adaWe've reached this point
Now, if it can maintain the blue zone in the first step, there is a possibility of breaking this first line and in the meantime it will probably touch the numbers above
Depending on the market conditions
ADAUSDT
Cardano Could See $1.5 Price Target: More Gains AheadHello and greetings to all the crypto enthusiasts, ✌
I aim to provide you with a comprehensive overview of the future price potential for Cardano , 📚💡
Cardano, once in the spotlight during its peak, has built a strong, engaged community on social media, attracting interest from major players like institutional investors and influencers. From a technical perspective, I remain optimistic about its future, expecting a potential upside of at least 41%. 📚✨
With strong momentum and an active following, Cardano seems poised to outperform in the near to medium term. It's also likely that the price will test support before making its next upward move. Given the current market trends, this presents a good opportunity for further gains. 📚🎇
🧨 Our team's main opinion is: 🧨
Cardano, with its strong community and momentum, looks set for a 41% upside, likely testing support before its next move, offering a solid opportunity for gains.
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
Be careful with ADAUSDT !!!As I mentioned, the price finally managed to break the bullish wedge and reach the targets I mentioned. Now, technically, since the price has reached the important 0.618 line, it might correct slightly and then break this line with strength to reach higher targets.
PREVIOUS ANALYSIS
Give me some energy !!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ADA - Time to buy again!Possibly due to Bitcoin's price rising above $100,000 and an increase in money injection into Bitcoin, the price may correct slightly in a few days, drop to the support line, and then rise to $1.25 .
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ADA - USDT 4th of January 2025....Trade closed in profit already
NEW YEAR started a very nice , trade is closed in the nice profit ( leverage *10) & hopefully you are all in profit already as well...if not...blame your self only, cos I told ya ! ;)
PS: printer friendly "KISS" version
Significance of the 100-Day SMA for CardanoCardano (ADA) has recently demonstrated a strong bullish trend, surging past its 100-day Simple Moving Average (SMA) and fueling optimism among investors. This move signals a potential shift in momentum, with bulls now setting their sights on the $1.26 price target. This article delves into the significance of this breakout, the factors driving Cardano's resurgence, and the potential challenges that lie ahead.
Understanding the Significance of the 100-Day SMA
The 100-day SMA is a widely used technical indicator in financial markets, representing the average price of an asset over the past 100 days. It serves as a crucial trend indicator, helping traders and investors identify the overall direction of an asset's price movement.
When an asset's price crosses above its 100-day SMA, it is often seen as a bullish signal, suggesting that the asset is gaining positive momentum and may continue to rise in value. Conversely, a drop below the 100-day SMA is typically considered a bearish signal.
Cardano's recent breach of this key indicator is, therefore, a significant development, indicating a potential shift from a bearish or sideways trend to a more bullish outlook.
Factors Driving Cardano's Resurgence
Several factors appear to be contributing to Cardano's recent price surge:
1. Increased Network Activity: Cardano has seen a significant increase in network activity in recent months, with a growing number of projects building on its blockchain and a rise in transaction volume. This increased adoption and usage is a positive sign for the long-term health of the Cardano ecosystem.
2. Positive Developments and Upgrades: The Cardano development team has been actively working on improving the network, with several successful upgrades and developments implemented recently. These improvements enhance the network's scalability, security, and functionality, making it more attractive to developers and users.
3. Growing Institutional Interest: Cardano has also been attracting growing interest from institutional investors, with several major players expressing support for the project. This institutional backing provides further validation for Cardano's potential and can contribute to increased investment and adoption.
4. Overall Market Sentiment: The broader cryptocurrency market has also been experiencing a period of positive momentum, with Bitcoin and other major cryptocurrencies showing strong gains. This positive market sentiment can spill over on altcoins like Cardano, contributing to their price appreciation.
Potential Challenges and Resistance Levels
While the recent breakout above the 100-day SMA is a positive sign for Cardano, it is important to acknowledge that challenges and resistance levels may still lie ahead.
The $1.26 price target represents a key resistance level, and Cardano may face some resistance at this point. If the bulls can successfully push through this level, it could pave the way for further gains.
Additionally, the cryptocurrency market is known for its volatility, and sudden price swings are always possible. Investors must remain cautious and not get carried away by short-term price movements.
