Despite losing 4% today, Cardano is showing a lot of strength against the Bitcoin. The price is still in favor of the bulls on a short-term perspective. Bears may take over the market if the price drops below the diagonal support on the 4-hours chart. ADA/USD: Cardano Holds Above $0.05 Support Key Resistance Levels: $0.0577,...Read More
Bitcoin Bitcoin saw a 4.4% price decline over the past seven days of trading as the coin trades at $9,115. The cryptocurrency was at the $9,815 resistance level for the majority of the week as it continuously failed to close above it. Bitcoin went on to slide lower from there on Wednesday as it dropped...Read More
Cardano’s price is up by 3.9% but showing weakness in the current 4-hours chart. A correction is likely to play out if Cardano fails to reiterate bullish actions. ADA regained momentum at immediate support, although the price is now roofed at technical resistance. ADA/USD: Cardano Reaches Channel’s Resistance Key Resistance Levels: $0.0481, $0.05, $0.053 Key...Read More
Bitcoin Bitcoin went through a 6.23% price hike over the past seven days of trading as the cryptocurrency managed to push to a fresh April high at $7,700. The coin met resistance at $7,200 last week, which caused it to drop beneath $7,000 at the start of this week. It went on to find support...Read More
After a six-day recovery, Cardano resumes selling pressure following a daily 8% price drop Against USD, Cardano sharply broke below a weekly triangle pattern, after two days of consolidation Against BTC, A breakdown below 530 SAT level could likely send ADA to discover new lows ADA/USD: Triangle Breakdown Followed by Huge Selloff Key Resistance Levels:...Read More