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Cardano (ADA) Prices Rally-Ups At $0.03100 With An Impressive Recovery

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Cardano ADA price Analysis
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  • ADA prices trying to rise against the price level of $ 0.3200 with a sustainable rise
  • There is a significant gain of 3.02% in the prices and now trading between  the price levels of $0.0310 and $0.0320
  • The ADA/BTC pair is not performing well as there is a loss of -1.88% which brings the levels to 0.00000473.

The prices again climbed back to the level of $0.0310 and trying to conquer the resistance level of $ 0.0320

The bulls are seeking a strong momentum and to surge the level of $0.0320, ADA prices are currently under serious situation as again they are at the point that is maintaining a heavy pressure on them and holding them down on every possible point when they seek a bullish momentum.

Cardano prices acquired strong support of $0.280 as it is supporting prices to keep on maintaining an upward surge but prices are in the very need to find a  major break trough to conquer the current resistance level.

Currently ADA’s market capitalization is $814,894,791 USD with volume traded of $93,860,859 USD and circulating supply of 25,927,070,538 ADA.

Cardano (ADA) Price Analysis

ADASource:tradingview

The technical chart reflects that prices are trading in a bullish momentum with a gradual rise in all aspects of the prices. Chat is indicating lots of positive signs for the crypto traders.

The technical indicators and oscillators showing that there is a slight increase in the selling volume of altcoin which can lead to bearish momentum.

MACD level is trading with heavy fluctuation but the bulls are about to get a hold as the buying volume of ADA is taking a positive divergence.

24hr-RSI have acquired a strong bullish momentum as it is climbing up in the chart with a strong gradual rise.

The 24hr-CCI reaches the over buying region after crossing normal regions with a strong upsurge due to the increase in the buying volume of a cryptocurrency.

Resistance Level $ 0.0320
Support level $0.0280

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