December 06, 2024

Cardano (ADA/USDT) Poised for More Upside Movement Amidst Market Caution

Cardano Long-term Analysis: Bullish The analysis of Cardano against the Tether has recently shown signs of a bullish resurgence, with the pair experiencing a notable price surge. For weeks, ADA has displayed strong upward momentum, breaking through key resistance levels and hinting at the potential...

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November 29, 2024

Cardano (ADA/USDT) Gearing Up for More Action Amidst Market Growing Caution

Cardano Long-term Analysis: Bullish The cryptocurrency market has been witnessing bullish momentum since the halving of Bitcoin. In light of this, Cardano has been responding to this market factor and standing out as one of the top-performing altcoins. ADA/USDT has experienced a significant upside ...

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November 22, 2024

Cardano (ADA/USDT) Moves Towards $1.000 Despite Caution

Cardano Long-term Analysis: Bullish The general market sentiment for Cardano against the Tether on a weekly timeframe appears highly optimistic, with the pair breaking above key moving averages. The ongoing bullish momentum suggests potential continuation toward a rounded figure, while the Stochast...

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November 20, 2024

Cardano (ADA/USD) Extends Rally, Targets Higher Price Levels

Cardano has maintained a strong upward momentum, breaking out of a prolonged consolidation phase that had persisted since April, during which the market traded sideways below the $0.50 price level. For an extended period, investor interest remained subdued, reflected in consistently low trading vol...

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November 15, 2024

Cardano (ADA/USDT) Poises for More Upside Correction Amid Overbought Signal

Cardano Long-term Analysis: Bullish Cardano in 2023 was in a downtrend, with prices consistently forming lower lows below the Guppy Multiple Moving Averages (GMMA) lines. However, Cardano against the Tether in recent weeks has seen a strong upside movement. This suggests a potential shift to an upt...

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November 08, 2024

Cardano (ADA/USDT) Gears for Potential Upside Recovery

Cardano Long-term Analysis: Ranging Cardano against the Tether, like any other crypto pair, has seen a lot of minor fluctuations in recent times. However, ADA/USDT has displayed notable price movements this week, hinting towards an upside movement and a change in market sentiment. In recent times, ...

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October 25, 2024

Cardano (ADA/USDT) Faces Strong Resistance at the $0.3690 Level

Cardano Long-term Analysis: Bearish The third-generation blockchain, Cardano (ADA), against the Tether (USDT), has been on a prolonged downtrend since the first quarter of 2024, with difficulty gaining significant height. However, the pair is still hovering around another resistance level; the ques...

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October 18, 2024

Cardano (ADA/USD) Upside Retracement Faces Rejection Around $0.38

Cardano Long-term Analysis: Bearish Cardano’s price movement against the United States Dollar has fluctuated over the past few weeks. However, the price hangs near the dynamic mid-band after it could not break above the $0.374 level. Generally, ADA/USD has been facing bearish pressure since t...

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October 11, 2024

Cardano (ADA/USD) at a Crossroad: Looking for support at $0.34

Long-term Analysis of Cardano: Bearish Weekly data shows that between January and April 2024, the Cardano against the US dollar was trading at $0.4 levels, but it has since corrected lower. As seen on the chart, the pair has been trading below both the long-term and short-term moving averages, whic...

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