ADA strong price position and green directionADA is one of the most stable priced cryptocurrencies from the top cmc, very strongly defending the price level and waiting for the next wave of growth
CARDANOADA
Cardano (ADA) Update 26/10/21: $4.40 Target🎯Potential 104% GainCardano (ADA) Update 15/10/21: $4. 40 Target 🎯Potential 104% Gain. From the previous HL (May Crash to July Bottom), since hitting a new ATH @ $3.09 on the 2nd September, Cardano has been consolidating around the 78.60% Fibonacci level in the range between $2.04 & $2.35. From the current price action and looking at the momentum oscillators, ADA is in an oversold market condition and we can expect bullish sentiment back in the market. From the current price we expect ADA to push above the 61.80% with a clean break above this level as ADA has failed several times now to flip this critical level into strong support for the next push phase towards $2.60 at the 78.60% fibonacci level. For the next impulsive move, it is important for ADA to establish the 61.80% and 78.60% fibs as levels of strong support.
Our current targets for Cardano (ADA) from the current price level @ $2.18.
127.20% fibs @ $3.67 (67% Gain)
161.80% fibs @ $4. 40 (101% Gain)
261.80% fibs @ $6.51 (197% Gain)
EOY/Q4 Target at the full fib extension 423.60% @ $9.92 (356% Gain from the current price level @ $2.18).
Use Buy Zone to map out your entry. Please see previous analysis below. Happy Trading :)
Cardano Update 22/08/21: $2.45 Target Hit 🎯10% Gain to $2.85 at the 127.20% fibonacci level. Expect a small pull back from the 127.20%, the next target from here is $3.35 at the 161.80% fibonacci level. From the current price level it is a 29% gain to a new ATH at $3.35. Please see previous analysis below. Happy Trading :)
Cardano Update 13/08/21: Next Stop $2.45 20% Gain. Cardano has gone parabolic since the 13 EMA crossed up above the 50 SMA on the 5th August, gaining 53% in the past 8 days from $1.33 to $2.04 showing great strength and momentum for ADA as it looks ready to retest the ATH which is 20% gain from the current price level. The next price target after the ATH is at the 127.20% Fibinacci level @ $2.85 which is a 38% gain from the current price @ $2.04 and at the 161.80% Fibonacci level @ $3.35 (63% Gain from current price). See previous analysis below. Happy Trading :)
Cardano hit our 33% Gain price target on 26/02/21, going beyond this target and surpassing to a new ATH , currently we still above the previous target and although retracing shortly after the new ATH $1.48 ADA is still currently 33% above last weeks close as we enter the new month. We are still bullish setting our EOY Target for ADA at $9.
Looking on the other side, a reversal from this price level is merely impossible and would mean the current price sinking down -127.2% but a possible touch at the 100% Fib retracement could be in play but I believe the bulls are very much still in control.
Key Buy Zone highlighted between 23.6% and 50% Fib retracement levels (Buy Zone 1). Use the buy zone to map out your entry for buys. Mid term Price target at 127.20% Fibs $1.66 and the Fib extension level of 161.80% @ $1.88. These price targets are all in play for the coming month with a possible gain between 55% to 75% from Buy Zone 1 at the 38.20% Fib retracement level of $1.08.
Overall very bullish outlook on ADAD with a long-term price target of $9 EOY.
A further retracement to Buy Zone 1 is expected looking at the 13 EMA as this could possibly touch price levels just above the 50 SMA before we continue on this bullish impulsive uptrend as further profit taking is expected at these current levels. Note the bulls are still in the market with such strong fundamentals and positive news expected around the ADA hard fork on 01 /03/21 with the development of Mary and note possible Ethereum killer. Happy Sunday Traders lets have another great month ahead of us!! #Cardano #Ada
CARDANO ready?The next move is going to be violent. It has been in accumulation mode for the last 2 months. There is a confluence of resistance above the current level, Hence price suppression. BB are very narrow, which means volatility was very low, and the price is susceptible, which means high volatility is expected in the next directional breakout. It is one of the best entries, in my opinion, in the market right now. The Stop loss is at 1.71 (conservative), 1.8 aggressive. First target 6.7, second target 12.05, last target 20.06.
Another way to play it super safe is to just wait for the breakout above 2.42 before entering.
Cardano (Breakout)Cardano is making measured moves up, with the next move expected to hit the price target of: $3.60 by January 30th 2022. The relative strength index in trending down overall.
Taking a copied bars pattern from: February 09th, 2021 to July 19th, 2021-purple bars (similar R.S.I patterns). Ada could reach the expected price target with a 68% increase from the current price, 94% increase if purchased at the low (around October 27th 2021 to November 3rd 2021).