Conclusion
Cardano's recent rally above its 100-day SMA is a significant development, signaling a potential shift in momentum and fueling bullish optimism. The factors driving this resurgence include increased network activity, positive developments and upgrades, growing institutional interest, and overall market sentiment.
While challenges and resistance levels may still exist, the current trend suggests that Cardano is well-positioned for further growth. Investors and enthusiasts will be closely watching to see if the bulls can maintain this momentum and push Cardano towards the $1.26 target and beyond.
Cardano most passive scenario when Crypto/BTC pops Here a lidle Fib/Waveanalysis of Cardano aka ADA.
Just dont forget to mention that this is the most passive wave target with the assumption that we in thie case allready bottomed in WAVE2 Correction, waiting for impulsive start into Wave 3.
Wave 3 to 5 are more or less assumptions that only work out when my theory of done wave 1 and 2 has been done allready and validated by a impulsive wave 3.
Facts that we can mention is, that after last bullrun WAVE1 is perfectly arrived in Fib range 88.6 to 78.6 thats a detail that makes me really safe about that whole structure i drawed in that chart.
At the end i will update Target when we drag a bit from actual price to 0.23$ and my thesis still would be valid.
!!! If we go lower then the 0.23$ then my thesis would be invalidate and we are still in correction of the last bullrun. !!!
Target of Wafe 5 is when everything runs minmimalistic with elliotwave targets is around 1.19$
Stay tuned folks
Cardano ADA Continues Outperform The Market In JanuaryHello, Skyrexians!
In our recent analysis on BINANCE:ADAUSDT we predicted the price growth above $1.20 when the price was $0.37. When price reached the $1.30 we told you that it's time for retracement to $0.8. Cardano reached exactly this target and has already bounced. You can find all this predictions in this article . Now it's much more important to understand what is the next move.
Let's take a look at the daily time frame. After reaching the local top price has printed red dot on Bullish/Bearish Reversal Bar Indicator and dumped -40%. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView .
Dump has been stopped inside the Fibonacci 0.5 zone with the green dot on this indicator. This is the strong sign that corrective wave 2 has been finished. The next target is 1.61-2.61 Fibonacci extensions. We suppose that price can reach $2.5-$3.5 in January-February 2025.
Best regards,
Skyrexio Team
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ADA Technical Analysis: Strong Uptrend with Key Signals## 📊 Comprehensive Technical Analysis of the Market
### 1️⃣ Overall Market Trend
- **ADX (Average Directional Index):** The current ADX value is 34.68, indicating a moderate to strong trend. With +DI (38.09) significantly higher than -DI (13.90), the market is currently assessed as bullish.
🔍 **Impact on Decision-Making:** The dominance of buyers suggests that the bullish trend may continue unless signs of reversal emerge. Traders can anticipate further upward momentum.
---
### 2️⃣ Overbought and Oversold Conditions
- **RSI (Relative Strength Index):** The current RSI is 69.71, close to the overbought zone (70+).
- **Stochastic Oscillator:** %K is at 82.00, and %D is at 87.64, indicating the market has entered the overbought zone.
🔍 **Impact on the Market:** Being in the overbought territory suggests a higher likelihood of short-term corrections or price pullbacks. Traders should avoid opening new long positions and prepare to reduce or exit positions if price patterns indicate a reversal.
---
### 3️⃣ Moving Averages Analysis (EMA and SMA)
- **Short- and Long-Term Moving Averages:** All moving averages (EMA and SMA) across 10, 20, 50, and even 200-day periods indicate bullish signals.
- Example: EMA10 at 0.94 is above SMA10 at 0.95, and the current price of 0.9594 is above all averages.
🔍 **Impact on Trend:** This alignment confirms the continuation of the bullish trend, making it an opportune time to enter long positions, provided stop losses are set.
---
### 4️⃣ Key Indicators Analysis
- **MACD (Moving Average Convergence Divergence):** The MACD value of 0.0258 is above its signal line at 0.0209, issuing a weak buy signal.
- **Momentum Indicator:** Momentum is at 0.04, reflecting a slight upward trend.
- **CCI (Commodity Channel Index):** CCI20 is at 83.12, nearing overbought conditions.
🔍 **Conclusion:** Indicators generally favor bullish momentum, but caution is advised due to potential corrections.
