Cardano
Be careful with ADAUSDT !!!I think the price is trying to form a bullish flag, but I'm not sure yet. After the bullish flag breaks, we can say that the price will increase.
Give me some energy !!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Cardano bullish scenarioMy analysis of the ADA/USDT chart highlights important price levels. The $1.26 mark presents an initial hurdle, acting as resistance. A break above this level could signal bullish momentum. Conversely, the $0.81 level has proven to be a strong support zone. I'm targeting $2.00 as an intermediate target and $3.10 as a longer-term objective, which could represent a new all-time high. This analysis is based on current chart patterns and does not guarantee future price movements. This is not financial advice. Trade at your own risk.
Cardano - Starting The 10x Parabolic Rally!Cardano ( CRYPTO:ADAUSD ) is perfectly following the break and retest:
Click chart above to see the detailed analysis👆🏻
With an incredible +200% pump in November, Cardano is finally coming back to life after creating the bullish double bottom break and retest just a couple of months ago. Looking at previous cycles, this seems to be just the beginning of another +3.000 rally.
Levels to watch: $3.0, $10.0
Keep your long term vision,
Philip (BasicTrading)
ADA at the Crossroads: Will $1.12 Spark a Bullish Surge?Cardano (ADA) is currently navigating a pivotal price range near $1.12, which serves as a significant intraday resistance level. The market is displaying signs of potential directional movement, with buyers and sellers poised to define the next critical phase.
A pullback toward $1.016, followed by a decisive bounce, or a direct bullish breakout of $1.12 could reaffirm bullish sentiment, setting the stage for a climb toward the next major resistance zone at $1.267. Such a move would signal renewed optimism among market participants, offering opportunities for upward momentum (Solid Green Projection).
Conversely, failure to break above $1.12 might hint at underlying weakness, increasing the probability of a descent toward the $1.016 support zone (Dashed Green Projection).
A breach below this level could signal the start of a more pronounced downward trend, with the next major support at $0.869 potentially coming into focus (Red Projection).
BTC/USD : First Short, Then LONG! (READ THE CAPTION)Analyzing the #Bitcoin chart in the 4-hour timeframe, we observe that the price is currently trading around $100K. If the price stabilizes below $100,380, we could expect further declines, with $97,800 as the first key level, followed by the potential start of the next bullish wave for Bitcoin. The second scenario involves a price surge above $101,500, which could increase demand and push the price to levels above $102,000. This analysis will be updated further.
Weekly Time Frame Analysis :
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ADA/USDT : More Bullish Move Ahead? (READ THE CAPTION)By analyzing the #Cardano chart in the daily (logarithmic) timeframe, we can see that the price is currently trading around the $0.35 range. If it can stabilize above this key level, we can expect further upward movement. The next targets for ADA are $0.3780, $0.415, and $0.4570.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
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CARDANO - Time to buy again!As I mentioned in my previous analysis, the price dropped to the support zone and then rebounded strongly. Now, the price has reached a point where it can easily rise to $1.33.
previous Anlalysis
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Cardano (ADA) is back with growthAfter falling from the highs after the 2018 bull run, the price consolidated and triggered a gigantic bull run much before the other tokens in the market in Q1 2021. Interestingly, the token marked its peak in August 2021 above $3, followed by a huge bear market much before the market was triggered. Currently, the price is repeating the previous pattern and if the same outcome materializes, then the ADA price may rise close to a double-digit figure.
The monthly chart of Cardano suggests the token is revving a previous pattern. The price is stuck within a range after a notable rise, similar to what occurred in Q4 2020, which triggered over 1700% rise after a breakout. The supertrend has flipped to bullish again after January 2021 and RSI has also marched a rise to the overbought zone for the first time after the previous bull run. However, the dropped volume could be a matter of concern; if the ADA price managed to hold the support, then the token could validate a strong bull run.
This move may enable the third-generation token Cardano to achieve the $100B market capitalization, which could push the price close to $10.
ADA 4H. Good entry point. 12/12/24At the moment, the asset is in local accumulation, but it faced horizontal resistance (with sales at a certain level) and went into correction, where the formation of “symmetrical triangle” pattern is clearly traced.
I am considering opening a long position. Entry can be sought in the range of $1.0401 - $0.9042. The target is swing-high at $1.3264.
DYOR.
Cardano ($ADA) Dips 8% After Foundation’s X Account HackCardano ( CRYPTOCAP:ADA ), one of the largest cryptocurrencies by market cap, faced significant turbulence after the Cardano Foundation’s X account (@Cardano_CF) was compromised on Sunday. This breach resulted in false promotions and market concerns, triggering an 8% drop in ADA’s price. Here’s a comprehensive analysis of the incident and the technical and fundamental outlook for the coin.
