• bitcoinBitcoin (BTC) $ 101,842.00
  • ethereumEthereum (ETH) $ 3,389.53
  • tetherTether (USDT) $ 0.999787
  • bnbBNB (BNB) $ 991.12
  • xrpXRP (XRP) $ 2.26
  • solanaWrapped SOL (SOL) $ 157.29
  • usd-coinUSDC (USDC) $ 0.999803
  • staked-etherLido Staked Ether (STETH) $ 3,386.99
  • tronTRON (TRX) $ 0.291512
  • dogecoinDogecoin (DOGE) $ 0.174593
  • cardanoCardano (ADA) $ 0.560420
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.05
  • wrapped-stethWrapped stETH (WSTETH) $ 4,126.07
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 101,740.00
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,670.72
  • whitebitWhiteBIT Coin (WBT) $ 53.33
  • hyperliquidHyperliquid (HYPE) $ 40.40
  • chainlinkChainlink (LINK) $ 15.33
  • bitcoin-cashBitcoin Cash (BCH) $ 491.62
  • usdsUSDS (USDS) $ 1.00
  • stellarStellar (XLM) $ 0.281926
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • wrapped-eethWrapped eETH (WEETH) $ 3,659.50
  • zcashZcash (ZEC) $ 547.24
  • ethena-usdeEthena USDe (USDE) $ 0.999190
  • leo-tokenLEO Token (LEO) $ 9.15
  • suiSui (SUI) $ 2.09
  • litecoinLitecoin (LTC) $ 99.33
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 101,803.00
  • hedera-hashgraphHedera (HBAR) $ 0.174103
  • avalanche-2Avalanche (AVAX) $ 17.19
  • wethWETH (WETH) $ 3,393.34
  • moneroMonero (XMR) $ 359.65
  • shiba-inuShiba Inu (SHIB) $ 0.000010
  • polkadotPolkadot (DOT) $ 3.20
  • the-open-networkToncoin (TON) $ 2.09
  • internet-computerInternet Computer (ICP) $ 9.08
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.20
  • daiDai (DAI) $ 1.00
  • crypto-com-chainCronos (CRO) $ 0.125377
  • mantleMantle (MNT) $ 1.33
  • memecoreMemeCore (M) $ 2.39
  • susdssUSDS (SUSDS) $ 1.08
  • uniswapUniswap (UNI) $ 6.00
  • nearNEAR Protocol (NEAR) $ 2.79
  • usdt0USDT0 (USDT0) $ 0.999757
  • bittensorBittensor (TAO) $ 371.00
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.123436
  • aaveAave (AAVE) $ 200.58
  • usd1-wlfiUSD1 (USD1) $ 0.999695
  • bitget-tokenBitget Token (BGB) $ 4.04
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • c1usdCurrency One USD (C1USD) $ 1.07
  • okbOKB (OKB) $ 121.30
  • pepePepe (PEPE) $ 0.000006
  • ethereum-classicEthereum Classic (ETC) $ 16.22
  • ethenaEthena (ENA) $ 0.315869
  • jito-staked-solJito Staked SOL (JITOSOL) $ 194.94
  • aptosAptos (APT) $ 3.06
  • falcon-financeFalcon USD (USDF) $ 0.998614
  • aster-2Aster (ASTER) $ 1.04
  • tether-goldTether Gold (XAUT) $ 3,983.06
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.01
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,394.17
  • ondo-financeOndo (ONDO) $ 0.649601
  • filecoinFilecoin (FIL) $ 2.83
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.177170
  • pi-networkPi Network (PI) $ 0.223233
  • worldcoin-wldWorldcoin (WLD) $ 0.807347
  • usdtbUSDtb (USDTB) $ 0.999867
  • htx-daoHTX DAO (HTX) $ 0.000002
  • kucoin-sharesKuCoin (KCS) $ 12.69
  • arbitrumArbitrum (ARB) $ 0.292174
  • algorandAlgorand (ALGO) $ 0.176990
  • official-trumpOfficial Trump (TRUMP) $ 7.48
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,897.19
  • vechainVeChain (VET) $ 0.016982
  • hash-2Provenance Blockchain (HASH) $ 0.028423
  • binance-staked-solBinance Staked SOL (BNSOL) $ 170.12
  • gatechain-tokenGate (GT) $ 12.01
  • cosmosCosmos Hub (ATOM) $ 2.94
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 40.34
  • kaspaKaspa (KAS) $ 0.051106
  • pump-funPump.fun (PUMP) $ 0.003768
  • pax-goldPAX Gold (PAXG) $ 3,987.59
  • bfusdBFUSD (BFUSD) $ 0.999653
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • wbnbWrapped BNB (WBNB) $ 991.45
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.10
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,538.39
  • story-2Story (IP) $ 3.86
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,579.94
  • ignition-fbtcFunction FBTC (FBTC) $ 102,083.00
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 101,793.00
  • flare-networksFlare (FLR) $ 0.015499
  • render-tokenRender (RENDER) $ 2.30
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.14
  • skySky (SKY) $ 0.051091
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,643.67
  • sei-networkSei (SEI) $ 0.179712
  • jupiter-exchange-solanaJupiter (JUP) $ 0.341360
  • nexoNEXO (NEXO) $ 1.07
  • bonkBonk (BONK) $ 0.000013
