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ADAUSDT

Cardano ADA price has a ray of hope for continued growth The last time we came up with an idea for ADAUSDT was 5 months ago, and it's been working out great. The value of the Cardano token has doubled during this time. The positive thing is that the ADA price has broken out of the falling trend channel. However, there was one "But" during this time - buyers were unable to break through and gain a foothold above the powerful liquid level of $ 0.43 On yesterday's market decline, buyers of ADAUSD managed to keep the price in an uptrend, above the local purple trend line. That is, buyers don't want to give up easily, which is good and gives a ray of hope. Given that, in the coming days, BTC sellers may try to drop the price below $ 26600-27000 to break the stops of long positions that are hiding there. The ADAUSDT price may also squeeze down, but it shouldn't be able to stay below $ 0.327-0.34. Fixing the price below this level could trigger an extension of the price drop to $ 0.27 and below. A positive scenario is difficult in the current realities but possible. It is necessary to break through to $ 0.55, then consolidate above $ 0.43, and only then will the path to $ 0.80 open up, and maybe even to the first "non-burning price" $ 1 (not million))) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
23
ADAUSDT Daily Hi Guys, Hope you well, As you can see, we are in a good uptrend channel. We can move up again from the bottom of the channel, but a good buying point in the lower support is a very good move for the purpose of the ceiling of the channel and also to collect liquidity. SecondChanceCrypto ⏰09/May/23 ⛔️(DYOR) always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment.
by Secondchancecrypto
SasanSeifi 💁‍♂️ADA/USDT 3DHI TRADERS ✌The possible scenario of ADAUSDT is specified. ▪️By examining the ADA chart in the 3-day time frame. As you can see, the price has been accompanied by selling pressure from the supply zone. It is currently trading in the range of 0.38. ‎📈In the long term scenario that we can consider if the price penetrates below the range of 0.37, we will see further correction up to the range of 0.34 / 0.33. We have to see how the price will react to the support ranges. The possibility of a positive reaction can be considered from the range of 0.34/0.33.❗️ 🔸The important resistance range in the 3-day time frame is 0.43⚠️ 🔘Keep in mind that long-term maintenance of the HL range of 0.30 is very important to continue the positive trend.‼️ The current price : 0.3790💲 TF : 3-day ❎ (DYOR)...⚠⚜ WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌ IF you like my analysis please LIKE and comment 🙏✌
by SasanSeifi
Cardano: chasing oversold sideDuring the previous week ADA clearly started its reversal move. The support line at $0.40 had been clearly broken at the beginning of the week, and the coin continued its road down to its minimum weekly level at $0.37. Selling orders are prevalent at the end of the week, in which sense, it might leave some space for further drop in price until a clear oversold side is reached. During the whole week, RSI was moving below level of 50, finishing the week around 42. This is another indication that the market is chasing an oversold side. Moving average of 50 days is slowing down its divergence from MA200, putting into question the formation of the Golden cross. Current charts are clearly pointing that ADA is on the road toward the oversold side. Current price fall stopped shortly around $0.38 level; however, it should be treated as only a short term stop for ADA, on a road toward the $0.35 support line. There is some probability that this level might be reached during the week ahead. On the opposite side, there is a low probability that $0.40 resistance might be tested.
