• bitcoinBitcoin (BTC) $ 51,092.00
  • ethereumEthereum (ETH) $ 2,941.53
  • tetherTether (USDT) $ 0.999973
  • bnbBNB (BNB) $ 377.44
  • solanaSolana (SOL) $ 103.69
  • xrpXRP (XRP) $ 0.538383
  • staked-etherLido Staked Ether (STETH) $ 2,938.45
  • usd-coinUSDC (USDC) $ 1.00
  • cardanoCardano (ADA) $ 0.588103
  • avalanche-2Avalanche (AVAX) $ 36.76
  • tronTRON (TRX) $ 0.139515
  • dogecoinDogecoin (DOGE) $ 0.083914
  • chainlinkChainlink (LINK) $ 18.26
  • polkadotPolkadot (DOT) $ 7.44
  • matic-networkPolygon (MATIC) $ 0.951776
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 51,076.00
  • the-open-networkToncoin (TON) $ 2.08
  • internet-computerInternet Computer (ICP) $ 12.82
  • shiba-inuShiba Inu (SHIB) $ 0.000010
  • uniswapUniswap (UNI) $ 7.31
  • litecoinLitecoin (LTC) $ 68.79
  • bitcoin-cashBitcoin Cash (BCH) $ 259.80
  • daiDai (DAI) $ 0.999836
  • immutable-xImmutable (IMX) $ 3.32
  • leo-tokenLEO Token (LEO) $ 4.18
  • bittensorBittensor (TAO) $ 607.64
  • kaspaKaspa (KAS) $ 0.168069
  • filecoinFilecoin (FIL) $ 7.43
  • cosmosCosmos Hub (ATOM) $ 9.78
  • hedera-hashgraphHedera (HBAR) $ 0.110874
  • blockstackStacks (STX) $ 2.57
  • ethereum-classicEthereum Classic (ETC) $ 25.71
  • optimismOptimism (OP) $ 3.68
  • aptosAptos (APT) $ 9.19
  • nearNEAR Protocol (NEAR) $ 3.19
  • stellarStellar (XLM) $ 0.115315
  • vechainVeChain (VET) $ 0.044361
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • okbOKB (OKB) $ 50.74
  • injective-protocolInjective (INJ) $ 34.40
  • celestiaCelestia (TIA) $ 17.13
  • lido-daoLido DAO (LDO) $ 3.04
  • render-tokenRender (RNDR) $ 7.18
  • the-graphThe Graph (GRT) $ 0.279548
  • mantleMantle (MNT) $ 0.763682
  • crypto-com-chainCronos (CRO) $ 0.090946
  • arbitrumArbitrum (ARB) $ 1.83
  • moneroMonero (XMR) $ 121.77
  • sei-networkSei (SEI) $ 0.841522
  • suiSui (SUI) $ 1.67
  • makerMaker (MKR) $ 2,028.88
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,233.66
  • beam-2Beam (BEAM) $ 0.034236
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,999.44
  • elrond-erd-2MultiversX (EGLD) $ 57.28
  • thorchainTHORChain (RUNE) $ 5.06
  • algorandAlgorand (ALGO) $ 0.188999
  • quant-networkQuant (QNT) $ 103.69
  • bitcoin-svBitcoin SV (BSV) $ 75.20
  • bitget-tokenBitget Token (BGB) $ 1.00
  • ordinalsORDI (ORDI) $ 64.43
  • aaveAave (AAVE) $ 91.17
  • starknetStarknet (STRK) $ 1.84
  • mina-protocolMina Protocol (MINA) $ 1.26
  • flowFlow (FLOW) $ 0.886902
  • heliumHelium (HNT) $ 9.10
  • dydx-chaindYdX (DYDX) $ 2.96
  • true-usdTrueUSD (TUSD) $ 0.973531
  • tokenize-xchangeTokenize Xchange (TKX) $ 15.50
  • theta-tokenTheta Network (THETA) $ 1.21
  • flare-networksFlare (FLR) $ 0.033957
  • fetch-aiFetch.ai (FET) $ 1.12
  • havvenSynthetix Network (SNX) $ 3.54
  • chilizChiliz (CHZ) $ 0.128801
  • fantomFantom (FTM) $ 0.406926
  • worldcoin-wldWorldcoin (WLD) $ 8.42
  • the-sandboxThe Sandbox (SAND) $ 0.488895
  • axie-infinityAxie Infinity (AXS) $ 7.67
  • bittorrentBitTorrent (BTT) $ 0.000001
  • dymensionDymension (DYM) $ 7.03
  • cheeleeCheelee (CHEEL) $ 18.78
  • whitebitWhiteBIT Coin (WBT) $ 7.01
  • kucoin-sharesKuCoin (KCS) $ 10.45
  • tezosTezos (XTZ) $ 1.11
  • apecoinApeCoin (APE) $ 1.68
  • blurBlur (BLUR) $ 0.696504
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000047
  • osmosisOsmosis (OSMO) $ 1.54
  • galaGALA (GALA) $ 0.028133
  • siacoinSiacoin (SC) $ 0.016791
  • akash-networkAkash Network (AKT) $ 4.12
  • roninRonin (RON) $ 3.11
  • frax-etherFrax Ether (FRXETH) $ 2,952.11
  • astarAstar (ASTR) $ 0.162366
  • conflux-tokenConflux (CFX) $ 0.237432
  • dydxdYdX (ETHDYDX) $ 2.96
  • decentralandDecentraland (MANA) $ 0.480278
  • singularitynetSingularityNET (AGIX) $ 0.697142
  • neoNEO (NEO) $ 12.37
  • eosEOS (EOS) $ 0.761170
  • arweaveArweave (AR) $ 13.30
  • iotaIOTA (IOTA) $ 0.270423
  • kavaKava (KAVA) $ 0.765519
