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Cardano

ADA: buying opportunities comingIf we assume crypto markets overall are out of the bear market, then June 2023 low should be it for ADA. Since then, it seems to be forming some kind of a leading diagonal. Leading diagonal structures are painfully corrective and designed to keep people out of accumulation phase. So, if it is in fact, a leading diagonal structure, then we should see some heavy downturns for Minute wave 4 and then the minor wave 2 back to mid to low 20 cent range. And like always most will stay out of buying, as they will think it is going sub 10 cents. For me, the math is pretty straight forward. I will buy the dips every time it is sub 30 cents with a stop loss at 23 cents. Because if the leading diagonal is invalid, breaching 23 cents will confirm it and price would head back sub 10 cents. For me, this will be a good risk/reward long term play for now.
BINANCE:ADAUSDLong
by mukit1
ADA Might Break Through The Current Resistance ZoneCardano (ADA) Cardano is currently trading between a support level of $0.354 and a resistance zone of $0.38-$0.41. This price range has been tested three times over the past two weeks. If Bitcoin continues its upward trend, the next goal for Cardano would be to reach new highs. In this scenario, ADA could break through the current resistance zone and test the $0.43 level. A subsequent stabilization of its price within the $0.41-$0.43 range is a likely outcome. On the other hand, should Bitcoin undergo a correction, Cardano might drop to support zones around $0.330-$0.342, $0.325, and $0.305-$0.315. Further declines in ADA's value would largely depend on the trajectory of Bitcoin's price movement.
Long
by DEXWireNews
Cardano is failing at 0.4. I'm looking to sellIn my previous analysis of ADA/USDT, I highlighted that as long as Cardano maintains support above the 0.24 zone, there's a strong likelihood of a reversal towards the range's resistance at the 0.4 zone. Recent optimism in the crypto market has indeed facilitated this movement, with the coin witnessing an approximate 60% surge over the past month. However, the overall structure for ADA remains range-bound and not decisively bullish. Therefore, a potential retracement could be on the horizon. My strategy is looking for opportunities to sell on any spikes above 0.4, targeting a drop back to the 0.3 level, with a rise above 0.42 negating this outlook.
Short
by Mihai_Iacob
4
Cardano (ADA) Rallies 10% Over the past week, both altcoins and Bitcoin underwent a widespread correction, prompting tokens like Cardano, Ethereum, and Solana to look for stable ground. Despite this setback, the prevailing optimism has reignited enthusiasm in the market, hinting at an imminent bullish comeback. Cardano (ADA) Moves With Confidence Cardano has showcased remarkable resilience, staging an impressive recovery after weathering two underwhelming quarters. In its recent ascent, ADA briefly breached the $0.4 price level for the first time since April. However, the excitement was short-lived, as ADA quickly turned its hull towards the bottom, sinking to the liquidity zone at $0.348 over the past week.  Despite this temporary setback, ADA is once again moving with confidence, orchestrating an impressive 10% rally over the weekend to reach $0.385. The surge coincides with Bitcoin gearing up for a potential retest of its yearly high at $38,000. In the upcoming week, Cardano, fueled by its newfound vigor, could retest $0.4, potentially flipping it into support – hinging on Bitcoin’s success.  Should it succeed, Cardano’s trajectory could extend to $0.5, setting a new yearly high. At the time of writing, investor sentiment exhibited a subtle bearish tint, particularly on-chain, as some users opted to cash out profits amid ADA’s recent performance. 
Long
by DEXWireNews
Bulls at the Helm: ADA (Cardano) Defense of Key Demand Zone⚪ Cardano (ADA) has exhibited the resilience of bulls defending the critical $0.23 demand zone, which notably acted as a safety net on multiple occasions, particularly in August and October. ⚪ The recent surge in ADA's price levels, culminating in a new higher high, serves as a promising indicator of a potential bullish trajectory. While the increase might not be as hight as other altcoins, we anticipate a 50% surge in the weeks to come, albeit preceded by a minor correction. ⚪ The expected pullback should find support near the widely recognized 61.8% Fibonacci retracement level, providing an enticing risk-reward entry point. Our detailed trade setup will be shared in our channel shortly. Keep a close watch for updates.