---
### 5️⃣ Key Support and Resistance Levels
- **Support Levels:**
- Support 1: 0.8229 (Classic S1).
- Support 2: 0.7868 (Fibonacci S3).
- **Resistance Levels:**
- Resistance 1: 0.9229 (Classic R1).
- Resistance 2: 0.9868 (Fibonacci R3).
🔍 **Significance:** Support levels can be used as potential entry points, while resistance levels can serve as targets for taking profits or exiting positions.
---
### ✅ Summary and Actionable Insights
🔹 **Recommendation:** The overall signal is bullish, but given the overbought conditions (RSI and Stochastic) and proximity to resistance levels, traders should exercise caution. Risk management is crucial, with stop-losses set near support levels.
🔹 **Reasoning:** Momentum and MACD confirm the bullish trend, supported by strong moving averages.
⚠️ **Disclaimer:** This analysis is fully automated and generated by AI. Please use your own expertise and ensure proper risk management before making any decisions.
ADA - Time to buy again!After breaking the descending wedge, the price fell to the support line. As you can see, the price has now formed an ascending wedge, which is promising. The price could rise to
$1 or more than after breaking this wedge, but considering the Christmas holidays, this might take a bit longer.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Hoping for a Dip, but Also Some Thrills: Shorting $ADA!CRYPTOCAP:ADA Short Setup:
Wanted some extra adrenaline in my life, so I’m shorting CRYPTOCAP:ADA here.
Simple setup: First time testing the monthly block. If this week closes below $1.18, it will add confluence.
Aiming for sub-80c. BINANCE:ADAUSDT
ADA - 4h - Accumulation RangeADA - 4h - Accumulation Range
REMEMBER that a lot of investors sell stocks or crypto for fiscal conditions in 2024 to close the year.
For that, we have low buy liquidity , and even with that pressure on the price , ADA is trying to remaning in the same range as 1 week ago, so a breakout can restart a new HH , so patience.
Im bullish on it if the 1usd resistance its broken and became a support.
adaIf we were to consider a 50% return move for it, it could go all the way to the green box, but the two blue lines are important and after that I'll think about the green dots.
ADA/USD on high timeframe
"Regarding ADA, as anticipated in the previous analysis, the price broke through the $0.75 zone and experienced a sharp rejection. I foresee the price reaching a new higher high at $1.50. However, if the price closes below $0.70 on the high timeframe, this analysis may prove to be incorrect.
Diving into ADA: Profits, Sharks, and Technical Targets!Hello community,
The ADA coin has gone through various phases. Initially, whales accumulated below 0.4 USDT for an extended period 🐋. However, after the price surged by 250%, a correction became expected as investors sought to capitalize on their profits 💰. Notably, the key level between USDT is significant due to the presence of sharks 🦈, who are intermediate-term investors. Their strategies rely on real volume profiles , which are not commonly discussed on media platforms like YouTube or Instagram, as they necessitate data analytics and volume studies 📈. The technical price objectives are depicted in the chart 📊.
The first objective stands around 1.14 USDT, reflecting a 150% profit for sharks🦈
The second objective is at 1.6 USDT, indicating a 600% profit for whales 🐳
However, it's crucial to note that these objectives are based on technical analysis and may change depending on market conditions 📉📈.
🚨 Attention Traders: Beware of Imitations!
It's come to my notice that many are adopting my ideas and even discussing them on their channels. But here's the deal: stick with me for the real deal, no services for sale! Boost to encourage more unique insights and ideas to flow. Together, we can navigate the markets with authenticity and success! 💡💪
Happy trading !
ADA Analysis: Key Levels and Trend Outlook 2024.12.28Hello, this is Greedy All-Day.
Today’s analysis focuses on ADA (Cardano).
Weekly Chart Analysis
Looking at the weekly chart, ADA is currently within the green box frame.
However, unlike the past, where the price oscillated within a box range with alternating bullish and bearish candles, the current zone has seen three consecutive bearish weeks, signaling persistent selling pressure.
Key Support Zone: Red Box
The red box represents the resistance level from 2022 before the breakout. It is now acting as a support zone under test.
If the support holds: ADA may follow a similar range-bound movement as seen in the green box on the left.
If the support fails: ADA is likely to drop further into the yellow box zone.
Breakdown Scenario:
If the yellow box support also fails, ADA may enter the blue box frame, with the potential to decline to as low as 0.216.
