it breaks its dynamic and static resistance range, which you can see in the chart, and stabilizes this failure by closing the candle above this range. Cardano is completely suitable for buying in this range from both technical and fundamental and sentimental points of view, of course, by observing the trading principles, including the loss limit. SOS FINANCIAL COMPANY
Long
by Amir_Nazer
2
BTC & ADA Face a Threatening Cloudy Forecast ☁️ Time to Sell? 🌦️ The global crypto market still has upside potential according to ATTMO, which forecasts slightly bullish trading conditions in the next 24 hours. Binance Coin bucks this positive trend, facing cloudier ☁️ bearish trading conditions. Over a one-week horizon, Bitcoin and Cardano, are set to face an imminent market correction. A bullish ☀️ sun will, however, continue to shine over Ethereum, Ripple’s XRP and Avalanche over this longer time horizon. Litecoin, Polygon and Uniswap are set to head lower, as they face slightly bearish ☁️ clouds. Follow us for more crypto weather reports!
BITSTAMP:BTCUSD
by ATTMO
When Do alts really start ExplodingThe top chart is Total2 on Weekly, and the bottom chart shows BTC.D. We can immediately make an observation based on these charts that Total2, i.e. The market cap of all the alts is rising over time and is moving in an upward parallel channel while BTC.D is moving in a descending triangle, which is a bearish pattern. This tells us that over time the total alts market cap is growing, and they are stealing market cap from BTC. How can we use this to our advantage? Using some trendlines we can see what happens to Total2 when the BTC.D tapped the downward sloping trendline, the total2 went parabolic after that. Using the same trendlines we can project when BTC.D is going to hit the top downward sloping trendline, the chart shows it falls somewhere around December end and first week of Feb. The BTC.D read at that time should be somewhere around 57 to 58%, this is also in confluence with target from the BTC.D Wyckoff chart I have shared several times past. The two ellipses in the chart show how I expect BTC.D to move up in the next couple of months. Also, as evidence here are charts of some of the alts from the previous two bull runs highlighting what happened to them after BTC.D tapped the top trendline. (Which happened on 17th of March and 21st of December. ETH ADA MATIC There are many others you can look up yourselves. All this is contingent upon Continuation of BTC Rally beyond 38K in coming couple of months.
CRYPTOCAP:TOTAL2
by zakoraio
Cardano's ($ADA) Prolific Bullish TrendThe local trend on Cardano's chart is bullish, a trend that seems logical given the positive dynamics of BTC. Currently, ADA is trading between the support zone of $0.2730-$0.2770 and the resistance of $0.2920-$0.2970. The priority for ADA is to continue this upward movement. Above the current resistance zone, the range of $0.302-$0.308 becomes the next target for buyers. Future highs are expected to be updated as Bitcoin continues its growth. In the event of a correction, the ADA price may test the support levels at $0.265 and within the range of $0.255-$0.260. All these marks are within the upward trend, which is expected to resume after such a correction.
BINANCE:ADAUSDLong
by DEXWireNews