The token is currently trading above the 20 and 50-period moving averages, which adds to its bullishness. The ascending triangle pattern in the 4-hour timeframe further adds to the bullish sentiment as more gain can be expected in the upcoming sessions. The pair has an upsloping trend line that extends from $0.2925 to $0.3007, which is likely to remain intact in the short-term. The 4-hour Cardano price analysis shows that the ADA/USD pair is still in a strong uptrend. Cardano price analysis chart: ADA’s 4-hour uptrend line remains intact The upper Bollinger band is currently at $0.3206, and the lower band is seen at $0.2872, indicating a strong uptrend. The Bollinger bands are also widening after the bullish rally, confirming that buyers remain in control. The RSI is also above 48.83 levels and increasing on the upside, further adding to the bulls’ momentum. The MACD is moving towards its positive zone, indicating additional buying pressure. The 24-hour technical indicators are also quite positive and in favor of the bulls. The bulls are pushing prices higher and have charted an uptrend to the $0.3021 level, which could be seen as a major resistance in the short term. The market is currently favorable for the buyers as ADA stays above the $0.2929 level, which is seen as a key support. The buying pressure is strong as the pair trades above $0.300 level. The 24-hour Cardano price analysis shows a positive momentum in the ADA/USD pair. ADA/USD 24-hour price chart: ADA gains momentum at $0.3007 as buyers remain in control Additionally, the pair touched an intraday high of $0.3021 today, which is seen as a key resistance level. The previous day the token touched a low of $0.2929 when the bears were in control however, the bulls have taken over and are pushing ADA prices higher. At the time of writing, ADA is trading at $0.3007 with 24-hour gains of 1.88%. The ADA/USD pair has broken above the psychological $0.300 level after a strong bullish rally. Key support and resistance are seen at $0.2929 and $0.3021 respectively.Ĭardano price analysis for August 09th, 2023 reveals a strong bullish trend in the past 24 hours.ADA rallies above $0.300 level as buyers remain in control.Cardano price analysis shows a bullish trend in the past 24 hours.Cardano price analysis: ADA surges above $0.300 level after a bullish run It has a circulating supply of 35,027,658,978 ADA coins and a max. The current CoinMarketCap ranking is #8, with a live market cap of $10,518,245,669. Cardano is up 1.88% in the last 24 hours. How do Cardano Price Prediction analysts steer in this turbulent crypto weather? How much is ADA worth? Basically, it’s crypto winter in the summer as it stands. ![]() ![]() Yet again, the crypto market is toiling in the abyss of uncertainty following the series of delisting fuelled by the ongoing United States SEC crackdown on major crypto platforms. Cardano Price Prediction 2032 – up to $10.50.Cardano Price Prediction 2029 – up to $3.60.Cardano Price Prediction 2026 – up to $1.18.Cardano Price Prediction 2023 – up to $0.39.10 Conclusion Cardano Price Predictions 2023-2032
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