Long
by CryptoPAMM
🚧ADAUUSDT is bullish now🚧 & many Traders don't see it(WA)👀!!!As you can see, the price is in a Falling wedge. If the price can break this wedge, we can hope that the price will act like a butterfly pattern and the price will grow well. ❗Weekly Analysis. ⏮️previous Analysis 🍻Hard for everyone but easy for me. thanks God... _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
Long
by CobraVanguard
1
Above 0.3808, full-fledged upward trend beginsHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ADAUSDT chart) The chart showing the same movement as the current ADA is ambiguous. The reason is that if you look at the 1D chart or 1W chart, they are showing an upward trend no matter what anyone says. So, you would expect it to be on the rise, but looking at the 1M chart you can see that's not the case. (1W chart) If you look closely at the chart, you can see that it is not in an upward trend, but is just trying to break out of the bottom. Therefore, it can be said that the upward trend is likely to begin only when the price rises above 0.3808 and is maintained. (1D chart) Looking at the 1D chart in a narrow range, it seems that it is showing a tremendous upward trend. Therefore, looking at the current movement, it may seem that the price is about to turn to the downside. Therefore, even if it rises above 0.3824 and shows support, you are too scared to buy it and just look at it. As you can see from the 1M chart and 1W chart, these charts are just showing signs of breaking out of the bottom section. Therefore, it is time to buy when it rises above 0.3808 and shows support. If you wait for fear that the price will fall further when it is at the bottom, and wait for the price to start falling when it rises to a critical point, you will inevitably end up buying at a bad purchase price. Therefore, you need to make aggressive purchases with an investment proportion that does not cause psychological damage, watch and respond. In a rising market, you should look for an opportunity to buy when the 1D chart is a falling candle, and in a falling market, you should look for an opportunity to sell when the 1D chart is a rising candle. Therefore, in a rising market, you should buy when there is a pull back pattern, and in a falling market, you should buy through a breakout trade. Based on these basic trading strategies, you must create a trading strategy that suits you and start trading. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** 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
ADA to start growing faster than BTCCRYPTOCAP:ADA & BITSTAMP:BTCUSD The recent performance of ADA (Cardano) suggests it is a promising buy for investors. After a strong recovery from a support level of $0.23 on October 19, ADA experienced a significant rally, soaring by 65% to reach $0.40 by November 11. Although it's trading slightly below this peak, ADA is maintaining an upward trajectory, indicating potential for further growth. The currency seems poised to reach or even surpass its upper range near $0.42, which could represent a gain of around 16% from its current value. This pattern of recovery and growth makes ADA an attractive option for those looking to invest in the cryptocurrency market. COINBASE:BTCUSD
Long
by TotoParasca
CARDANO PRICE PREDICTION 2023-2032: IS ADA A GOOD INVESTMENT?CARDANO PRICE PREDICTION 2023-2032: IS ADA A GOOD INVESTMENT? Cardano Price Predictions 2023-2032 Cardano Price Prediction 2023 – up to $0.37 Cardano Price Prediction 2026 – up to $1.30 Cardano Price Prediction 2029 – up to $4.17 Cardano Price Prediction 2032 – up to $12.87 Cardano stands out as a project with remarkable potential beyond its role as a tradable asset. Rooted in scholarly peer-reviewed research, it has cultivated a robust community over time. Here, we delve into the essence of Cardano and offer a projection for the future value of ADA. How much is ADA worth? The live Cardano price today is $0.3906 with a 24-hour trading volume of $524,566,095. Cardano is up 0.91% in the last 24 hours. The current CoinMarketCap ranking is #8, with a live market cap of $13,707,615,190. It has a circulating supply of 35,268,531,003 ADA coins and a max. supply of 45,000,000,000 ADA coins. Cardno price analysis: ADA surges to $0.3906 as bullish momentum resurges TL; DR Break down Cardano price analysis shows a positive trend in the cryptocurrency market. The digital asset’s price has surged more than 0.91% over the past 24 hours. ADA price trades in a range of $0.3716- $0.3944.
by henryartem
🔥 ADA Parallel Channel: The Best Trade You Can MakeSince ADA bottomed last month, the price has practically been going up in a straight line. In hindsight, the bounce occurred right at the moment where the price touched the bottom support of the parallel channel. The parallel channel is formed by drawing a line between the two bull-market tops, and copying that exact line towards the Corona dump's bottom. Since the pattern has now been confirmed, we can take a look at the next bull-market top. Assuming that the bull-market top will be somewhere in 2025 and that ADA will continue to follow this pattern, we can make the assumption that ADA will top somewhere above 35$. By placing the stop below the bear market low, we can construct an amazing long-term trade with a risk-reward of over 200. Crazy potential.
