ADA/USD May Rise After a Key Resistance Break

Kev pabcuam luam tawm. Peb Algo cia li qhib thiab kaw kev lag luam.

L2T Algo muab cov txiaj ntsig tau zoo heev nrog kev pheej hmoo tsawg.

24/7 cryptocurrency trading. Thaum koj pw, peb pauv.

10 feeb teeb nrog ntau qhov zoo. Phau ntawv yog muab nrog kev yuav khoom.

79% Kev vam meej. Peb cov txiaj ntsig yuav zoo siab rau koj.

Txog li 70 kev lag luam hauv ib hlis. Muaj ntau tshaj 5 khub muaj.

Kev tso npe txhua hli pib ntawm £ 58.

L2T ib yam

NTSOOV

KEV SIV

ADA Kev Tshawb Xyuas Nqe - Kaum Ib Hlis 17

 The breakout at the resistance level of $0.11 may push up the price to the resistance levels of $0.13 and $0.15. In the same vein, the breakout at the support level of $0.10 may reduce the price to the support level of $0.08 and $0.07.  

 ADA / USD Kev Lag Luam

 Cov Ntsiab Ntsiab:

 Theem qib: $ 0.11, $ 0.13, $ 0.15

Cov nyiaj them yug theem: $ 0.10, $ 0.08, $ 0.07

 ADA / USD Kev Lag Luam Ntev: Ntu

 Cardano is ranging within the resistance level of $0.11 and the support level of $0.10 in the long-term outlook. The bulls took over the ADA market after the price bottomed at $0.08 and the mentioned level holds. The bulls push up the price to break up the resistance level of $0.10. The price moves towards the $0.11 resistance level. The bulls ‘momentum to break up the resistance level of $0.13 is weak; likewise, the bears’ pressure is not enough to breakdown the support level of $0.10.  

 The price consolidation commenced as a result of weak bears’ and bulls’ momentum. The 9 periods EMA is tightly close to the 21 periods EMA and the price is trading over and around the two dynamic levels. The breakout at the resistance level of $0.11 may push up the price to the resistance levels of $0.13 and $0.15. In the same vein, the breakout at the support level of $0.10 may reduce the price to the support level of $0.08 and $0.07.  

 ADA / USD Txoj Kev Nraum Nruab Nrab: Bullish

 ADA/USD is bullish on the 4-hour chart. After the breakup of the former resistance level of $0.10, the coin soared towards the resistance level of $0.11. The price could not get to the mark due to interruption from the bears with the formation of strong bearish candles and the coin retested the support level of $0.10. Since then, the price commences a consolidation around the $0.10 level. 

Today, the market opens with bullish candles trading above the 9 periods EMA and 21 periods EMA which indicates that the bulls are ready to dominate the market. Also, the Relative Strength Index period 14 with its signal line strongly pointing up at 60 levels connotes a price increase.