  • ripple-usdRipple USD (RLUSD) $ 0.999834
  • global-dollarGlobal Dollar (USDG) $ 0.999965
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,602.55
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 101,512.00
  • xdce-crowd-saleXDC Network (XDC) $ 0.056732
  • dashDash (DASH) $ 80.40
  • hashnote-usycCircle USYC (USYC) $ 1.11
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997863
  • morphoMorpho (MORPHO) $ 1.78
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.014642
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.35
  • aerodrome-financeAerodrome Finance (AERO) $ 0.974962
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.329671
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.50
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,655.37
  • immutable-xImmutable (IMX) $ 0.429228
  • celestiaCelestia (TIA) $ 1.01
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 101,787.00
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.88
  • fasttokenFasttoken (FTN) $ 2.00
  • optimismOptimism (OP) $ 0.418835
  • ousgOUSG (OUSG) $ 113.22
  • clbtcclBTC (CLBTC) $ 101,052.00
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 180.48
  • injective-protocolInjective (INJ) $ 7.41
  • blockstackStacks (STX) $ 0.399520
  • lido-daoLido DAO (LDO) $ 0.801716
  • aiaDeAgentAI (AIA) $ 6.86
  • the-graphThe Graph (GRT) $ 0.065647
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • tezosTezos (XTZ) $ 0.641429
  • curve-dao-tokenCurve DAO (CRV) $ 0.472108
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,284.93
  • doublezeroDoubleZero (2Z) $ 0.185684
  • soon-2SOON (SOON) $ 2.29
  • sonic-3Sonic (S) $ 0.168457
  • beldexBeldex (BDX) $ 0.083099
  • spx6900SPX6900 (SPX) $ 0.660488
  • tbtctBTC (TBTC) $ 101,714.00
  • flokiFLOKI (FLOKI) $ 0.000062
  • starknetStarknet (STRK) $ 0.131218
  • msolMarinade Staked SOL (MSOL) $ 210.11
  • pyth-networkPyth Network (PYTH) $ 0.102048
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,391.56
  • kaiaKaia (KAIA) $ 0.099244
  • usdaiUSDai (USDAI) $ 1.00
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999659
  • iotaIOTA (IOTA) $ 0.140303
  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999804
  • plasmaPlasma (XPL) $ 0.295373
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,394.39
  • ether-fi-liquid-ethEther.Fi Liquid ETH (LIQUIDETH) $ 3,565.86
  • usual-usdUsual USD (USD0) $ 0.998620
  • ether-fiEther.fi (ETHFI) $ 0.948602
  • conflux-tokenConflux (CFX) $ 0.103522
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.27
  • syrupMaple Finance (SYRUP) $ 0.460444
  • stader-ethxStader ETHx (ETHX) $ 3,642.84
  • gtethGTETH (GTETH) $ 3,388.13
  • ethereum-name-serviceEthereum Name Service (ENS) $ 13.65
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.01
  • steakhouse-usdc-morpho-vaultSteakhouse USDC Morpho Vault (STEAKUSDC) $ 1.11
  • the-sandboxThe Sandbox (SAND) $ 0.202286
  • true-usdTrueUSD (TUSD) $ 0.997859
  • theta-tokenTheta Network (THETA) $ 0.487572
  • merlin-chainMerlin Chain (MERL) $ 0.463253
  • newton-projectAB (AB) $ 0.005634
  • bitcoin-svBitcoin SV (BSV) $ 24.27
  • myx-financeMYX Finance (MYX) $ 2.29
  • bittorrentBitTorrent (BTT) $ 0.00000049
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,384.06
  • jasmycoinJasmyCoin (JASMY) $ 0.009833
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 101,818.00
  • dogwifcoindogwifhat (WIF) $ 0.470285
  • galaGALA (GALA) $ 0.010075
  • vaultaVaulta (A) $ 0.290641
  • pendlePendle (PENDLE) $ 2.74
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,734.56
  • heliumHelium (HNT) $ 2.42
  • flowFlow (FLOW) $ 0.278920
  • swethSwell Ethereum (SWETH) $ 3,712.55
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.175008
  • decentralandDecentraland (MANA) $ 0.232105
  • sbtc-2sBTC (SBTC) $ 101,596.00
  • ghoGHO (GHO) $ 0.999443
  • benqi-liquid-staked-avaxBENQI Liquid Staked AVAX (SAVAX) $ 21.16
  • ark-3ARK (ARK) $ 40.65
  • arweaveArweave (AR) $ 6.62
  • sun-tokenSun Token (SUN) $ 0.022525
  • zksyncZKsync (ZK) $ 0.057136
  • usddUSDD (USDD) $ 0.999633
  • eutblSpiko EU T-Bills Money Market Fund (EUTBL) $ 1.21
  • usdbUSDB (USDB) $ 1.00
  • decredDecred (DCR) $ 23.56
  • wrapped-hypeWrapped HYPE (WHYPE) $ 40.10
  • apenftAINFT (NFT) $ 0.00000040
Analytics

