Mathisen Marketing

Your Marketing Blog

ADA Makes Efforts to Push into a Higher Zone

ADA Makes Efforts to Push into a Higher Zone

As an affiliate, we may earn from qualifying purchases. We get commissions for purchases made through links on this website.

Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

Join us Telegram channel to keep up to date with the latest news

Cardano (ADA) Price Prediction – September 10th
There has been a trend that Cardano has been looking to push into higher territory as it has rebuilt its baseline close to the US dollar. Currently, the price is moving around the $0.521 value line around the 53.58 positive average percentage.

Cardano (ADA) price statistics:
ADA price now – $0.5232
ADA market cap – $17.9 billion
ADA circulating supply – 34.2 billion
Total ADA supply – 34.9 billion
Coinmarketcap Rank – #7

ADA/USD market
Key levels:
Resistance levels: $0.60, $0.65, $0.70
Support levels: $0.45, $0.40, $0.35

ADA/USD daily chart
The ADA/USD daily chart shows that the crypto trade tends to push higher territory after reaching a logical point around the larger SMA trend line. The candlestick has moved past the 14-day SMA, leaving it at $0.483, below the 50-day SMA at $0.533. The base line of support sank to the $0.40 level. The stochastic oscillators are partially in the overbought range, maintaining the values ​​of the 77.37 and 88.61 range. This means that some gains can still materialize relatively well.

Buy Cardano now

Your capital is at risk.

Punt Crypto Casino banner

Is it technically worth watching the bull run of the ADA/USD market above the 50-day SMA point?

It may not be safe to join the ADA/USD bull run above the indicated 50-day SMA, even as the crypto market looks to push higher. Remaining upside forces may allow a pull for exhaustion to test resistance at the $0.60 resistance level. After this sentiment materializes, a reversal may re-emerge. Long position takers need to correlate their execution order with stochastic oscillator reading conditions when they are at lower points to suggest a move up.

The downside of technical analysis right now is that bears in the ADA/USD market need to be on the lookout for general price rejections in the near term. It would be time-sensitive if a bearish candlestick formed around the 50-day SMA trendline between today and the next two days to confirm the likelihood of bearish strength.

ADA/BTC price analysis

Cardano’s trending ability against Bitcoin has momentarily moved north from a long range position. In other words, the price of the cryptocurrency pair tends to push to higher territory. The 14-day SMA indicator is above the 50-day SMA indicator. The Stochastic Oscillators have crossed south from the overbought area to the 63.29 and 47.99 area. Currently, the bullish candlestick is pulsating to indicate that the fundamental latch has backed up with speed to the north against its counter-trading crypto.

Tamadoge – Play and earn meme coins

Tamadog logo
  • Earn TAMA in battles with Doge Pets
  • Limited Supply of 2 Billion, Token Burn
  • NFT based Metaverse game
  • Pre-sale Live now – tamadoge.io

Tamadog logo


Read more:

Join us Telegram channel to keep up to date with the latest news

Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

Source link

Leave a Reply

Your email address will not be published.

Latest Posts

  • ADA Makes Efforts to Push into a Higher Zone

    ADA Makes Efforts to Push into a Higher Zone

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase Join us Telegram channel to keep up to date with the latest news Cardano (ADA) Price Prediction – September 10thThere has been a trend that Cardano has been looking to push into higher territory as it has rebuilt its baseline […]

    Read More

  • MetaZeus (MZS) Is Now Available for Trading on LBank Exchange

    MetaZeus (MZS) Is Now Available for Trading on LBank Exchange

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase INTERNET CITY, DUBAI, September 9, 2022 – LBank Exchange, a global digital asset trading platform, listed MetaZeus (MZS) on September 9, 2022. The MZS/USDT trading pair is now officially available to all LBank Exchange users. for trading. Leveraging the power […]

    Read More