Invest at least $250 in D2T to gain lifetime access to our VIP Signals
Get early access to Dash 2 Trade’s Presale. Buy the D2T token now
Existing community of 70,000+ traders
Unlocks access to the leading crypto trading analysis, signals and trading tools
As featured in CryptoNews.com, FXEmpire.com, FXStreet.com and more
World class development team backed by Quant developers and VC investors
ADA Price Analysis: September 06
Should the buyers exert more pressure on the market, the resistance level of $0.54 will be penetrated and the resistance levels of $0.69 and $0.90 may be reached. Inability to break up the $0.54 level by the bulls may lead to decrease in price to support levels at $0.47, $0.41 and $0.30 levels
ADA/USD Market
Key Levels:
Resistance levels: $0.54, $0.69, $0.90
Support levels: $0.47, $0.41, $0.30
ADA/USD Long-term Trend: Bullish
On the daily chart, Cardano is on the bullish movement. The crypto found support at the previous low of $0.41 level. The bearish movement could not continue when a bullish engulfing candle formed and the bullish movement commenced. The price has broken the resistance level of $0.47 level upside. The price is expose to the resistance level of $0.54 at the moment.
Cardano is trading above the 9 periods EMA and 21 periods EMA. Should the buyers exert more pressure on the market, the resistance level of $0.54 will be penetrated and the resistance levels of $0.69 and $0.90 may be reached. Inability to break up the $0.54 level by the bulls may lead to decrease in price to support levels at $0.47, $0.41 and $0.30 levels. The technical indicator relative Strength Index period 14 is at 56 levels with the signal line pointing upside which indicates a bullish signal.
ADA/USD Medium-term Trend: Bullish
On 4-hour chart, Cardano is on the bullish movement. The resistance level of $0.54 holds the price. The coin falls to the support level of $0.41, the just mentioned level remains strong against the price. The Crypto bounced up towards north side. The resistance level of $0.47 is broken upside and the price targeting $0.54 level.
The crypto is trading above the 9 periods EMA and 21 periods EMA. The relative strength index period 14 is at 63 levels and the signal line pointing up to indicate buy signal.
You can purchase crypto coins here: Buy LBlock
- Broker
- Min Deposit
- Score
- Visit Broker
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Award-winning Cryptocurrency trading platform
- 14 Cryptoassets available to invest in
- FCA & Cysec regulated
Highly volatile unregulated investment products. No EU investor protection.
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
