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Cardanousdt

Cardano ADA. No desire to buy, but there is a chance for growthFor more than a year, the ADAUSDT price has been falling, without any hints of a possible rebound. The ADA price fell to the liquidity zone, below which buyers did not allow to adjust during the rapid growth in 2020-2021. In general, we believe that 2023 will be the starting point in changing the trend to grow. We described it in more detail here: So, we can assume that the Cardano token price may grow at least a little in its value. The first resistance from above and the first target for growth is $0.40-0.42 The second target for growth is around $0.80 . It can be reached by the end of spring 2023. But of course, there is always someone who can put a fly in the ointment and spoil the whole "pleasure" If the sellers manage to fix the ADAUSD price below $0.23 , then few people will be able to prevent the price of ADA from falling by half again, to the region of $0.12 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
45
ADA: Approaching ResistanceCardano (ADA) technical analysis: Trade setup : Following a bullish breakout from Falling Wedge pattern with robust volume, price has completed a trend reversal and reached our target $0.40 horizontal resistance zone (also 200-day moving average). Wait for price to either 1) break above $0.40 to resume uptrend, or 2) pull back near $0.30 support for a swing entry. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.30 (previous resistance), then $0.25. The nearest Resistance Zone is $0.40, then $0.50.
Long
by altFINS
ADA: Approaching ResistanceCardano (ADA) technical analysis: Trade setup : Following a bullish breakout from Falling Wedge pattern with robust volume, price has completed a trend reversal and reached our target $0.40 horizontal resistance zone (also 200-day moving average). Wait for price to either 1) break above $0.40 to resume uptrend, or 2) pull back near $0.30 support for a swing entry. Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis. Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $0.30 (previous resistance), then $0.25. The nearest Resistance Zone is $0.40, which it broke, then $0.50.
Long
by altFINS
1
Cardano(ADA/USDT) Price May reach $0.5 Very soon! Crypto markets go green within the beginning of the fresh weekly trade as Bitcoin price successfully sustains above $17,000 for more than 24 hours. Cardano's price also received a significant bullish push that assisted the price to rebound from the lower bottom and raised beyond $0.34 since the beginning of 2023. It appears that the bulls again entered the ring as the trading volume soared more than 100% in just a couple of hours. With the massive upswing, the ADA price remained in the spotlight as it breached several short-term indicators and previous resistance zones. Trading currently at around $0.315 after rebounding finely from the bottom at around $0.24. The bulls managed to break above the 8-day EMA and 21 -day EMA, indicating the revival of the bullish trend as they have collected several liquidity barriers. The price due to the market crash in the last few days of 2022, plunged below the support levels of the descending parallel channel. The token hovered below the channel for a short time frame as the recent bullish push raise the levels back above the channel. However, the price is witnessing significant bearish pressure at the moment with an intention of lowering the price levels below $0.3. However, the bulls appear to be pre-determined as the price levels are held tightly above $0.31. If Cardano successfully maintains the day’s close above $0.3 and the weekly close above $0.35, then the path towards $0.5 may be validated. The price may maintain a notable upswing regardless of the bearish interference which is expected at frequent intervals. The bulls after a certain period may get exhausted and allow the bears to jump in. This may slightly impact the progress of the rally aiming for a price slash towards the 21-day MA level at $0.26.
by Coinpedia-Market-Insight
1
Cardano (ADA/USDT) Price May Not reach $1 So SoonAfter a long period of decline, the Cardano price trend is showing signs of becoming bullish. The ADA token has been falling for over a year without any indication of recovery. The price dropped into a liquidity zone, where buyers were scarce, hindering growth in 2020-2021. However, with the new trade set-up, the ADA price is trying to break out of the bearish pattern and increase significantly. Many believe that 2023 will mark a change in trend and that the Cardano token price will increase at least slightly this year. Since reaching new highs and failing to sustain a significant upward trend, the ADA price has been largely bearish. However, the price has been trading within a narrow range during H2 2022 and is expected to experience a strong bull run soon. After breaking out of the inner parallel channel, the ADA price is predicted to rise beyond $0.40 to $0.42, which is the first target for the upcoming rally. The second potential target for growth is around $0.80, which is expected to be reached by the end of 2023. However, bears have a strong grip around the $0.9 region and a significant rejection could cause the price to drop as low as $0.23. It is expected that the Cardano (ADA) price will remain bearish for an extended period, possibly even falling to $0.12 in 2023.
