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- Cardano ADA witness a gain of 1.72% in the prices and they are moving in a sharp positive momentum above the price level of $0.03300 as they priming to climb up.
- The ADA/BTC pair is not performing well as there is a negative change of -0.79% bringing the levels to 0.00000480.
The ADA prices started climbing gradually and did acquire the fallen support level with a positive divergence.
ADA is in the potential to cross the resistance level of 0.03400 if they maintain their current pace, as this will be a deciding moment as prices collapsed against this level last time.
The bulls getting the momentum through the support level they did acquire while they were falling, the crucial support level of $0.0312500 is provided major bullish momentum to ADA prices to achieve the fallen support level and the upcoming resistance levels.
ADA prices are currently facing strong resistance near the level of $0.03400. Currently, prices are trading below the level of 0.03400. If bulls manage to break down this resistance level of $0.03400, there will be a short-term bullish dominance again the ADA prices.
Currently ADA’s market capitalization is $ 873,621,066 USD with volume traded of $91,113,284 USD and circulating supply of 25,927,070,538 ADA.
Cardano (ADA) Price Analysis
There is a gradual increase in all aspects of the chart with an impressive positive divergence, prices started acquiring bullish momentum as there are chances bulls can again emerge strongly and can acquire the level of $0.034850 with the current positive upsurge.
The technical indicators and oscillators showing that there is an increase in the buying volume of the cryptocurrency, as technical is turning blue and showing a positive result for ADA
MACD levels are showing bulls and bears were moving along each other but buying volume establishes an edge upon the aspect and with the support of other factors, it can emerge.
24hr-RSI is moving with a positive divergence from the bearish region towards the positive zone and it passed the crucial region of 50.
The 24hr-CCI is performing well as it reaches the overbuying region and still maintaining its positive momentum.
Resistance Level $ 0.033900
Support level $0.033650
