After witnessing a series of drops in the past weeks, Cardano reached a critical trading area where a major bounce or breakdown may come into play. Now negotiating for the next direction. The price of Cardano looks overstretched following past weeks of negative actions across the market. Due to the […]

Cardano’s price remained intact in a channel pattern after shedding a lot of loss in five months. It recently found support on the channel’s lower boundary after consolidating for a week. Recovery lies ahead! The much-anticipated correction to the $0.35 level finally occurred last week after a three-week decline. At […]

Cardano fell from a vital resistance level in mid-April after witnessing a steady increase for a month. It has found temporal support, but there’s not enough volatility to initiate a buy. The support may collapse soon. The price of ADA has been on the rise since the start of the […]

After witnessing low volatility for several days, Cardano surpassed a psychological level and printed a new high. It fell throughout this week and shed a 15% loss in a week. But recovery is underway. Before surging through the $0.40 resistance level last week, Cardano witnessed a serious shrink in volatility […]

Cardano’s bullish trajectory remains intact amid the indecisiveness amongst top altcoins. It has formed a double-bottom pattern on the higher time frame but still needs a break to validate a bull run. The crucial $0.4 resistance level has become a strong reverse point for Cardano since it regained momentum in […]

Cardano appears to have found support on a crucial trendline after past weeks of drops. It must reiterate the latest positive actions for the next few days to signal a bullish reversal. After a three-week decline, Cardano finally retested the eight-month descending trendline that got flipped in January. It found […]

Cardano resumed bearish last week after marking a multi-month high at $0.42. After trading calmly above the monthly low for two days, it is now trying to initiate another sell-off due to the latest reduction across the crypto space. The month of February has appeared to be a correction phase […]

The price of Cardano is notably down today due to the sharp dive in Bitcoin’s price. The trend now appears to have shifted in favor of the bears. Cardano has finally taken a downturn after rising by over 50% in the past weeks. Following Bitcoin, it has lost roughly 10% […]

The price of Cardano continued to increase as it joined other top cryptocurrencies in the latest recovery. Alongside Bitcoin, it broke out of a descending channel and struggled for more gains. Cardano recently found local support at $0.24 and slowly bounced back. It started the month on a bullish note, […]