COINBASE:ADAUSD
by XBTFX
2
ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this ADA/USDT update by CRYPTO SANDERS. CHART ANALYSIS:-Cardano formed a bearish head and shoulders formation, which is about to resolve soon. If confirmed, that would mean the price could break lower. ADA also lost 5.4% of its valuation this past week. The key support at 38 cents is critical for this cryptocurrency as it will determine the price action in the weeks to come. The Bears appear to have the upper hand right now, but things could still go either way. Looking ahead, expect volatility to increase as the price approaches the key support. If buyers cannot defend this critical level, then ADA could fall towards 35 cents next. The key resistance is at 41 cents should buyers suddenly return. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
4
ArmanShabanTrading |🟢 CARDANO : BULL or BEAR ? Let's See !!!By checking the #Cardano's chart in the daily time frame, we can see that it is trading above the Institutional Support level + POC Line , I expect that if it maintains the support of the range of 0.37 to 0.39, it can move again to 0.46 as the first target and 50 cents as the second target! Follow me for more analysis & Feel free to ask any questions you have, I'm here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 04.27.2023 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
10
#Cardano Retracement after 50% Rally, Support at $0.37Past Performance of Cardano The uptrend might still be valid, and ADA is up over 50% from mid-March, but the coin could further correct from recent peaks. Notice that the coin is lower, pulling back from last week's highs. The resistance line remains at $0.41, while support is at $0.37. Any comprehensive close above those lines will shape the immediate to medium-term formation. #Cardano Technical Analysis Trading volumes are decent, but ADA buyers still need to build on recent gains and edge above April 26 highs of $0.42. The current rejection of higher prices means bears of April 16 to 22 may flow back, forcing the coin towards $0.37 and even $0.30 in the sessions ahead. Traders may wait for a solid close, with expanding volumes, below $0.37 before engaging. This means they are aware that more gains above $0.41 may see ADA float back to $0.45 in a bull trend continuation formation. What to Expect from #ADA? ADA is in an uptrend but correcting after a solid performance from mid-March. As a bear flag prints in a short-term correction printed within a broader bull trend, traders should watch how prices react at $0.37. Losses may dent Cardano bulls' sentiment. Resistance level to watch out for: $0.41 Support level to watch out for: $0.37 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
1
ADAUSDT - Breakout Ceiling of Falling Trend Channel- ADAUSDT has broken through the ceiling of a falling trend channel in the medium long term. - ADAUSDT has reacted back after a possible false break of the inverse head and shoulders formation. - A decisive break up through 0.40 will again give new positive signals to the currency, while a break on the opposite side of the formation will be a strong negative signal. - ADAUSDT has broken down through support at 0.42. - Overall assessed as technically neutral for the medium long term. *EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price *Chart Pattern: DT - Double Top | BEARISH | RED DB - Double Bottom | BULLISH | GREEN HNS - Head & Shoulder | BEARISH | RED REC - Rectangle | BLUE iHNS - inverse head & Shoulder | BULLISH | GREEN Verify it first and believe later. WavePoint ❤️
Long
by wavepoint99
ADAUSDT → Recovery on the back of market growth ADAUSDT forms a support base on the background of a technical pullback in the area of 0.3750-0.3800. An uptrend is forming after breaking the previous one. Bitcoin recovered most of its fall yesterday. One of the main reasons is again related to the banking sector. Cardano also reacts to the growth of the flagship. The price makes a retest of the key resistance area of 0.4000. If the bulls can take control of this area, the cryptocurrency may reach the previously mentioned targets in the near future Moving averages act as a support area, an uptrend is formed. Strong support: 0.3800 Strong resistance: 0.4000, 0.4600 I expect, that on the base of cryptocurrency market recovery cardano can overcome important resistance and will continue its growth in the direction of 0.5500-0.6000 Sincerely R. Linda!
Long
by RLinda
14
ADA/USDT 1DAY UPDATEHello, welcome to this ADA/USDT update by CRYPTO SANDERS. CHART ANALYSIS:-Cardano managed to hold onto a price above 40 cents, despite the most recent correction that saw it test the support at 38 cents. This also allowed ADA to book a minor increase in the price of 1.4% this week. The biggest challenge for ADA is to move above 40 cents which is the key resistance at this time. If the overall market remains bullish, then this cryptocurrency could explore higher levels. Looking ahead, Cardano is found in an uptrend, and so far, buyers have the upper hand. As long as they can defend the support at 38 cents, the price has a good chance to move higher over time. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
ADA: Channel UpCardano (ADA) technical analysis: Trade setup : Price is in an Uptrend, trading in a Channel Up pattern. Likely to revisit the channel resistance trendline around $0.50, which also lines up the horizontal resistance zone. After 3x failed attempts, price finally broke above $0.40, indicating that buyers have soaked up all the supply from sellers and price could resume its Uptrend with upside to $0.50. Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. 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 $0.40, then $0.30. The nearest Resistance Zone is $0.50, then $0.60.
Long
by altFINS
1
ADA/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, 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) rose by as much as 9% on Wednesday, as bullish sentiment returned to cryptocurrency markets. Following a low of 0.38 on Tuesday, ADA/USD raced to an intraday high of 0.4166 earlier in today’s session. Today’s surge in price saw Cardano climb to its highest point in six days since the token was trading above a ceiling at 0.4200. Looking at the chart, Wednesday’s move came as the relative strength index (RSI) broke free of a resistance level at 53.00. At the time of writing, the index is now tracking at 55.12, with an upcoming ceiling of 58.00 a potential target for bulls. Should this point be hit, it is possible that ADA will move back above its point above resistance. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1