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{"id":559849,"date":"2023-11-09T04:48:37","date_gmt":"2023-11-09T04:48:37","guid":{"rendered":"https:\/\/uniquehot.com\/?p=559849"},"modified":"2024-06-11T07:45:03","modified_gmt":"2024-06-11T07:45:03","slug":"ada-price-prediction-cardano-rally-0-40","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/cardano\/ada-price-prediction-cardano-rally-0-40\/","title":{"rendered":"ADA Price Prediction \u2013 Cardano Could See “Face Ripping” Rally"},"content":{"rendered":"

Cardano (ADA) is gaining pace above the $0.350 resistance. ADA is showing heavy bullish signs and might rally toward $0.400 or even $0.420.<\/em><\/p>\n

\n
ADA price outperformed Bitcoin and rallied above the $0.350 resistance.<\/li>\n
The price is trading above $0.350 and the 100 simple moving average (4 hours).<\/li>\n
There is a key bullish trend line forming with support near $0.3505 on the 4-hour chart of the ADA\/USD pair (data source from Kraken).<\/li>\n
The pair could accelerate higher toward the $0.400 level or even $0.420.<\/li>\n<\/ul>\n
Cardano Price Rally Seems Far From Over<\/h2>\n
In the past few days, Cardano saw a decent increase from the $0.2850 support. It is up over 20% and broke many hurdles near the $0.350 resistance zone, outperforming Bitcoin<\/a> and Ethereum<\/a>.<\/p>\n
The upward move was such that the price spiked toward $0.3750. A high was formed near $0.3755 before there was a downside correction. The price declined below the $0.3550 support. It spiked below the 23.6% Fib retracement level of the upward move from the $0.2845 swing low to the $0.3755 high.<\/p>\n
However, the bulls were active above the $0.3400 zone. There is also a key bullish trend line forming with support near $0.3505 on the 4-hour chart of the ADA\/USD pair.<\/p>\n
$\"ADA$ <\/a><\/p>\n
Source: ADAUSD on TradingView.com<\/a><\/p>\n
ADA is now trading above $0.350 and the 100 simple moving average (4 hours). On the upside, immediate resistance is near the $0.3750 zone. The first resistance is near $0.380. The next key resistance might be $0.400. If there is a close above the $0.400 resistance, the price could extend its rally. In the stated case, the price could rise toward the $0.420 region.<\/p>\n
Are Dips Limited in ADA?<\/h2>\n
If Cardano\u2019s price fails to climb above the $0.3750 resistance level, it could start a downside correction. Immediate support on the downside is near the $0.3550 level.<\/p>\n
The next major support is near the $0.350 level and the trend line. A downside break below the $0.350 level could open the doors for a test of the 50% Fib retracement level of the upward move from the $0.2845 swing low to the $0.3755 high at $0.3300. The next major support is near the $0.3080 level.<\/p>\n
Technical Indicators<\/p>\n
4 hours MACD \u2013 The MACD for ADA\/USD is gaining momentum in the bullish zone.<\/p>\n
4 hours RSI (Relative Strength Index) \u2013 The RSI for ADA\/USD is now above the 50 level.<\/p>\n
Major Support Levels \u2013 $0.355, $0.350, and $0.330.<\/p>\n
Major Resistance Levels \u2013 $0.375, $0.400, and $0.420.<\/p>\n","protected":false},"excerpt":{"rendered":"
Cardano (ADA) is gaining pace above the $0.350 resistance. ADA is showing heavy bullish signs and might rally toward $0.400 or even $0.420. ADA price outperformed Bitcoin and rallied above the $0.350 resistance. The price is trading above $0.350 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.3505 on the 4-hour chart of the ADA\/USD pair (data source from Kraken). The pair could accelerate higher toward the $0.400 level or even $0.420. Cardano Price Rally Seems Far From Over In the past few days, Cardano saw a decent increase from the $0.2850 support. It is up over 20% and broke many hurdles near the $0.350 resistance zone, outperforming Bitcoin and Ethereum. The upward move was such that the price spiked toward $0.3750. A high was formed near $0.3755 before there was a downside correction. The price declined below the $0.3550 support. It spiked below the 23.6% Fib retracement level of the upward move from the $0.2845 swing low to the $0.3755 high. However, the bulls were active above the $0.3400 zone. There is also a key bullish trend line forming with support near $0.3505 on the 4-hour chart of the ADA\/USD pair. Source: ADAUSD on TradingView.com ADA is now trading above $0.350 and the 100 simple moving average (4 hours). On the upside, immediate resistance is near the $0.3750 zone. The first resistance is near $0.380. The next key resistance might be $0.400. If there is a close above the $0.400 resistance, the price could extend its rally. In the stated case, the price could rise toward the $0.420 region. Are Dips Limited in ADA? If Cardano\u2019s price fails to climb above the $0.3750 resistance level, it could start a downside correction. Immediate support on the downside is near the $0.3550 level. The next major support is near the $0.350 level and the trend line. A downside break below the $0.350 level could open the doors for a test of the 50% Fib retracement level of the upward move from the $0.2845 swing low to the $0.3755 high at $0.3300. The next major support is near the $0.3080 level. Technical Indicators 4 hours MACD \u2013 The MACD for ADA\/USD is gaining momentum in the bullish zone. 4 hours RSI (Relative Strength Index) \u2013 The RSI for ADA\/USD is now above the 50 level. Major Support Levels \u2013 $0.355, $0.350, and $0.330. Major Resistance Levels \u2013 $0.375, $0.400, and $0.420.<\/p>\n","protected":false},"author":67,"featured_media":439840,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16896],"tags":[79516,14643,79508,12332],"class_list":["post-559849","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-adabtc","tag-adausd","tag-adausdt","tag-cardano"],"acf":[],"yoast_head":"\nADA Price Prediction \u2013 Cardano Could See "Face Ripping" Rally<\/title>\n<meta name=\"description\" content=\"Cardano (ADA) is gaining pace above the $0.350 resistance. 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His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/uniquehot.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"ADA Price Prediction \u2013 Cardano Could See “Face Ripping” Rally","url":"http:\/\/uniquehot.com\/news\/cardano\/ada-price-prediction-cardano-rally-0-40\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/cardano\/ada-price-prediction-cardano-rally-0-40\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/09\/shutterstock_567905164.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/09\/shutterstock_567905164.jpg?fit=1000%2C535"},"articleSection":"Cardano","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["adabtc","adausd","adausdt","cardano"],"dateCreated":"2023-11-09T04:48:37Z","datePublished":"2023-11-09T04:48:37Z","dateModified":"2024-06-11T07:45:03Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"ADA Price Prediction \\u2013 Cardano Could See “Face Ripping” Rally\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/cardano\\\/ada-price-prediction-cardano-rally-0-40\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/cardano\\\/ada-price-prediction-cardano-rally-0-40\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/shutterstock_567905164.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/shutterstock_567905164.jpg?fit=1000%2C535\"},\"articleSection\":\"Cardano\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"adabtc\",\"adausd\",\"adausdt\",\"cardano\"],\"dateCreated\":\"2023-11-09T04:48:37Z\",\"datePublished\":\"2023-11-09T04:48:37Z\",\"dateModified\":\"2024-06-11T07:45:03Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/09\/shutterstock_567905164.jpg?fit=1000%2C535","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/559849","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=559849"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/559849\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/439840"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=559849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=559849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=559849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}