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Cardano

Cardano Price Surges by 10% in Just 2 Days!Cardano (ADA) has experienced a phenomenal surge, with its price skyrocketing by a remarkable 10% in just two days! The Cardano community has been buzzing with anticipation, and this recent surge has certainly exceeded our expectations. As a trader, it's crucial to stay informed and capitalize on these exciting opportunities. That's why I wanted to reach out to you and share this thrilling development. Now, let's talk strategy. With Cardano's recent surge, it's essential to keep a close eye on its movements. As you may already know, Cardano has been steadily climbing, and it's currently approaching a significant milestone: the 100-day simple moving average. This is a crucial indicator that can provide valuable insights into the market sentiment and potential future price movements. Here's where the call-to-action comes in: I strongly encourage you to consider going long on Cardano once it successfully passes through the 100-day simple moving average. This could be a game-changing moment for ADA, and you don't want to miss out on potential gains! By taking advantage of this opportunity, you position yourself to benefit from the upward momentum that Cardano has been building. The recent surge is a clear indication of its potential, and with the right strategy, you can ride the wave of success along with it. Remember, successful trading requires careful analysis and strategic decision-making. Keep a close eye on Cardano's movements, study the charts, and make an informed decision when the time is right. Timing is everything in the world of trading, and this could be the perfect moment to seize the potential that Cardano holds. So, get ready, traders! Cardano's recent price surge is a testament to its growing strength, and it's time to capitalize on this exciting development. Keep a watchful eye on ADA as it approaches the 100-day simple moving average, and when the time is right, consider going long to maximize your potential gains.
BINANCE:ADAUSDLong
by bryandowningqln
Bulls Drive Cardano (ADA) Price as Crypto Market ReboundsCardano’s TVL has risen by 28.14% over the previous two weeks, to $210 million. If the price climbs above $0.32 resistance level, then it will likely move towards $0.36 level. There is a direct correlation between the ecosystem’s total value locked (TVL) and the current spike in Cardano prices. According to the latest figures from DefiLlama, Cardano’s TVL has risen by 28.14% over the previous two weeks, to $210 million. $97.88 million of this TVL comes from the two major DeFi projects, Minswap and Indigo. The quick growth in TVL is indicative of rising adoption of Cardano and rising trust in the platform. Also, indicative of rising optimism regarding ADA’s upcoming price movements, the number of addresses holding ADA for long-term recently surpassed 2.7 million. Bulls in Control CryptoRank’s historical indicators point to a bearish indication, and market patterns suggest that ADA may have a slight drop this month. The median monthly return for ADA throughout the years is -2.5%, but the average monthly return is a whopping 43.5%. With a price increase of 7.39% in the previous 24 hours, Cardano (ADA) has joined the overall cryptocurrency market rally. At the time of writing, ADA is trading at $0.3089, signifying a 17.83% rise in the last 30 days with a trade volume of over $353 million, as per data from CoinMarketCap. If the price climbs above $0.32 resistance level, then it will likely move towards $0.36 level. Breaking over this level will likely see price testing $0.38 resistance level. On the other hand, if price goes below $0.29 support level, then it will likely decline further to test the $0.28 level. Further decline will likely see price testing $0.26 support level.
Long
by DEXWireNews
2
Cardano (ADA) is about to make a move the will stun people!Cardano not only has incredible utility, but it is massively undervalued at current prices. Most investors don't just hold ADA because of it's mind-blowing price appreciation potential, they hold it because they know that it will play a substantial role in the coming digital revolution. Even a novice can look at the current chart and see that something big is about to happen with this coin. I personally believe that no matter how large your crypto portfolio is that everyone should have at least 5% of their portfolio in Cardano. Remember tribe, stay diversified and never put all your eggs in one basket!
BINANCE:ADAUSDLong
by MetaShackle
Cardano technical analysisAs you can see in the one-month chart of Cardano, Cardano then went through a very strong downtrend from $3 to $0.20, due to the deep corrections and the low strength of bearish candles and the strength of bullish candles in A very, very important support area for Cardano. It seems that this currency is building its floor at the end of the downtrend on an important support level. But for now, Cardano has not started any upward trend, and it can start an upward trend when it breaks its dynamic and static resistance range, which you can see in the chart, and stabilizes this failure by closing the candle above this range. Cardano is completely suitable for buying in this range from both technical and fundamental and sentimental points of view, of course, by observing the trading principles, including the loss limit. SOS FINANCIAL COMPANY
Long
by Amir_Nazer
2
Cardano's ($ADA) Prolific Bullish TrendThe local trend on Cardano's chart is bullish, a trend that seems logical given the positive dynamics of BTC. Currently, ADA is trading between the support zone of $0.2730-$0.2770 and the resistance of $0.2920-$0.2970. The priority for ADA is to continue this upward movement. Above the current resistance zone, the range of $0.302-$0.308 becomes the next target for buyers. Future highs are expected to be updated as Bitcoin continues its growth. In the event of a correction, the ADA price may test the support levels at $0.265 and within the range of $0.255-$0.260. All these marks are within the upward trend, which is expected to resume after such a correction.