The Hack and Market Sentiment
The compromised X account propagated false information, including:
- Promotion of a fake token, ADAsol: Claimed as a partnership between Cardano and Solana.
- False claims of ADA withdrawal halts: Allegedly tied to SEC actions, further amplifying market fears.
The Cardano Foundation promptly addressed the issue, urging users to disregard any posts from the hacked account. Despite this, the damage to market sentiment was palpable, as fear and uncertainty gripped traders.
Broader Implications
This incident underscores the vulnerability of social media platforms to cyberattacks, even for established blockchain entities. It also raises critical questions about the need for enhanced cybersecurity in the crypto ecosystem.
However, amidst the chaos, optimism persists. Whale activity has shown signs of accumulation, suggesting that large investors still hold faith in ADA’s long-term prospects. Additionally, Cardano’s strong monthly performance—166% gains—indicates the potential for recovery.
Technical Analysis
At the time of writing, CRYPTOCAP:ADA trades at $1.115, reflecting a 6.79% drop intraday. The coin’s immediate range shows:
- Intraday low/high: $1.15–$1.22
- RSI (Relative Strength Index): 49, indicating weak momentum but a potential buy zone for opportunistic traders.
Market Outlook
While the hack triggered bearish sentiment, ADA’s price action aligns with broader market trends. Bulls will need to reclaim $1.22 to resume the upward trajectory seen earlier in Q4. Meanwhile, sellers may dominate if ADA fails to hold above the 38.2% Fib retracement level.
The Road Ahead
The X account hack could continue to weigh on ADA’s price in the short term. Negative sentiment might lead to increased selling pressure, especially if there are delays in restoring the compromised account.
Long-Term Prospects
Despite this setback, ADA’s bullish fundamentals remain intact:
- Whale Accumulation: Signals strong institutional confidence.
- Q4 Market Optimism: Renewed interest in cryptocurrencies positions ADA for potential gains.
Conclusion
The Cardano Foundation’s X account hack has undeniably shaken market confidence, resulting in an 8% dip in ADA’s price. However, with strong fundamentals and signs of whale accumulation, the coin still holds promise for recovery.
Traders should closely monitor technical levels and broader market trends to navigate this volatile period. For long-term holders, ADA remains a compelling investment, backed by its ecosystem and community support.
ETH/USDT : More Bullish Move Ahead? (READ THE CAPTION)By analyzing the #Ethereum chart in the weekly (logarithmic) timeframe, we can see that the price is still within the range we discussed a few weeks ago. As mentioned earlier, the $2100 to $2450 zone is a critical support and demand area. After Bitcoin's rise above $74,000, we can anticipate a similar strong move from Ethereum. The next targets for Ethereum are $2820, $3079, $3700, and $4090.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
ADAUSDT Long Setup Setting / Futures TradeBINANCE:ADAUSDT
COINBASE:ADAUSD
📈Which side you pick?
Bull or Bear
Low-risk status: 3x-4x Leverage
Mid-risk status: 5x-8x Leverage
(For beginners, I suggest low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone
⚡️TP:
1.1726
1.2265
🔴SL:
1.0301
🧐The Alternate scenario:
If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
Where does ADA stand currently?From the point where we placed the red arrow on the chart, Cardano's correction began, and from the point where we placed the green arrow, Cardano's bullish pattern started.
The correction appears to be a symmetrical one, while the new bullish pattern seems to form an expanding triangle.
From the green zone, Cardano may potentially move upward again to complete wave E.
Closing a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
CRYPTO: ADAUSD trading plan. This is a trade I am currently looking at. I would be taking a LONG position if the price breakthrough the upper rectangular box and a SHORT position if the price breakthrough the lower rectangular box . Currently, I am more interested on the Long position. However, this is only a plan. Please take note that trading is about dealing and respecting the market trend. I do not make predictions.
Targeting Major Gains with ADA, BNB, and ATOMIn this video, we delve into swing trading strategies for three prominent cryptocurrencies: Cardano (ADA), Binance Coin (BNB), and Cosmos (ATOM). Cardano recently approached our suggested entry point of $0.34 and is showing potential to reach its previous all-time high (ATH), with a take-profit (TP) target of $6 if current momentum persists. Binance Coin has surpassed its previous ATH, and we're eyeing a TP of $1,200, provided the current support levels hold. Our Cosmos trade required adjustment, as the true reversal occurred near $3, forming a bullish engulfing candle. We now anticipate a return to its previous ATH, offering a potential 3x return in this 'safe' large-cap coin. Join us as we analyze these setups, discuss key support and resistance levels, and outline strategies to capitalize on these opportunities in the crypto market.
Cardano With a Bright Bullrun!Hey Trader!
