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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October 04, 2024

Cardano (ADA) Faces Strong Resistance at $0.3836

Cardano Long-term Analysis: Bearish In a recent price movement, Cardano sought to break above $0.3836 but found strong resistance. ADA/USD current price movement shows the pair recently tested the lower band of the Bollinger bands at $0.2957. This level acted as a strong support, and enough buying ...

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September 19, 2024

Cardano Maintains Its Bullish Ascent as It Stabilizes Above $0.30

Cardano (ADA) Price Long-Term Forecast: Ranging Cardano’s (ADA) price maintains a sideways pattern as it stabilizes above $0.30. The decline ended when the altcoin dropped below $0.27 and then recovered. Cardano is now in a sideways trend, trading between $0.30 and $0.40. The sideways trend h...

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September 07, 2024

Cardano Begins a Range-Bound Move as It Trades above $0.31

Cardano (ADA) Price Long-Term Forecast: Ranging Cardano’s (ADA) price remains range-bound as it trades above $0.31. The slump ended on August 5, when it reached a low of $0.27. The bulls stopped dropping above the $0.31 support level and began a range-bound advance. The altcoin is trading sid...

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August 26, 2024

Cardano Pauses above $0.38 as It Rises to Reclaim Its Prior Highs

Cardano (ADA) Price Long-Term Forecast: Bearish Cardano’s (ADA) price has reached bearish exhaustion above $0.277 as it rose to reclaim its prior highs. The selling pressure decreased as the price of ADA rebounded. On the daily chart, the cryptocurrency’s price broke above the moving av...

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August 15, 2024

Cardano Stabilizes as the Bearish Ascent Halts Above $0.31

Cardano (ADA) Price Long-Term Forecast: Bearish Cardano’s (ADA) price has plummeted to an oversold level below the moving average lines as the bearish ascent halts above $0.31. On August 5, the altcoin hit a low of $0.27 before pulling back. The selling pressure has lessened, and the altcoin ...

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August 04, 2024

Cardano Reaches The $0.30 Low As Bearish Fatigue Sets In

Cardano (ADA) Price Long-Term Forecast: Bearish Cardano’s (ADA) price has dropped below the moving average lines twice as bearish fatigue sets in. On the daily chart, bears broke below the moving average lines, reaching a low of $0.38 before recovering. The upward correction was repelled by t...

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July 17, 2024

Cardano Pauses Above $0.42 As It Hits The Resistance Zone

Cardano (ADA) Price Long-Term Forecast: BullishCardano’s (ADA) price has recovered from its slump as it hits the resistance zone. In prior price activity, the altcoin dropped to a low of $0.31 on July 5. The bulls purchased the dips, and after consolidating above the $0.34 support, the ADA pr...

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