{"id":12670,"date":"2024-12-09T05:08:40","date_gmt":"2024-12-09T05:08:40","guid":{"rendered":"https:\/\/cryptd.in\/cardano-ada-battles-resistance-a-fresh-surge-in-sight\/"},"modified":"2024-12-09T05:08:40","modified_gmt":"2024-12-09T05:08:40","slug":"cardano-ada-battles-resistance-a-fresh-surge-in-sight","status":"publish","type":"post","link":"https:\/\/cryptd.in\/ja\/cardano-ada-battles-resistance-a-fresh-surge-in-sight\/","title":{"rendered":"Cardano (ADA) Battles Resistance: A Fresh Surge In Sight?"},"content":{"rendered":"<p><em>Cardano price started a downside correction from the $1.325 zone. ADA is consolidating and facing hurdles near the $1.20 and $1.240 levels.<\/em><\/p>\n<ul>\n<li>ADA price started a pullback after it failed to stay above $1.30.<\/li>\n<li>The price is trading below $1.20 and the 100-hourly simple moving average.<\/li>\n<li>There is a key bearish trend line forming with resistance at $1.20 on the hourly chart of the ADA\/USD pair (data source from Kraken).<\/li>\n<li>The pair could start another increase if it clears the $1.240 resistance zone.<\/li>\n<\/ul>\n<h2>Cardano Price Eyes Fresh Increase<\/h2>\n<p>After struggling above $1.30, Cardano started a downside correction. ADA unperformed <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-at-crossroads-100k\/\" target=\"_blank\" rel=\"noopener \">\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3<\/a> \u305d\u3057\u3066 <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-struggles-4k\/\" target=\"_blank\" rel=\"noopener \">\u30a4\u30fc\u30b5\u30ea\u30a2\u30e0<\/a> with a drop below the $1.20 level. The price even spiked below $1.150 before the bulls appeared.<\/p>\n<p>A low was formed at $1.1173 before the price started a fresh increase. There was a move above the $1.140 and $1.1550 resistance levels. The price surpassed the 50% Fib retracement level of the downward move from the $1.326 swing high to the $1.117 low.<\/p>\n<p>However, the bears are now active near the $1.25 zone. They protected the 61.8% Fib retracement level of the downward move from the $1.326 swing high to the $1.117 low.<\/p>\n<p>Cardano price is now trading below $1.20 and the 100-hourly simple moving average. On the upside, the price might face resistance near the $1.20 zone. There is also a key bearish trend line forming with resistance at $1.20 on the hourly chart of the ADA\/USD pair.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/12\/Cardano-ADA.png\"><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-659218\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/12\/Cardano-ADA.png?resize=1024%2C478\" alt=\"Cardano Price\" width=\"1024\" height=\"478\" loading=\"lazy\" \/><\/a><\/p>\n<p>The first resistance is near $1.2250. The next key resistance might be $1.2450. If there is a close above the $1.2450 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $1.2780 region. Any more gains might call for a move toward $1.320.<\/p>\n<h2>Another Decline in ADA?<\/h2>\n<p>If Cardano\u2019s price fails to climb above the $1.20 resistance level, it could start another decline. Immediate support on the downside is near the $1.150 level.<\/p>\n<p>The next major support is near the $1.120 level. A downside break below the $1.120 level could open the doors for a test of $1.080. The next major support is near the $1.0450 level where the bulls might emerge.<\/p>\n<p>\u30c6\u30af\u30cb\u30ab\u30eb\u6307\u6a19<\/p>\n<p>Hourly MACD \u2013 The MACD for ADA\/USD is gaining momentum in the bearish zone.<\/p>\n<p>Hourly RSI (Relative Strength Index) \u2013 The RSI for ADA\/USD is now below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $1.120 and $1.080.<\/p>\n<p>Major Resistance Levels \u2013 $1.20 and $1.2450.<\/p>","protected":false},"excerpt":{"rendered":"<p>Cardano price started a downside correction from the $1.325 zone. ADA is consolidating and facing hurdles near the $1.20 and $1.240 levels. ADA price started a pullback after it failed to stay above $1.30. The price is trading below $1.20 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $1.20 on the hourly chart of the ADA\/USD pair (data source from Kraken). The pair could start another increase if it clears the $1.240 resistance zone. Cardano Price Eyes Fresh Increase After struggling above $1.30, Cardano started a downside correction. ADA unperformed Bitcoin and Ethereum with a drop below the $1.20 level. The [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":12672,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12670","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cardano (ADA) Battles Resistance: A Fresh Surge In Sight? - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/ja\/cardano-ada-battles-resistance-a-fresh-surge-in-sight\/\" \/>\n<meta property=\"og:locale\" content=\"ja_JP\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cardano (ADA) Battles Resistance: A Fresh Surge In Sight? - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Cardano price started a downside correction from the $1.325 zone. ADA is consolidating and facing hurdles near the $1.20 and $1.240 levels. ADA price started a pullback after it failed to stay above $1.30. The price is trading below $1.20 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $1.20 on the hourly chart of the ADA\/USD pair (data source from Kraken). The pair could start another increase if it clears the $1.240 resistance zone. Cardano Price Eyes Fresh Increase After struggling above $1.30, Cardano started a downside correction. ADA unperformed Bitcoin and Ethereum with a drop below the $1.20 level. 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- cryptd.in","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptd.in\/ja\/cardano-ada-battles-resistance-a-fresh-surge-in-sight\/","og_locale":"ja_JP","og_type":"article","og_title":"Cardano (ADA) Battles Resistance: A Fresh Surge In Sight? - cryptd.in","og_description":"Cardano price started a downside correction from the $1.325 zone. ADA is consolidating and facing hurdles near the $1.20 and $1.240 levels. ADA price started a pullback after it failed to stay above $1.30. The price is trading below $1.20 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $1.20 on the hourly chart of the ADA\/USD pair (data source from Kraken). The pair could start another increase if it clears the $1.240 resistance zone. Cardano Price Eyes Fresh Increase After struggling above $1.30, Cardano started a downside correction. ADA unperformed Bitcoin and Ethereum with a drop below the $1.20 level. 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