Cardano is trading within a descending channel, presenting a clear structure of lower highs and lower lows. While this pattern often leans bearish, there are signs of buyer activity, as evidenced by the repeated bounces off the lower trendline. This suggests that the market is at a pivotal moment, with the potential for a significant move in either direction.
The key resistance to watch is at $1.3269 . If ADA manages to break above this level and exit the descending channel with strong volume, it could signal the start of a bullish rally, potentially driving the price toward levels above $1.40 . Conversely, if the price fails to hold the current support at $1.0576 , a deeper drop toward $1.0378 could materialize, shifting the momentum decisively in favor of the bears.
The RSI indicator remains neutral, suggesting that the market is in a consolidation phase and building momentum for a breakout. Volume will be crucial in confirming the direction of the next move. With buyers stepping in to defend support and sellers maintaining pressure at resistance, this setup is nearing a critical decision point.
Stay alert for how ADA reacts around these levels—it could define the next major trend. What’s your take on ADA? Will it break upward or continue downward? Let me know in the comments!
Cardano bullish triangle - Alt season is hereHey Traders!
Cardano (ADA/USDT) is showing an exciting setup as it forms a symmetrical triangle, signaling that the market is consolidating and preparing for a potential breakout. Based on the current price action, there is a clear bullish bias, but we can’t ignore the possibility of a bearish breakdown.
The price has been respecting the rising support line, currently holding at $1.0489, while resistance stands firm at $1.3269. If the price breaks above this resistance level with strong volume, it could trigger a bullish rally toward the Fibonacci target at $1.7080, offering a promising opportunity for buyers.
However, there’s always risk in these setups. If the price loses momentum and breaks below $1.0489, the bullish scenario would be invalidated, and ADA might drop toward the lower support at $0.9408, marking a bearish turn.
This pattern is a classic decision point. A breakout above resistance signals strength, while a breakdown below support could lead to a deeper retracement. Watch the volume closely for confirmation as we approach the apex of the triangle.
What do you think, traders? Will ADA break out to the upside or slide lower? Let me know your thoughts in the comments below!
Exploring the Factors Driving Cardano's Bullish TrajectoryCardano (ADA), a blockchain platform known for its robust security and energy efficiency, has been steadily gaining traction in the cryptocurrency market. Analysts are increasingly bullish on ADA's future price movements, with some predicting that the token could reach as high as $9+ in the coming months. This optimistic outlook is fueled by a combination of strong fundamentals, positive market sentiment, and historical price patterns.
Strong Fundamentals Powering ADA's Rise
Cardano's underlying technology, Ouroboros, is a proof-of-stake (PoS) consensus mechanism that offers several advantages over traditional proof-of-work (PoW) systems, including lower energy consumption and improved scalability. Additionally, Cardano's layered architecture enables the platform to handle complex smart contracts and decentralized applications (dApps).
The Cardano community is actively developing a diverse range of projects, including decentralized finance (DeFi) protocols, non-fungible token (NFT) marketplaces, and supply chain solutions. As the ecosystem continues to grow and mature, the demand for ADA is likely to increase.
Positive Market Sentiment Boosts ADA's Prospects
The broader cryptocurrency market is currently experiencing a bullish phase, with Bitcoin and Ethereum leading the charge. This positive market sentiment has spilled over into altcoins like Cardano, driving increased investor interest and capital inflows.
Moreover, the recent surge in interest in blockchain technology and decentralized applications has further fueled the bullish sentiment surrounding ADA. As more and more people become aware of the potential benefits of blockchain, the demand for ADA is likely to rise.
Technical Analysis: A Bullish Outlook
A technical analysis of ADA's price chart suggests that the token may be on the cusp of a significant breakout. Historical price patterns indicate that ADA tends to form support and resistance levels. By breaking through these levels, ADA can enter a new uptrend and potentially reach higher price targets.
Key technical indicators, such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), are also signaling bullish momentum. The RSI, which measures the speed and change of price movements, is currently in the overbought territory, suggesting strong buying pressure. The MACD, which compares two moving averages, is also trending upwards, indicating a bullish crossover.
Potential Challenges and Risks
While the outlook for ADA is positive, it's important to acknowledge potential challenges and risks. The cryptocurrency market is highly volatile, and prices can fluctuate rapidly. Regulatory uncertainty, economic downturns, and negative market sentiment can all impact ADA's price.
Additionally, Cardano's network performance and scalability will be crucial factors in determining its future success. As the number of users and transactions on the network increases, it will be essential for Cardano to maintain its performance and avoid congestion.
Conclusion
Cardano's strong fundamentals, positive market sentiment, and bullish technical indicators suggest that the token has the potential to reach new heights. However, investors should approach ADA with a long-term perspective and be prepared for short-term volatility. By carefully considering the risks and rewards, investors can make informed decisions about their ADA investments.