Cardano could see a condensed and fast rise-seen here as the yellow bars (with the price target reached sometime at the end of November early December).
A general breakout following the green rounding bottom is expected.
Cardano can be cheaper (Short Term)You can buy ADA cheaper
With high possibility the triangle will break from bottom, this is my scenario.
ADABTC Situation: on support
ADA in sedationADA is currently very calm in the market and shows that BTC does not have much influence on ADA. We will see if the trend continues or changes this will allow a better assessment of the potential future
Cardano Update 15/10/21: $4.40 Target 🎯Potential 104% GainCardano (ADA) Update 15/10/21: $4.40 Target 🎯Potential 104% Gain. From the previous HL (May Crash to July Bottom), since hitting a new ATH @ $3.09 on the 2nd September, Cardano has been consolidating around the 78.60% Fibonacci level in the range between $2.04 & $2.35. From the current price action and looking at the momentum oscillators, ADA is in an oversold market condition and we can expect bullish sentiment back in the market. From the current price we expect ADA to push above the 61.80% with a clean break above this level as ADA has failed several times now to flip this critical level into strong support for the next push phase towards $2.60 at the 78.60% fibonacci level. For the next impulsive move, it is important for ADA to establish the 61.80% and 78.60% fibs as levels of strong support.
Our current targets for Cardano (ADA) from the current price level @ $2.16.
127.20% fibs @ $3.67 (69% Gain)
161.80% fibs @ $4.40 (104% Gain)
261.80% fibs @ $6.51 (201% Gain)
EOY/Q4 Target at the full fib extention 423.60% @ $9.92 (360% Gain from the current price level @ $2.16).
Use Buy Zone to map out your entry. Please see previous analysis below. Happy Trading :)
Cardano Update 22/08/21: $2.45 Target Hit 🎯10% Gain to $2.85 at the 127.20% fibonacci level. Expect a small pull back from the 127.20%, the next target from here is $3.35 at the 161.80% fibonacci level. From the current price level it is a 29% gain to a new ATH at $3.35. Please see previous analysis below. Happy Trading :)
Cardano Update 13/08/21: Next Stop $2.45 20% Gain. Cardano has gone parabolic since the 13 EMA crossed up above the 50 SMA on the 5th August, gaining 53% in the past 8 days from $1.33 to $2.04 showing great strength and momentum for ADA as it looks ready to retest the ATH which is 20% gain from the current price level. The next price target after the ATH is at the 127.20% Fibinacci level @ $2.85 which is a 38% gain from the current price @ $2.04 and at the 161.80% Fibonacci level @ $3.35 (63% Gain from current price). See previous analysis below. Happy Trading :)
Cardano hit our 33% Gain price target on 26/02/21, going beyond this target and surpassing to a new ATH , currently we still above the previous target and although retracing shortly after the new ATH $1.48 ADA is still currently 33% above last weeks close as we enter the new month. We are still bullish setting our EOY Target for ADA at $9.
Looking on the other side, a reversal from this price level is merely impossible and would mean the current price sinking down -127.2% but a possible touch at the 100% Fib retracement could be in play but I believe the bulls are very much still in control.
Key Buy Zone highlighted between 23.6% and 50% Fib retracement levels (Buy Zone 1). Use the buy zone to map out your entry for buys. Mid term Price target at 127.20% Fibs $1.66 and the Fib extension level of 161.80% @ $1.88. These price targets are all in play for the coming month with a possible gain between 55% to 75% from Buy Zone 1 at the 38.20% Fib retracement level of $1.08.
Overall very bullish outlook on ADAD with a long-term price target of $9 EOY.
A further retracement to Buy Zone 1 is expected looking at the 13 EMA as this could possibly touch price levels just above the 50 SMA before we continue on this bullish impulsive uptrend as further profit taking is expected at these current levels. Note the bulls are still in the market with such strong fundamentals and positive news expected around the ADA hard fork on 01 /03/21 with the development of Mary and note possible Ethereum killer. Happy Sunday Traders lets have another great month ahead of us!! #Cardano #Ada
ADA coin, is ready for 100% pump...After a correction, we look for a big jump from 2.00 $.
It's not a out of mind imagine of 5$ ...
Just sit and look at the monitor...
ADA Downward trendADA is currently in a downward trend and I think this is a temporary process as further increases are only a matter of time
Cardano(Ada) to the moonAccording to the data of the past, we could have this movement in the next few weeks.
ADA- quiet with high potentialADA is a cryptocurrency for the patient, the price, looking at other cryptocurrencies, is quite quiet, but ADA is a great project for years
Cardano solid uptrend signals My previous analysis results in a long-term increase in Cardano in the next few months, in which my new analysis indicates strong short-term movement shift which values Cardano to a highly developed deposit. My intentions on Cardano continue to rise and I hope for the best!
