Iye owo Cardano Fi opin si $ 0.33 Ipele Ifojusi $ 0.37 Ipele Resistance

Azeez Mustapha

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Ipa agbara Bullish pọ si ni ọja Cardano

ADA Price Analysis - 17 January

In case the $0.37 resistance level is broken, buyers might become more motivated, pushing Cardano up to $0.40 and $0.41. Should sellers hold their position at the $0.37 resistance level, the price could fall to the $0.34, $0.33, and $0.31 support levels.

ADA / USD Market

Awọn ipele bọtini:

Awọn ipele iduro: $ 0.37, $ 0.40, $ 0.41

Awọn ipele atilẹyin: $ 0.34, $ 0.33, $ 0.31

ADA / USD Aṣa igba pipẹ: Bullish

The daily chart for Cardano exhibits a positive trend. After several weeks of bearish movement, the cryptocurrency found support at the $0.23 level. The sellers’ momentum weakened and they were unable to lower the price below $0.23. Purchasers picked up speed, and big bullish candles were made. The previous resistance levels of $0.31, $0.33, and $0.34 were broken by the rising price. The price is currently aiming for the $0.37 resistance level.

Cardano is moving in the direction of the 9-period EMA and 21-period EMA and is currently trading above the two dynamic support levels, which is a bullish sign. In case the $0.37 resistance level is broken, buyers might become more motivated, pushing the price up to $0.40 and $0.41. Should sellers hold their position at the $0.37 resistance level, the price could fall to the $0.34, $0.33, and $0.31 support levels. The Relative Strength Index period 14’s signal line is pointing up and is at a level of 79, indicating a strong buy signal.

ADA / USD Aṣa-igba Alabọde: Bullish

On the 4-hour chart, Cardano is moving in a bullish direction. Prior to three weeks ago, the sellers’ enthusiasm picked up, and the $0.23 support level was tested twice. The price increased in the direction of the north after bouncing off the specified level. After testing the $0.34 resistance level, the price retreated before it eventually broke up the $0.33 resistance level. Bulls are currently dominating Cardano market.

The price of Cardano is trading over and around both the 9-period and 21-period EMAs, with the fast EMA closed to slow EMA as an indication of low volatility. The relative Strength Index Period 14 is at 58 levels, the signal line displaying no specific direction.

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Azeez Mustapha

Azeez Mustapha jẹ alamọja iṣowo, oluyanju owo, olufihan awọn ifihan agbara, ati oluṣakoso owo pẹlu ọdun mẹwa ti iriri laarin aaye owo. Gẹgẹbi Blogger ati onkọwe iṣuna, o ṣe iranlọwọ fun awọn oludokoowo ni oye awọn imọran eto inọnwo ti ilọsiwaju, mu awọn ọgbọn idoko -owo wọn dara si, ati kọ ẹkọ bi o ṣe le ṣakoso owo wọn.

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