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ada, analysis, bearish, cardano, usd -

Key Highlights ADA price faced a strong selling interest near $0.2240 and declined against the US Dollar (tethered). There was a break below a crucial ascending channel with support at $0.2060 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is currently holding the $0.180 support level, but it remains at a risk of more declines. Cardano price is showing a few bearish signs against the US Dollar and Bitcoin. ADA/USD could continue to move down if it breaks the $0.1800 support level Cardano Price Downside Break There was a decent upside earlier this week above $0.1800...

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bitcoin, cardano, how to, time, to -

Cardano felt extremely strong during the December 2017 rally, and it went up from 250 satoshis up to 9180 satoshis, that is nearly 2500% growth in just over a month. ADA/BTC currently has corrected down to 2360 satoshis, where it is currently trading. At this level, Cardano should find the support, confirmed by the 76.4% Fibonacci retracement level. If the support holds and the downtrend trendline is broken, the bullish falling wedge pattern will be confirmed resulting in the continuation of the uptrend.     Sponsored As the bullish divergence is forming on the RSI oscillator, and price facing Fibonacci support, the reversal...

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ada, analysis, cardano, technical, usd -

Key Highlights ADA price remained in a bearish zone and it recently broke the $0.2840 support against the US Dollar (tethered). There is a major bearish trend line forming with resistance at $0.2780 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair may correct a few points in the short term, but it remains sell on rallies around $0.2800. Cardano price is placed in the bearish zone against the US Dollar and Bitcoin. ADA/USD is likely to decline further with supports on the downside at $0.2710 and $0.2600. Cardano Price Downtrend There was no respite for...

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bitcoin, cardano, crypto, etc, ethereum, ethereum classic, monero, neo, stellar, update -

Despite the recent bullish price action, the two largest coins have been struggling to get over the dominant broad declining trendline, and as the upside momentum faded away the majors turned lower in a concerted fashion today in early trading. The move warrants a more defensive position for short-term traders, but the long-term setup remains positive, and with the exception of the already slightly stretched coins, ETC, Monero, LTC, and Bitcoin, the pullback could be used to accumulate more coins. With the correction lows far below the current price levels in most cases, and several coins are still more than...

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