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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
Ada/usdt Trading Idea • 4H Time-frame "Ada/USDT 4-Hour Timeframe Greetings, fellow traders! Taking a look at the 4-hour chart for Ada, things are appearing quite bullish. I have high hopes that the price will surge from the area I've highlighted with a blue line, potentially reaching at least a 10% increase. Let's see how this unfolds. Please remember that these ideas are purely my personal opinions and should not be considered financial advice. It's crucial to conduct your research before making any decisions. Best of luck in your trading endeavors, and if you appreciate our content, your support is always welcomed. Happy trading!"
Long
by Qaisrani-Trades
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
ADA Under Pressure - Next 24 Hours Bearish - Storm Ahead ⛈️Cloudy ☁️, rainy 🌧️, and even stormy ⛈️ trading conditions lie ahead in the next 24 hours. This translates into a bearish market with downside risk for cryptocurrencies. Particularly Ether, Cardano, Polygon, and Polkadot may come under pressure. Over a one-week horizon, the bearish trend will continue to linger over the crypto universe with Bitcoin being the notable exception. Slightly bullish sun ☀️ will shine over the world’s largest cryptocurrency with a possible upside in its price over this longer time horizon, ATTMO forecasts show. Follow us for more crypto weather reports!
by ATTMO
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
ADAUSD On the verge of a rallyCardano / ADAUSD is trading over the 1day MA50 in the past 5 days. The pattern on the 1day time frame is a Triangle, with Support A (0.23500) holding on three different occasions and the next obstacle to overcome being the Falling Resistance (top) of the Triangle. Right now as long as the MA50 holds, you can target 0.28855 (Fibonacci 0.236). If the Falling Resistance breaks, you can re-buy and target 0.37500 (Fibonacci 0.618 and previous Lower High). The 1day RSI has its own Falling Resistance to consider. Follow us, like the idea and leave a comment below!!
CRYPTO:ADAUSDLong
by TheCryptagon
Cardano Showing signs of 2x rally from hereWhat you see in the chart is a map of Accumulation that has been going on for ADA for over a year and half now. The accumulation matches perfectly with Wyckoff Accumulation models. So far it has made its way to Phase B. This calls for a short-term rally and if the rally follows the model, then it is likely to hit the resistance Lines, which stand at 42 and 47 cents. It's almost 2X from here. From there on we should start dipping and go to new lows to find the Spring to begin the next massive bull run to 7- 10 dollars by last quarter of 2025. Now there is also a possibility that it may not create a new low after hitting the resistance lines, in that case it would be a Wyckoff Model 2 Schematic As shown below. Now, if it does follow Model 1 Accumulation, the following chart shows where ADA can find the spring .
Long
by zakoraio
ADA ☀️ 24-Hour Outlook; Bullish Short-Term Trend Cloudy, slightly bearish skies ☁️ linger over the global crypto market in the next 24 hours. A couple of altcoins, like Cardano, Chainlink, and Uniswap may benefit from sunnier, slightly bullish trading conditions, ATTMO's forecasts show. ☀️ Over a one-week horizon, trading conditions become mixed with sunshine returning to parts of the crypto sphere. Bitcoin, Litecoin, Cardano, and Chainlink have potential upsides, while cloudy ☁️ or even rainy, bearish trading conditions will prevail over altcoins like Avalanche, Binance, XRP, and Polkadot. Follow us for more crypto weather reports!
by ATTMO
Cardano ADA/BTC - Patience Required ADA/BTC Weekly Chart #ADA A chart worth keeping an eye on #CardanoADA - RSI Oversold for 2nd time ever - Break out of bearish channel (Pending) - Break above 50 SMA with turn up (Pending) - Zones are rough guides. - 115 weeks is a time guide as this was the last timeframe from top to the bottom before bull market started. We are only at week 83. You could nibble here. ill be waiting & watching for the break of the channel and the 50 SMA. PUKA
by PukaCharts
6
ADA ☀️ In the Next 24 Hrs, Upside PotentialA bearish pressure with both rain and clouds 🌧️ lingers over the global crypto market in the next 24 hours, indicating a downside risk. But Cardano, Dogecoin, and Uniswap shine through the storm with potential. 🌥️ Over a one-week horizon, Bitcoin, Litecoin, XRP, Binance, and other altcoins face continued headwinds and a downward risk, while there's a ray of hope with some sun shining over Ether, Uniswap, and Chainlink, signaling upward potential in the coming week. ☀️🚀 Follow us for more crypto weather reports!
by ATTMO