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.
Buyers’ momentum may increase
ADA Price Analysis – 11 July
Cardano may rise above the $0.29, $0.31, and $0.33 levels if buyers are successful in holding the $0.26 support level. If the $0.26 support level is broken, the $0.24 and $0.23 levels will be tested next.
Key Levels:
Resistance levels: $0.29, $0.31, $0.33
Support levels: $0.26, $0.24, $0.23
ADA/USD Long-term Trend: Bullish
Cardano is bullish on the Long-term outlook. The sellers accelerated their downward pressure on the price of the cryptocurrency when it hit resistance at $0.37. A pin bar and strong daily bearish candles that followed indicated that the level had been reached when the bullish impulse had failed. The price eventually tested the low support level of $0.33. For more than two weeks, a range variation between $0.37 and $0.33 was seen. The price eventually fell to test the $0.23 low of December, proving the sellers’ success. At the moment, the price is dangling between $0.29 and $0.26 levels.
Cardano, which is trading above the 9- periods EMA and 21-period EMAs indicates preparation for a bullish reversal. In case sellers are successful in keeping the price below the $0.26 support level, the price may move down toward the $0.24, and $0.23 levels. The $0.31 and $0.33 levels will be tested if the $0.29 resistance level is breached.
ADA/USD Medium-term Trend: Bullish
According to the 4-hour chart, Cardano is in an uptrend. It looks like the price movement has produced a double bottom chart pattern in the 4-hour time period. The favorable reversal trend caused the price to keep rising but sellers are opposing the movement. The market recently fluctuated between the $0.26 support level and $0.29. Bulls may once again enter the market as $0.29 resistance level is tested.
A buy signal has been produced since the price of Cardano is currently trading above both the 9-period and 21-period exponential moving averages. The relative strength index period 14 has a buy signal and is rising with its signal line at 49 level.
You can purchase Lucky Block 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
