News Formal

Cardano’s resistance at key level: ADA to $1… finally?

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 68%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Cardano has a bearish market structure on the one-day chart and AMBCrypto anticipated further losses for the token as demand was muted.

ranged between the $0.68 and $0.447 levels. It has traded within this range since January. A breakout was successful in the first week of March, but the sellers quickly forced prices within the range.

The market structure on the daily chart was bearish. Additionally, the fair value gap at $0.52 was tested and rejected the bulls’ attempts at recovery.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why Cardano (ADA) Will Outpace XRP in Race to $1 as InQubeta Launches on UniswapAmidst the broader crypto market correction, a new AI-focused project, InQubeta (QUBE), has recently made its debut. The project...
Source: CryptoAmb - 🏆 22. / 68 Read more »

Here’s what Cardano needs for a move above $1As the market turned bullish, Cardano [ADA] also managed to lift its price by more than 3% in the last few hours.
Source: CryptoAmb - 🏆 22. / 68 Read more »