BINANCE:ADAUSDLong
by DEXWireNews
ADA is underrated nowBINANCE:ADAUSDT ✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you. Possible Targets and explanation idea ➡️Now we are in 0.27 Zone by Fib since April ➡️Target for this correction is 0.618 level on fib ➡️Perfect signal to buy on TradeON indicator ➡️Signal on Direction indicator. (big investors came in to Cardano) ➡️After 0.618 we will test above downtrend global line since May 2021 Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. * Look at my ideas about interesting altcoins in the related section down below ↓ * For more ideas please hit "Like" and "Follow"!
COINBASE:ADAUSDLong
by Crypto4light
3
Cardano (ADA) long before the breakIf ADA retrace to 0.275 (FIB-level 0.38) - I think it's in a good position for a spot trade. I predict the ADA-bottom is in and we can aspect some big fast move as soon as ADA break the trend-line. ADA have been tanking for years now and I believe that there are a lot of hungry bulls that will show up to find an entry for a long time hold. I don't think we will get any good opportunities to buy the retest after a potential trend break. So my idea here is to front run the potential big move :)
Long
by TaTaTaCrypto
ADA/BTC Potential Harmonic PatternADA/BTC Potential Harmonic Pattern, but keep an eye on the trendline Resistance. ................................................................................................................ We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
by CryptoTrend-Alerts
ADAUSD: Thoughts and AnalysisToday's focus: ADAUSD Pattern – Breakout/Support test (Bearish) Support – .2375 Resistance – .2490 - .2640 Hi, and thanks for checking out today's update. Today, we are looking at the ADAUSD on the daily chart. ADA is a market I watch regularly, and currently, we are seeing a few interesting things, pattern and support-wise, that we have broken down in today's video. The two keys, long-term support, seen at .2375 and an ending diagonal pattern that continues to remain in play. I have discussed three main cases in today's analysis of ADA; two are bullish, and the third is a bearish continuation of the long-term trend. It will be interesting if we see a lower break over the next few days, as that will play into a case as long as it holds at the ending diagonal trendline. What do you think? Do you agree with the patterns and levels we have discussed?
EIGHTCAP:ADAUSD
by Eightcap
Cardano can grow up to 0.28 priceHi guys, let's look at the current situaition on Cardano. After breaking 0.25 support level Cardano didn't drop as low as I expected. Basically ADA price didn't manage to hold below 0.25 level and has been fluctuating between 0.26-0.24 prices. At the moment Cardano price is trading above 0.26 level but I don't see any potential for growth. In case if Bitcoin continue to rise, ADA price potentially can grow up to 0.28 level but I don't think that it can rise higher than that. Overall I remain bearish on Cardano and still think that it can drop up to 0.2 price. If this post is useful to you, you can support me with like/boost and leave comments below. Many thanks.
by Real_CryptoRoy
9
Cardano's (ADA) Pivotal PlayCardano (ADA) continues to make strides in the cryptocurrency arena with recent developments, including the launch of a staking feature and the welcoming of the first crypto options exchange. These advancements are expected to enhance ADA's utility and adoption, contributing to its recovery narrative. The current price of ADA is $0.2584. Despite a slightly bearish market sentiment with a Fear & Greed index score of 49, the recent positive developments could act as a catalyst for a price rebound. Technical Analysis: Nearest Support Zones: $0.25, followed by $0.22. Further Support: $0.277 and $0.325. Nearest Resistance Zone: $0.30 (previous support), followed by $0.42. Further Resistance: $0.399 and $0.423. Most Probable Scenario: The momentum from recent advancements may drive ADA towards testing the nearest resistance level at $0.30. However, if the bearish sentiment persists, a retracement towards the support levels of $0.25 or $0.22 is plausible. The unfolding scenario around ADA’s technicals and fundamentals provides a mixed yet cautiously optimistic outlook. Monitoring the evolving market sentiment and upcoming Cardano developments will be crucial for traders and investors.
by MonoCoinSignal
14