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- ADA prices are rising above the t the price level of $ 0.3600 with a sustainable rise.
- There is a significant gain of 0.55% in the prices and now trading between the price levels of $0.03640 and $0.03630.
- The ADA/BTC pair is performing well as there is a profit of 0.24% which brings the levels to 0.00000498.
The prices again climbed up above the level of $0.0360 and trying to establish a gradual rise from here.
The bulls are seeking a strong momentum and to surge the level of $0.03650, ADA prices are currently under serious situation as again they are at the vital point from where ADA bulls start to run out of steam and again they did acquire a bearish momentum.
ADA prices acquired strong support of $0.0360 as it is supporting prices to keep on maintaining an upward surge but prices are coming short in front of the resistance line that as immensely presented at the level of $0.03650
Currently ADA’s market capitalization is $922,946,137 USD with volume traded of $89,410,880 USD and circulating supply of 25,927,070,538 ADA.
Cardano Price Analysis
The technical chart reflects that prices are about to start a bearish momentum with a gradual fall in all aspects of the prices. Chat is indicating lots of negative signs for the crypto traders.
The technical indicators and oscillators showing that there is an increase in the selling volume of altcoin which is leading to bearish momentum.
MACD level is trading with heavy fluctuation but the bears got an upper hand now as the selling volume of ADA is taking a negative divergence.
24hr-RSI have acquired a strong bearish momentum as it came down straight to the normal region and still showing signs for further fall.
The 24hr-CCI reaches the normal region after falling from the over buying region with strong downwards momentum due to the increase in the buying selling volume of a cryptocurrency.
Resistance Level $ 0.03640
Support level $0.03630
