• bitcoinBitcoin (BTC) $ 70,104.00
  • ethereumEthereum (ETH) $ 3,782.02
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 618.16
  • solanaSolana (SOL) $ 178.35
  • staked-etherLido Staked Ether (STETH) $ 3,779.03
  • usd-coinUSDC (USDC) $ 1.00
  • xrpXRP (XRP) $ 0.534599
  • dogecoinDogecoin (DOGE) $ 0.172058
  • the-open-networkToncoin (TON) $ 6.36
  • cardanoCardano (ADA) $ 0.493120
  • avalanche-2Avalanche (AVAX) $ 41.18
  • shiba-inuShiba Inu (SHIB) $ 0.000026
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 70,263.00
  • tronTRON (TRX) $ 0.123826
  • polkadotPolkadot (DOT) $ 7.66
  • bitcoin-cashBitcoin Cash (BCH) $ 513.09
  • chainlinkChainlink (LINK) $ 16.86
  • nearNEAR Protocol (NEAR) $ 7.79
  • uniswapUniswap (UNI) $ 9.54
  • matic-networkPolygon (MATIC) $ 0.729314
  • litecoinLitecoin (LTC) $ 87.96
  • fetch-aiFetch.ai (FET) $ 2.54
  • internet-computerInternet Computer (ICP) $ 13.26
  • pepePepe (PEPE) $ 0.000014
  • leo-tokenLEO Token (LEO) $ 5.98
  • daiDai (DAI) $ 1.00
  • ethereum-classicEthereum Classic (ETC) $ 31.45
  • wrapped-eethWrapped eETH (WEETH) $ 3,925.80
  • render-tokenRender (RNDR) $ 11.06
  • hedera-hashgraphHedera (HBAR) $ 0.115788
  • aptosAptos (APT) $ 9.26
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,710.83
  • immutable-xImmutable (IMX) $ 2.50
  • filecoinFilecoin (FIL) $ 6.23
  • mantleMantle (MNT) $ 1.05
  • cosmosCosmos Hub (ATOM) $ 8.77
  • crypto-com-chainCronos (CRO) $ 0.127589
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999612
  • stellarStellar (XLM) $ 0.112182
  • the-graphThe Graph (GRT) $ 0.335685
  • kaspaKaspa (KAS) $ 0.134076
  • arbitrumArbitrum (ARB) $ 1.19
  • blockstackStacks (STX) $ 2.14
  • okbOKB (OKB) $ 51.07
  • optimismOptimism (OP) $ 2.77
  • arweaveArweave (AR) $ 45.61
  • bittensorBittensor (TAO) $ 420.28
  • makerMaker (MKR) $ 3,043.67
  • dogwifcoindogwifhat (WIF) $ 2.81
  • suiSui (SUI) $ 1.14
  • vechainVeChain (VET) $ 0.036398
  • injective-protocolInjective (INJ) $ 27.65
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • moneroMonero (XMR) $ 138.20
  • theta-tokenTheta Network (THETA) $ 2.49
  • fantomFantom (FTM) $ 0.873943
  • flokiFLOKI (FLOKI) $ 0.000242
  • thorchainTHORChain (RUNE) $ 6.79
  • bonkBonk (BONK) $ 0.000033
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,188.59
  • lido-daoLido DAO (LDO) $ 2.20
  • galaGALA (GALA) $ 0.044649
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,897.87
  • celestiaCelestia (TIA) $ 9.70
  • pyth-networkPyth Network (PYTH) $ 0.470326
  • sei-networkSei (SEI) $ 0.564791
  • jupiter-exchange-solanaJupiter (JUP) $ 1.21
  • coredaoorgCore (CORE) $ 1.82
  • bitget-tokenBitget Token (BGB) $ 1.12
  • algorandAlgorand (ALGO) $ 0.187618
  • flowFlow (FLOW) $ 0.962593
  • whitebitWhiteBIT Coin (WBT) $ 10.02
  • aaveAave (AAVE) $ 97.15
  • quant-networkQuant (QNT) $ 98.27
  • starknetStarknet (STRK) $ 1.24
  • beam-2Beam (BEAM) $ 0.028169
  • singularitynetSingularityNET (AGIX) $ 1.07
  • akash-networkAkash Network (AKT) $ 5.80
  • bitcoin-svBitcoin SV (BSV) $ 68.81
  • ondo-financeOndo (ONDO) $ 0.932010
  • ethenaEthena (ENA) $ 0.873175
  • bittorrentBitTorrent (BTT) $ 0.000001
  • dydx-chaindYdX (DYDX) $ 2.12
  • flare-networksFlare (FLR) $ 0.028613
  • tokenize-xchangeTokenize Xchange (TKX) $ 14.54
  • cheeleeCheelee (CHEEL) $ 20.24
  • axie-infinityAxie Infinity (AXS) $ 7.92
  • neoNEO (NEO) $ 15.99
  • chilizChiliz (CHZ) $ 0.126108
  • elrond-erd-2MultiversX (EGLD) $ 40.64
  • worldcoin-wldWorldcoin (WLD) $ 5.11
  • msolMarinade Staked SOL (MSOL) $ 212.14
  • gatechain-tokenGate (GT) $ 8.18
  • the-sandboxThe Sandbox (SAND) $ 0.467088
  • zebec-protocolZebec Protocol (ZBC) $ 0.020352
  • wormholeWormhole (W) $ 0.578796
  • ecasheCash (XEC) $ 0.000052
  • roninRonin (RON) $ 3.17
  • eosEOS (EOS) $ 0.866175
  • jasmycoinJasmyCoin (JASMY) $ 0.020397
  • kucoin-sharesKuCoin (KCS) $ 10.22
  • tezosTezos (XTZ) $ 0.990191
