Cardano (ADA) Prices Climbs The Highest Point After suffering Collapse 

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Ayush Malviyahttps://www.thecoinrepublic.com/
Ayush Malviya has recently joined as a technical market reporter for Thecoinrepublic- the Leading cryptocurrency news site. He believes that there is a broad scope in Crypto market and blockchain. Thats why he loves to gather knowledge about it and like to analyse the market pattern.
  • ADA manages to climb above the resistance level of $0.027 and $0.030.
  • There is a gain of 21.61% in the prices and now approaching the key resistance of $0.035.
  • The ADA/BTC pair is performing negatively with the loss of -0.56% bringing the levels to 0.00000 496.
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The prices started climbing gradually and about to penetrate the above level.

The bulls get the momentum and about to surge the level of $0.0350, it will be a major achievement of Cardano after suffering heavy bearish dominance.

CARDANO1


ADA prices gained the strong support of price level $0.0250 which provided crypto asset sharp positive divergence. Currently, prices are at the $0.0330 level and still climbing up.
 

Cardano ADA expected to have short term bullish momentum. If bulls want to cross above the resistance level of $0.0350, they require the support of their current level.

Currently ADA’s market capitalization is $ 860,349,761 USD with volume traded of $138,819,425 USD and circulating supply of 25,927,070,,538 ADA.

Over Buying Region For ADA

CARDANO2


The technical indicators and oscillators showing that there is a major increase in the buying volume of the altcoin.

MACD level showing bullish momentum of buying volume, as they are going off chart which is a very positive sign for crypto traders.

24hr-RSI reaches over buying region with a significant positive divergence.

The 24hr-CCI is also trading in the over buying region as bulls are incomplete dominance.

Resistance Level $ 0.0350
Support level $0.0300 and $0.0250

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