Cardano hinnaanalüüs 05/08: ADA Bears domineerib, kuid pühendumus kasvab ja potentsiaalsed sädemed tekitavad huvi – investorite hammustused

Cardano hinnaanalüüs 05/08: ADA Bears domineerib, kuid pühendumus kasvab ja potentsiaalne Sparks tekitab huvi – investorite hammustused

Ajatempel: 5. august 2023 7:33

EELVAADE

  • Cardano’s development outshines Ethereum, showing dedication to technology.
  • ADA faces bearish pressure, but intelligent investors see a potential buy opportunity.
  • Investors are cautious amid ADA’s declining value, yet a bullish reversal is anticipated.

The dedication of IOHk-Charles InputOutputHK’s team is evident when comparing Cardano’s development activity to Ethereum, as Cardano’s Github repository boasts 3x of the development activity of Ethereum. The IOHK team’s dedication shows their commitment to developing Cardano’s technology. 

However, during the past 24 hours, Cardano (ADA) bulls have struggled to gain turg control but have been unable to surpass the $0.2969 resistance level. In response to this hesitation, bears have recently seized control of ADA, causing the hind to decline to an intraday low of $0.2905. At press time, the price of ADA had decreased by 0.52% to $0.2914.

As a consequence of this expectation, investors fled the market, reducing ADA’s market capitalization and 24-hour trading volume to $10,204,622,272 and $191,751,932, respectively. This decline indicates that bears dominate the market, and traders are pessimistic about the bulls’ return chances.

The Keltner Channel bands are moving south, with the upper band at 0.304 and the lower band at 0.291, indicating that the ADA’s bearish momentum is strong and is likely to continue soon. This move reflects traders’ expectation that the price of ADA will continue to fall rapidly, but short-term traders may have a fantastic opportunity to profit.

A likely bullish reversal can be anticipated as the Aroon up reads 7.14%, and the Aroon down reads 35.71% on the ADA hinnagraafik. If investors become more active and take advantage of the current situation, this reading could cause the ADA price to rise.

Seetõttu peaksid kauplejad jälgima ADA-t ja olema valmis mis tahes tõusust kasu saama. See toiming võib olla kasulik investoritele, kes soovivad osta ADA-d, kuna see võib võimaldada neil seda teha allahindlusega ja saada kasu tulevasest hinnatõusust.

ADA/USD 4-tunnine hinnagraafik (Allikas: TradingView)
ADA/USD 4-tunnine hinnagraafik (Allikas: TradingView)

The ADA’s Relative Strength Index (RSI) currently stands at 33.58, recently falling below its signal line. This move suggests that ADA is facing a bearish market, which might present an appealing opportunity for investors to take advantage of potential gains. The decline in RSI suggests that selling pressure surpasses buying demand, indicating a possible further decrease in ADA’s value.

Investors should carefully assess whether the potential returns from investing in ADA outweigh the risks of a future decline in its value.

The Chaikin Money Flow (CMF) score for ADA is 0.01, indicating that it may be undervalued. This situation offers a promising chance for new investors to join the market and potentially benefit from favorable opportunities. A potential increase in the CMF could imply growing demand and higher desirability for ADA, potentially leading to a rise in its price.

ADA/USD 4-tunnine hinnagraafik (Allikas: TradingView)
ADA/USD 4-tunnine hinnagraafik (Allikas: TradingView)

In conclusion, Cardano’s dedication and potential for a bullish reversal make it a captivating choice for investors seeking future gains in the crypto market.

Lahtiütlus: Krüptovaluuta hind on väga spekulatiivne ja muutlik ning seda ei tohiks pidada finantsnõustamiseks. Varasemad ja praegused tulemused ei näita tulevasi tulemusi. Enne investeerimisotsuse tegemist uurige alati finantsnõustjaga teavet ja konsulteerige temaga.

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