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Bullish
ADA Next Move—Are Traders Expecting a Big Push Higher?
Cardano began a rebound over $0.720. ADA is retracing gains and may bid at $0.7380.
ADA began a comeback from $0.690.
The price is above $0.720 and the 100-hour SMA.
The hourly ADA/USD chart shows a bullish trend line with support at $0.7385.
The pair might rise again if it breaks $0.7550 barrier.
Cardano Price Maintains Support
Cardano, like Bitcoin and Ethereum, recovered from $0.690 in recent days. ADA broke through $0.720 and $0.7320 barrier.
Even the $0.750 resistance zone was overcome. Price is holding gains after hitting $0.7661. A slight drop below $0.750 occurred. The price fell below the 23.6% Fib retracement level of the $0.6918 swing low to $0.7661 high.
Cardano is above $0.720 and the 100-hour SMA. On the hourly ADA/USD chart, a positive trend line connects to $0.7385.
Price may find resistance at $0.750 on the upside. Around $0.7550 is the initial resistance. The next hurdle may be $0.7620.
A closure above $0.7620 barrier might spark a powerful surge. In this situation, the price may reach $0.80. More increases may lead to $0.850 soon.
Another ADA Drop?
If Cardano fails to break $0.7550 barrier, it might fall again. The trend line and $0.7380 provide immediate downward support.
The next key support is $0.720, the 61.8% Fib retracement level of the upward advance from $0.6918 swing low to $0.7661 high. A drop below $0.720 might touch $0.690. The next significant support is $0.6550, where bulls may appear.
Tech Indicators
Hourly MACD - ADA/USD MACD is losing bullish momentum.
Hourly ADA/USD RSI is below 50.
Major Support Levels: $0.7380, $0.7200.
Major Resistance: $0.7550, $0.7620.
#cardano #ADA #USTariffs #WhaleMovements $ADA
Cardano began a rebound over $0.720. ADA is retracing gains and may bid at $0.7380.
ADA began a comeback from $0.690.
The price is above $0.720 and the 100-hour SMA.
The hourly ADA/USD chart shows a bullish trend line with support at $0.7385.
The pair might rise again if it breaks $0.7550 barrier.
Cardano Price Maintains Support
Cardano, like Bitcoin and Ethereum, recovered from $0.690 in recent days. ADA broke through $0.720 and $0.7320 barrier.
Even the $0.750 resistance zone was overcome. Price is holding gains after hitting $0.7661. A slight drop below $0.750 occurred. The price fell below the 23.6% Fib retracement level of the $0.6918 swing low to $0.7661 high.
Cardano is above $0.720 and the 100-hour SMA. On the hourly ADA/USD chart, a positive trend line connects to $0.7385.
Price may find resistance at $0.750 on the upside. Around $0.7550 is the initial resistance. The next hurdle may be $0.7620.
A closure above $0.7620 barrier might spark a powerful surge. In this situation, the price may reach $0.80. More increases may lead to $0.850 soon.
Another ADA Drop?
If Cardano fails to break $0.7550 barrier, it might fall again. The trend line and $0.7380 provide immediate downward support.
The next key support is $0.720, the 61.8% Fib retracement level of the upward advance from $0.6918 swing low to $0.7661 high. A drop below $0.720 might touch $0.690. The next significant support is $0.6550, where bulls may appear.
Tech Indicators
Hourly MACD - ADA/USD MACD is losing bullish momentum.
Hourly ADA/USD RSI is below 50.
Major Support Levels: $0.7380, $0.7200.
Major Resistance: $0.7550, $0.7620.
#cardano #ADA #USTariffs #WhaleMovements $ADA
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