In the previous Cardano technical analysis, we mentioned that the cryptocurrency pair is in a bear market, and the downtrend will likely resume after the consolidation phase ends. A week...
Cardano Analysis
FxNews—Cardano‘s primary trend is bearish as the crypto hovers below EMA 50 and the 23.6% Fibonacci at about $0.469 against the U.S. Dollar. Interestingly, the ADA/USD broke out from the...
Cardano has been in a downtrend since March 14, and as of writing, the ADAUSD trades at about 0.44 against the U.S. Dollar. The daily chart below shows how the...
Cardano’s price experienced a notable drop from the 0.653 resistance level—currently, ADAUSD hovers near the 0.6351 pivot point. A hammer candlestick pattern emerged in the daily chart at this pivot,...
In today’s comprehensive Cardano technical analysis, we will first scrutinize the current news about Cardano. Following that, we will meticulously delve into the details of the technical analysis of the...
