Cardano

Coin

<ul class="news-points"> 
 <li>ADA could not breach the $0.38 resistance despite its 3.71% jump in the last 24 hours.</li> 
 <li>If the Awesome Oscillator indicator turns positive, ADA’s rise to $0.40 may be confirmed.</li> 
 <li>Analyst says ADA may hit $3 if it maintains its 1% dominance in a potential future $10 trillion crypto economy.</li> 
</ul> 
Despite the recent recovery of the crypto market, <a href="https://coinedition.com/cardano-ada-price-prediction/">Cardano (ADA)</a> has not been able to breach the $0.40 region. According to the ADA/USD 4-hour chart, the inability of the cryptocurrency to build on its 3.71% 24-hour increase was because of selling pressure. 
Initially, ADA’s momentum had turned bullish after buyers made a way for a higher high from $0.374. As bulls tried to push ADA toward $0.40, sellers rejected the attempt by resisting the price movement at $0.387. 
<h2 class="wp-block-heading" id="h-the-0-38-zone-is-now-crucial">The $0.38 Zone Is Now Crucial</h2> 
At the time of writing, bulls are back and are making another attempt at flipping the resistance. As a result, the $0.38 region has become a critical area for ADA. If buyers fail to breach the zone, then ADA may fall back to $0.37. 
However, should a lot of buying pressure appear, sellers may have no other option than to succumb to the <a href="https://coinedition.com/golden-cross-forms-on-cardano-amid-growing-bullish-momentum/">uptrend</a>. Also, if ADA is to rise as hi…
The post <a href="https://coinedition.com/a-cardano-ada-to-3-prediction-can-it-break-0-40-first/">A Cardano (ADA) to $3 Prediction? Can It Break $0.40 First?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

A Cardano (ADA) to $3 Prediction? Can It Break $0.40 First?

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