Cardano Archives - Page 23 of 32

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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August 05, 2022

Cardano Ranked As The Third Most-Staked Cryptocurrency

Cardano (ADA) made it to the top three rankings of cryptocurrencies with the most staked supply on CoinRank. The cryptocurrency statistical portal recently released its 15 most-staked coins, showing that Cardano had a whopping 70.6% of its total supply, over $12 billion, locked in staking. The firs...

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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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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...

#ADA #ADA/USD #Cardano #Price Analysis