By Bitcoinist - 5 mwa de sa - Lekti Tan: 2 minit
Cardano antre nan zòn demann kle, poukisa pri ADA ta ka rasanble a $0.46
Crypto analyst Ali Martinez has pointed out that Cardano (ADA) has entered into a key demand zone, a development that could bode good news for the price. According to the analysis, this key demand zone currently lies between $0.37 and $0.38, making a breakout likely.
Cardano Key Demand Zone
Nan la tablo shared by Ali, he points out that the key demand zone is between $0.37 and $0.38 mainly because of the widespread accumulation that took place in this region. A total of 166,470 wallets had purchased around 4.88 billion ADA at these price levels, making it their entry price.
Akimilasyon masiv sa a nan nivo sa yo vle di tou ke envestisè yo te anrejistre sipò enpòtan isit la tou, ki ta sèvi pou kenbe pri a moute. Anplis de sa, Ali fè remake ke rezistans pi wo a nivo sa a se tou minim. "Avèk rezistans minimòm devan ak sipò solid anba a, rete pi wo a zòn sa a ta ka pave wout la pou $ADA monte nan nouvo maksimòm chak ane," Ali te di.
Sepandan, analis la avèti tou envestisè yo dwe fè atansyon nan nivo sa a paske malgre gen anpil sipò, tonbe anba nivo sa a ta ka pwouve yon dezas pou pri a. "Toujou, gade soti, paske pèdi nivo sipò sa a ta ka deklanche yon koreksyon kout nan $ 0.34," li te avèti.
Pri ADA ta ka baril nan direksyon $0.46
Nan yon lòt afiche, the crypto analyst revealed that the Cardano TD Sequential indicator had presented a sell signal on the weekly chart. Like with any asset, this can point toward more downside in the future of the asset. This is even more threatening if the digital asset were to lose the previously identified support at $0.37. As the analyst points out, a fall below this support could send the ADA pri spiraling toward the $0.33 to $0.34 levels.
However, this bear signal could be invalidated if there was a close above $0.4. Since the ADA pri has had a hard time beating this resistance, a close above it would be very bullish and could begin an “advance toward $0.46!”
Looking at the 4-hour chart, the analyst revele that the 100-EMA has been the rebound zone for the digital. On the other side of this, $0.396 has been a level of stiff resistance. “The TD Sequential now presents a buy signal within this time frame around the 100-EMA, anticipating another rebound,” the analyst posits.
"Sepandan, ou dwe peye atansyon sou yon gwo lanp sèt branch 4 èdtan fèmen pi wo a $ 0.396 rezistans oswa anba a 100-EMA pou konfime direksyon #ADA tandans," Ali te di nan fèmen.
Sous orijinal: Bitcoinse