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{"id":590838,"date":"2024-03-01T04:48:58","date_gmt":"2024-03-01T04:48:58","guid":{"rendered":"https:\/\/uniquehot.com\/?p=590838"},"modified":"2024-06-11T07:57:50","modified_gmt":"2024-06-11T07:57:50","slug":"ada-price-prediction-0-80","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/cardano\/ada-price-prediction-0-80\/","title":{"rendered":"ADA Price Prediction \u2013 Here\u2019s Why Cardano Surge Is Far From Over"},"content":{"rendered":"

Cardano (ADA) is gaining pace above the $0.635 resistance zone. ADA is consolidating gains and might aim for more upsides above the $0.70 resistance.<\/em><\/p>\n

\n
ADA price is holding gains and facing resistance near the $0.70 zone.<\/li>\n
The price is trading above $0.640 and the 100 simple moving average (4 hours).<\/li>\n
There is a key bullish trend line forming with support at $0.6350 on the 4-hour chart of the ADA\/USD pair (data source from Kraken).<\/li>\n
The pair could attempt a fresh increase if the bulls remain active above the $0.6220 support.<\/li>\n<\/ul>\n
Cardano Price Eyes Another Increase<\/h2>\n
After forming a base above the $0.5650 level, Cardano started a fresh increase. ADA price was able to climb above the $0.600 and $0.6220 resistance levels to move into a positive zone, like Bitcoin<\/a> and Ethereum<\/a>.<\/p>\n
The bulls pushed the pair above the $0.650 resistance zone. However, the bears were active near the $0.700 resistance zone. A high was formed near $0.7084 and the price started a downside correction. There was a move below the $0.6750 level.<\/p>\n
The price declined below the 23.6% Fib retracement level of the upward wave from the $0.5685 swing low to the $0.7084 high. ADA price is now trading above $0.640 and the 100 simple moving average (4 hours).<\/p>\n
There is also a key bullish trend line forming with support at $0.6350 on the 4-hour chart of the ADA\/USD pair. The trend line is near the 50% Fib retracement level of the upward wave from the $0.5685 swing low to the $0.7084 high.<\/p>\n
$\"ADA$ <\/a><\/p>\n
Source: ADAUSD on TradingView.com<\/a><\/p>\n
The bulls might remain active near the $0.6350 support. On the upside, immediate resistance is near the $0.6750 zone. The first resistance is near $0.692. The next key resistance might be $0.700. If there is a close above the $0.700 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.750 region. Any more gains might call for a move toward $0.80.<\/p>\n
Downside Correction in ADA?<\/h2>\n
If Cardano\u2019s price fails to climb above the $0.6750 resistance level, it could continue to move down. Immediate support on the downside is near the $0.6350 level.<\/p>\n
The next major support is near the $0.6220 level. A downside break below the $0.6220 level could open the doors for a test of $0.600. The next major support is near the $0.5680 level.<\/p>\n
Technical Indicators<\/p>\n
4 hours MACD \u2013 The MACD for ADA\/USD is losing 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 $0.6350, $0.6220, and $0.6000.<\/p>\n
Major Resistance Levels \u2013 $0.6750, $0.6920, and $0.7000.<\/p>\n","protected":false},"excerpt":{"rendered":"
Cardano (ADA) is gaining pace above the $0.635 resistance zone. ADA is consolidating gains and might aim for more upsides above the $0.70 resistance. ADA price is holding gains and facing resistance near the $0.70 zone. The price is trading above $0.640 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.6350 on the 4-hour chart of the ADA\/USD pair (data source from Kraken). The pair could attempt a fresh increase if the bulls remain active above the $0.6220 support. Cardano Price Eyes Another Increase After forming a base above the $0.5650 level, Cardano started a fresh increase. ADA price was able to climb above the $0.600 and $0.6220 resistance levels to move into a positive zone, like Bitcoin and Ethereum. The bulls pushed the pair above the $0.650 resistance zone. However, the bears were active near the $0.700 resistance zone. A high was formed near $0.7084 and the price started a downside correction. There was a move below the $0.6750 level. The price declined below the 23.6% Fib retracement level of the upward wave from the $0.5685 swing low to the $0.7084 high. ADA price is now trading above $0.640 and the 100 simple moving average (4 hours). There is also a key bullish trend line forming with support at $0.6350 on the 4-hour chart of the ADA\/USD pair. The trend line is near the 50% Fib retracement level of the upward wave from the $0.5685 swing low to the $0.7084 high. Source: ADAUSD on TradingView.com The bulls might remain active near the $0.6350 support. On the upside, immediate resistance is near the $0.6750 zone. The first resistance is near $0.692. The next key resistance might be $0.700. If there is a close above the $0.700 resistance, the price could start a strong rally. In the stated case, the price could rise toward the $0.750 region. Any more gains might call for a move toward $0.80. Downside Correction in ADA? If Cardano\u2019s price fails to climb above the $0.6750 resistance level, it could continue to move down. Immediate support on the downside is near the $0.6350 level. The next major support is near the $0.6220 level. A downside break below the $0.6220 level could open the doors for a test of $0.600. The next major support is near the $0.5680 level. Technical Indicators 4 hours MACD \u2013 The MACD for ADA\/USD is losing 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 $0.6350, $0.6220, and $0.6000. Major Resistance Levels \u2013 $0.6750, $0.6920, and $0.7000.<\/p>\n","protected":false},"author":67,"featured_media":430644,"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-590838","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 Here\u2019s Why Cardano Surge Is Far From Over<\/title>\n<meta name=\"description\" content=\"Cardano (ADA) is gaining pace above the $0.635 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 Here\u2019s Why Cardano Surge Is Far From Over","url":"http:\/\/uniquehot.com\/news\/cardano\/ada-price-prediction-0-80\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/cardano\/ada-price-prediction-0-80\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/07\/shutterstock_199289291.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/07\/shutterstock_199289291.jpg?fit=1000%2C667"},"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":"2024-03-01T04:48:58Z","datePublished":"2024-03-01T04:48:58Z","dateModified":"2024-06-11T07:57:50Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"ADA Price Prediction \\u2013 Here\\u2019s Why Cardano Surge Is Far From Over\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/cardano\\\/ada-price-prediction-0-80\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/cardano\\\/ada-price-prediction-0-80\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/shutterstock_199289291.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/shutterstock_199289291.jpg?fit=1000%2C667\"},\"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\":\"2024-03-01T04:48:58Z\",\"datePublished\":\"2024-03-01T04:48:58Z\",\"dateModified\":\"2024-06-11T07:57:50Z\"}<\/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\/07\/shutterstock_199289291.jpg?fit=1000%2C667","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/590838","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=590838"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/590838\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/430644"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=590838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=590838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=590838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}