Cardano sees strong support at $0.31 — will the bears break this level too

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Despite the bounce to $0.375, the structure remained bearish $0.26 was the next significant support level to watch out for Cardano was in the grip of a hefty bearish trend. This has been the case … Read more

Cardano: A pullback to $0.38 can see ADA form a range between…

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Cardano remains within a higher timeframe downtrend The $0.42 area has been solid resistance in the past Cardano has not been particularly strong in the markets in recent months. Since June, the price has been … Read more

ADA struggles to break $0.365, here’s where traders can look to buy

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice A lower timeframe resistance zone has been flipped to support Cardano faces stiff resistance up to $0.4, and demand has not yet arrived Cardano has performed somewhat well in the past three days. The drop … Read more

Cardano can see accelerated losses after losing this key short-term support

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Cardano dropped to $0.35 but was able to manage a bounce This bounce was short-lived, and another 5% drop looms for ADA The previous day of trading saw Bitcoin [BTC] face resistance at $19.6k and … Read more

Cardano finds some support at $0.36, but the downtrend remains unbeaten

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Cardano sees some relief at $0.36 Dead cat bounce or can the bulls drive ADA back above $0.4? At the time of writing, Bitcoin [BTC] was headed higher toward the $19.6k resistance. Over the weekend … Read more

As Cardano crashes below $0.4, should traders consider shorting ADA

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The $0.42-$0.4 band finally gave in to selling pressure Another leg down was likely Bitcoin showed weakness as well, expect volatility Coinglass data showed nearly $3.5 million worth of positions liquidated on ADA pairs … Read more

Why Cardano’s latest support level plays a critical role after recent losses

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Cardano dips beneath range lows yet again Buyers have defended $0.42…so far Cardano [ADA] was expected to surge on the price charts after the Vasil hardfork was pushed out. Yet, the price persisted in its … Read more

Cardano offers a risky buying opportunity, should ADA investors indulge

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. ADA approaches support zone, low-risk buy with clear invalidation was present Bearish BTC meant the likelihood of further losses was high for ADA Bitcoin [BTC] dived beneath the $20k mark once again, after a decent … Read more

Cardano runs into a resistance zone, can ADA traders anticipate a pullback

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The Vasil upgrade was announced to be a success by IOHK. This upgrade “will bring significant performance & capability enhancements”, and IOHK described it as the most ambitious program of work they’ve undertaken. On the … Read more

Cardano [ADA] bounces from range lows; here are targets to sell coin at

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Cardano [ADA] flipped XRP in terms of market capitalization to stand at $17.15 billion at the time of writing. The trading volume saw a significant spike a couple of days ago, but averages around $600k … Read more