by Coinpedia-Market-Insight
1
Cardano ADA can be the hidden gemToday it’s time to talk about Cardano, my last trade on it was quite successful I was able to catch the countertrend trade. You can watch it here👇 I also consider now that ADA has found it’s local bottom and we can use this opportunity to trade. I have tried a lot of different technical analysis approaches and found that best way to trade crypto is the Elliott waves confirmed by trading chaos tools. On the 1D time frame of the ADAUSDT chart of the WhiteBit exchange I have drawn the considered waves structure. Cardano is printing the last global bearish wave 5 like the entire crypto market. I suppose that the wave 3 inside last bearish wave have been already finished and now the price set the local bottom. I concluded it because of the reaching the target level 1.61 Fibonacci extension, which is a natural level for the wave 3. Moreover wave 3 has the clear internal structure. Awesome oscillator showing us the wave 3-3 bottom because it corresponds to the minimal value. Wave 3-5 I suppose has been already ended. The wave is extended and longer than wave 3-3, but trading chaos approach helps us understand that. We can trade the corrective wave 4. I suppose it is going to print the flat or irregular correction because the wave 2 was represented as a zigzag. Waves 2 and 4 usually have the different structure. I have already opened long trade with the target at $0.34 because the 0.38 Fibonacci retracement is located there. This is the natural target for the flat correction. After that I expect the last wave 5 inside wave 5 and the end of the bear market. I think ADA can form it’s bottom even earlier than Bitcoin and it has much more potential to grow in the new bull run. Best regards, Ivan ________________________________________________________________________________________________ If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
Long
by Skyrexio
17
Cardano(ADA/USDT) Price Projections for 2023The crypto space is witnessing a minute roller coaster ride, with the price undergoing small ups and downs. Besides some of the prices of the tokens like Cardano remained plateaued with an equal brawl between the bulls and the bears. However, the stagnant trend is expected to vanish very soon as the fractal represented a revival of a bullish trend very soon. Over the past week, the price of ADA fell precipitously, experiencing a double-digit decline of more than 14%. With the drop, sharks increased their accumulation, which spiked to levels not seen since June 2021. Besides the social dominance of the token has also raised significantly, immediately after the FTX debacle. The levels soared from the lows of around 0.55% during the mid of November to as high as 1.63% by the end. Additionally, the total weighted sentiments which combine all the positive and negative mentions and compare with the frequency over time also raised very high. This indicates that the market participants are bullish on the asset and hence preparing for a larger move at the earliest. Besides, the dormant tokens which were not been moved in the past 3 years were moved during the same time marking a gigantic move incoming very soon. The ADA price now appears to be in a decisive phase where-in it may either rebound from the current levels or else experience a minor pullback to test the multi-year trend line and ignite a rebound towards new highs.
BINANCE:ADAUSD
by Coinpedia-Market-Insight
2
Cardano (ADA/USDT) Failing to Hold in the Race, What's Next?The bearish volume has piled up, due to which the top 9th crypto is currently trading below the crucial resistance at $0.3. Moreover, crypto is flashing huge bearish signals which could drive the crypto towards new lows soon. The ADA price witnessed a fresh dismissal from the $0.28 support levels to hit the bottom at around $0.2491. The price at the moment continues to consolidate losses as it appears to accumulate strength to break above the resistance zone at $0.26. The price may face the first resistance at $0.26 which is 0.23 FIB level. The next major resistance could be around $0.29 which coincides with the 50-Day MA in the short-term. A clear uptick beyond these levels may break the resistance at $0.3 enabling a spike beyond $0.32, while the bulls may escort the price towards $0.350 levels. Conversely, the bearish scenario includes the ADA price facing rejection from the current support at $0.248. This may break the last point of defence at 0 FIB levels which may trigger a fresh giant move towards the south reaching the $0.2 support.
