Cardano Rebounds With 12% As Price Nears Resistance, Is $0.5 Possible?
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)....
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Despite a largely volatile session, there have been a few tokens which managed to evade the red wave. Cardano rose to its highest level in over a week to start the weekend, as prices moved toward a key resistance level. Filecoin was another notable gainer, climbing by over 12% on Saturday Cardano (ADA) Cardano (ADA) was back in the green on Saturday, as the token rallied following recent declines in price. Following a low of $0.4499 on Friday, ADA/USD surged to an intraday high of $0.4769 to start the weekend. The move sees cardano move closer to its long-term resistance level of $0.4800,....
Cardano closed in on a one-week high to start the week, as the token climbed for a fourth straight session. Polygon was also in the green, and collided with a key resistance level in the process. Overall, the global crypto market cap is currently 1.30% higher as of writing this analysis.
Cardano (ADA)
Cardano (ADA) climbed for a fourth straight day to start the week, pushing it closer to a one-week high in the process.
Less than 24 hours after falling to a low of $0.3498, the token surged to an intraday high of $0.3646 earlier today.
The move saw ADA/USD....
Cardano has begun another rally that has positioned it comfortably above $2. This recent change comes after the digital asset had taken a beating down over the past few weeks that has placed it in a continuous downtrend. Cardano was not isolated in this as the broader crypto market had seen numerous crashes and dips that dragged their value down. But as the trading day draws open on Friday, the crypto market has made significant recoveries that have pushed the market back into the green. In the early hours of Friday, ADA price climbed about 8% to once again break the $2.2 resistance. The....
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 […]
Cardano price has brought the bulls back to its chart. In the last 24 hours, ADA has appreciated over 7%. This price movement could be termed a rally. ADA had made no progress in the last week. However, it has soared up considerably over the past 24 hours. Technical indicators have sided with the bulls as demand for the altcoin rose. If the current price momentum continues over the next trading sessions, ADA could expect the bulls to regain better control over the market. The demand for the altcoin showed considerable appreciation, which has led to an increase in the number of buyers on....