Cardano Archives - Page 25 of 32

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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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 27, 2022

Cardano Stumbles as Ledger Releases Upgrade to Accommodate Smart Contract for ADA Holders

Prominent crypto hardware storage provider, Ledger, has announced an upgrade for the Cardano (ADA) app to accommodate the latest additions to the ADA ecosystem. The Ledger Cardano app has seen an upgrade to version 4.0.0, which would allow for smart contract functionalities. The official Ledger Twi...

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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 15, 2022

Cardano Loses $1 Foothold Despite Upgrade Announcement

Cardano continues to struggle to break its bearish jinx as it fights to take the $1 psychological mark. That said, the smart contracts cryptocurrency has suffered a 12% plunge over the past seven days but maintained its ranking among the top ten cryptocurrencies. This highlights significant trust i...

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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...

#ADA #ADA/USD #Cardano #Price Analysis