  • manta-networkManta Network (MANTA) $ 3.30
  • pyth-networkPyth Network (PYTH) $ 0.548154
  • gnosisGnosis (GNO) $ 312.76
  • axelarAxelar (AXL) $ 1.40
  • oasis-networkOasis Network (ROSE) $ 0.118599
  • woo-networkWOO (WOO) $ 0.426300
  • klay-tokenKlaytn (KLAY) $ 0.220945
  • bonkBonk (BONK) $ 0.000012
  • wemix-tokenWEMIX (WEMIX) $ 2.07
  • jasmycoinJasmyCoin (JASMY) $ 0.015406
  • usddUSDD (USDD) $ 0.998640
  • swethSwell Ethereum (SWETH) $ 3,003.50
  • msolMarinade staked SOL (MSOL) $ 121.67
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000121
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.86
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,157.46
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.79
  • frax-shareFrax Share (FXS) $ 8.43
  • fraxFrax (FRAX) $ 0.996533
  • nexoNEXO (NEXO) $ 1.14
  • ecasheCash (XEC) $ 0.000033
  • jupiter-exchange-solanaJupiter (JUP) $ 0.470440
  • gatechain-tokenGate (GT) $ 4.69
  • curve-dao-tokenCurve DAO (CRV) $ 0.548785
  • illuviumIlluvium (ILV) $ 95.47
  • altlayerAltLayer (ALT) $ 0.535058
  • xdce-crowd-saleXDC Network (XDC) $ 0.041367
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,117.02
  • ondo-financeOndo (ONDO) $ 0.382021
  • rocket-poolRocket Pool (RPL) $ 27.42
  • iotexIoTeX (IOTX) $ 0.057896
  • corgiaiCorgiAI (CORGIAI) $ 0.001807
  • zetachainZetaChain (ZETA) $ 2.27
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.28
  • coredaoorgCore (CORE) $ 0.613795
  • 1inch1inch (1INCH) $ 0.440291
  • tether-goldTether Gold (XAUT) $ 2,023.81
  • kujiraKujira (KUJI) $ 4.05
  • fasttokenFasttoken (FTN) $ 1.63
  • pepePepe (PEPE) $ 0.000001
  • radixRadix (XRD) $ 0.047223
  • casper-networkCasper Network (CSPR) $ 0.040609
  • lido-staked-solLido Staked SOL (STSOL) $ 120.99
  • livepeerLivepeer (LPT) $ 15.17
  • superfarmSuperVerse (SUPER) $ 1.04
  • enjincoinEnjin Coin (ENJ) $ 0.329209
  • nervos-networkNervos Network (CKB) $ 0.010639
  • stepnGMT (GMT) $ 0.262233
  • neutron-3Neutron (NTRN) $ 1.62
  • compound-wrapped-btccWBTC (CWBTC) $ 1,026.38
  • metis-tokenMetis (METIS) $ 85.73
  • ocean-protocolOcean Protocol (OCEAN) $ 0.744614
  • apenftAPENFT (NFT) $ 0.00000045
  • skaleSKALE (SKL) $ 0.085617
  • aelfaelf (ELF) $ 0.629585
  • terra-luna-2Terra (LUNA) $ 0.662424
  • gmxGMX (GMX) $ 45.76
  • bitcoin-goldBitcoin Gold (BTG) $ 24.60
  • echelon-primeEchelon Prime (PRIME) $ 12.50
  • compound-ethercETH (CETH) $ 59.15
  • ribbon-financeRibbon Finance (RBN) $ 0.463581
  • kusamaKusama (KSM) $ 46.45
  • pixelsPixels (PIXEL) $ 0.534457
  • aleph-zeroAleph Zero (AZERO) $ 1.35
  • holotokenHolo (HOT) $ 0.002305
  • api3API3 (API3) $ 3.95
  • mask-networkMask Network (MASK) $ 4.27
  • zilliqaZilliqa (ZIL) $ 0.023066
  • zcashZcash (ZEC) $ 27.54
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • pax-goldPAX Gold (PAXG) $ 2,001.15
  • compound-governance-tokenCompound (COMP) $ 58.98
  • gasGas (GAS) $ 6.19
  • pocket-networkPocket Network (POKT) $ 0.244306
  • desoDecentralized Social (DESO) $ 37.97
  • convex-financeConvex Finance (CVX) $ 4.81
  • hytopiaHytopia (TOPIA) $ 0.077979
  • strideStride (STRD) $ 4.34
  • celoCelo (CELO) $ 0.732667
  • basic-attention-tokenBasic Attention (BAT) $ 0.254092
  • stader-ethxStader ETHx (ETHX) $ 3,004.09
  • vethor-tokenVeThor (VTHO) $ 0.005117
  • golemGolem (GLM) $ 0.367719
  • rollbit-coinRollbit Coin (RLB) $ 0.127196
  • moonbeamMoonbeam (GLMR) $ 0.434805
  • safepalSafePal (SFP) $ 0.765079
  • helium-mobileHelium Mobile (MOBILE) $ 0.004257
  • xai-blockchainXai (XAI) $ 1.28
  • dashDash (DASH) $ 29.94
  • qtumQtum (QTUM) $ 3.25
  • oec-tokenOKT Chain (OKT) $ 18.92
  • flokiFLOKI (FLOKI) $ 0.000034
  • magicMagic (MAGIC) $ 1.29
  • nemNEM (XEM) $ 0.037182
  • origintrailOriginTrail (TRAC) $ 0.857364
  • chromawayChromia (CHR) $ 0.415048
  • chiaChia (XCH) $ 32.38

