- Cardano (ADA) price today recorded at $0.594 mark in 60 days.
- ADA Crypto is trading above the green moving lines of the EMA Ribbon indicator.
- ADA coin with bitcoin pair is up 4% at 0.00002373 satoshis.
Cardano (ADA) is following in the footsteps of the industry leader, bitcoin. Buyers were battling below the critical $0.54 breakpoint as of last week. The growth in Cardano’s current valuation was directly driven by the investment’s price hike, which began with the current surge. After trading for almost two months, ADA finally broke over the $0.55 barrier level. 0.55
ADA is backing the bulls after a significant increase in price last night. As a result, today’s purchasers appear to be highly competitive. Meanwhile, the cryptocurrency is now trading at $0.587 at the time of writing. The bulls are now driving the asset price towards the next resistance level at $0.70.
ຫລວງຂອງຕະຫຼາດຂອງ ADA / USD has reached above $19.8 billion according to CMC, with a gain of 4.2% in the last 24 hours. Amidst the increased price, trading volume increased by 6% compared to the previous night. Furthermore, the ADA coin with the bitcoin pair is up 4% at 0.00002373 satoshis.
Bulls Aim to Push ADA Towards 200-DMA
ໃນແງ່ຂອງຂະຫນາດລາຄາປະຈໍາວັນ, ADA Crypto is trading above the green moving lines of the EMA Ribbon Indicator. This bullish signal may act as strong support for the buyers, as they witness a further retracement phase.
Along with the uptrend, the RSI indicator is about to move into an overbought zone on the daily price scale.
ສະຫຼຸບ
ADA bulls look aggressive after a bullish breakout above the resistance level. Buyers need to manage the latest support area to see further upside.
ລະດັບສະຫນັບສະຫນູນ – $0.4 ແລະ $0.30
ລະດັບການຕໍ່ຕ້ານ - $ 0.7 ແລະ $ 1.0
ຂໍ້ສັງເກດ
ທັດສະນະແລະຄວາມຄິດເຫັນທີ່ຂຽນໂດຍຜູ້ຂຽນ, ຫຼືຄົນທີ່ມີຊື່ໃນບົດຄວາມນີ້, ແມ່ນສໍາລັບຄວາມຄິດທີ່ເປັນຂໍ້ມູນເທົ່ານັ້ນ. ພວກເຂົາເຈົ້າບໍ່ໄດ້ສ້າງຕັ້ງທາງດ້ານການເງິນ, ການລົງທຶນ, ຫຼືຄໍາແນະນໍາອື່ນໆ. ການລົງທຶນໃນຫຼືການຊື້ຂາຍຊັບສິນ crypto ມາພ້ອມກັບຄວາມສ່ຽງຂອງການສູນເສຍທາງດ້ານການເງິນ.
Source: https://www.thecoinrepublic.com/2022/08/14/cardano-price-analysis-ada-flipped-bears-dominance-heres-buyers-next-strategy/