- ADA price is struggling to clear the $1.40 resistance against the US Dollar.
- The price is now testing the $1.30 support and the 55 simple moving average (4-hours).
- Van egy nagy bullish trendvonal kialakulása, amelynek támogatása megközelíti a 1.30 dollárt a 4 órás grafikonon (adatátvitel a Bitfinexen keresztül).
- The price could extend its decline, but the bulls might protect the $1.20 and $1.15 support levels.
Cardano price is facing an uphill task near $1.40 against the US Dollar, similar to bitcoin. ADA price must stay above $1.20 to remain in a positive territory.
Cardano ár-elemzés
After trading close to the $1.20 support, cardano price started a fresh increase against the US Dollar. The ADA/USD pair broke the $1.25 resistance to move into a positive zone.
Az árfolyam még a 1.35 dolláros szint fölé is kúszott, és szépen beállt a fölé 55 egyszerű mozgóátlag (4 óra). However, the bears were again active near the $1.40 level. A high was formed near $1.39 and the price is now correcting gains.
It broke the $1.36 and $1.35 support levels. There was a break below the 23.6% Fib retracement level of the upward wave from the $1.21 swing low to $1.39 high.
ADA is now testing the $1.30 support and the 55 simple moving average (4-hours). There is also a major bullish trend line forming with support near $1.30 on the 4-hours chart. The trend line is close to the 50% Fib retracement level of the upward wave from the $1.21 swing low to $1.39 high.
The next major support on the downside is near the $1.258 level. Any more losses could lead the price towards the main breakdown support at $1.20.
On the upside, an initial resistance is near the $1.32 level. The first major resistance is now near the $1.35 level. The main hurdle is still near the $1.40 level. A clear close above the $1.40 level could spark a decent move towards the $1.50 level.
Cardano (ADA) ár
A chart indicates that ADA price is clearly testing the $1.30 support and the 55 simple moving average (4-hours). Overall, the price could extend its decline, but the bulls might protect the $1.20 and $1.15 support levels.
Műszaki mutatók
4 óra MACD - Az ADA / USD MACD-je most egyre nagyobb tempót mutat a bearish zónában.
4 hours RSI – The RSI for ADA/USD is now just below the 50 level.
Legfontosabb támogatási szintek - 1.30 és 1.20 dollár.
Kulcsellenállás - 1.35 és 1.40 dollár.
Source: https://www.livebitcoinnews.com/cardano-ada-price-analysis-bulls-remain-active-above-1-20/