Cardano (ADA) Pressure Mounts—More Downside on the Horizon?

By admin
0 65

Cardano (ADA) Pressure Mounts—More Downside on the Horizon?

Cardano price started a fresh decline from the $0.680 zone. ADA is consolidating near $0.620 and remains at risk of more losses.

  • ADA price started a recovery wave from the $0.5850 zone.
  • The price is trading below $0.640 and the 100-hourly simple moving average.
  • There is a connecting bearish trend line forming with resistance at $0.6350 on the hourly chart of the ADA/USD pair (data source from Kraken).
  • The pair could start another increase if it clears the $0.640 resistance zone.

Cardano Price Faces Resistance

In the past few sessions, Cardano saw a fresh decline from the $0.680 level, like Bitcoin and Ethereum. ADA declined below the $0.650 and $0.640 support levels.

A low was formed at $0.6040 and the price is now consolidating losses. There was a minor move above the $0.6120 level. The price tested the 23.6% Fib retracement level of the recent decline from the $0.6481 swing high to the $0.6040 low.

Cardano price is now trading below $0.640 and the 100-hourly simple moving average. On the upside, the price might face resistance near the $0.6260 zone and the 50% Fib retracement level of the recent decline from the $0.6481 swing high to the $0.6040 low.

The first resistance is near $0.6350. There is also a connecting bearish trend line forming with resistance at $0.6350 on the hourly chart of the ADA/USD pair. The next key resistance might be $0.6480.

Cardano (ADA) Pressure Mounts—More Downside on the Horizon?

If there is a close above the $0.6480 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.680 region. Any more gains might call for a move toward $0.70 in the near term.

Another Drop in ADA?

If Cardano’s price fails to climb above the $0.6350 resistance level, it could start another decline. Immediate support on the downside is near the $0.6040 level.

The next major support is near the $0.60 level. A downside break below the $0.60 level could open the doors for a test of $0.580. The next major support is near the $0.5550 level where the bulls might emerge.

Technical Indicators

Hourly MACD – The MACD for ADA/USD is gaining momentum in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for ADA/USD is now below the 50 level.

Major Support Levels – $0.6040 and $0.580.

Major Resistance Levels – $0.6350 and $0.6480.

Source

admin 14835 posts 0 comments
You might also like More from author

Leave A Reply

Your email address will not be published.