Cardano [ADA/USD] Technical Analysis: Bulls take over altcoins in the long-term

Cardano, like every other altcoin, is on a roll with a lot of volatility, resulting in its price trying to climb above the resistance. At the time of writing, Cardano was trading at $0.076, with a $1.9 billion market cap, and a 24-hour trade volume of $41 million. 1-hour Source: Trading View There is a…

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Altcoins Price Analysis: ADA/USD and IOT/USD Bull Breakout Pattern

As EOS bull momentum slow down, ADA/USD and IOT/USD are trading within a bull break out pattern and it is likely that prices will race towards immediate targets at 9.5 cents and 90 cents. Should there be higher highs today in these two pairs as EOS/USD and XLM/USD consolidate then it points to an existing…

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LTC/USD, EOS/USD, XLM/USD, ADA/USD, XMR/USD Price Analysis

After implementation of their version of “Segwit”, Monero transaction fees are near zero. Because of that, Bittrex and Binance have responded by slashing withdrawal fees to a mere $0.01. This is bullish and coincidentally it happens at a time when Litecoin plans to execute core 0.17 promising to drive down network fees by a factor…

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Cardano Price Analysis: ADA/USD, LTC/USD, EOS/USD Prices Accumulate

Overly, traders are optimistic expecting prices to rally past key resistance trend line as ADA/USD, LTC/USD and EOS/USD gain momentum and bottom out from important support levels. This stand is valid more so when we factor in fundamental like the probable launch of Bitcoin ETF which could lift BTC and altcoins with it. That’s aside…

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Cardano [ADA/USD] Technical Analysis: Interim bullish push imminent; bears yet to show mercy on long haul

Cardano [ADA] seems to be getting a bullish push in the short-term, even as the bearish trend in the medium to long-term seems to not fade away. There seems to be no respite from the bear attack in the long-term as the downward trend in price is still going strong. ADA, the ninth largest cryptocurrency…

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Cardano (ADA) Price Analysis: Trends of October 5–11, 2018

Photo: Shutterstock Key Highlights: The bullish breakout from the symmetrical triangle is imminent; confirmation of the symmetrical triangle pattern on 4-Hour chart; traders should patiently watch out for the breakout. ADA/USD Price Long-term Trend: Ranging Supply Zones: $0.08, $0.11, $0.13 Demand Zones: $0.05, $0.04, $0.03ADAUSD continued ranging in its long-term outlook. The bulls were not…

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Cardano Price Analysis: ADA/USD Could Surpass $0.1280 To Gain Momentum

Key Highlights ADA price is slowly recovering and is currently trading above the $0.1180 level against the US Dollar (tethered). There is a major breakout pattern forming with resistance near $0.1260 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair has to move past the $0.1260 and $0.1280 resistance levels…

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Cardano Price Analysis: ADA/USD Approaching Key Support

Key Highlights ADA price surged towards the $0.2000 level before starting a downside correction against the US Dollar (tethered). There is a significant bullish trend line formed with support at $0.1700 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is correcting lower, but it remains well supported above the…

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Cardano Price Analysis: ADA/USD Is In Downtrend

Key Highlights ADA price started a fresh downside move from the $0.1750 swing high against the US Dollar (tethered). There is a crucial bearish trend line forming with resistance at $0.1600 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair may perhaps continue to move down towards the $0.1550 and…

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Cardano Price Analysis: ADA/USD Bullish Above $0.2500

Key Highlights ADA price started an upside move and traded above the $0.2500 resistance against the US Dollar (tethered). There is a major bullish trend line formed with support at $0.2480 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair remains well supported for more gains above the $0.2480 and…

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Cardano Price Technical Analysis – ADA/USD Could Retest $0.20?

Key Highlights ADA price is gaining momentum and is currently trading above the $0.1600 level against the US Dollar (tethered). There is a key connecting bullish trend line forming with support at $0.1650 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair may continue to rise and it could even…

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