• bitcoinBitcoin (BTC) $ 59,938.00
  • ethereumEthereum (ETH) $ 3,187.80
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 536.54
  • solanaSolana (SOL) $ 144.81
  • usd-coinUSDC (USDC) $ 0.999766
  • staked-etherLido Staked Ether (STETH) $ 3,192.38
  • xrpXRP (XRP) $ 0.532294
  • the-open-networkToncoin (TON) $ 7.32
  • dogecoinDogecoin (DOGE) $ 0.112598
  • cardanoCardano (ADA) $ 0.432502
  • tronTRON (TRX) $ 0.137415
  • avalanche-2Avalanche (AVAX) $ 25.70
  • shiba-inuShiba Inu (SHIB) $ 0.000017
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 59,970.00
  • polkadotPolkadot (DOT) $ 6.24
  • chainlinkChainlink (LINK) $ 13.23
  • bitcoin-cashBitcoin Cash (BCH) $ 368.71
  • uniswapUniswap (UNI) $ 8.18
  • nearNEAR Protocol (NEAR) $ 5.27
  • leo-tokenLEO Token (LEO) $ 5.82
  • daiDai (DAI) $ 0.999776
  • litecoinLitecoin (LTC) $ 69.59
  • matic-networkPolygon (MATIC) $ 0.522450
  • wrapped-eethWrapped eETH (WEETH) $ 3,324.75
  • kaspaKaspa (KAS) $ 0.169573
  • internet-computerInternet Computer (ICP) $ 8.58
  • pepePepe (PEPE) $ 0.000009
  • ethena-usdeEthena USDe (USDE) $ 0.998766
  • ethereum-classicEthereum Classic (ETC) $ 22.46
  • stellarStellar (XLM) $ 0.105239
  • aptosAptos (APT) $ 6.57
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.18
  • moneroMonero (XMR) $ 158.13
  • makerMaker (MKR) $ 2,781.95
  • hedera-hashgraphHedera (HBAR) $ 0.070915
  • vechainVeChain (VET) $ 0.030799
  • blockstackStacks (STX) $ 1.69
  • crypto-com-chainCronos (CRO) $ 0.092701
  • cosmosCosmos Hub (ATOM) $ 6.14
  • filecoinFilecoin (FIL) $ 4.21
  • okbOKB (OKB) $ 39.88
  • render-tokenRender (RNDR) $ 6.08
  • mantleMantle (MNT) $ 0.717511
  • arbitrumArbitrum (ARB) $ 0.710228
  • immutable-xImmutable (IMX) $ 1.36
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,233.57
  • injective-protocolInjective (INJ) $ 20.51
  • suiSui (SUI) $ 0.792980
  • optimismOptimism (OP) $ 1.76
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999532
  • bittensorBittensor (TAO) $ 262.21
  • the-graphThe Graph (GRT) $ 0.190577
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,568.97
  • dogwifcoindogwifhat (WIF) $ 1.68
  • bonkBonk (BONK) $ 0.000023
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,310.80
  • arweaveArweave (AR) $ 24.30
  • aaveAave (AAVE) $ 104.19
  • lido-daoLido DAO (LDO) $ 1.71
  • notcoinNotcoin (NOT) $ 0.014850
  • bitget-tokenBitget Token (BGB) $ 1.04
  • theta-tokenTheta Network (THETA) $ 1.42
  • ondo-financeOndo (ONDO) $ 0.979579
  • flokiFLOKI (FLOKI) $ 0.000145
  • whitebitWhiteBIT Coin (WBT) $ 9.57
  • fantomFantom (FTM) $ 0.477551
  • thorchainTHORChain (RUNE) $ 3.73
  • algorandAlgorand (ALGO) $ 0.149372
  • celestiaCelestia (TIA) $ 6.11
  • jasmycoinJasmyCoin (JASMY) $ 0.024299
  • based-brettBrett (BRETT) $ 0.115953
  • pyth-networkPyth Network (PYTH) $ 0.304031
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,190.37
  • jupiter-exchange-solanaJupiter (JUP) $ 0.802222
  • quant-networkQuant (QNT) $ 73.96
  • coredaoorgCore (CORE) $ 1.15
  • sei-networkSei (SEI) $ 0.321330
  • elrond-erd-2MultiversX (EGLD) $ 35.23
  • gatechain-tokenGate (GT) $ 7.26
  • flare-networksFlare (FLR) $ 0.019911
  • mantra-daoMANTRA (OM) $ 1.07
  • kucoin-sharesKuCoin (KCS) $ 9.27
  • flowFlow (FLOW) $ 0.570739
  • eosEOS (EOS) $ 0.563863
  • ethereum-name-serviceEthereum Name Service (ENS) $ 26.31
  • akash-networkAkash Network (AKT) $ 3.42
  • dydx-chaindYdX (DYDX) $ 1.36
  • axie-infinityAxie Infinity (AXS) $ 5.54
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,241.70
  • bitcoin-svBitcoin SV (BSV) $ 41.04
  • tokenize-xchangeTokenize Xchange (TKX) $ 10.06
  • bittorrentBitTorrent (BTT) $ 0.00000081
  • galaGALA (GALA) $ 0.021395
  • msolMarinade Staked SOL (MSOL) $ 174.16
  • tezosTezos (XTZ) $ 0.778528
  • beam-2Beam (BEAM) $ 0.015202
  • neoNEO (NEO) $ 10.68
  • starknetStarknet (STRK) $ 0.570096
  • fasttokenFasttoken (FTN) $ 2.32
  • usddUSDD (USDD) $ 0.998406
  • the-sandboxThe Sandbox (SAND) $ 0.316182
