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- There is a gain of 2.97% in the prices and they are moving in a positive momentum above the price level of $0.03600 as they priming to climb up.
- The ADA/BTC pair is performing well as there is a positive change of 10% bringing the levels to 0.00000504.
The ADA prices started climbing gradually and again they acquired the fallen support level of $0.03500 with a positive divergence.
ADA is in the potential to cross the resistance level of 0.036700 if they maintain their current pace, as this will be a deciding moment as prices collapsed against this level last time even after acquiring some stability.
The bulls acquired this strong momentum through the support level they did acquire while they were falling, the crucial support level of $0.031300 is provided major bullish momentum to ADA prices to achieve the fallen support level and the major resistance level of $0.03500
ADA prices are currently facing strong resistance near the level of $0.036700. Currently, prices are trading above the level of 0.03500. If bulls manage to break down this resistance level of $0.036700, there will be a medium-term bullish dominance again at the ADA prices.
Currently ADA’s market capitalization is $945,393,192 USD with volume traded of $90,685,739 USD and circulating supply of 25,927,070,538 ADA.
Cardano Price Analysis
There is a slight decrease in all aspects of the chart with a negative divergence due to the bears present at the current price level. Prices were moving in the bullish momentum but end up facing heavy resistance due to the level of $0.03700.
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.
MACD levels are showing bulls were moving along with positive momentum but then suddenly the started fading and a flat trade emerged in the aspect as selling volume might be caught up with.
24hr-RSI is moving with a flat divergence in the bullish region after falling from the crucial price level of 75.
The 24hr-CCI is performing well as it reaches the overbuying region and still trying to maintain its positive momentum.
Resistance Level $ 0.036700
Support level $0.036000
