ADAUSD oversold bounce back capped at 6,830 resistance The ADAUSD remains in a neutral trend, with recent price action indicating a corrective pullback within the broader trading range.
Support Zone: 5,916 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 5,916 would confirm ongoing
Key facts today
Cardano (ADA) is forming a symmetrical triangle, trading between $0.64 and $0.67. Resistance is at $0.73; a breakout could target $0.86 to $1.12. A drop below $0.61 may reach $0.50.
The Plomin Hard Fork, set for implementation in Q1 2025, has enhanced Cardano's momentum by introducing full decentralized governance, emphasizing the project's focus on community-driven innovation.
Key stats
About Cardano
Cardano is a proof-of-stake blockchain network which can run smart contracts and dApps on its ecosystem. Arguably the beginning of the third generation of cryptocurrency, founder Charles Hoskinson broke away from his position at Ethereum in 2015 to create what is now considered one of the more peer-assessed projects in the game. Its native token ADA (named after English mathematician Ada Lovelace) was launched in 2017 and is designed to oversee governance and encourage participation in its ecosystem.
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ADA situation!Price is currently forming a triangle pattern, which presents two possible scenarios: bullish or bearish. I lean toward the bullish outlook, as the price is showing strong support within the PRZ (Potential Reversal Zone). If this assumption holds, we can expect a potential upward move.
Cardano ADA - mid/Long term 1WAltseason is, of course, inevitable — the targets are roughly known in advance, yet the path toward them always remains a mystery.
That’s what makes this market so fascinating — watching it unfold and being part of this great cyclical game.
Currently, the price is moving inside a triangle formatio
ADAUSD Cardano key support at 5,916The ADAUSD remains in a neutral trend, with recent price action indicating a corrective pullback within the broader trading range.
Support Zone: 5,916 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 5,916 would confirm ongoing
Monthly Crypto Analysis: Cardano (ADA/USD) – Issue 97 (Free AcceThe analyst believes that the price of ADAUSD will increase within the time specified on the countdown timer. This prediction is based on a quantitative analysis of the price trend.
___Please note that the specified take-profit level does not imply a prediction that the price will reach that point.
ADAUSD support at 7960The ADAUSD remains in a bullish trend, with recent price action showing signs of a breakout within the broader uptrend.
Support Zone: 7960 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 7960 would confirm ongoing upside momen
Cardano's situation+ Target PredictionCurrently, ADA is forming an ascending triangle, indicating a potential price increase. It is anticipated that the price could rise, aligning with the projected price movement (AB=CD).
However, it is crucial to wait for the triangle to break before taking any action.
Best regards CobraVanguard.💚
ADAUSD corrective pullback support at 6,545The ADAUSD remains in a neutral trend, with recent price action showing signs of a corrective pullback within the broader range trading.
Support Zone: 6,544 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 6,544 would confirm o
Cardano Price Channels Strength, $0.86 Key to ReversalCOINBASE:ADAUSD ’s price continues to trade inside a broad ascending channel on the 12-hour chart, maintaining its bullish structure despite short-term weakness. The lower boundary near $0.61 has acted as strong support, where buyers stepped in following the Black Friday crash.
Currently, COINBASE
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of Cardano (ADA) is 0.6619 USD — it has fallen −0.42% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing ADA price chart.
The current market capitalization of Cardano (ADA) is 23.72 B USD. To see this number in a context check out our list of crypto coins ranked by their market caps or see crypto market cap charts.
Cardano (ADA) trading volume in 24 hours is 1.00 B USD. See how often other coins are traded in this list.
Cardano price has fallen by −9.50% over the last week, its month performance shows a −26.14% decrease, and as for the last year, Cardano has increased by 81.34%. See more dynamics on ADA price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Cardano (ADA) reached its highest price on Sep 2, 2021 — it amounted to 3.0994 USD. Find more insights on the ADA price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Cardano (ADA) reached the lowest price of 0.2300 USD on Jun 10, 2023. View more Cardano dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The current circulating supply of Cardano (ADA) is 44.99 B USD. To get a wider picture you can check out our list of coins with the highest circulating supply, as well as the ones with the lowest number of tokens in circulation.
Cardano has the limit of 45.00 B coins. No matter how the currency evolves, no new coins will be released after this number is reached.
The safest choice when buying ADA is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade ADA right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Cardano (ADA): today its technical analysis shows the sell signal, and according to the 1 week rating ADA shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's neutral. Find inspiration in Cardano trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Cardano (ADA) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Cardano is estimated as 7.65% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Cardano, you can find more inspiration in our curated watchlists.
You can discuss Cardano (ADA) with other users in our public chats, Minds or in the comments to Ideas.