  • safeSafe (SAFE) $ 2.28
  • pendlePendle (PENDLE) $ 6.28
  • conflux-tokenConflux (CFX) $ 0.240216
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,805.76
  • havvenSynthetix Network (SNX) $ 2.90
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,779.81
  • aioz-networkAIOZ Network (AIOZ) $ 0.861496
  • ordinalsORDI (ORDI) $ 44.79
  • mina-protocolMina Protocol (MINA) $ 0.833793
  • ribbon-financeRibbon Finance (RBN) $ 0.919060
  • book-of-memeBOOK OF MEME (BOME) $ 0.012882
  • decentralandDecentraland (MANA) $ 0.469303
  • gnosisGnosis (GNO) $ 334.14
  • lido-staked-solLido Staked SOL (STSOL) $ 211.42
  • apecoinApeCoin (APE) $ 1.31
  • nexoNEXO (NEXO) $ 1.44
  • heliumHelium (HNT) $ 4.79
  • echelon-primeEchelon Prime (PRIME) $ 19.73
  • iotaIOTA (IOTA) $ 0.233318
  • frax-etherFrax Ether (FRXETH) $ 3,777.10
  • kavaKava (KAVA) $ 0.696905
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.87
  • nervos-networkNervos Network (CKB) $ 0.016997
  • usddUSDD (USDD) $ 0.997866
  • theta-fuelTheta Fuel (TFUEL) $ 0.109043
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 4,039.10
  • klay-tokenKlaytn (KLAY) $ 0.189779
  • swethSwell Ethereum (SWETH) $ 3,972.18
  • dexeDeXe (DEXE) $ 12.08
  • ocean-protocolOcean Protocol (OCEAN) $ 1.06
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000032
  • livepeerLivepeer (LPT) $ 20.96
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.50
  • blurBlur (BLUR) $ 0.414981
  • axelarAxelar (AXL) $ 0.997807
  • bitcoin-goldBitcoin Gold (BTG) $ 37.53
  • fraxFrax (FRAX) $ 0.997886
  • woo-networkWOO (WOO) $ 0.345929
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000112
  • oasis-networkOasis Network (ROSE) $ 0.092959
  • fasttokenFasttoken (FTN) $ 1.99
  • illuviumIlluvium (ILV) $ 94.85
  • pepecoin-2PepeCoin (PEPECOIN) $ 5.09
  • mantra-daoMANTRA (OM) $ 0.731970
  • tether-goldTether Gold (XAUT) $ 2,422.95
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 4,098.74
  • dydxdYdX (ETHDYDX) $ 2.12
  • osmosisOsmosis (OSMO) $ 0.891656
  • curve-dao-tokenCurve DAO (CRV) $ 0.480012
  • notcoinNotcoin (NOT) $ 0.005616
  • arkhamArkham (ARKM) $ 2.59
  • golemGolem (GLM) $ 0.554828
  • aerodrome-financeAerodrome Finance (AERO) $ 1.21
  • xdce-crowd-saleXDC Network (XDC) $ 0.035860
  • astarAstar (ASTR) $ 0.094728
  • wemix-tokenWEMIX (WEMIX) $ 1.46
  • enjincoinEnjin Coin (ENJ) $ 0.359921
  • memecoin-2Memecoin (MEME) $ 0.028063
  • jito-governance-tokenJito (JTO) $ 4.24
  • superfarmSuperVerse (SUPER) $ 1.13
  • true-usdTrueUSD (TUSD) $ 1.00
  • raydiumRaydium (RAY) $ 1.91
  • iotexIoTeX (IOTX) $ 0.053007
  • 1inch1inch (1INCH) $ 0.426344
  • stader-ethxStader ETHx (ETHX) $ 3,881.01
  • skaleSKALE (SKL) $ 0.093920
  • celoCelo (CELO) $ 0.902377
  • dymensionDymension (DYM) $ 2.81
  • 0x0x Protocol (ZRX) $ 0.567894
  • apenftAPENFT (NFT) $ 0.00000049
  • ether-fiEther.fi (ETHFI) $ 4.12
  • radixRadix (XRD) $ 0.045078
  • ankrAnkr Network (ANKR) $ 0.046613
  • stepnGMT (GMT) $ 0.230869
  • altlayerAltLayer (ALT) $ 0.340724
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.11
  • polymeshPolymesh (POLYX) $ 0.433984
  • based-brettBrett (BRETT) $ 0.054174
  • mx-tokenMX (MX) $ 4.62
  • arcblockArcblock (ABT) $ 4.58
  • compound-ethercETH (CETH) $ 75.98
  • zilliqaZilliqa (ZIL) $ 0.024622
  • metis-tokenMetis (METIS) $ 78.52
  • rocket-poolRocket Pool (RPL) $ 21.78
  • pax-goldPAX Gold (PAXG) $ 2,407.18
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008765
  • ravencoinRavencoin (RVN) $ 0.031640
  • venomVenom (VENOM) $ 0.260111
  • nosanaNosana (NOS) $ 5.15
  • zetachainZetaChain (ZETA) $ 1.62
  • holotokenHolo (HOT) $ 0.002421
  • compound-governance-tokenCompound (COMP) $ 62.18
  • siacoinSiacoin (SC) $ 0.007392
  • project-galaxyGalxe (GAL) $ 3.64
  • terra-luna-2Terra (LUNA) $ 0.608408
  • manta-networkManta Network (MANTA) $ 1.66
  • biconomyBiconomy (BICO) $ 0.528893

