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Litlaleho tsa Theko ea ADA ea $0.40 'me Pholoso e Haufi e Fetoha Rally
Cardano (ADA) is gaining pace above the $0.40 resistance. ADA could rally if there is a clear move above the $0.432 and $0.450 resistance levels.
ADA price is moving higher above the $0.400 pivot level. The price is trading above $0.415 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.410 on the 4-hour chart of the ADA/USD pair (data source from Kraken). The pair could accelerate higher toward the $0.500 level or even $0.550.Cardano Price Starts Steady Increase
After forming a base above the $0.3750 level, Cardano started a steady increase. There was a break above the $0.388 and $0.400 resistance levels, but ADA lagged momentum like Bitcoin 'me Ethereum.
The price even climbed above the $0.420 resistance. A high was formed near $0.4293 and the price is now consolidating gains. It is trading above the 23.3% Fib retracement level of the upward move from the $0.3715 swing low to the $0.4293 high.
ADA is now trading above $0.415 and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support near $0.410 on the 4-hour chart of the ADA/USD pair.
Source: ADAUSD ho TradingView.com
On the upside, immediate resistance is near the $0.4250 zone. The first resistance is near $0.432. The next key resistance might be $0.450. If there is a close above the $0.450 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.50 region. Any more gains might call for a move toward $0.550.
Na Dips e Tšehetsoa ho ADA?
Haeba theko ea Cardano e hlōleha ho nyolohela ka holimo ho tekanyo ea ho hanyetsa ea $ 0.432, e ka qala ho lokisoa ka tlaase. Tšehetso e potlakileng ka lehlakoreng le tlaase e haufi le boemo ba $ 0.4150.
The next major support is near the $0.410 level and the trend line. A downside break below the $0.410 level could open the doors for a test of $0.388. The next major support is near the $0.372 level.
Technical matšoao
Lihora tse 4 MACD - MACD bakeng sa ADA/USD e ntse e eketseha sebakeng sa bullish.
Lihora tsa 4 RSI (Relative Strength Index) - RSI bakeng sa ADA / USD e se e le ka holimo ho boemo ba 50.
Maemo a Maholo a Tšehetso - $ 0.415, $ 0.410, le $ 0.388.
Maemo a Maholo a Khanyetso - $0.432, $0.450, le $0.500.
Mohloli oa pele: LitabaBTC