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Ukuseta imizuzu eli-10 kunye neenzuzo ezinkulu. Incwadi yesikhokelo ibonelelwe ngokuthenga.
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Sellers are struggling with buyers in Cardano market
Uhlalutyo lwamaxabiso e-ADA 21 EyeNkanga
If sellers manage to hold the price below the $0.38 support level, it could fall as low as $0.35 or $0.34. The resistance levels at $0.41 and $0.44 will be looked at if the $0.40 barrier is broken.
Amanqanaba aphambili:
Amanqanaba okumelana: $ 0.40, $ 0.41, $ 0.44
Amanqanaba enkxaso: $ 0.38, $ 0.35, $ 0.34
I-ADA / i-USD yexesha elide iTrend: Bullish
Itshathi yemihla ngemihla ye Cardano has been optimistic. At the $0.26 support level, a bullish reversal chart pattern is visible. The market began to show signs of improvement. The resistance levels of $0.34 and $0.35 are now acting as a level of support. A few weeks ago, there was a bullish daily candle, and the price tested $0.40 level. The coin experienced a price retracement and currently ranging between $0.40 and $0.38 levels.
Cardano is showing signs of retreating by oscillating between the 9 and 21- exponential moving averages. If sellers manage to hold the price below the $0.38 support level, it could fall as low as $0.35 or $0.34. The resistance levels at $0.41 and $0.44 will be looked at if the $0.40 barrier is broken.
I-ADA / i-USD yeXesha eliPhakathi lokuHamba: Bullish
Cardano’s 4-hour chart demonstrates an upward trend. On the 4-hour chart, last week, it tested the resistance level of $0.40 and pulled back. The $0.35 level was retested, Bulls opposed the bears at this level and the bullish trend is restored. The coin is trying to break the $0.40 level, provided the bulls’ strength increases. It’s possible to break through the $0.40 resistance level upward.
It is a good sign if Cardano’s price is currently above either of the 21- or 9-period exponential moving averages. Given that the present incline in the relative strength index period 14 is consistent with a buying signal and a signal line at level 55.
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