Long
by FieryTrading
26
The Dollar Shop💵: ADA, FTM, CTXCHi Traders, Investors and Speculators of Charts📈📉 I'll be making a series on altcoins that are trading well under 1 dollar. These coins make for great additions to a diversified portfolio AND with such a cheap price, why not get a few. You never know which one will 100x 🤑 Incase you missed the previous one, find it here : NOTE that these are accumulation ideas ideally. You can definitely swing trade once they have doubled, but keep a few around for incase one of them x10 or x100. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
COINBASE:ADAUSDLong
by CryptoCheck-
64
ADA vs ETH : Which is Better Buy ?Hi Traders, Investors and Speculators of Charts📈📉 Both Cardano and ETH have massive followings. When ADA was released, many argued it was going to be the "ETH killer" . (Don't shoot the messenger now). But today's analysis is not going to be about fundamentals, or arguing which coin is better than which... instead, we're going to take a look at which coin has the most upside potential for the next bullish cycle. ADA or ETH? And also, what is the risk-reward? First, let's take a look at SHORT TERM zones: It's important to note that during the last bearish cycle, ETH lost 80% of it's ATH whilst ADA lost just over 91%, meaning that ADA falls much harder than ETH. In the DAILY / also SHORT TERM / we see that ETH is ready to proclaim a new bullish cycle, but ADA not yet as ADA struggles to capture the 200d Moving averages: From the weekly perspective, ETH is just about to reclaim all Moving Averages as support, but Cardano is lagging behind, still trading under the 50d MA (technically from a moving averages perspective, still bearish). And finally, from a macro perspective logarithmic chart, ADA has yet to reclaim the 0.618 Fibonacci Log Channel, whilst ETH is already trading on top of it. With all of the above said, there is a clear distinction that we can make between the two trades : ETH is a safer bet then ADA, but ADA has much more upside potential then ETH. This is where you need to decide what your appetite is for risk. ETH has a lower risk medium reward setup, and ADA has a high risk high reward setup. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 We thank you for your support ! CryptoCheck
KRAKEN:ADAUSDLong
by CryptoCheck-
28
ADAUSDT.1DBased on the given data, the current price of ADA (Cardano) in terms of USDT (Tether) is 0.3579. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 63.78, 87.74, and 63.56 respectively. The Moving Average Convergence Divergence (MACD) for the same periods are 0.0080, 0.0245, and -0.0098 respectively. The RSI is a momentum oscillator that measures the speed and change of price movements. An RSI above 70 is typically considered overbought, while an RSI below 30 is considered oversold. The 4-hour and 7-day RSI are in the middle range, suggesting a balanced market. However, the 1-day RSI is high, indicating the market might be overbought. The MACD is a trend-following momentum indicator. A positive MACD indicates that the 12-day EMA is trading above the 26-day EMA, suggesting bullish momentum. The 4-hour and 1-day MACD are positive, indicating bullish momentum, while the 7-day MACD is negative, indicating bearish momentum. The Bollinger Bands (BB) for 4 hours, 1 day, and 7 days are 0.3671, 0.3656, and 0.3732 respectively. The BB is a volatility indicator. When the price is near the upper band, the asset might be overbought, and when it is near the lower band, it might be oversold. The current price is close to the lower band for all periods, suggesting that the asset might be oversold. The support levels act as a floor by preventing the price of an asset from being pushed downward and resistance levels act as a ceiling to prevent the price of an asset from being pushed upward. The support and resistance levels for the different time frames suggest that the price has room to grow before hitting resistance, but also has some cushion before hitting support. In conclusion, the technical analysis suggests mixed signals with some indicators suggesting a bullish momentum and others suggesting the market might be overbought. As always, it's important to consider market fundamentals alongside technical indicators when making investment decisions.
by MarsSignals
Cardano price can rise up to 0.35 levelHi everyone, After consolidating at 0.24 - 0.26 price range Cardano price started to rise and has reached very important resistance level at 0.3 price. If ADA price manages to break 0.3 level then next target will be at 0.35 resistance level. Also worth noting that daily RSI is above 70, price at resistance level, so there is possibilty of price correction on Cardano. But this correction shouldn't be big, maybe up to 0.28 but no more than that. Otherwise Cardano has a good chance to rise at least up to 0.35 price level. Please, do not forget to boost this idea & share it with your friends; thanks.
by Real_CryptoRoy
9
Strong CardanoHello there , mastershark here , the predictor. As some folks requested here’s what i think about cardano ; despite being rubbish cardano is showing strength. I think that there’s high probability that ada will break the ATH and aim to 8$ or around for the peak of bull run . Many old coins wont BTW . As I mentioned in the chart historically we are in the beginning of bull cycle which in previous one covid 19 gave us black swan and i think some incidents like that isn’t on the table unless we see a huge war which i think the governments can’t afford. We have obvious similarities with previous cycle that isnt a criteria but ill give us some clues. Check the RSI aswell. Stay safe fam .
CRYPTO:ADAUSD
by mastershark
7