Cardano: Indecisive 🤔So far, Cardano has apparently refused to drop deeper into the green zone between $0.9355 and $0.2767 and has not fallen below its last low. This could imply that the altcoin’s preparation for the coming ascent have already begun. However, we rather expect Cardano to make further use of the green zone to finish wave 2 in green at its bottom before moving upwards, confirming the ascent by crossing the resistance at $1.6378. The altcoin should be careful, though, not to drop below the green zone!by MarketIntelPublished 222
ADAUSD: The Best Buy ZoneIn my opinion, the best area to buy Cardano is at prices of $ 0.3-0.35.Longby behzadasghari1Published 4
ADA's rebirthTargets in the zone. What was before, shall be now again.Longby cheerfulOil65463Updated 9
CARDANO (ADAUSD): Pullback After Bearish Move Hey traders, One more great opportunity to catch a pullback on ADAUSD. This time the market formed a double bottom formation and then broke a falling trend line on 1H time frame. I expect a bullish move at least to 0.5 after its retest. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️ Longby VasilyTraderUpdated 1112
Cardano | Another RoundWe see bullish consolidation taking place as prices are trading above EMA10. We continue waiting patiently for the next round. The support is marked with blue and the target with yellow. We have bullish signals coming from the indicators. I looked at other charts related to this one and we have a bullish bias. It can cancel out and that is why I mention support. Good luck. Good profits. Namaste.Longby AlanSantanaPublished 3323
DowntrendIt might go down! At least until Vasil! A quick view from past prices. Lets see what comes with itby O2DealerPublished 1
Cardano Too Or Not?The early signals for a bounce are looking good... But we are still early, we need to wait for the daily/weekly close. We can see bullish divergence here on the MACD and RSI. We can also see some attempts right now at pushign prices up. It is looking good but the trading volume is still low. We will need to see prices above EMA50 or $0.4952 to consider a bullish move real and/or strong. This is just a quick update to previous charts. I will go deeper into the long-term timeframes, more signals and levels for you to enjoy. Thanks for the support. Namaste.Longby AlanSantanaPublished 9925
ADA Long for short term gainAda is showing some climbing action. Always manage risk NFALongby JubertVosPublished 222
ADA - Dominance Up, One To WatchADA dominance currently at 7% today and this is one of my buys with BTC potentially bottoming / bouncing in this area. A good bounce today to form and SRP shakeout reversal pattern. The wicks show buying pressure at the supportive low revealing that this is a level buyers are interested in. And I am definitely one of them 😄 as I think ADA will be moving up soon enough. ADA did hit long term support in the crash low and it could re-test that area again, but having fallen 88% can you really keep a good coin down 😄? I have been very bearish on ADA in the past, but I think its time for it to go on a run from somewhere in this area. Not advice.Longby dRends35Updated 191915
ADA Historical CorrectionsDon't be surprised for a moment if ADA dips 99% AGAIN. lol This is absolutely in the cards and should be prepared for.by BACapitalManagementPublished 111
Cardano: trading in a mixed modeIf we take into account general market sentiment and developments during the previous week, it could be noted that ADA outperformed the market by dropping less than many other coins. The price went down from $0.56 to $0.44, where on Tuesday and Wednesday buying orders dominated the market. Regardless of the drop in the price, ADA was traded in a mixed mode, which is generally positive for this coin, regardless of circumstances on the market. Although the majority of other altcoins were traded heavily in the oversold territory, ADA managed not to reach this level. During the whole week RSI was moving within 40-45 range. It shows that the market is still not ready to push the price to the oversold zone, but there is still no strength for a move toward the overbought area. Moving averages of 50 and 200 days continue to move as two parallel lines with clear downtrend. Emerging buying orders are increasing confidence that the price of ADA could not go much more to the down side. In case that current correction is still not over, there is some chance that the price might go down to $0.4 support line. On the opposite side, there is probability that the price might revert to the upside in order to test once again $0.5 resistance. Disclaimer: This article provides exclusive views of the author. It does not in any sense represent a suggestion for trading. by XBTFXPublished 13
Cardano Too Will Recover Ultra Strong (We GET PAID!)When it comes to Cardano (ADAUSD) the chart is still looking good... Yes you say so but why my friend? Because prices remain trading above the low price set on May 12. As long as this support holds, we can expect this pair to grow. But what happens if the support fails? We remain bullish all the way... If support fails, we will hit a lower a low followed by a stronger bounce in a matter of week or just days. See the arrows... Both the red and the green ends up pointing up. It is all a patience/waiting game. Buy and choose to wait long-term. We are entering a buyers market. First we buy; Then we hold; Last, we GET PAID! Namaste.Longby AlanSantanaPublished 9931
keeps Eyes on Ada next move to 0.75 or 0.30keeps Eyes on Ada next move to 0.75 or 0.30 ADA three time bounce from the support of 0.40 to 0.46 so now trading at bottom of the support bounce long break short not a financial advisorby irfanAfridiPublished 220
~$8.00 2025 ADA Price target; yes 2025Next BTC halving is a ways off. Inflation is high and going higher. Divestment from crypto funds / stock markets. Geopolitical uncertainty + high oil prices. Etc, etc. All bad news for short term ADA price action. ADA had ~130-140 accumulation weeks on the macro scale before going parabolic. The ADA of 2022 is not the ADA of 2018 and it's notoriously slow, yet methodical, development strategy may just be a price wildcard factor. I'm not going to pretend I have some sort of sage-level market insights, I could be dead wrong and not know it. Ideally, ADA will gently bottom out around 0.30 and face stiff resistance around the 0.90 level for the next 12 to 18 months. ~~ I'm thinking about two strategies: A) Take the multi-year approach and start DCA'ing into whatever you favor knowing that the next crypto parabolic cycle is years away and -- "Look to the horizon" B) Take the extremely short term approach (1 - 10 days) and take profits/losses when you can -- "Aim small, miss small" Watch ADA, BTC, ETH, SOL, and ALGO closely in the coming months/years. Do not expect general market trends to suddenly reverse course anytime soon. Cash is king. ~~~ This is not financial, legal, or tax advice. You, and you alone, are responsible for any and all profits or losses. I am not your advisor. Good luck.Longby VarmushuPublished 0
Cardano popularity Cardano has been one of the most popular cryptocurrencies this week, having clocked around 100 million social engagements per day this week, as per LunarCrush data. Like Solana, ADA/USD looks on course to end the week about 1.5% higher close to the $0.50 level, around the middle of this week’s $0.43-0.55ish range. Cardano’s failure to get back above its 21DMA (at $0.55) this week suggests that the positive momentum associated with Fear Of Missing Out ahead of the blockchain’s highly anticipated upgrade later this month (called the Vasil hardfork) has run its course. However, for now, support in the form of the recent this week’s and late May lows around $0.43 should shield ADA/USD from a near-term test of its sub-$0.40 annual lows printed at the start of May. Longby Anthony123111Published 3