Can ADA get back to the $0.40 zone soon? CardanoStiftung ADAcoin_ Cardano cardano Cardano_ emurgo_io
Cardano has followed the rise of Bitcoin , going up by almost 1%.
On the hourly chart, the price of Cardano has found the local support level at $0.3830. Currently, one should pay attention to the $0.39 zone as closure above it could be a prerequisite for further growth to the resistance at $0.3949. On the longer time frame, the situation is not as positive, as the rate keeps trading near the support at $0.3819. If buyers want to keep midterm growth going, they need to restore the price of ADA above the $0.40 zone.Only in that case, there is a chance of seeing a test of the resistance at $0.42.
Analyzing the daily chart of Cardano against Bitcoin , bears remain more powerful than bulls, as the rate keeps falling after a failed attempt to fix above the 0.000017 zone. In this regard, the more likely scenario is a continued drop to the support at 0.00001548.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Price analysis 2/22: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, SHIBBitcoin and altcoin prices corrected ahead of today’s Federal Reserve minutes, the real question is will markets rebound once market participants digest the tone of the central bank’s notes?
Read more »
Here's How to Unlock Cardano (ADA) Web3 Support in This Popular Crypto WalletExodus, popular noncustodial private crypto wallet, has added support for Cardano's Web3 integration to its extension wallet
Read more »
Here's Who's Making Money on Cardano (ADA) Right Now: IntoTheBlockThese Cardano $ADA holders remain profitable despite recent price action, here's how cardanoada cardanocommunity cardano iohk
Read more »
US Dollar Price Analysis: Bulls target a breach into clear skies to 105.35/ 106.00The US Dollar is trading in confluence to the persistent inflationary theme since data over the last several days has turned the screw and flipped the
Read more »
EUR/USD Price Analysis: Retreats from 1.0650 amid dismal market moodThe EUR/USD pair has retreated after facing selling interest around 1.0650 in the early Tokyo session. The major currency pair remained extremely vola
Read more »
EUR/JPY Price Analysis: Retraces below 144.00 after reaching a new YTD highThe EUR/JPY hit a fresh year-to-date (YTD) high at 144.16 on Tuesday, closing the session with gains of 0.26%. However, as Wednesday’s Asian Pacific s
Read more »