Cardano

April

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The sellers' pressure continues on the cryptocurrency market, according to <a href="https://u.today/xrp-price-prediction-for-april-10" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="221c7d9f-f220-4bad-8690-803ff06ba1dd" src="https://u.today/sites/default/files/inline-images/top10_1048.png">ADA chart by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 class="text-align-justify" id="ada-usd">ADA/USD</h2>
The price of Cardano (ADA) has gone down by 4.24% since yesterday. <img data-entity-type="file" data-entity-uuid="2438b7a5-ae2d-4034-95f4-47c3fa84edf0" src="https://u.today/sites/default/files/inline-images/ada1_111.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ADAUSDT" rel="noopener noreferrer nofollow">TradingView</a>
Despite today's fall, the price of ADA is in the middle of the local channel. As none of the sides has seized the initiative yet, the ongoing sideways trading around $0.57 is the more likely scenario until tomorrow. <img data-entity-type="file" data-entity-uuid="3175e56c-aa80-4593-8be9-073164af28b8" src="https://u.today/sites/default/files/inline-images/ada2_108.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ADAUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the daily time frame, the price of ADA has made a false breakout of the support of $0.5588.&nbsp;
If the bar closes far from this mark, the growth may continue to $0.58 soon. <img data-entity-type="file" data-entity-uuid="f87a68cb-126e-4c0e-af4b-4f8b24e1d90e" src="https://u.today/sites/default/files/inline-images/ada3_97.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ADAUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the weekly chart, the picture is less positive. The price has come back to the support level of $0.5588. If the candle closes around the current prices, the breakout may lead to a more profound drop to the $0.53 zone.
ADA is trading at $0.5739 at press time.

Cardano (ADA) Price Prediction for April 10

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Ďalšie články zverejnené 10. 4. 2024

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