ADA Price Prediction – Here’s Why Cardano Could Pump Again Above $0.75

Name	Symbol	Market	Market Cap ($)	Algorithm
Cardano	ADAUSD	Crypto	16,300,368,532	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Cardano

ADAUSD

Crypto

16,300,368,532

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.0019	0.41%	0.4654	0.4654	0.4655

Price Change

Price Change %

Current Price

Bid Price

Offer

0.0019

0.41%

0.4654

0.4655

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.4687	0.4607	0.4632	0.4635	0.216009 - 0.810200

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.4687

0.4607

0.4632

0.4635

0.216009 - 0.810200

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	12:56:54	7.84	0.4654	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

12:56:54

7.84

0.4654

USD

Price x Volume	Volume	Base Symbol	Related Pairs
2,909,686.55	6,274,498.56	ADA	ADAEUR	ADAGBP	ADABTC

Price x Volume

Volume

Base Symbol

Related Pairs

2,909,686.55

6,274,498.56

ADA Price Prediction – Here’s Why Cardano Could Pump Again Above $0.75

15/03/2024 5:28am

NEWSBTC

Cardano (ADA) is correcting gains from the $0.80 resistance zone. ADA could start a fresh increase if it stays above the $0.6880 support zone. ADA price is slowly moving lower from the $0.80 zone. The price is trading below $0.720 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.6880 on the 4-hour chart of the ADA/USD pair (data source from Kraken). The pair could attempt a fresh increase if the bulls remain active above the $0.680 support. Cardano Price Reaches Key Support After forming a base above the $0.580 level, Cardano started a fresh increase. ADA price was able to climb above the $0.620 and $0.680 resistance levels to move into a positive zone, like Bitcoin and Ethereum. The bulls pushed the pair above the $0.700 resistance zone. However, the bears were active near the $0.80 resistance zone. A high was formed near $0.8097 and the price started a downside correction. There was a move below the $0.750 level. The price declined below the 23.6% Fib retracement level of the upward wave from the $0.5754 swing low to the $0.8097 high. ADA price is now trading below $0.7250 and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support at $0.6880 on the 4-hour chart of the ADA/USD pair. The trend line is near the 50% Fib retracement level of the upward wave from the $0.5754 swing low to the $0.8097 high. Source: ADAUSD on TradingView.com The bulls might remain active near the $0.680 support. On the upside, immediate resistance is near the $0.7220 zone. The first resistance is near $0.740. The next key resistance might be $0.800. If there is a close above the $0.800 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.8250 region. Any more gains might call for a move toward $0.850. More Losses in ADA? If Cardano’s price fails to climb above the $0.7220 resistance level, it could continue to move down. Immediate support on the downside is near the $0.6880 level. The next major support is near the $0.680 level. A downside break below the $0.680 level could open the doors for a test of $0.6350. The next major support is near the $0.6120 level. Technical Indicators 4 hours MACD – The MACD for ADA/USD is losing momentum in the bearish zone. 4 hours RSI (Relative Strength Index) – The RSI for ADA/USD is now below the 50 level. Major Support Levels – $0.6880, $0.6800, and $0.6350. Major Resistance Levels – $0.7220, $0.7400, and $0.8000.

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ADAUSD Cardano