ADA Prezo (Cardano) Rompi Ĉi tiun Reziston Povus Fajli Alcistajn Movojn

De NewsBTC - antaŭ 11 monatoj - Lega Tempo: 2 minutoj

ADA Prezo (Cardano) Rompi Ĉi tiun Reziston Povus Fajli Alcistajn Movojn

Cardano’s price is attempting a recovery wave above $0.375. ADA could gain bullish momentum if it settles above the $0.3850 resistance zone.

ADA price is slowly moving higher from the $0.360 zone against the US dollar. The price is trading above $0.370 and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.369 on the 4-hour chart of the ADA/USD pair (data source from Kraken). The pair could start a decent increase if it settles above the $0.3850 resistance zone.

Cardano’s ADA Price Attempts Recovery

This past week, Cardano’s price declined toward the key $0.354 support zone. The bulls managed to stay in action and averted a major downside break below $0.3540.

A low was formed near $0.3536 and the price started a recovery wave. There was a move above the $0.365 and $0.375 resistance levels. Besides, there was a break above a key bearish trend line with resistance near $0.369 on the 4-hour chart of the ADA/USD pair.

The price is up 3% and showing a few positive signs, similar to Bitcoin kaj Ethereum. The bears are now protecting more gains above the $0.3850 resistance. A high is formed near $0.3850 and the price is consolidating gains. ADA price is trading above $0.370 and the 100 simple moving average (4 hours). It might soon test the 23.6% Fib retracement level of the recent wave from the $0.3536 swing low to the $0.3850 high.

Fonto: ADAUSD ĉe TradingView.com

On the upside, immediate resistance is near the $0.385 zone. The next major resistance is forming near the $0.396 zone. If there is an upside break above the $0.385 and $0.396 resistance levels, the price could start a decent increase. In the stated case, the price could even surpass the $0.420 resistance zone. The next key resistance might be $0.432, above which it could test $0.45.

Fresh Decline in ADA?

If Cardano’s price fails to climb above the $0.385 and $0.396 resistance levels, it could start another decline. Immediate support on the downside is near the $0.375 level.

The next major support is near the $0.368 level or the 50% Fib retracement level of the recent wave from the $0.3536 swing low to the $0.3850 high. A downside break below the $0.368 level could open the doors for a fresh decline toward $0.354. The next major support is near the $0.332 level.

Teknikaj Indikiloj

4 hours MACD – The MACD for ADA/USD is losing momentum in the bullish zone.

4 horoj RSI (Indekso de Relativa Forto) - La RSI por ADA / USD nun estas super la 50-nivelo.

Gravaj Subtenaj Niveloj - $ 0.375, $ 0.368 kaj $ 0.354.

Gravaj Rezistniveloj - $ 0.385, $ 0.396 kaj $ 0.420.

Originala fonto: NovaĵojBTC