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Cardano will Go Up AgainBINANCE:ADAUSDT The price is at the bottom of the megaphone and at the same time it is in an ascending wedge, and after the wedge is broken, the price can grow well. Also, divergence in MACD makes this signal stronger. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!!
Long
by CobraVanguard
1
ADAUSDT Update: Neutral Market Sentiment Hello there, There is interest in buying ADAUSDT, but the bulls here appear to have a weakness in their ability to buy from the zone of 0.3948-0.3599 due to the low that was supposed to have been broken but did not break at 0.1614. There seems to be a lot of excitement for short-term gains and a loss of interest when examining candle patterns, with a mix of frustration and ambition apparent in the sentiment of the candlestick lows. Nothing appears to be definitive or clear on the news front, and traders seem to be mostly bullish. If the price falls below 57.64RSI, bearishness will ensue, but it won't be strong enough until the RSI falls below its EMA. Overall, the sentiment is neutral, as there are two open areas that can attract price movement; it's best to skip this one. Happy Trading, K.
by Khiwe
1
CARDANO | ADAThe price of ADA is $0.4 today with a 24hour trading volume of 285 million dollar. This represents a 5.7% price increase in the last 24 hours and a 12% price decline since last month Ada managed the breakout at 0.38 and had a huge buy volume and now the crucial EMAs (50, 100, and 200) accumulated between the $0.41 and $0.396 barrier accentuate the high resistance zone which needs to be breached for further recovery. RSI and most indicators shows that bulls are in control Charles Hoskinson, the founder of Cardano, announced that Atala PRISM, the project’s decentralized identity solution, is being open-core adopted by an unannounced large open source foundation. This move aims to accelerate the commercialization of decentralized identifiers and enhance the adoption of secure, private identity management.Atala PRISM is built on the Cardano blockchain, offering a unique approach to identity management where users retain ownership of their identity and have full control over the use and access of their personal data. This decentralized solution ensures that data is shared only through secure, private peer-to-peer communication channels, making it suitable for businesses, governments, and individuals. Atala PRISM offers numerous advantages for various stakeholders. Businesses can quickly onboard new customers, reduce compliance risks and costs, and deliver seamless user experiences. Governments can issue digital identities and enable instant access to public and private services. Individuals gain ownership of their identity and data, controlling how their personal information is used and accessed are you bullish on ADA or you think we talking about a stablecoin !?
Long
by moonypto
ADA price analysisThe price of ADA has been in a downtrend for approximately 110 days. After the breakout from the trend line and rejection from the resistance zone (Green) now the price is retesting the trend line. The chart also marks important support and resistance levels. Support levels, where there's strong buying interest, are at $0.3739 - $0.3600 in Yellow. If the price falls below these levels, it might go even lower. Resistance levels, where there's strong selling pressure, are at $0.4184 - $0.4261 in Green and $0.4907, and the Pink zone at $0.5608 - $0.5728. These levels are crucial because they show where the price struggles to go higher. The trading volume is moderate, which means there's steady activity in the market without big increases or decreases. If ADA price breaks above the Green zone with strong volume, it could mean a change to an upward trend, targeting higher resistance levels like $0.4907 and zones in Pink and Blue. If the trend line fails to hold the price it drops below support one in Yellow at $0.3600 - $0.3739, it could continue going down.