Cardano upward adjustments.My analysis highlights a longer upward ( bullish ) stage or strength of Cardano , which will regain the height of 2.74-3.14, and create a new height of 3. 40 .
I look forward to a longer upward period that we will record over the next following months. Happy Trading!
Time to bounce, Cardano is going to see 3$ soon!After 1 month of down trend ADA is going to see ATH and even higher.
Regular Divergence can be seen on 4H chart. Cardano is at weekly channel bottom.
Don't miss it!
Your Likes and Comments are the best Thank you.
Cardano Quick Update!Take a long look at cardano's upcoming affair. My analysis highlights strong gradual increases in Cardano, after which a minimized fall will be repeated for a period of time.
Long stimulus in Cardano.
Krypton has gradually managed to achieve disappointing results, but now the end is near!
Cardano produces strong signals that lead to real circumstances. Cardano tips the lowest 2.00 - 1.9, subsequently larger upward waves will subside.
Crucial for CardanoWeekly market structure (and daily if we zoom out a bit more) is still incredibly bullish for Cardano. Shorter term price action has lead to a couple of lower highs and lower lows. We a reaching a big support zone which coïncides with the 0.5FIB level. Should we hold this level then ADA will have set a higher low and could continue its longer term bullish momentum.
21 & 50 MA crossover, along with the widening of the MACD has got me worried wether or not this trade will play out.
I have set a rather cautious stop loss as my last two trades got stopped out by a few sats only to then reach my targets.
Curious to see how this one unfolds. What are your thoughts on ADA/BTC?
Cardamon long term visionCardano is becoming more and more concentrated upwards, while our focus is on the good news. I mean roughly that my analysis has the functional increase that cardano will follow.
ADA Digs Into Crucial Support, Is The Rally Over?
Cardano loses ground within the confines of a descending parallel channel.
The recovery from $2 support is a daunting task for the bulls, especially with the resistance highlighted by the IOMAP metric.
Cardano continues to bite into the key support at $2 amid a highly challenging recovery journey. In early September, ADA climbed above $3 and traded an all-time high at $3.1. The correction that comes into the picture has not slowed down since, forcing the recently upgraded token to stay closer to the primary support.
At writing, ADA trades at $2.15 while dealing with growing selling pressure at the descending channel’s upper boundary. This pattern has been in place since Cardano retreated from $3.1. If broken, the third-largest cryptocurrency might find new lifeblood for gains toward $2.5 and later $3.
Cardano Price Recovery To $3 In Jeopardy
From a short-term technical perspective, it is clear that buyers are having considerable difficulty sustaining the uptrend. On the downside, the smart contract token is in danger of dropping under the demand zone in green, a move that could trigger massive losses. If support at $2 is lost, panic will grip investors while lower levels like $2 and $1 beckon.
Traders must keep in mind that the Moving Average Convergence Divergence (MACD) has a bearish outlook based on its position below the mean line on the daily chart. A sell signal from early September has been sustained and continues to encourage sellers to increase their positions.
The Relative Strength Index (RSI) adds credence to the ongoing downtrend. Its position below the midline emphasizes the bearish grip on ADA.
Similarly, the channel’s middle boundary is a key support line that must be defended if Cardano wants to close the gap to the supply zone in red. Otherwise, the least resistance path would keep to the south.
Meanwhile, data by IntoTheBlock suggests that sellers have the upper hand. The IOMAP model highlights immense resistance at $2.23 and $2.44. Cracking these zones will not be easy because investors will be trying to break even, thus reducing the effectiveness of the tail force.
On the downside, Cardano is sitting on top of relatively weak support areas, which means with a slight push, the token will start exploring the levels below $2.
Cardano Intraday Levels
Spot rate: $2.15
Trend: Short-bearish bias
Volatility: Low
Support: $2
Resistance: $2.23 and $2.44
Cardano Partnership Announcement#Cardano is increasing on-chain DeFi activity through collaboration with UBX.
They launched their own public stake pool where stakers can now earn rewards on their ADA for helping to secure & operate the Cardano #blockchain.
That's a good sign for $ADA holders.
The price is in a downtrend we might see a bullish reaction in the upcoming days.
A breakout and a retest above the ascending channel trendline will give Cardano's price a nice push-up.
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Best Regards, Reda Souhail™
Strong upward crypto: cardano uptrendCardano is working on a fresh start towards new heights. So far, we have followed a slow upward crypto ($ ADA; USDT), which still manages to keep the progress towards a new high. I have a theory that the crypto's uptrend reaches a roughly estimated estimate of 5.00 in price value before we record a further decline, as before.