Daily Chart Analysis
The daily chart reveals several bearish patterns:
Head & Shoulders (H&S) pattern is complete.
Descending Triangle pattern is also complete.
Key Observation:
ADA is currently holding the 0.87 support level.
However, if the price breaks below the Ichimoku Cloud on the daily chart, the bearish patterns suggest a significant loss of buying momentum and a potential shift to selling pressure.
Target:
If the bearish scenario unfolds, the expected sell-off could lead to a 51% decline, with the price first testing the yellow box zone.
Additional downside potential will depend on whether support emerges in the yellow box zone.
4-Hour Chart Analysis
The 4-hour chart confirms that ADA has broken its short-term trendline, indicating a definitive shift in momentum.
Buying pressure appears to have dissipated, suggesting that the bullish trend is effectively over for now.
Upside Potential:
For ADA to regain bullish momentum, it would need to climb back above $1.00.
Until that happens, the market should be approached with a sell-oriented perspective.
Conclusion
ADA is currently in a bearish trend, with critical support levels being tested.
If 0.87 support holds, a temporary range-bound movement may occur.
If it breaks, ADA could fall to the yellow box zone or even enter the blue box frame, with a potential low of 0.216.
For now, a sell perspective is more appropriate, with cautious monitoring of the $1.00 level for potential signs of recovery.
Trade wisely, and best of luck! 🚀
ADA to the OB 0.7382Placing 0.7382 as the TP of the SHORTS. SL of 0.94 RR 1:3 overall stances show that cardano looks half to join the OB
Be careful with ADAUSDT !!!After breaking the descending wedge, the price fell to the support line. As you can see, the price has now formed an ascending wedge, which is promising. The price could rise to $1.07 after breaking this wedge, but considering the Christmas holidays, this might take a bit longer.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ADA/USD "Cardano vs USD" Crypto Market Heist Plan on Bearish🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the ADA/USD "Cardano vs USD" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📉 : New Entry Traders / Robbers should enter a short trade after the breakout of Blue Moving Average Level,
however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest.
Stop Loss 🛑: Using the 3H period, the recent / nearest high level.
Goal 🎯: 0.6500
Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
TradeCityPro | Cardano : On the Way to a New ATH👋 Welcome to TradeCityPro!
In this analysis, I will review the ADA coin for you. The Cardano project is one of the major projects in the crypto space and has been among the top 10 coins by market cap for a long time.
📅 Weekly Timeframe: Moving Towards ATH
In recent weeks, ADA has shown a strong upward trend, forming significant lows that serve as support levels for the price.
📈 Currently, the price is struggling with the resistance level at 1.2046, and if this level is broken, the next major resistance will be the ATH.
🧩 The RSI oscillator entered the overbought zone during the price pump, reaching 82.87, and is now in a corrective phase, moving below the overbought level.
📊 The buying volume in recent candles has been substantial, supporting the trend and showing convergence.
🔽 In case of a correction, the first support level is at 0.7683, which the price has already reacted to once. If a deeper correction occurs, the last support for this bullish leg is at 0.4322.
✅ The primary support levels are 0.3166 and 0.2427, which are critical and unlikely to be easily lost.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
ADA. Spot Entry Alert: Perfect Fibonacci Reversal! 12/24/24BINANCE:ADAUSDT
The market experienced a pullback, with the price returning to the lower boundary of the range. After breaking its support, it moved to a high-volume level, where strong buyers were present. Additionally, a proper Fibonacci correction was achieved, which might signal a potential reversal and an attractive spot entry point.
The $0.9388–$0.9088 range appears appealing for purchases, with targets at $1.2350–$1.3264.
DYOR.
ADA/USDT Trading Scenario UpdateThe asset has shown a strong upward trend, rising from $0.3190 to $1.3264, indicating increased market interest. This growth was accompanied by higher trading volumes, which confirms its strength. Currently, ADA is in a correction phase, which has already retraced over 40% from its peak.
The key POC (Point of Control) level of the current local uptrend cycle is at $0.5979. This volume-based level could serve as support and potentially mark the beginning of a reversal. For investors, this represents a good entry point to purchase the asset at a more favorable price before a potential altseason.
It’s important to monitor the price action near this level, as its reaction could determine the further direction of movement.