by Coinpedia-Market-Insight
2
Cardano ADA price is trying to stop falling) Maybe it will growIf we look at the ADAUSDT price chart globally, we can say that buyers are mega-passive. At a time when quite a few altcoins are trying to grow, the ADA price continues to move in a downward channel, updating the 2022 low in November. And some very strong altcoins, such as MATICUSDT, have long ago left the falling channel and changed the trend of price movement. On the other hand, the ADAUSD price has entered the liquidity zone of $0.28 - 0.35, where it is trying to round up and show signs of a possible trend reversal. If you believe in the positive prospects of the Cardano project, then the liquidity zone of $0.28 - $0.35 is a good place to take a long position for part of the deposit for the long term. Analyzing the current price behavior of ADAUSDT, it is hard to hope for rapid growth. But $0.60- 0.65 for ADA closer to the middle of winter 2023 why not ?) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
37
ADA crucial levelsBINANCE:ADAUSDT This is a most important levels for Cardano ✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you. Possible Targets and explanation idea ➡️On screen local chart since April drop. Fib in play and we going to touch -0.27 level 0.2761 price ➡️This zone was resistance zone in January 2021 now it play like support ➡️Like you can see we can touch -0.27 level and grab liquidity before we make a reversal move ➡️If we capitulate and market crash again next zone 0.17 cents ➡️We already passed local downtrend line with retest ➡️By Yellow line I showed potential correction to all this downside move to 0.93 cents ➡️On Direction indicator big players start accumulate ADA but no signal to buy yet Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. * Look at my ideas about interesting altcoins in the related section down below ↓ * For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
Cardano short target 0.2636Hey trader! This technical analysis discusses how the price of Cardano could potentially decline to a lower price target. In the analysis an Elliott Wave is made as the resistance levels become lower. The start of the first wave starts at the resistance level at 0.5947 . After the first wave, the waves get progressively lower indicating a bearish trend. At the end of the Elliott formation , the strong support level at 0.3233 appears, where the price is close to break and enter a fall below the strong support . This fall, according to an applied fibonacci line , could indicate that the price should fall all the way down to the target at 0.2636. The analysis uses the following background indicators to inspire the execution: Day Buy Sell Volume Label, VSAR Visual Signal ActivatoR, & RSI background.
Short
by Aksel_Rom
Cardano : repeating bear market shape UPDATE Cardano : repeating bear market shape UPDATE just an update to the last idea (attached), things have become a bit clearer, adjusted the fractal to suit. only thing that is unclear with that idea is whether we get one more fake bounce for a bit or not.. its obviously following the last macro bear moves. question is does it diverge, and when? if it does stop following this i'd expect it to around this price point pivot. gl
BINANCE:ADAUSDShort
by Crypto-Quantum-Fox
9
ADAUSDT 1D Effect of the Vasil hard fork on the Cardano priceOn Thursday, Sept. 22 , the Cardano blockchain will carry out its much-anticipated Vasil hard fork, a backward-incompatible upgrade taking place on the main network that is intended to enrich smart contract capabilities, increase the chain’s throughput and reduce costs. The crypto community is very optimistic about the upgrade and expects the price of Cardano to rise. Previously, hard forks have been a catalyst for ADA prices to rise. After two updates, the price of ADA has grown almost 40 times (look at the chart). But after the last Alonzo hard fork in 2021, the price of Cardano fell by -80%. But it will also be true that in the same period, the bear period began in the cryptocurrency market. Probably, now they want to launch the Vasil hardfork at the "right time" , so that the ADAUSDT price would immediately start to rise, since it was originally postponed from June to July, and now to September. You can try to take a good medium-term deal: Entrance - $0.45 Stop below $0.422 (-6.2%) TP1 - $0.74 (+64%) TP2 - $1 (+122%) R/L ratio 20/1 _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
12