September 05, 2022

Cardano Is in an Upward Correction but Faces Rejection at the $0.50 High

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in a downtrend but faces rejection at the $0.50 high. Buyers could not sustain the bullish momentum above the moving average lines as the altcoin declined below the 50-day line SMA. Cardano is fluctuating between the moving ave...

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August 28, 2022

Cardano May Resume a Sideways Move as It Revisits the $0 .40 Low

Cardano (ADA) Long-Term Analysis: BearishToday, Cardano’s (ADA) price has fallen to the low of $0.42 as it revisits the $0 .40 Low . The altcoin is trading at $0.44 at the time of writing. Today, Cardano is falling as sellers push Cardano to the lower price range at $0.40. On the downside, if...

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August 22, 2022

Cardano Drops Sharply as It Attempts to Revisit the $0.40 Low

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in a downward correction as it attempts to revisit the $0.40 low. The cryptocurrency declined to the low of $0.44 and pulled back. However, the selling pressure may continue to the previous low at $0.40. On the downside, if the...

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August 17, 2022

Cardano Breaks Resistance at $0.55 as It Targets the $0.66 High

Cardano (ADA) Long-Term Analysis: BullishCardano’s (ADA) price is in an upward correction as it targets the $0.66 high. The bulls broke the resistance at $0.55 to reach the recent high. After a pull back the uptrend is ongoing. On the upside, if the bulls breach $0.58 high, the market will ra...

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August 10, 2022

Cardano Faces Rejection at $0.55 High as It Declines to the Range-Bound Zone

Cardano (ADA) Long-Term Analysis: RangingCardano’s (ADA) price has continued its range-bound move above the moving average lines but declines to the range-bound zone. Generally, the price movement has been stagnant because of the appearance of Doji and Spinning tops. On the upside, the bulls ...

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July 31, 2022

Cardano Faces Strong Resistance as It Rallies to $0.55

Cardano (ADA) Long-Term Analysis: RangingCardano’s (ADA) price makes positive moves as it rallies to $0.55. The upward move is insignificant because of the presence of small body indecisive candlesticks called Doji. These candles have been responsible for the current range-bound move since Ma...

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July 23, 2022

Cardano Is in a Tight Range as It Faces Rejection at $0.54

Cardano (ADA) Long-Term Analysis: RangingCardano’s (ADA) price has been in a sideways move as it faces rejection at $0.54. On July 18, the bulls broke above the moving average lines but pulled back below the 50-day line SMA. The altcoin will trend when the moving average lines are breached. O...

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July 16, 2022

Cardano Is in a Tight Range as It May Slide Below $0.40 Low

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in a downtrend as it may slide below $0.40 low. On July 13, the DOT price declined to the current support at $0.40 as bulls bought the dips. The cryptocurrency is rising to retest or break the 21-day line SMA. On the upside, if...

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July 10, 2022

Cardano Consolidates Above $0.44 as Bulls and Bears Show Indifference

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in a downward correction as bulls and bears show indifference. After the June 13 price slump, buyers have not been able to keep the price above the 21-day line SMA. The 21-day line SMA has retrained further upward movement of t...

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