ADA Price Prediction – Can Cardano Bulls Overcome This Key Hurdle?

0 25

Cardano (ADA) is attempting a fresh increase above the $0.4500 resistance zone. ADA could gain bullish momentum if it settles above the 100 SMA (H4).

  • ADA price is slowly moving high above the $0.450 zone.
  • The price is trading below $0.480 and the 100 simple moving average (4 hours).
  • There was a break above a key bearish trend line with resistance at $0.4580 on the 4-hour chart of the ADA/USD pair (data source from Kraken).
  • The pair could gain bullish momentum if there is a clear move above $0.470.

Cardano Price Attempts Fresh Increase

In the past few days, Cardano started a recovery wave from the $0.4180 zone, like Bitcoin and Ethereum. ADA price broke the $0.4350 and $0.4420 levels to move into a short-term bullish zone.

There was a move above the 23.6% Fib retracement level of the downward move from the $0.5227 swing high to the $0.4180 low. Besides, there was a break above a key bearish trend line with resistance at $0.4580 on the 4-hour chart of the ADA/USD pair.

Cardano is now trading below $0.480 and the 100 simple moving average (4 hours). On the upside, immediate resistance is near the $0.4650 zone and the 100 simple moving average (4 hours).

The first resistance is near $0.470 or the 50% Fib retracement level of the downward move from the $0.5227 swing high to the $0.4180 low. The next key resistance might be $0.4980. If there is a close above the $0.4980 resistance, the price could start a strong rally.

ADA Price Prediction – Can Cardano Bulls Overcome This Key Hurdle?

Source: ADAUSD on TradingView.com

In the stated case, the price could rise toward the $0.5250 region. Any more gains might call for a move toward $0.5650.

Another Decline in ADA?

If Cardano’s price fails to climb above the $0.470 resistance level and the 100 simple moving average (4 hours), it could start another decline. Immediate support on the downside is near the $0.450 level.

The next major support is near the $0.4350 level. A downside break below the $0.4350 level could open the doors for a test of $0.4180. The next major support is near the $0.3880 level.

Technical Indicators

4 hours MACD – The MACD for ADA/USD is losing momentum in the bearish zone.

4 hours RSI (Relative Strength Index) – The RSI for ADA/USD is now above the 50 level.

Major Support Levels – $0.4500, $0.4350, and $0.4180.

Major Resistance Levels – $0.4700, $0.4980, and $0.5250.

Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Source

Leave A Reply

Your email address will not be published.