April 30, 2022

Cardano Revisits the $0.78 Low as Bulls Defend Current Support

Cardano (ADA) Long-Term Analysis: BearishSince April 11, Cardano’s (ADA) price has fallen below the moving averages as bulls defend current support . ADA’s price  fell and revisited the previous lows of February and March. In other words, Cardano fell significantly to the low of $0.78. ...

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April 23, 2022

Cardano Resumes Selling Pressure as the Altcoin Faces Rejection at $0.97

Cardano (ADA) Long-Term Analysis: BearishSince April 11, Cardano’s (ADA) price has fallen below the moving averages as the altcoin faces rejection at $0.97 . Later it resumed consolidation above the $0.91 support. In the previous price action, Cardano reached the high of $1.20 but was repelle...

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April 16, 2022

Cardano Declines to $0.91 Low as Bulls Struggle below $0.95

Cardano (ADA) Long-Term Analysis: BullishCardano’s (ADA) price has fallen below the moving averages as bulls struggles below $0.95. Since April 11, the altcoin has been consolidating above the current support. The cryptocurrency is making an upward move as it faces rejection at the 50-day lin...

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April 09, 2022

Cardano Hovers above $1.02 Support, Risks Further Decline to $0.77

Cardano (ADA) Long-Term Analysis: BullishCardano’s (ADA) price has fallen below the 21-day line moving average but risks further decline to $0.77. It fell below the 21-day line SMA but above the 50-day SMA. The implication is that the cryptocurrency will fluctuate between the moving averages....

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April 02, 2022

Cardano Reaches Overbought Region at $1.24, May Face Rejection

Cardano (ADA) Long-Term Analysis: BullishCardano’s (ADA) price is trading in the bullish trend zone but may face rejection. On March 29, the cryptocurrency rallied to the high of $1.24. The bulls broke the resistance levels of $1.01 and $1.11 but failed to break the resistance at $1.26. Since...

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March 25, 2022

Cardano Declines to $1.05 Low as the Market Reaches $1.20 High

Cardano (ADA) Long-Term Analysis: BullishCardano’s (ADA) price has broken above the moving averages as market reaches $1.20 high. Buyers were able to break the resistance $1.00 but were repelled at the $1.20 high. Today, ADA is retracing from the recent high. The upward move will resume if pr...

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March 18, 2022

Cardano Rebounds but It Is Stuck at the $0.85 High

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in a downward correction as price is stuck at the $0.85 high. Cardano is likely to reclaim the $1.00 crucial support if price breaks above the 21-day line moving average. Today, the bulls are retesting the 21-day line moving av...

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March 04, 2022

Cardano Is in a Downward Correction but Risks Further Decline to $0.74

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in a downtrend but risk further decline to $0.74 . Today, ADA price has fallen to the low of $0.84. However, since February 21, ADA/USD has been trading above the $0.85 support. Buyers have been defending the current support. H...

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February 25, 2022

Cardano Rebounds above $0.74 as Bulls Attempt to Reclaim the $1.00

Cardano (ADA) Long-Term Analysis: BearishCardano’s (ADA) price is in a downward correction as bulls attempt to reclaim the $1.00 . After losing the $1.00 crucial support, Cardano has been consolidating above the $0.85 support since February 21. However, on February 24, ADA price plunged to $0...

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