by TheCryptoCity
ADA is bearish in the medium termBefore anything, pay attention to the time frame. The time frame of this analysis is 3 days and the realization of the specified movements will take time. The structure is bearish on the big time frames and these big and powerful bearish moves are needed to get to the SW Hs of the big time frames. We have a demand range, which is actually our POI, and we are looking for medium and long-term purchases in this range. The target can be the supply box for the medium or long term. If ADA reaches this range, we will look for buy/long positions. Closing a daily candle above the invalidation level will violate the analysis. Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
by iMoneyTeam
1
Is ADAUSDT About to Take Off? Don't Miss This Key Opportunity!Yello Paradisers! Are you ready to dive into an exciting opportunity with ADAUSDT? Right now, the market sentiments are leaning bullish, and there’s a high probability that Cardano will take a bullish ride. 💎We've observed that #Cardano has successfully broken above a key resistance level at $0.4078. If it manages to sustain this momentum, there's a high probability of a significant upward move. Previously, #ADA followed a descending resistance line for a long time, and its recent breakout indicates a potential upward trend. 💎With the current bullish sentiment, if the price sustains and the bulls remain in control, we can expect a move targeting levels above the strong resistance zone. 💎However, what if #ADA faces a strong rejection from the internal resistance at $0.4942 and loses momentum? As savvy traders, we should look for a bullish rebound after a proper retest confirmation at the lower support level of $0.3633. 💎During this phase, many inexperienced traders might immediately open short positions and get trapped. If the price breaks below this support and it turns into resistance, it's time to plan short positions as the market could drop significantly. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
ADAUSDT → Change of character, are the bulls coming back? ↑ 0.77BINANCE:ADAUSDT forms a change of market character, and also breaks the resistance of the wedge. Regarding the reversal zone on W1 a false breakout is formed. The coin may move into the realization phase. The token is lagging behind the overall capitalization and market movement, still in the consolidation phase, the boundaries of which are 0.2392 (0.4) - 0.777. In the distribution phase, ADA has chances to recover. At the moment we should consider trading inside the range and after confirmation of the formation of an intermediate bottom above 0.4 (consolidation above this zone) the market will define a new range for itself. 0.4 - 0.77. The potential in this case will be the corridor with the width of 93%. Technically, if the bulls hold the price above 0.4, it will be a good signal for the price distribution to 0.52, further to 0.678. Support levels: 3775, 0.400 Resistance levels: 0.42, 0.522 The bearish wedge is a strong technical pattern, capable of turning the market, but in order to start the realization, the bulls need to take the defense above the key zone, in our case it is 0.400. With Respect R. Linda!
Long
by RLinda
8
Cardano Daily TA : Support Levels and Potential Mid-Term TargetsBy examining the #Cardano chart on the daily timeframe, we observe that the price is trading in the 40 cent range. If the price can maintain the support zone of $0.35 to $0.385, we can expect further growth to higher targets for this attractive cryptocurrency. The medium-term targets for Cardano will be $0.42, $0.45, $0.51, and $0.58, respectively. The expected return in the medium term is between 15% to 40%! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
7
ADA/USDT Weekly Chart Update.Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: ADA is currently holding a historical supporting trendline that hasn't been broken since March 2020. A rebound can be expected, potentially allowing the price to test the resistance trendline at $0.58. The 35EMA can be considered a primary resistance level. A rejection or breakdown below the support line will likely drop the price by 34%, or in the worst case, 60%. On the higher side, a breakout above the 35EMA and the resistance trendline could trigger bullish sentiment and a rally toward the all-time high. Key Observations: ~ Primary Support/Entry: $0.3732. ~ Support 1/DCA: $0.2431. ~ Support 2/DCA: $0.1486. ~ Resistance 1: 35EMA ($0.48). ~ Resistance 2: $0.58. DYOR. NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
Cardano ADA price at a crossroads before further movementLooking at the global #ADAUSDT chart One question arises : - Did the ABC correction already end in April at $0.40 in 🟥the red scenario? - Or is there another dive down to the $0.30-0.34 area according to🟦the blue scenario? The critical level from below is $0.40 The critical level from above is $0.50 Fixing the CRYPTOCAP:ADA price below or above the critical levels will decide the further price movement. Globally, in the medium or long term, we would like to see the price of #Cardano at least $1.5 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
4
Honestly, I don't feel like explaining, the chart says it all !!The price is at the bottom of the megaphone and at the same time it is in an ascending wedge, and after the wedge is broken, the price can grow well. Also, divergence in MACD makes this signal stronger. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅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!!
Long
by CobraVanguard
1