USD

AED

AFN

ALL

AMD

ANG

AOA

ARS

AUD

AWG

AZN

BAM

BBD

BDT

BGN

BHD

BIF

BMD

BND

BOB

BRL

BTN

BWP

BYN

BZD

CAD

CDF

CHF

CLF

CLP

CNH

CNY

COP

CRC

CUC

CUP

CVE

CZK

DJF

DKK

DOP

DZD

EGP

ERN

ETB

EUR

FJD

FKP

GBP

GEL

GHS

GIP

GMD

GNF

GTQ

GYD

HKD

HNL

HRK

HTG

HUF

IDR

ILS

IMP

INR

ISK

JMD

JOD

JPY

KES

KGS

KHR

KMF

KPW

KRW

KWD

KYD

KZT

LAK

LBP

LKR

LRD

LSL

LYD

MAD

MDL

MGA

MKD

MMK

MNT

MOP

MRO

MRU

MUR

MRU

MUR

MVR

MWK

MVR

MWK

MXN

MYR

MXN

MYR

MZN

NAD

MZN

NAD

NGN

NIO

NGN

NIO

NOK

NPR

NOK

NPR

NZD

OMR

NZD

OMR

PAB

PEN

PAB

PEN

PGK

PHP

PGK

PHP

PKR

PLN

PKR

PLN

PYG

QAR

PYG

QAR

RON

RSD

RON

RSD

RUB

RWF

RUB

RWF

SAR

SBD

SAR

SBD

SCR

SDG

SCR

SDG

SEK

SGD

SEK

SGD

SHP

SLL

SHP

SLL

SRD

SSP

SRD

SSP

STD

STN

STD

STN

SVC

SYP

SVC

SYP

SZL

THB

SZL

THB

TJS

TMT

TJS

TMT

TND

TOP

TND

TOP

TRY

TTD

TRY

TTD

TWD

TZS

TWD

TZS

UAH

UGX

UAH

UGX

UYU

UZS

UYU

UZS

VES

VND

VES

VND

VUV

WST

VUV

WST

ZAR

ZMW

ZAR

ZMW

ZWL

Cryptopolitan 2021-08-18 11:10:39

Cardano price analysis: ADA not ready to challenge the $2.05 mark ,recession to follow?

TL;DR Breakdown Cardano price is expected to fall to $1.92The closest support level is at $1.92Cardano price is facing resistance at the $2.05 Cardano price action has failed to break above the $2.20 mark and ADA has fallen back to the $1.98 mark. While the price currently holds above the support level of $1.90, the bearish pressure is very strong and the price may fall further if the selling continues. The broader cryptocurrency market observes a bearish sentiment across the last 24 hours with most major cryptocurrencies recording a loss across the timeframe. The major players that recorded a loss include Ripple’s XRP, and BNB that record a 9.15 and a 7.63 percent decrease respectively. Meanwhile Bitcoin and Ethereum record a 3.46 and a 6.27 percent decrease Technical indicator for ADA/USDT Technical indicators for ADA/USDT by Trading view Across the technical indicators, the MACD exhibits declining bearish momentum as observed in the light red histogram. It has remained bearish for the past 3 days and the indicator has dropped to below -0.00. Across the EMAs, 26-EMAis still trading above the 12-EMA, however, the distance between the two is starting to decrease and they may see a bullish reversal later on The RSI is currently trading in the neutral zone a little above the 45.00 mark and does not issue a signal. The indicator has been trading in the neutral zone for the past 3 days. At press time the RSI has again had a...

Related News

Pushd Welcomes Aptos and Avalanche Investors to Tr...
19 Apr 2024
Best Play-to-Earn (P2E) Coins to Accumulate During...
19 Apr 2024
SEC Claims Justin Sun’s Extensive US Travels, Swin...
19 Apr 2024
BEFE Coin: The Next Big Cryptocurrency with Soarin...
19 Apr 2024
Bitgert Coin: The Next Big Thing After Bitcoin Hal...
19 Apr 2024
TIA Price Hints A Bullish Reversal! Celestia Price...
19 Apr 2024

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.

Cardano price analysis: ADA not ready to challenge the $2.05 mark ,recession to follow?

Most Read News

Related News