Cardano

Cryptocurrency

Candle

Resistance

<ul style="">
 <li style=""><a href="https://www.coingabbar.com/en/crypto-currency/cardano-ada-prices-usd" title="ADA's" class="f-link" style="" rel="noopener noreferrer nofollow">ADA's</a> recovery is hindered by a falling channel, causing buyers to face challenges in achieving a breakout.</li>
 <li style="">In the daily chart, Cardano's persistence within the falling channel reflects a bearish influence on the price trend.</li>
 <li style="">Attempts to surpass the $0.5300 level have been unsuccessful, resulting in a retreat below $0.5000.</li>
 <li style="">Despite a recent bull cycle, #cardano struggles to surpass key resistance levels such as the 50-day EMA and overhead trendline.</li>
 <li style="">A double top pattern in cardano price has led to a decline below the $0.50 threshold.</li>
 <li style="">Recent bearish candlestick patterns, including Bearish Marubozu Candle and Doji over the last two days, signal the dominance of bears.</li>
 <li style="">If $ADA drops below $0.4800, it's likely to retest the 50% Fibonacci level around $0.454, indicating a short-term downward trend amid ongoing correction.</li>
 <li style=""><a href="https://www.coingabbar.com/en/price-analysis" title="Coingabbar's analysis" class="f-link" rel="noopener noreferrer nofollow">Coingabbar's analysis</a> Cardano Price Prediction 2030 may surpass $5.</li>
 <li style="">According to Coingabbar's Prediction, Cardano price prediction 2040 might hit $20.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $0.5100-$0.5300
SUPPORT LEVEL : $0.4720-$0.4500
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgement, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Cardano Price Prediction: Bulls Facing Uphill Resistance

Coingabbar

2024년 2월 6일에 게재된 다른 기사

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