Can today's rise of ADA lead to a midterm rise? CardanoStiftung ADAcoin_ Cardano cardano Cardano_ emurgo_io CardanoCommunity
Cardano has followed the bounceback of Bitcoin , going up by 2.38%.
On the local chart, Cardano has bounced off the hourly support level at $0.4417 against the increased volume, which means that buyers have the efforts in place for a slight rise. If the growth continues to the resistance at $0.4574, the upcoming day may also become bullish. On the longer time frame, the situation is unclear, as buyers have not accumulated enough power for a rise despite today's growth.One can make any price projection based on a possible further rise only when the rate gets back to the $0.48-$0.49 zone.
The same situation can be seen on the weekly chart as bears' pressure remains relevant as the price gets closer to the support than to the resistance. If the drop continues to the important $0.40 mark, it might generate a sharp decline to the $0.35 zone.
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.
ADA Price Posts Dull Performance Three Days to Cardano's Vasil Upgrade, What's HappeningCardano (ADA) price records poor performance three days before Vasil's upgrade ADA $ADA CardanoADA CardanoVasil Blockchain CardanoCommunity
Read more »
AUD/USD Price Analysis: Bears stay in control at daily resistanceAs per the prior analysis, AUD/USD Price Analysis: Bearish bias persists as bears take control at key daily support, and AUD/USD Price Analysis: Bulls
Read more »
DOGE and SHIB Price Analysis for September 20Can SHIB follow the rise of DOGE? Dogecoin dogecoin jasdoge DogecoinMemes RacerDoge crypto cryptocurrency doge
Read more »
BTC and ETH Price Analysis for September 20How long can ETH keep rising faster than BTC? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum
Read more »
BTC, XRP and LTC Price Analysis for September 19Which coins can rise against the fall of BTC? XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie boncryp LitecoinLoyal cryptorecruitr LiteCoinFamily LTC SatoshiLite LitecoinMoses
Read more »