Cardano Price Remains Stable And Holds Above The $0.57 Low

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The price of Cardano (ADA) has been moving sideways since the end of the uptrend on December 13.

Long-term forecast for the Cardano price: bullish

The cryptocurrency reached a high of $0.67 before being pushed back. Cardano was unable to break through the $0.70 resistance level. The altcoin is now trading above the 21-day SMA but below the previous high of $0.65. The barrier at $0.65 has further slowed down the upward movement. The altcoin is now trading between $0.57 and $0.66. The price movement has remained stable due to the doji candlesticks.

The price of the cryptocurrency is currently retesting the 21-day SMA. On the downside, selling pressure will increase again if the bears break above the 21-day SMA and the negative momentum continues. Cardano will fall above the 50-day simple moving average (SMA) or the low at $0.46.

Analysis of Cardano indicators

Cardano has remained solid as the bulls defend the 21-day SMA support. The cryptocurrency will fall if the bears break below the 21-day SMA. The moving average lines on the 4-hour chart are sloping horizontally, indicating a sideways trend. Doji candlesticks dominate the price action and limit the price movement.

Technical indicators

Key resistance zones: $0.50, $0.55, $0.60

Key support zones: $0.30, $0.25, $0.20

Cardano Price Remains Stable And Holds Above The $0.57 Low

What is the next move for Cardano?

Cardano is currently trading in the bullish trend zone, with buyers keeping the price above the 21-day simple moving average. Price action is limited to the $0.58 to $0.65 range. Cardano will resume its uptrend if buyers break above the $0.65 and $0.70 resistance levels. The current trend will be halted if the bears break below the 21-day SMA.

On December 18, Cardano hit a low of $0.54 as bulls reacted to the declines. And on December 20, ADA/USD is trading at $0.58, as reported by Coinidol.com.

Cardano Price Remains Stable And Holds Above The $0.57 Low

Disclaimer. This analysis and forecast are the personal opinions of the author and are not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do the research before investing in funds.

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