cryptd.in

Εναλλακτική LinkedIn για τα ταλέντα που είναι φιλικά προς την κρυπτογράφηση

Cardano (ADA) Faces Selling Pressure – Is This the Start of a Trend?

-

από

cryptd.in
στο

Cardano price started a fresh decline below the $0.850 zone. ADA is now consolidating and might extend losses below the $0.80 support.

  • ADA price started a fresh decline below the $0.850 support zone.
  • The price is trading below $0.8320 and the 100-hourly simple moving average.
  • There is a key bearish trend line forming with resistance at $0.820 on the hourly chart of the ADA/USD pair (data source from Kraken).
  • The pair could start a fresh increase if it clears the $0.820 resistance zone.

Cardano Price Dips Further

After a steady increase, Cardano faced sellers near $0.880 and started a downside correction, like Bitcoin και Ethereum. ADA dipped below the $0.850 and $0.8320 support levels.

The bears even pushed the price below $0.820. A low was formed at $0.8003 and the price is now consolidating losses. There was a minor increase toward the 23.6% Fib retracement level of the recent decline from the $0.8376 swing high to the $0.8003 low.

Cardano price is now trading below $0.820 and the 100-hourly simple moving average. There is also a key bearish trend line forming with resistance at $0.820 on the hourly chart of the ADA/USD pair.

On the upside, the price might face resistance near the $0.820 zone. The first resistance is near $0.8280 or the 76.4% Fib retracement level of the recent decline from the $0.8376 swing high to the $0.8003 low. The next key resistance might be $0.840.

Cardano Price

If there is a close above the $0.840 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.8620 region. Any more gains might call for a move toward $0.880 in the near term.

Another Decline In ADA?

If Cardano’s price fails to climb above the $0.840 resistance level, it could start another decline. Immediate support on the downside is near the $0.80 level.

The next major support is near the $0.780 level. A downside break below the $0.780 level could open the doors for a test of $0.7620. The next major support is near the $0.750 level where the bulls might emerge.

Τεχνικοί δείκτες

Hourly MACD – The MACD for ADA/USD is gaining momentum in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for ADA/USD is now below the 50 level.

Major Support Levels – $0.8000 and $0.7800.

Major Resistance Levels – $0.8200 and $0.8400.

Σχόλια

Αφήστε μια απάντηση

Η ηλ. διεύθυνση σας δεν δημοσιεύεται. Τα υποχρεωτικά πεδία σημειώνονται με *

Τελευταίες τροφοδοσίες

Δημοφιλείς κατηγορίες

el Ελληνικά
el Ελληνικά en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Αναζήτηση στον ιστότοπο

Δημοφιλείς ιστορίες

Ετικέτες

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (458) #BitcoinETF (3) #BitcoinΒασικά στοιχεία (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Δοκιμές (1) #BTCαπόκτηση (1) #BullishPrediction (1) #BullishSentiment (1) #ChineseMining (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinΌγκος (1) #DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (74) #EthereumPain (1) #EthereumPrice (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) 1TP5FinancialImpact (1) #FinancialPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) 1TP5Investment (1) #InvestmentLoss (1) #JapaneseFirm (1) #LegalAction (1) #LegalImpact (1) #Νομοθεσία (1) #LightningNetwork (1) #MΑνάλυση αγοράς (3) #MΠαρακολούθηση της αγοράς (1) #MΠρόβλεψη αγοράς (1) #MΠροβλέψεις για την αγορά (1) #MarketProjection (1) #MarketSupport (1) #Mμεταβλητότητα της αγοράς (1) #MΓάμος (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitability (1) #MoneyLaundering (2) #MtGox (4) #NorthKoreaCrypto (1) #NovogratzΠρόβλεψη (1) #PriceMilestone (1) #PricePrediction (2) #PriceQuestion (1) #PriceSurge (1) #PrisonSentence (1) #QuantAnalysis (1) #RegulatoryPressure (1) #SECAntiCrypto (1) #ShibaInu (6) #SocialBuzz (1) #Tτεχνικήανάλυση (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRΤιμή (1) #XRPupswing (1)

Χρήσιμοι σύνδεσμοι

Σύνδεσμοι που βρήκα χρήσιμους και ήθελα να μοιραστώ.