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.
ADA Price Analysis – July 05
Ability to break down the $0.42 level by the bears may lead to decrease in price to support levels at $0.30 and $0.22 levels. 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.
ADA/USD Market
Key Levels:
Resistance levels: $0.54, $0.69, $0.90
Support levels: $0.42, $0.30, $0.22
ADA/USD Long-term Trend: Ranging
Cardano is on the ranging movement on the daily chart. The ranging movement within the resistance level of $0.54 and the support level of $0.42 continues in the Cardano market. The bulls and bears are yet to make significant movement in the Cardano market. The resistance level of $0.54 still holds and the momentum of the bulls is not strong enough to break up the level. Likewise, the barrier at the support level of $0.42 is stronger than the pressure of the bears. The price is trading within the levels mentioned above.
Cardano is hovering over and around the 9 periods EMA and 21 periods EMA. Ability to break down the $0.42 level by the bears may lead to decrease in price to support levels at $0.30 and $0.22 levels. 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. The technical indicator relative Strength Index period 14 is at 43 levels with the signal line pointing downside which indicates a bearish signal.
ADA/USD Medium-term Trend: Ranging
Cardano is on the ranging movement on 4-hour chart. When the support level of $0.42 was reached on May 30. Cardano price pulled back to retest the broken level of $0.54. The bullish momentum could not push the price above the resistance level of $0.69. The mentioned level was defended by the bears with the formation of strong bearish engulfing candle. The price reverses and decreases toward the support level of $0.42. The price is trading within $0.54 and $0.42 levels at the moment.
The crypto is trading over and around the 9 periods EMA and 21 periods EMA as a sign of ranging market. The relative strength index period 14 is at 56 levels and the signal line pointing down to indicate sell 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