Cardano kainos prognozė: ADA investuotojai ruošiasi Naujųjų metų šventėms, pasiruoškite 

Cardano Price Prediction

  • Cardano price is escaping a short term bullish trendline on the 4-hours chart.
  • The market capitalization increased by 2.8% in the last 24 hours to a reported $10.99 billion.
  • The MACD indicator is about to provide bullish crossovers on a daily basis.

The price of Cardano (ADA) declined significantly during November due to the crypto market crash. This sharp price drop has left many cryptocurrency traders exhausted over the past few days. Also the overall market capitalization burned almost $200 million throughout the downtrend.

The market behavior is clearly showing the dominance of the bears over the altcoins, but here the bulls enter to spread a bit of positivity. Bulls are pulling money in Cardano while the price is nearing its yearly low.

Cardano Price Prediction on 4 Hour Chart 

As per price action, bears often sold-out the Cardano price near the downsloping trendline (above the chart). Eventually, buyers break this downsloping slope in intraday trading sessions. Meanwhile, the ADA price against the USDT pair is trading higher by 1.35% today while the price is trading at $0.3188 mark. 

Due to positive breakout the market capitalization enhances 2.8% in the last 24 hours, reported by $10.99 Billion. Trading volume was seen neutral at $219.8 Million overnight. However, volume is very low for robust trend reversal. 

Cardano Price Prediction on the Behalf of Technical Indicators 

ADA investors have a key demand zone at $0.30 level, on the other hand, the $0.40-level may act as an upcoming bullish hurdle. Bullish rally is likely after bullish breakout and Stoch RSI is headed towards the sky territory as well.

Simple RSI indicator appears flat lower the semi-line (50 mark). Above this halfway buyers may accumulate aggressively. And MACD indicator is going to provide bullish crossover on a daily basis.

Išvada 

Notably the Cardano price survived over the $0.30 support level during a scary downfall. After bullish breakout, little possible rally is spotted in ADA crypto. As well as, the Stoch RSI is increasing towards a higher zone. 

Palaikymo lygis – $0.30

Atsparumo lygis - $ 0.38 ir $ 0.60

Atsakomybės neigimas 

Autoriaus ar bet kurių šiame straipsnyje įvardytų žmonių išsakytos pažiūros ir nuomonės yra tik informacinio pobūdžio ir nėra finansinės, investicinės ar kitos konsultacijos. Investuojant į kriptovaliutų turtą arba prekiaujant juo, kyla finansinių nuostolių rizika.

Source: https://www.thecoinrepublic.com/2022/11/26/cardano-price-prediction-ada-investors-prepare-for-new-years-celebrations-get-ready/