Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
Bulls’ momentum increases in Cardano market
ADA Price Analysis – 03 October
If buyers are successful in keeping the price above the $0.26 resistance level, Cardano may increase to the $0.28 and $0.29 levels. The $0.23 and $0.22 support levels will be tested if the $0.24 support level is breached
Key Levels:
Resistance levels: $0.26, $0.28, $0.29
Support levels: $0.24, $0.23, $0.22
ADA/USD Long-term Trend: Bullish
On the daily chart, the outlook for Cardano is good. A bullish trend is currently being attempted by the price as it rises. On September 11, the cost dropped and reached a $0.24 floor. Sellers worked harder to drive ADA’s price down to the $0.23 support level. The $0.26 resistance level was tried once again on 02 October. As buyers defend the just-mentioned level, the bullish trend has quickened and the price is steadily rising.
Currently trading just above both the 9- and 21-period exponential moving averages, Cardano is in an uptrend. If buyers are successful in keeping the price above the $0.26 resistance level, Cardano may increase to the $0.28 and $0.29 levels. The $0.23 and $0.22 support levels will be tested if the $0.24 support level is breached.
ADA/USD Medium-term Trend: Bullish
A rising trend can be seen for Cardano on the 4-hour chart. The coin has been on a downward trend during the previous five weeks. The price touched $0.23 on September 11, but purchasers have stopped any declines. Buyers were able to maintain the $0.23 support level despite increased bullish pressure. After crossing it, the price fought back against $0.24 and is currently increasing toward $0.26 level.
The price of Cardano is currently trading above both the 9-period and 21-period exponential moving averages, creating a bullish indication. The current increase in the relative strength index period 14 is the result of a purchase signal with a signal line at level 57.
You can purchase Lucky Block here. Buy LBLOCK
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus