ADA has finally snapped the $1 barrier and has tapped the $1.191 top following a four-day parabolic bull run. However, the cryptocurrency has retraced to the $1.100 support area, as bulls ran out of steam near the $1.200 resistance.
That said, the seventh-largest cryptocurrency has put the 100 EMA below it, securing a goodish bias despite the recent retrace. As we head into the weekend, I expect a mild bearish continuation towards the $1.050 support. After that, I expect to see a bullish rebound to the $1.200 - $1.250 range.
Meanwhile, our resistance levels are $1.150, $1.200, and $1.250, and our support levels are $1.100, $1.050, and $1.000.
Total Market Capitalization: $2.01 trillion
Cardano Market Capitalization: $38.4 billion
Cardano Dominance: 1.9%
Market Rank: #7
That said, the seventh-largest cryptocurrency has put the 100 EMA below it, securing a goodish bias despite the recent retrace. As we head into the weekend, I expect a mild bearish continuation towards the $1.050 support. After that, I expect to see a bullish rebound to the $1.200 - $1.250 range.
Meanwhile, our resistance levels are $1.150, $1.200, and $1.250, and our support levels are $1.100, $1.050, and $1.000.
Total Market Capitalization: $2.01 trillion
Cardano Market Capitalization: $38.4 billion
Cardano Dominance: 1.9%
Market Rank: #7
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.