  • roninRonin (RON) $ 2.12
  • zebec-protocolZebec Protocol (ZBC) $ 0.013794
  • gnosisGnosis (GNO) $ 265.47
  • ordinalsORDI (ORDI) $ 32.69
  • lido-staked-solLido Staked SOL (STSOL) $ 170.38
  • ethenaEthena (ENA) $ 0.385843
  • conflux-tokenConflux (CFX) $ 0.154370
  • fraxFrax (FRAX) $ 0.996282
  • nexoNEXO (NEXO) $ 1.16
  • mog-coinMog Coin (MOG) $ 0.000002
  • frax-etherFrax Ether (FRXETH) $ 3,177.56
  • pendlePendle (PENDLE) $ 4.00
  • decentralandDecentraland (MANA) $ 0.331778
  • ecasheCash (XEC) $ 0.000031
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,433.65
  • chilizChiliz (CHZ) $ 0.067409
  • tether-goldTether Gold (XAUT) $ 2,411.24
  • safeSafe (SAFE) $ 1.37
  • zksyncZKsync (ZK) $ 0.158625
  • dexeDeXe (DEXE) $ 10.10
  • havvenSynthetix Network (SNX) $ 1.76
  • mina-protocolMina Protocol (MINA) $ 0.507050
  • popcatPopcat (POPCAT) $ 0.583461
  • oasis-networkOasis Network (ROSE) $ 0.081370
  • klay-tokenKlaytn (KLAY) $ 0.146801
  • iotaIOTA (IOTA) $ 0.160300
  • book-of-memeBOOK OF MEME (BOME) $ 0.007760
  • heliumHelium (HNT) $ 3.18
  • swethSwell Ethereum (SWETH) $ 3,377.54
  • 1inch1inch (1INCH) $ 0.419833
  • astarAstar (ASTR) $ 0.074249
  • wemix-tokenWEMIX (WEMIX) $ 1.28
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.89
  • axelarAxelar (AXL) $ 0.699967
  • wormholeWormhole (W) $ 0.279482
  • apecoinApeCoin (APE) $ 0.737166
  • worldcoin-wldWorldcoin (WLD) $ 1.81
  • true-usdTrueUSD (TUSD) $ 0.998419
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,475.96
  • nervos-networkNervos Network (CKB) $ 0.010995
  • raydiumRaydium (RAY) $ 1.81
  • aioz-networkAIOZ Network (AIOZ) $ 0.430782
  • xdce-crowd-saleXDC Network (XDC) $ 0.030835
  • livepeerLivepeer (LPT) $ 13.69
  • theta-fuelTheta Fuel (TFUEL) $ 0.068378
  • pax-goldPAX Gold (PAXG) $ 2,401.22
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.004434
  • zcashZcash (ZEC) $ 28.92
  • apenftAPENFT (NFT) $ 0.00000044
  • bitcoin-goldBitcoin Gold (BTG) $ 24.76
  • kavaKava (KAVA) $ 0.400278
  • illuviumIlluvium (ILV) $ 64.88
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.01
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000020
  • layerzeroLayerZero (ZRO) $ 3.75
  • stader-ethxStader ETHx (ETHX) $ 3,295.87
  • usdbUSDB (USDB) $ 0.995633
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000073
  • aevo-exchangeAevo (AEVO) $ 0.468590
  • aerodrome-financeAerodrome Finance (AERO) $ 0.744927
  • paypal-usdPayPal USD (PYUSD) $ 0.998814
  • iotexIoTeX (IOTX) $ 0.039319
  • mx-tokenMX (MX) $ 3.82
  • woo-networkWOO (WOO) $ 0.191611
  • echelon-primeEchelon Prime (PRIME) $ 8.44
  • safepalSafePal (SFP) $ 0.766381
  • singularitynetSingularityNET (AGIX) $ 0.513782
  • h2o-daoH2O Dao (H2O) $ 0.425562
  • corgiaiCorgiAI (CORGIAI) $ 0.001021
  • magaMAGA (TRUMP) $ 7.37
  • kusamaKusama (KSM) $ 22.39
  • compound-ethercETH (CETH) $ 64.12
  • compound-governance-tokenCompound (COMP) $ 49.10
  • constitutiondaoConstitutionDAO (PEOPLE) $ 0.066474
  • rocket-poolRocket Pool (RPL) $ 16.37
  • curve-dao-tokenCurve DAO (CRV) $ 0.280987
  • stepnGMT (GMT) $ 0.146126
  • osmosisOsmosis (OSMO) $ 0.480663
  • aragonAragon (ANT) $ 8.05
  • memecoin-2Memecoin (MEME) $ 0.014571
  • arkhamArkham (ARKM) $ 1.36
  • golemGolem (GLM) $ 0.315638
  • dashDash (DASH) $ 26.52
  • dydxdYdX (ETHDYDX) $ 1.36
  • holotokenHolo (HOT) $ 0.001728
  • compound-wrapped-btccWBTC (CWBTC) $ 1,204.67
  • zilliqaZilliqa (ZIL) $ 0.016189
  • beldexBeldex (BDX) $ 0.044869
  • project-galaxyGalxe (GAL) $ 2.52
  • blurBlur (BLUR) $ 0.171595
  • radixRadix (XRD) $ 0.028173
  • justJUST (JST) $ 0.029771
  • celoCelo (CELO) $ 0.534947
  • blastBlast (BLAST) $ 0.016296
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.003225
  • manta-networkManta Network (MANTA) $ 0.844923
  • superfarmSuperVerse (SUPER) $ 0.630735
  • enjincoinEnjin Coin (ENJ) $ 0.172158

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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