July 03, 2022

Cardano Revisits $0.44 Low as It Faces Fresh Selling Pressure

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in a downward correction as it faces fresh selling pressure. Since June 26, ADA’s price has been on a steady decline after its rejection by the 21-day line SMA. The coin has fallen to the low of $0.44 as it retests the previous...

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June 26, 2022

Cardano Trades in a Tight Range as It Holds Strongly Above $0.44

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in a downtrend as it holds strongly above $0.44 . Since May 12, the price action has remained the same. For the past month, the bulls have failed to break above the moving averages. Buyers were able to trade between the moving ...

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June 20, 2022

Cardano Holds above $0.44 as Bulls Provide Stiff Resistance

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in a downward correction as bulls provide stiff resistance. Since May 12, the bulls have been defending the previous low of $0.44. In the previous price action, buyers pushed the coin upward but failed to break above the 50-day...

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June 11, 2022

Cardano Is in an Upward Correction but Faces Stiff Resistance at $0.65

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in an upward correction as it faces stiff resistance at $0.65 . ADA’s price breaks above the 21-day line SMA and retests the 50-day line SMA. The bulls could not sustain the bullish momentum above the 50-day line SMA as t...

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June 04, 2022

Cardano Surges Ahead but Is Stuck below $0.70 High

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in a downward correction but is stuck below $0.70 high. ADA price is trading between the moving averages. On May 31, buyers pushed the coin to the high of $0.68 but could not sustain the bullish momentum above the $0.60 high. A...

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May 29, 2022

Cardano May Revisit $0.40 Low as It Breaks Current Support at $0.47

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in a downward correction as it breaks current support at $0.47. ADA price has recovered above the current support as buyers attempt to push the coin upward. For the past week, the altcoin has been trading between $0.40 and $0.6...

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May 21, 2022

Cardano Consolidates above $0.50 Support for a Possible Price Rebound

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price has continued its range-bound move for a possible price rebound. After the upward correction, the bulls could not continue above the $0.60 resistance. The crypto slumped to $0.50 and resumed consolidation in the middle of price ra...

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May 14, 2022

Cardano Rises from Oversold Region but Struggles below $0.60 High

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in a downward move but struggles below $0.60 high. The cryptocurrency plunged to the low of $0.40 on May 12. The bulls bought the dips as the altcoin resumed upward correction. The upward move reached the high of $0.60 and pull...

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May 07, 2022

Cardano Holds above $0.73 as Bears Attempt to Break Current Support

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in a downtrend as bears attempt to break current support. Today, the cryptocurrency is still consolidating above the $0.73 support but sellers are attempting to break below the current support. Yesterday, Cardano was repelled a...

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