ADA Price (Cardano) Breaking This Confluence Resistance Could Restart Rally
Cardano (ADA) is moving higher from the $0.350 support. ADA could rally if there is a clear move above the $0.388 and $0.395 resistance levels. ADA price is moving higher above the $0.375 pivot level. The price is trading above $0.380 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.370 on the 4-hour chart of the ADA/USD pair (data source from Kraken). The pair could accelerate higher toward the $0.420 level or even $0.450. Cardano Price Rally Could Soon Restart After a steady increase, Cardano saw a downside correction from the....
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ADA’s price shows strength as price bounces from a downtrend with strong volume as price eyes a rally to $0.5. ADA faces rejection to trend higher above $0.4 as the price faced a sharp rejection below key resistance. The price of ADA continues to hold strong below the 50 Exponential Moving Average (EMA) as the price aims to rally past key areas. The price of Cardano (ADA) has continued to hold strong as price trends toward the region of $0.4, facing rejection to trend higher to a region of $0.5. The crypto market has looked more decent this week, with Bitcoin (BTC) and Ethereum (ETH)....
Ethereum is still above the $4,250 support against the US Dollar. ETH price could stage a strong rally if it clears the $4,450 resistance zone in the near term. Ethereum is stable and supported above the $4,200 and $4,250 levels. The price is now trading above $4,300 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $4,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh rally if it clears the key $4,450 resistance zone. Ethereum Price Remains Supported Ethereum consolidated in a range above $4,100 and....
Ethereum price managed to gain a few points, but struggled to break 100 SMA. Can the bulls manage to break it and take ETH/USD higher? Ethereum price ETH showed a few positive signs during the past couple of sessions, but ETH bulls faced a tough time to break a confluence resistance area near $11.00-10. There is a bearish trend line formed on the hourly chart (data feed via Kraken), which is positioned with the 100 hourly simple moving average to form a confluence area. ETH/USD attempted on a couple of times to break the highlighted confluence resistance area, but failed to break the same.....
Bitcoin price is retreating from its climb but this might offer bulls an opportunity to restart the rally at better prices. Bitcoin Price Key Highlights. Bitcoin price broke down from the earlier short-term consolidation as predicted in an earlier article. Price is now approaching a longer-term area of interest and potential support visible on the 4-hour chart. There’s a confluence of inflection points all around the $620 level, which might keep losses in check. Technical Indicators Signals. Bitcoin price is trading above a rising trend line visible on its 4-hour time frame, and this....
Cardano’s price gained over 25% this week and it broke the key $1.200 resistance zone. ADA is likely to continue higher above the $1.300 and $1.400 resistance levels. ADA is showing a lot of positive signs above the $1.200 pivot level against the US dollar. The price is trading nicely above $1.2000 and the 100 […]